Options Wheel Trader

Blog

Practical notes on the wheel strategy, execution, and trade analytics.

Choosing a strike and credit for a cash-secured put in OptionsWheelTrader

How to Pick a Strike Price for a Cash-Secured Put

October 12, 2026

The four checks I run before selling a cash-secured put, with a real BAC example that compares three strikes on price, yield, and odds of assignment.

Covered call strike selection grouped by entry delta

What Delta Should You Sell Covered Calls At?

October 8, 2026

The delta bands I use for covered calls, what each band costs me in upside, and how I pick the strike I am actually willing to sell at.

Importing trades and asking contextual questions in OptionsWheelTrader

Import Trades Using AI and Ask Contextual Questions

September 25, 2026

How OptionsWheelTrader uses AI to extract trades from broker screenshots and answer contextual questions on Dashboard, Trades, and Portfolio.

Options Wheel Trader site and app visual refresh

A Fresh Look for Options Wheel Trader: Site and App

July 31, 2026

What’s new in the Options Wheel Trader website and app refresh: why we changed the look, how to explore the new pages, and how to pick your appearance theme.

Roll Finder in OptionsWheelTrader

How Roll Finder Helps You Manage Wheel Positions

July 29, 2026

A full walkthrough of Roll Finder in OptionsWheelTrader: net-credit ranking, pricing modes, strike and delta filters, cost-basis impact, and how Use this roll feeds the existing roll workflow.

Entry Quality Report in OptionsWheelTrader

Understanding the Entry Quality Report

June 11, 2026

How Options Wheel Trader’s Entry Quality Report groups outcomes by entry delta, DTE, distance, premium, and more—with scatter, heatmap, per-leg vs roll-chain modes, and open-chain handling.

Capital Efficiency Report in OptionsWheelTrader

Understanding the Capital Efficiency Report

June 10, 2026

How Options Wheel Trader’s Capital Efficiency report ranks trades by return on capital, dollars per day, annualized return, premium yield, and ticker-level efficiency.

Options Risk Radar Report in OptionsWheelTrader

Understanding the Open Risk Radar Report

June 9, 2026

How Options Wheel Trader’s Open Risk Radar ranks open trades by assignment risk, time pressure, liquidity, and events.

Investor framework for navigating all-time highs with options

Investing at All-Time Highs: A Practical Playbook for Long-Term Investors

May 7, 2026

A practical framework for handling market highs without panic, with clear guidance on positioning, risk, and the role options can play.

Trade Insights report in OptionsWheelTrader

Understanding the Trade Insights Report

April 22, 2026

A practical walkthrough of the Trade Insights report in OptionsWheelTrader: filters, win/loss metrics, and trade-level drilldowns.

Options Scanner ranked opportunities and filters in OptionsWheelTrader

How the Options Scanner Works (and Why It Can Improve Your Wheel Process)

April 21, 2026

A complete walkthrough of the Options Scanner in OptionsWheelTrader: filters, ranking, and the key benefits for wheel traders.

Some of the research behind the Options Scanner Weighted-Ranking Presets

Some of the Research Behind the Options Scanner Weighted-Ranking Presets

April 21, 2026

Some of the research underlying the weight-ranking presets in the Options Scanner in OptionsWheelTrader

Adjusted Cost Basis Report in OptionsWheelTrader

Understanding the Adjusted Cost Basis Report

April 13, 2026

How Options Wheel Trader’s Adjusted Cost Basis report models wheel-style stock basis, what each column means, and how to read the trade-level breakdown.

Install OptionsWheelTrader as a PWA on Desktop and Mobile

Install OptionsWheelTrader as a PWA on Desktop and Mobile

April 13, 2026

Step-by-step instructions to install the OptionsWheelTrader progressive web app on Windows, macOS, iOS, and Android, and tips for using it day to day.

Case Study: Saving Time and Managing Risk with OptionsWheelTrader

Case Study: Saving Time and Managing Risk with OptionsWheelTrader

April 9, 2026

How one trader moved beyond spreadsheets, saved time, and improved discipline with OptionsWheelTrader.

Covered Calls vs. Cash-Secured Puts: Which Comes First?

Covered Calls vs. Cash-Secured Puts: Which Comes First?

April 9, 2026

A detailed comparison of covered calls and cash-secured puts, and how they fit together in the wheel strategy.

Earnings, Dividends, and the Wheel Strategy

Earnings, Dividends, and the Wheel Strategy

April 9, 2026

How earnings reports and ex-dividend dates affect wheel trading, and strategies to manage event risk.

Monthly Expirations and Delta Targets: Why They Matter

Monthly Expirations and Delta Targets: Why They Matter

April 9, 2026

A deep dive into why monthly expirations, DTE sweet spots, and delta targeting are critical in wheel trading.

Options Wheel Strategy for Beginners: A Step-by-Step Guide

Options Wheel Strategy for Beginners: A Step-by-Step Guide

April 9, 2026

New to the wheel? Learn the options wheel strategy step by step: cash-secured puts, assignment, and covered calls, plus the risk management that keeps it safe.

Wheel Strategy Mistakes: 5 Errors That Cost Traders Money

Wheel Strategy Mistakes: 5 Errors That Cost Traders Money

April 9, 2026

The 5 most common wheel strategy mistakes — chasing premium, ignoring earnings, over-concentration, margin, and poor tracking — and how to avoid each one.

My Personal Rules for Running the Wheel

My Personal Rules for Running the Wheel

April 9, 2026

Discover the rules I follow when trading the options wheel strategy.

How to Track Wheel Trades Without Spreadsheets

How to Track Wheel Trades Without Spreadsheets

April 9, 2026

Why spreadsheets fail for wheel trading, and how dedicated tools can simplify tracking and analytics.

What Is the Options Wheel Strategy? A Practical Guide

What Is the Options Wheel Strategy? A Practical Guide

April 9, 2026

The options wheel strategy explained: sell cash-secured puts, get assigned or keep the premium, sell covered calls, then repeat. See how the cycle works in practice.