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

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.

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Latest Insights

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

Your Paycheck Already Changed Because of the New Tax Law. Here's What to Check Before September.
Tax Planning
Your Paycheck Already Changed Because of the New Tax Law. Here's What to Check Before September.

The "no tax on tips" and "no tax on overtime" rules from 2025's tax law didn't actually show up in your withholding until January 2026. Here's what changed, what to check on a pay stub, and why it matters before the next estimated-tax deadline.

July 6, 2026

A Scooter Company Warned Investors It Might Not Survive. Its IPO Popped Anyway.
Market Commentary Stock Research
A Scooter Company Warned Investors It Might Not Survive. Its IPO Popped Anyway.

Lime priced its IPO at $25 and opened up 8%, with shares touching a ~10% gain in early trading. Days earlier, its own paperwork told investors the company had "substantial doubt" about staying in business without the raise. Here's how both things are true.

July 6, 2026

Tesla Crushed Delivery Estimates by 74,000 Cars. Wall Street Sold It Off Anyway — Here's the Math.
Market Commentary Stock Research
Tesla Crushed Delivery Estimates by 74,000 Cars. Wall Street Sold It Off Anyway — Here's the Math.

Tesla beat Wall Street's Q2 delivery estimate by more than 70,000 vehicles — a genuine blowout quarter. Investors sold the stock down roughly 7.5% anyway. Here's the math the market was actually trading.

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 →