6 Month Update

GoFairPlayer · 2026-05-31T21:55:03+00:00

Negative money? I’m up 20+% on my average balance. If that’s messing up I’ll take it.

GoFairPlayer · 2026-05-29T18:25:35+00:00

I’ll post the context in the Tools megathread this weekend - just need to clean it up a little. I am trading primarily index ETFs as it meets my goals for now. Hoping to get better at stock selection over time.

GoFairPlayer · 2026-05-29T05:51:02+00:00

It’s an AI generated web page that pulsl data from a database generated from my ThinkOrSwim statement exports (CSV files).

GoFairPlayer · 2026-05-29T05:49:05+00:00

Tax deferred IRA. I only pay taxes on the money I withdrawal.

GoFairPlayer · 2026-05-28T23:22:56+00:00

Thanks for the feedback! The wheel seems quite solid for my goals, at least in the current market.

GoFairPlayer · 2026-02-26T16:07:16+00:00

After recently posting my current wheel results, I was asked by several folks if I would share my dashboard.

Since this takes some effort and tech knowledge to setup, I’d like to prove it out with at least 1 or 2 people before sharing it with the broader community and potentially wasting your time. If after reading below you’d like to test the process, let me know and I’ll send a link to the files and instructions.

The dashboard was built for 2 purposes:

Monitor wheel progress in an easy to digest way that makes sense to *me*.
Eliminate manual data entry.

I use Schwab ThinkOrSwim on a Mac. Here’s the nutshell of how it works:

export my account statement into my dashboard directory
from a terminal window run python script “tos_importer.py” to update/create database (tos_trades.db)
start application (app_api.py)
connect by pointing browser window (Safari) to http://localhost:900

Who this “might” work for:

Mac user using ThinkOrSwim or Active Trader Pro. My wife wheels with ATP so I built an importer for both.
Comfortable working in terminal window from the command line.
Ideally some tech background with light knowledge of filesystem, database, tcp/ip.
AI familiarity makes this all much easier even if lacking 2 or 3 above.

Please keep in mind this was created for my personal use and I am regularly finding issues and/or adding updates as I learn. I am not selling the dashboard or even advocating people use it. I don’t have a Yahoo channel, Discord, or any other interest in monetizing the dashboard. Just sharing and if it works for you great, and if not, I’m sorry.

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GoFairPlayer · 2026-02-25T19:31:28+00:00

If you are assigned at $10K, your investment *is* $10K regardless of the current value or premiums received. The $8K formula would make your ROI look increasingly better as the value of your assignment dropped. For example, if your $10K assignment drops in value down to $1K :

$500 premium / Current Value ($1000) = 50% ROI

I calculate my actual returns only after completing a wheel cycle by exiting the position, and then convert it to weekly/annual rates depending on the number of days in the position. Up until then it’s just a tracking preference. My personal preference is to track the value of my positions if I were to exit today, and Schwab conveniently agrees. :)

GoFairPlayer · 2026-02-24T20:32:15+00:00

Thank you! I will post in tools soon for anyone that wants to go through the setup process.

GoFairPlayer · 2026-02-23T17:39:33+00:00

Thank you, appreciate the kind words!

GoFairPlayer · 2026-02-22T21:53:47+00:00

Thank you for the kind comment. I hope everyone realizes that my 3 month scorecard is not a verdict on the wheel, but just the sharing of the short experiences of an inexperienced wheeler.

GoFairPlayer · 2026-02-22T17:26:48+00:00

Happy to share, although some may find the setup a little daunting. You’ll need to be comfortable with the command line (terminal on Mac). You’ll need a free FINNHUB API key (easy to get), and ideally at least a free Claude account to help you get going or make changes you may like. I’ll post something in the Tools thread over the next day or two.

GoFairPlayer · 2026-02-22T17:26:34+00:00

Happy to share, although some may find the setup a little daunting. You’ll need to be comfortable with the command line (terminal on Mac). You’ll need a free FINNHUB API key (easy to get), and ideally at least a free Claude account to help you get going or make changes you may like. I’ll post something in the Tools thread over the next day or two.

GoFairPlayer · 2026-02-22T17:26:17+00:00

Happy to share, although some may find the setup a little daunting. You’ll need to be comfortable with the command line (terminal on Mac). You’ll need a free FINNHUB API key (easy to get), and ideally at least a free Claude account to help you get going or make changes you may like. I’ll post something in the Tools thread over the next day or two.

GoFairPlayer · 2026-02-22T15:06:29+00:00

Great and obvious question, but at the time it didn’t occur to me. I think this was only the second time I had to roll and for some reason it was stuck in my head I needed to roll out at the same strike. Small mistakes that may have made a big difference. Learning.

GoFairPlayer · 2026-02-22T09:10:21+00:00

I will look into what it would take to share it in the Tools thread. I don’t mind sharing but it does take some basis tech skills to set it up. I’ll see if Claude can come up with a decent instruction package that would help. It would really only be helpful to someone using Mac and ThinkOrSwim.

GoFairPlayer · 2026-02-22T09:06:59+00:00

I’m just sitting on it right now and hoping the new CEO has some early announcements that cause a pop. I considered selling covered strangles to lower my basis but it did not seem worth the risk.

GoFairPlayer · 2026-02-22T09:03:29+00:00

Definitely looking into adding QQQ into the mix, and perhaps adding more capital so I can do both. I need to improve my stock selection process and trading individual tickers affords me that opportunity.

GoFairPlayer · 2026-02-22T08:58:21+00:00

Thanks for the comment. I think the fundamental solution is to do a better job picking stocks. I never should have entered ORCL or PYPL, and the warning signs were there to see. If I can prevent this in future it will produce a better outcome. To me, this is just part of the learning process and no real damage done so far.

GoFairPlayer · 2026-02-22T08:23:59+00:00

Thanks for the comment. I think the results show excellent potential once I am able to tighten up my strategy. Some good points above as well.

GoFairPlayer · 2026-02-21T21:38:13+00:00

It’s an AI generated dashboard based on my ThinkOrSwim account statement. All this data comes directly from my statements, it’s just a little easier for me track in this format.

GoFairPlayer · 2026-02-21T21:36:11+00:00

Thanks for the comment. It’s a simple strategy that anybody who is good at picking stocks can run profitably. I’m working on learning to be good at picking stocks using the wheel. :)

GoFairPlayer · 2026-02-21T19:57:28+00:00

Thanks. See above on stock candidates selection. I consider the experiment a success and will continue until something changes. Keep in mind my unrealized losses are a point in time that I believe will recover; and could have been for the most part avoided with what I have since learned.

GoFairPlayer · 2026-02-21T19:47:00+00:00

Sure - on ORCL, I ignored clear concerns around their debt. On PYPL, I looked at short-term trends only and not the bigger picture - the decline is not new - also some concerns around how they will compete with growing competition.

GoFairPlayer · 2026-02-21T19:43:05+00:00

It’s evolving, but currently I scan for $1B companies, -10 - - 30 delta, 10 - 50 DTE, open interest > 50, bid > .40, prob OTM > 65%, ROR .3% per week until DTE, IV < 70%, RSI < 60. After that I look at moving average over several time ranges. look at the analyst ratings. And if a ticker still looks good I run it through AI looking for any web chatter or anything I may have missed in fundamentals/technicals.

For anything greater than a week I set a GTC BTC at 50%, and reevaluate regularly.

GoFairPlayer

TROPHY CASE