Options Screening & Education

Smart Tools for the
Wheel Strategy.

Real-time options data that helps you find, analyze, and execute cash-secured puts and covered calls with confidence — backed by live market pricing, Greeks, and company fundamentals.

Wheel Strategy Diagram

Featured Insight

The IRS Just Announced 2027 HSA Limits. Here's Why That Matters for a Decision You're Making This Fall.
Tax Planning
The IRS Just Announced 2027 HSA Limits. Here's Why That Matters for a Decision You're Making This Fall.

The IRS raised 2027 HSA contribution limits to $4,500 (self-only) and $9,000 (family). The new numbers matter now, because open enrollment for 2027 health coverage — the decision that determines whether you can use them — happens this fall.

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Latest Insights

Tax tips, options trading ideas, and market takes — updated regularly.

Samsung Just Posted Its Best Quarter Ever. Chip Stocks Sold Off Anyway. Here's the Volatility Trade Hiding in That.
Options Strategies Stock Research
Samsung Just Posted Its Best Quarter Ever. Chip Stocks Sold Off Anyway. Here's the Volatility Trade Hiding in That.

Samsung's profit jumped roughly 19-fold, yet the stock dropped hard, dragging Micron and Sandisk down. This is a different kind of volatility than a single-company earnings IV crush — and it changes how options-income traders should think about selling premium on chips now.

July 7, 2026

Rivian Beat Its Own Delivery Guidance. Then It Announced a $1.5 Billion Share Sale and Erased the Rally.
Market Commentary Stock Research
Rivian Beat Its Own Delivery Guidance. Then It Announced a $1.5 Billion Share Sale and Erased the Rally.

Rivian delivered more vehicles than promised and raised its full-year outlook — the stock jumped. Four days later, a 75-million-share stock offering wiped most of that gain out. Here's why "the company did well" and "the stock did well" aren't the same question.

July 7, 2026

What Happens to Your Options When Four Big Banks Report Earnings on the Same Morning
Options Strategies Stock Research
What Happens to Your Options When Four Big Banks Report Earnings on the Same Morning

JPMorgan, Citigroup, Wells Fargo, and Goldman Sachs all report Q2 earnings on July 14, 2026. If you're running the wheel on bank stocks, here's what elevated implied volatility does to your premium — and what happens to it the very next morning.

July 6, 2026

The Wheel Strategy in 3 Steps

The same cycle repeated by thousands of income traders every week.

1
Sell a Cash-Secured Put

Choose a stock you'd be happy to own. Sell a put option below the current price and collect premium upfront. If the price stays above your strike, you keep the cash.

2
Own the Stock

If the stock drops below your strike, you're assigned 100 shares at your strike price. Your effective cost basis is lower — reduced by every premium you've collected so far.

3
Sell a Covered Call

Sell a call option above your cost basis and collect more premium. Repeat the cycle — earning income while the stock trades sideways or climbs.

Everything You Need in One Place

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Scan Options

Enter one or more ticker symbols and instantly see the top-ranked cash-secured put options sorted by annualized yield. Delta, IV, open interest, breakeven, and fundamentals are all surfaced in one view.

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Chain Viewer

Dive into the full option chain for any single stock across any available expiry date. See every strike with live bid/ask, delta, IV, open interest, support levels, and color-coded ITM / OTM indicators.

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Covered Call

Enter a stock you already own and your cost basis. The screener finds the best covered call strikes to sell — with yield and breakeven calculations adjusted specifically to your purchase price.

Find Calls →

New to the Wheel Strategy?

Our Learning Hub walks you through every step — with a real-world example using actual trade numbers so you can see exactly how the income cycle works.

Go to Learning Hub →