Sample data
Loading the scan…

Trade like the house.

Sell the insurance. Collect the premium. Let the clock work for you.

The private trading desk for selling cash-secured puts and covered calls. Your rules. Every trade explained.

Connects to Tastytrade and Schwab · Free plan, no card

TODAY · ACCOUNTSAMPLE ACCOUNT
Premium · month$4,812
Open contracts7
BP at risk38% / 50
Worst month−6.1%
Sample account. Illustrative, not a track record.
Close
TGT 215P · Oct 2352% of the profit in 21% of the time
Earnings
AAPL 245PReports Oct 25, before your Nov expiry
#SetupAnnΔScore
1
TGT 135P · Nov 06
ValueSizeRed daySupport
28.4%0.2284
2
AMD 145P · Nov 06
ValueSizeRSI 30
35.9%0.2476
3
JPM 280P · Oct 30
ValueSizeSupport
17.2%0.1971
5scoring factors

Return, IV rank, liquidity, safety, timing. Every one shown.

8lessons

Each tied to a screen. The first three are free.

2brokers

Tastytrade and Schwab. Paper first.

15min delayed on Free

Real-time on Pro.

0picks

Your rules only.

3 decisions. One desk.

The reasoning, not a list.

01

What to sell

  • Under fair value (must)16% below fair value ✓
  • Position under 10% (must)4.0% ✓
  • Big red day−2.9% today ✓
  • OversoldRSI 33 ◐
  • Near support9% above –

Your checklist, not ours. Musts gate the scan; optionals feed the score. Change a slider and every ranking moves.

02

When to close

Time used21%
Profit taken52%
Close. 52% of the profit in 21% of the time is 2.5× ahead of the clock. Would you open this trade today for what's left? No.

The profit-versus-time rule, computed on every open position, every day. It also tells you when the clock has nothing to say.

03

What it costs in a bad year

Every rule set is backtested on point-in-time chains and reported with its drawdown, worst months and tail average, not just its return. The band under the curve is the part most sellers never see until it's theirs.

Every alert shows its work.

Entry alerts fire when a setup clears your rules. Management alerts fire from your open positions. Each one carries the score breakdown and the checklist, so you can disagree with it.

Post them to your Discord or Telegram group with one toggle. The footer never comes off.

PushTelegramDiscordSunday digest

AMD 145P Oct 23 scores 84

IV rank 62, 20.4% annualized at 0.22 delta, 3 of 3 timing signals lit, no earnings before expiry.

Return76 · weight 30 · 22.8 ptsIV rank62 · weight 20 · 12.4 ptsLiquidity88 · weight 15 · 13.2 ptsSafety52 · weight 15 · 7.8 ptsTiming100 · weight 20 · 20.0 pts
Rule-based setup from your own filters in Wheelhouse Trader. Not a recommendation.

Backtest report

Illustration
Annual return[yours]
Max drawdown[yours]
Worst month[yours]
Return ÷ drawdown[yours]
GROWTH OF $100
Your wheelBuy and holdDrawdown

See the tail before you sell it.

Selling premium is selling insurance. You win most months; the money leaves in the few months something happens. Wheelhouse Trader runs your exact rules over years of point-in-time option chains and reports the drawdown, the worst months and the tail average next to the return.

Then it maps every delta and expiry so you can tell a plateau from a lucky peak, and walks forward so out-of-sample numbers sit beside in-sample ones.

Run a backtest on the Pro plan →

Your fills teach your rules.

Every trade is tagged with what the checklist looked like at entry. Wheelhouse Trader cuts your closed trades by delta, IV rank and signals lit, then says which rules paid and offers the change. Apply it and the next batch of trades tells you whether it helped.

Optional signals are earning their place

Trades with two or more signals lit captured more premium than trades with none.

Timing weight 20 → 25

IV rank is paying you

Entries above 60 IV rank out-earned entries under 40 per day held.

IV rank floor 30 → 40

Delta above 0.30 did not pay for its assignments

More assignments, no more dollars per day.

Delta cap → 0.30

Learn it in the order you'll need it.

Eight short lessons, each tied to a screen in the product. The first three are free and enough to place a sensible first put.

  1. 01What you're actually doing when you sell a put
  2. 02Assignment isn't failure: the wheel explained
  3. 03Reading the chain: delta, days, IV rank
  4. 04Pick the stock before the optionPro
  5. 05Managing the trade: profit versus timePro
  6. 06What can go wrongPro
  7. 07Placing your first cash-secured putPro
  8. 08Reading your own edgePro

3 plans.

Cancel from settings. No calls, no lock-in.

Free

$0
  • Scanner on 15-minute delayed chains
  • Your rules, all sliders
  • Three alerts
  • Position tracker and the exit rule
  • Lessons 1 to 3
  • 10 desk questions a month
Start free
The whole desk

Pro

$29/ month

Billed monthly

Everything for one trader

  • Real-time chains
  • Every alert, and the Sunday digest
  • Backtests with drawdown and the tail
  • Capital allocator
  • Journal findings that tune your rules
  • 200 desk questions a month
  • The full course
Start Pro

Desk

$79/ month

For trading groups

  • Everything in Pro
  • Post alerts to your group
  • Up to 5 linked accounts
  • Shared rule sets
  • Priority support
Start Desk

Alerts are rule-based setups generated from your own filters. Nothing in Wheelhouse Trader is personalized investment advice, and past results, real or backtested, do not predict future ones.

Straight answers

Is this a signal service?
No. Wheelhouse Trader runs the rules you set and shows you what cleared them and why. It never tells you what it would buy.
Which brokers connect?
Tastytrade and Schwab today. Orders start in paper mode, and every live ticket runs through guardrails you can read before you tap.
Is the data real-time?
Free uses 15-minute delayed chains, which is fine for trades held for weeks. Pro is real-time.
Can I share alerts with the people I trade with?
Yes, on Pro. They see the setup, the score breakdown and the checklist, and a footer that says it's a rule-based setup, not a recommendation.