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

Someone Sold 32x the Normal Volume of Skyworks Puts for 20 Cents. Here's What Delta Actually Tells You About That Trade.
Options Strategies
Someone Sold 32x the Normal Volume of Skyworks Puts for 20 Cents. Here's What Delta Actually Tells You About That Trade.

A options screener flagged Skyworks Solutions puts trading at 32 times their typical volume — but the strike is 22% below the stock, and the option's delta says there's only about a 5% chance it ever matters. Here's how to read that combination correctly.

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Latest Insights

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

Your Student Loan Repayment Plan Just Changed — Here's What the New RAP and Tiered Standard Plans Mean for You
Tax Planning
Your Student Loan Repayment Plan Just Changed — Here's What the New RAP and Tiered Standard Plans Mean for You

Federal student loan repayment was overhauled on July 1, 2026 — SAVE Plan borrowers are now on a 90-day clock, two plans replaced most of what came before, and a little-known interest-rate discount is worth signing up for before September 30. Here's what actually changed and what to do about it.

July 8, 2026

Vertex's $10 Billion Crinetics Deal: Why the Target Popped 99% and the Buyer Fell
Market Commentary
Vertex's $10 Billion Crinetics Deal: Why the Target Popped 99% and the Buyer Fell

Vertex Pharmaceuticals is paying $10 billion, a 102% premium, for Crinetics Pharmaceuticals. Crinetics stock nearly doubled overnight. Vertex stock dropped. Neither reaction means what it looks like it means — here's the mechanic behind both.

July 8, 2026

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.

July 7, 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.

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