The wheel strategy options screener, tracker, and calculators

Wheel Strategy Options is a free wheel screener and options wheel tracker for the option wheel strategy. The wheel strategy (also called the options wheel or the wheel of options) is a repeatable income approach: sell cash-secured puts on stocks you would own, take assignment if the put goes in the money, then sell covered calls on the shares until they are called away—collecting premium at every step.

Use the cash secured put screener and covered call screener to find high-yield wheel trades across 2,000,000+ contracts, model returns with the covered call calculator, watch dealer positioning on the gamma exposure (GEX) tool, and log every leg in the wheel strategy tracker. New to the options wheel strategy? Start in the wheel strategy learning center or see the best stocks for the wheel strategy.