Open Risk Radar
Rank every open position by risk so you always know what needs attention first.
Options Wheel TraderOne System. Four Disciplines.
Options Wheel Trader is built around the actual lifecycle of a wheel trade. Plan what needs attention, Scan for the next candidate, Track every put and call across accounts, and Analyze what is actually working — one connected system instead of a spreadsheet and four browser tabs.
1Sell Cash-Secured Puts
2Get Assigned or Keep Premium
3Sell Covered Calls
4Close, Get Called Away, and Repeat
01
Plan Your Next Move
Before you place a trade, know what actually needs your attention. Plan tools rank open risk, measure capital efficiency, and show which entry setups have worked for you.
Capital Efficiency
See which positions are working hardest for your capital and which are dead weight.
Entry Quality
Learn which entry setups have actually paid off for you before you place the next one.
plan / open-risk-radar
02
Scan for Wheel-Friendly Trades
Once you know what you are looking for, find it fast. Scan screens the market for candidates that fit your criteria instead of you scrolling option chains by hand.
Options Scanner
Weight cash-secured put and covered call candidates by premium yield, delta, liquidity, and DTE, then get a ranked shortlist.
Roll Finder
Find the best roll candidates for a position you already hold, with side-by-side comparisons.
Discover
Browse community-wide most-traded, most-assigned-and-rolled, and small-account ideas for inspiration — always anonymized.
scan / options-scanner
03
Track Every Position, Every Account
This is where the spreadsheet used to live. Log trades in seconds, let assignments and rolls update your holdings automatically, and see every account in one dashboard.
Trade Logging
Ticker, strike, premium, contracts, expiry — done in under 30 seconds, with breakeven and annualized return calculated for you.
Assignments & Rolls
Mark a put assigned and shares are added at the correct basis automatically. Full and partial rolls keep a linked history.
Multi-Account Portfolio
See all positions across every brokerage account in one dashboard, with account, ticker, and status filters.
track / new-trade
04
Analyze What Is Actually Working
Once trades close, the real question starts: what should you do more of? Analyze turns your trade history into a clear read on performance, not a guess.
Performance & Premium Income
P&L trends, premium collected, and win rate over time, by ticker, account, or date range.
Adjusted Cost Basis
Cost basis that stays accurate through every assignment and roll, without you doing the math.
Trade Insights
Drill into wins and losses to quickly see which setups are working and which are not.
Roll Chains & Trade Lifecycle
Full history of a position from open to close, across every roll, in one linked view.
analyze / performance
“I built Options Wheel Trader with a Plan, Scan, Track, and Analyze workflow because I needed them myself. I run the wheel every week and these are the tools I actually use.”