The Smarter Way to
Run the Wheel.
Find the perfect strike, every time.
OptyTrades screens 8,000+ stocks, scores them across 19 dimensions, reads trend & support/resistance, shows IV Rank and premium levels, analyst consensus, and hands you the perfect strike to sell — so every put and call you write is backed by data, not guesswork.
| Score | Ticker | Price | Chg | Yield | Volume | Cap | P/E | IV | IV Rank | Sector |
|---|---|---|---|---|---|---|---|---|---|---|
| 92 | NVDA | $131.28 | +2.41% | 0.03% | 312M | $3.2T | 52.1 | 78%ULTRA | 68% | Technology |
| 88 | SOFI | $14.52 | -1.22% | N/A | 48M | $15.8B | 85.4 | 81%ULTRA | 54% | Financial |
| 85 | AAPL | $228.87 | +0.87% | 0.44% | 54M | $3.5T | 33.7 | 45%HIGH | 72% | Technology |
| 78 | PLTR | $80.14 | +3.65% | N/A | 67M | $186B | 168 | 72%ULTRA | 61% | Technology |
| 76 | CCL | $22.31 | -0.45% | N/A | 22M | $28.5B | 17.2 | 77%ULTRA | 45% | Consumer |
| 74 | BAC | $43.60 | +0.32% | 2.42% | 38M | $345B | 14.5 | 38%MED | 58% | Financial |
Wheel traders waste hours on research
that should take minutes.
Finding wheel-worthy stocks
Scrolling through thousands of tickers, checking options chains, filtering by liquidity, IV, and fundamentals — manually. Then praying the company doesn't blow up.
We scan 9 market screeners, score 8,000+ stocks across 19 dimensions, and rate every stock's safety — Fortress, Solid, Caution, or Danger — so you never sell puts on a ticking time bomb.
Timing your entries
Selling a put when the stock is overbought. Selling a call after a pullback. Getting the direction right but the timing wrong.
Our 7-dimension entry signals combine momentum, trend regime, and support/resistance to tell you when conditions actually favor your trade.
Choosing strikes & expiries
Staring at a 200-row options chain trying to balance premium, probability, and capital. Analysis paralysis on every trade.
Three tiers — conservative, moderate, aggressive — with exact strike, expiry, premium, capital required, and annualized return.
Built on the best data available
We pay for the same consolidated market data that powers institutional trading desks. Every stock snapshot, options chain, and IV reading is sourced directly from the Securities Information Processor (SIP) across all 16 US exchanges — not scraped, not estimated.
Everything the wheel needs.
Nothing it doesn't.
Built by wheel traders, for wheel traders. Every feature exists to answer one question: what should I sell, and when?
Wheel Score
Every stock is scored 0-100 across 8 fundamental dimensions: volume, price efficiency, market cap, 52-week position, P/E, earnings growth, profitability, and analyst consensus — then scaled by IV premium.
Safety Badge
Every stock gets a safety rating — Fortress, Solid, Caution, or Danger — based on 7 checks: profitability, valuation, market cap, IV risk, free cash flow, dilution history, and solvency. High scores alone don't cut it.
Proprietary IV Calculation
Black-Scholes Newton-Raphson solver with multi-expiry composite weighting. We calculate IV from option prices — within 1% of ThinkOrSwim.
CSP Entry Signals
7-dimension scoring: RSI, price position, Bollinger Bands, drawdown, volume, structural trend, and S/R proximity. Each signal comes with a plain-English label and confidence level.
CC Entry Signals
Mirror-opposite signal for covered calls. Tells you when to sell calls with a descriptive label and confidence score — so you know exactly why conditions favor your trade.
Structural Trend & S/R Levels
Swing-point analysis detects uptrend, downtrend, or sideways trends. S/R zones are auto-detected and overlaid on the chart.
Market Health Banner
S&P 500, Nasdaq, and Dow Jones trend classification — uptrend, downtrend, or sideways. Know the market context before you trade.
3-Tier Strike Recs
Conservative, moderate, and aggressive strike recommendations with exact premium, capital required, and annualized return for every signal.
Watchlist & Trade Log
Save stocks you're tracking. Log your CSP and CC trades to track P&L, win rate, and annualized returns across your whole wheel portfolio.
Analyst Consensus
Wall Street price targets, Buy/Hold/Sell ratings, and consensus upside — visualized with price range bars and donut charts. See where the pros stand before you sell.
IV Rank & Premium Levels
Real IV Rank shows when premiums are richer than usual. Premium badges (MED, HIGH, ULTRA) flag absolute premium strength at a glance — so you never miss a fat premium opportunity.
Income Planner
Two-bucket system splits your capital between a safe reserve and your trading account. Set your expenses, pick a reserve target, and instantly see sustainability, transfer schedules, runway, and stress-test projections.
Real tools. Real data.
Here's what you get inside OptyTrades — no wishy-washy feature lists, just the actual screens you'll use every day.
