Calculator
Options Wheel calculator
Collateral, premium, effective purchase price and covered call outcomes for a single trade.
Open the calculator →Tracker
Cost basis after rolls
Add every premium and buyback to see what you really paid for the shares once you're assigned.
Open the tracker →Calculator
Roll or take the shares?
Compare rolling a put with taking assignment now: net credit, effective price and extra capital tied up.
Compare a roll →Planner
Cash planner by account size
Set your reserve and position limit, then see how many positions fit and whether a trade is within them.
Plan my cash →Checklist
Pre-trade checklist
The questions I ask before opening a trade, as a tick-list you can print or save as a PDF.
Open the checklist →All figures are illustrations in US dollars for standard 100-share contracts, before fees and tax. They are not advice. See the risk information.