Options education and screening software for everyday investors
Learn how cash-secured puts and covered calls work, with the math and the risks.
Options involve substantial risk, including loss of your entire investment. Not investment advice.
What WheelPro is
WheelPro is subscription software from WheelPro Analytics LLC that teaches and screens two options strategies on US-listed stocks: covered calls and cash-secured puts. It runs on the web, on iOS and on Android.
- It teaches. Narrated lessons explain what an option is, how the premium is priced, and what assignment means, one step at a time.
- It screens. The same screening rules run over more than 1,100 US-listed stocks, and the screen shows which setups meet them. Every subscriber sees the same screen; nothing is tailored to your finances.
- It flags. Upcoming earnings dates, ex-dividend dates and position size are called out before you decide anything.
- It explains. Axle, the built-in AI guide, answers questions about a setup. Axle explains and teaches; it never places trades.
What WheelPro is not
- It does not place trades. You decide, and you place every order yourself with your own broker.
- It does not hold your money or your securities, and it cannot move funds.
- It does not give individualized investment advice. WheelPro Analytics LLC is not registered as a broker-dealer or as an investment adviser, and it is not a fiduciary.
- It does not offer binary options, CFDs, forex or crypto.
The risks
Options involve substantial risk, including loss of your entire investment. Not investment advice.
Selling a cash-secured put can require you to buy 100 shares for each contract at the strike price, even after the stock has fallen far below it. Selling a covered call can require you to sell 100 shares for each contract at the strike price, which caps what you keep if the stock rises. Some weeks the right answer is no trade at all.
Before trading options, read the OCC's Characteristics and Risks of Standardized Options and the WheelPro Risk Disclaimer.