The Screener
8,000+ stocks scored, sorted, and filterable. IV badges, safety ratings, and wheel scores at a glance.
| Score | Ticker | Price | Chg | Yield | Volume | Cap | P/E | IV | IV Rank | Sector |
|---|---|---|---|---|---|---|---|---|---|---|
94 | NVDA | $131.28 | +2.41% | 0.03% | 312M | $3.2T | 52.1 | 78%ULTRA | 68% | Technology |
88 | SOFI | $14.52 | -1.22% | — | 48M | $15.8B | 85.4 | 81%ULTRA | 54% | Financial |
85 | AAPL | $228.87 | +0.87% | 0.44% | 54M | $3.5T | 33.7 | 45%HIGH | 72% | Technology |
78 | PLTR | $80.14 | +3.65% | — | 67M | $186B | 168 | 72%ULTRA | 61% | Technology |
62 | BAC | $43.60 | +0.32% | 2.42% | 38M | $345B | 14.5 | 38%MED | 58% | Financial |
Stock Deep-Dive
Click any stock to see signals, score breakdown, strike recommendations, analyst consensus, and chart with S/R zones.
CSP Strike Recommendations
Trade Journal
Log every CSP, CC, and share position. Track P&L, win rate, and annualized returns across your whole portfolio.
| Placed | Symbol | Type | Strike | Expiry | Contracts | Premium | Status | P/L | Ann. ROR |
|---|---|---|---|---|---|---|---|---|---|
| Mar 28 | NVDA | CSP | $125 | Apr 18 | 1 | +$342 | open | +$342 | 32.4% |
| Mar 24 | AAPL | CC | $235 | Apr 11 | 1 | +$187 | closed | +$187 | 18.2% |
| Mar 17 | SOFI | CSP | $13 | Apr 4 | 2 | +$128 | closed | +$128 | 22.1% |
| Mar 10 | PLTR | CSP | $75 | Apr 4 | 1 | +$265 | assigned | -$480 | -8.4% |
Two signals. Plain English.
Every signal comes with a descriptive label and confidence score. No cryptic codes — just a clear explanation of why conditions favor (or don't favor) your trade.
CSP — Cash-Secured Put
Stock pulled back to support in an uptrend — high-conviction entry for selling puts.
CC — Covered Call
Stock is weak and far from resistance — call premiums are low. Wait for a rally.
From scan to trade in 60 seconds.
No complex filters. No 47-tab spreadsheets. Just open the screener, look at scores and signals, and trade.
Scan the table
1,000+ stocks pre-scored for wheel suitability. Sort by score, IV, IV Rank, sector, capital required — filter by premium level and see ULTRA/HIGH/MED badges at a glance.
Click a stock
Deep-dive into options data, IV calculations, entry signals, analyst consensus with price targets, Piotroski scores, and 3-tier strike recommendations.
Make your trade
Use our specific strike and expiry recommendations, or use the data to find your own edge. Log it in your Trade Journal.
Plans for every trader
Start free, upgrade when you're ready. All paid plans include a 14-day free Pro trial.
Free
No credit card required
- Screener with Wheel Scores
- Sort & filter by any metric
- Top 5 stock detail views
- Calculator
- Market health banner
Basic
~$6.58/mo · Save 27%
- Everything in Free
- Unlimited stock detail views
- CSP & CC entry signals
- IV Rank & data
- Trend & S/R analysis
- Trade Journal
- Watchlists
Pro
~$16.58/mo · Save 43%
- Everything in Basic
- AI Analysis (GPT-4o)
- Ticker Deep Dive page
- Opty's Picks (weekly)
- Income Planner
- Daily AI Commentary
Common questions
The wheel is an options income strategy that cycles between selling cash-secured puts (CSPs) and covered calls (CCs) on stocks you'd be happy to own. You collect premium on every leg — whether the stock goes up, down, or sideways.
We scan 8,000+ US stocks from all 16 exchanges via the SIP consolidated feed — covering the full market. After filtering for options availability, price, volume, and market cap, typically 1,000-1,200 stocks qualify.
Most screeners use 2-3 indicators. Our signals combine 7 dimensions: RSI, price position, Bollinger Bands, drawdown, volume confirmation, structural trend analysis, and support/resistance proximity. We also factor in the broader market health.
We run a proprietary Black-Scholes Newton-Raphson solver against option prices with ATM-weighted multi-expiry composite weighting. Our IV calculations are consistently within 1% of ThinkOrSwim (TOS).
No. We show capital required for every recommendation, and you can filter by share price. Many stocks in the $10-$25 range only require $1,000-$2,500 per contract — making the wheel accessible for accounts of all sizes.
The screener table with Wheel Scores, sorting, and filtering — plus detail views for the top 10 ranked stocks, and the Income Planner in manual mode. No time limit, no credit card required. Pro unlocks the full table, entry signals, strike recommendations, Options Grades, trend/S/R analysis, the Trade Journal, watchlists, and Trade Journal-powered income planning.
Yes. Cancel anytime from your account — no questions asked, no cancellation fees. Your Pro access continues through the end of your billing period.
Your next wheel trade is waiting.
8,000+ stocks scored. Entry signals live. Strike recommendations ready.
Free to start — no credit card required.