AI-Powered Trade Selection
Enter trade parameters to get an AI-driven recommendation for the wheel strategy.
The Wheel Strategy Guide
A step-by-step walkthrough of the process.
Historical Performance
Analysis of your past trades and profitability.
Monthly P/L
Recent Trades
| Ticker | Type | Date | Status | P/L |
|---|---|---|---|---|
| MSFT | CSP | 2023-05-15 | Expired | $250.00 |
| AAPL | CSP | 2023-05-20 | Assigned | $500.00 |
| AAPL | CC | 2023-06-01 | Expired | $220.00 |
| GOOGL | CSP | 2023-06-10 | Expired | $150.00 |
| SPY | CC | 2023-07-05 | Called Away | $1500.00 |
| QQQ | CSP | 2023-07-12 | Closed | $110.00 |
Options Trading Fundamentals
Core concepts to help you trade smarter.
The 'Greeks' are financial measures that help determine the risk and sensitivity of an option's price to various factors.
Delta
Measures the rate of change of an option's price for a $1 change in the underlying asset's price. Ranges from 0 to 1 for calls, and -1 to 0 for puts.
Gamma
Measures the rate of change in Delta for a $1 change in the underlying price. It shows how fast Delta will change.
Theta
Measures the rate of price decline of an option due to the passage of time (time decay). It's usually negative as options lose value as they approach expiration.
Vega
Measures sensitivity to volatility. It indicates the amount an option's price changes for a 1% change in the implied volatility of the underlying asset.