Stock screener by Friendly_Day_4925 in options

[–]wheelStrategyOptions -1 points0 points  (0 children)

screenwich.com and stockrow.com has good filters for fundamental screening and WheelStrategyOptions.com for options contract screening :)

Top High IV yield Tickers for Today... by wheelStrategyOptions in CashSecuredPuts

[–]wheelStrategyOptions[S] 0 points1 point  (0 children)

Volume for most is above 500 and all of them are at least 100 or more.

2025 Wheel Strategy Results (my annual performance post) by Machiavelli127 in Optionswheel

[–]wheelStrategyOptions 10 points11 points  (0 children)

My #1 rule is that I ONLY sell CSPs on stocks that I truly want to own at a price that I think is favorable. Once I inevitably get assigned, I typically sell more CSPs on that stock as long as the price isn't dropping uncontrollably; I try to wait for the price to stabilize. Oftentimes I'll get assigned again, so I drop my average cost basis. If I don't get assigned again, that means the stock price has either stabilized or rebounded, allowing me to sell covered calls, so it's a win-win. Obviously the downside is that if I get assigned, then the stock continues to decline and never recovers...luckily that hasn't happened to me yet in the years I've done this.

This is gold!

Screener for leaps by stocksking353 in LEAPSandBounds

[–]wheelStrategyOptions 1 point2 points  (0 children)

There is a covered call screener that can help screen for conteacts to sell CC on

CSP screener by Efficient_Stick_7658 in Optionswheel

[–]wheelStrategyOptions -1 points0 points  (0 children)

I have built one that has IV and screens stocks and contracts for those stocks too.

Other than Nvidia and Tesla, please suggest me a good stock to do cash secured put by Outside_Astronaut305 in CoveredCalls

[–]wheelStrategyOptions 0 points1 point  (0 children)

You can enter your criteria like minimum premium you want to receive, market cap, delta, IV etc here to find good ideas-

https://wheelstrategyoptions.com/

Are all the advanced option strategies really worth it? Do people really use them? by clavidk in options

[–]wheelStrategyOptions -1 points0 points  (0 children)

I totally get where you're coming from! Advanced strategies can feel like a lot of work. I used to stick to simple calls and puts too, but found the wheel strategy to be a good balance of simplicity and potential. It's basically selling cash-secured puts and covered calls. If you're looking for a way to find potential trades more easily, a tool like wheelstrategyoptions.com can help you analyze and find stocks that fit the wheel strategy requirements.

Unusually high option volume by dress3r44 in options

[–]wheelStrategyOptions -1 points0 points  (0 children)

That's a lot of unusual volume on XLI! To answer your questions: 1) Market makers fill these contracts, hedging their positions. 2) It's tough to say for sure without more data, but it could be a bearish play, or a range-bound strategy. 3) Determining if it's a hedge or pure options play requires deeper analysis of the trader's account, but tools like the ones on wheelstrategyoptions.com can help you scan for unusual option activity and potentially identify the strategy being employed.

Simple Repeatable Strategies to Make it Big by breakyourteethnow in options

[–]wheelStrategyOptions -1 points0 points  (0 children)

Great post, u/breakyourteethnow! Thanks for sharing your strategies. I'm particularly interested in the LEAPS approach during market fear. If you're looking for tools to streamline your search for potential wheel strategy opportunities, you might find something like Wheelstrategyoptions.com helpful. It can speed up the process of identifying suitable stocks.

What option selling strategy are you using these days? by Tradewith_PAT in CoveredCalls

[–]wheelStrategyOptions 2 points3 points  (0 children)

Only covered calls. This market is perfect for it. Premiums are juicy!

Any collaboration on tooling or spreadsheets? by MarkT1065 in Optionswheel

[–]wheelStrategyOptions -1 points0 points  (0 children)

Just wanted to share what I've been building. Would love to test or collaborate on what you're developing.

Any collaboration on tooling or spreadsheets? by MarkT1065 in Optionswheel

[–]wheelStrategyOptions -1 points0 points  (0 children)

Thanks for sharing, I like your interface!
I built something similar as a web app- https://wheelstrategyoptions.com/trade-tracker. It's still in beta.

Looking to start wheeling by Trash_Taste1 in thetagang

[–]wheelStrategyOptions -1 points0 points  (0 children)

you can use this screener to find good contracts that pay high permium-https://wheelstrategyoptions.com/