Options Wheel Strategy
Trading Tool &
Training Course
THE OPTIONS WHEEL STRATEGY
Options wheel strategy tool
Portfolio tool
Track the performance of your options trades. The tool helps you make decisions on when to close trades and shows when you are getting close to exceeding your trading account limits.
Options wheel calculator
Calculate the optimum values for the key criteria of each of your options trades before making the trade. You can assess how each trade would affect your trading limits.
Breakeven tracking
Displays stock that has been assigned to you and calculates the breakeven price of that stock. This helps you to decide where to set call strike prices.
Assigned stock calculator
Provides the live market value of stock assigned allowing you to monitor the live profit/loss of the stock you own after assignment.
Trade history
Track your trading performance including your profit/loss and return on investment (ROI) over different time frames. Lots of nice charts!
Watchlist
Follow the performance of stocks, ETFs and indices that you are interested in by adding them to your watchlist.
*Includes full access to our Wheel Strategy video training course. Yearly subscription.
Options wheel strategy course
Wheel strategy tool lessons
Step-by-step video lessons explaining how to use our wheel strategy tool to its full potential.
Basic options trading 101
What are options? How can we trade options? Which brokers, charts and screeners can we use?
The wheel strategy basics
Start trading the wheel strategy quickly by following our simple steps.
Technical analysis
Learn how to read stock charts with a focus on the wheel strategy. Understand how to select stock and when to enter/exit trades.
Company fundamentals
Rules & guidelines on understanding the key financial data of a company. Essential for selecting which trades to enter.
Wheel strategy advanced
Once you understand the basics we have many advanced lessons to help you improve your trading understanding and performance.
*Includes our Wheel Strategy Trading Tool. Yearly subscription.
“The Wheel” options wheel strategy Trading Tool and Training Course
The wheel strategy is a simple yet effective options trading strategy. You can earn good profits with a higher probability of success and lower risk than other option strategies.
With our wheel strategy tool you can quickly and easily assess which trades to enter and then monitor those trades as they play out. Trading decisions are made easier with this tool, such as when to enter and exit a trade, which premium levels to choose and what length of contract to trade.
Our video-based training course not only provides in-depth training on using our wheel strategy tool, but also on how to trade the wheel strategy itself. The course provides essential training for beginner level option traders and also gives useful insights and trading ideas for intermediate and advanced traders.
*Yearly subscription.