TheWheelApp finds the best stocks for the wheel options strategy — so you can stop guessing and start collecting premium like a pro.
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The Wheel is a time-tested options strategy that generates consistent income on stocks you'd be happy to own. It's methodical, repeatable, and when executed on the right stocks — powerfully profitable.
Collect premium upfront on a stock you want to own at a lower price. Time is now on your side.
If the stock drops below your strike, you own it at a discount. If not, you keep all the premium and repeat Step 1.
Now that you own shares, sell calls above your cost basis — collecting even more income while the stock recovers.
TheWheelApp does the heavy lifting so you can focus on executing with confidence.
Our engine scans thousands of tickers daily, filtering for high implied volatility, strong fundamentals, liquid options chains, and ideal price ranges suited for the wheel strategy.
Each candidate is scored on premium yield, downside protection, trend strength, and earnings risk — giving you a clear, ranked shortlist every morning before the market opens.
Not sure which strike to sell? We suggest optimal strike prices and expiration dates based on your risk tolerance and target premium yield — so you execute with confidence, not guesswork.
Purpose-built tools for the wheel strategy. Nothing you don't need, everything you do.
Wake up to a curated list of the day's best wheel candidates, ranked and ready to trade. No research required on your end.
See premium yields, delta, and break-even prices across the full options chain — without ever opening a complicated brokerage terminal.
Track all your open wheel positions in one clean dashboard. Monitor unrealized P&L, days-to-expiry, and assignment risk at a glance.
Never get blindsided by earnings. Get proactive notifications before expiry when your positions are approaching a catalyst event.
Know when implied volatility is rich vs. cheap. Sell premium when IV is high — not low — to maximize the edge of the wheel strategy.
Share setups, learn from experienced wheelers, and keep a detailed trade journal to track your edge and grow your income over time.
Unlike speculative trading, the wheel strategy turns time and volatility into your greatest allies. Every day that passes, your position decays in your favor. Every cycle you complete, you earn.
Everything you need to know about TheWheelApp and the strategy it supports.
Some basic understanding of options (calls, puts, and how they work) is helpful. However, TheWheelApp is designed to make the strategy as approachable as possible. We'll guide you with clear explanations, plain-English scoring, and educational content built right into the platform.
Cash-secured puts require you to hold enough capital to purchase 100 shares if assigned. In practice, many wheelers start with accounts between $5,000–$25,000 by targeting lower-priced stocks. TheWheelApp will filter recommendations to match your available capital and account size.
We're in active development right now. Waitlist members will be the very first to know when beta access opens. Sign up above — early users will receive exclusive founding member pricing that will never be offered again after launch.
No. TheWheelApp is a research and screening tool — not a licensed brokerage or registered investment advisory service. All information is for educational and informational purposes only. You execute trades through your own brokerage. Always perform your own due diligence before trading.
Yes — we plan a free tier with limited daily picks and core features. Premium subscribers unlock the full screener, portfolio tracker, real-time alerts, and all advanced analytics. Waitlist members will receive exclusive introductory pricing at launch.
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