The Wheel Taker is a purpose-built platform for the options wheel strategy. Track every trade, analyse stock fundamentals, manage risk with precision, and compound income through cash-secured puts and covered calls — all in one clean dashboard.
The wheel is a repeating options income loop. The Wheel Taker gives you a dedicated dashboard to run every cycle — from selecting stocks to tracking premiums to monitoring assignment risk — so nothing slips through the cracks.
Pick stocks you want to own. Sell puts below market price and collect upfront premium while you wait for an opportunity.
If the stock dips below your strike at expiry, you receive 100 shares at your target price — with premium already in your pocket.
Sell calls above your cost basis. Collect more premium and wait for shares to get called away at a profit, then spin the wheel again.
Track every leg of your wheel — puts, calls, and stock assignments — with live option premiums, expiry countdowns, and objectives like Skate or Assignment.
View your full portfolio with accumulated net premiums, dividends, P&L charted vs S&P 500, and an at-a-glance Assignment Meter for every position.
Analyze stocks with P/E, P/Book, EV/EBITDA, analyst buy/hold/sell counts, insider transactions, and a Discounted Cash Flow intrinsic value model.
Enforce your own risk guardrails: max trade delta, portfolio delta (with beta weighting), vega, theta limits, and daily loss alerts.
Stay ahead with a real-time financial newsfeed surfacing earnings reports, Fed announcements, and market-moving headlines — filtered to the stocks in your portfolio.
Send trades directly to your trading coach for review. Coaches see a live student roster and full trade history to provide guided feedback.
Start free for 14 days. No credit card required. Cancel anytime.