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.
Featured Insight
We're at the year's midpoint, and the S&P 500 has posted a stronger first half than it did in 2025 — but a good run in stocks can quietly nudge your portfolio's risk level higher than you intended. Here's a plain-English walkthrough of how mid-year check-ins and rebalancing actually work.
Read the full article →Latest Insights
Tax tips, options trading ideas, and market takes — updated regularly.
Same market, same day, two sectors moving in opposite directions: energy stocks climbed as oil spiked on Middle East tensions, while chip stocks slid on a separate shock out of Korea. Here's the plain-English case for why that happened — and what it teaches about diversification.
On July 14, 2026, June CPI data, four bank earnings, and Fed Chair Kevin Warsh's first congressional testimony all hit before lunch — with monthly options expiration just three days later. Here's the plain-English mechanics of pricing a pileup like that.
Form 1099-DA is here, but for 2025 crypto trades it only reported what you sold for — not what you paid. Starting with 2026 transactions, brokers track cost basis too, and a wallet-by-wallet recordkeeping rule means your own records may end up controlling the numbers.
The Wheel Strategy in 3 Steps
The same cycle repeated by thousands of income traders every week.
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.
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.
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
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.
Scan Now →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.
View Chain →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 →