Find better wheel trades faster.
Rank cash-secured puts and covered calls by premium yield, annualized return, assignment risk, and wheel score — then track how your strategy performs against the market.
Best Wheel Candidates
Showing 5 of 33
| Symbol | Price | IV Rank | Earnings | Liquidity | Wheel Score |
|---|---|---|---|---|---|
AAPL Apple | $297.53 | 72% | 70d | High | 82 |
AMD Advanced Micro Devices | $417.01 | 88% | 18d | High | 76 |
RIVN Rivian Automotive | $14.82 | 91% | 6d | Medium | 54 |
SNAP Snap Inc | $11.43 | 84% | 3d | Low | 38 |
TSLA Tesla | $247.66 | 79% | 12d | High | 64 |
Start with better underlyings.
Your wheel results are only as good as the stocks you choose. Build an approved list of high-quality names you are actually comfortable owning.
Approved Underlyings
| Ticker | Sector | Market Cap | IV Rank | Next Earnings | Status |
|---|---|---|---|---|---|
| AMZN | Consumer Cyclical | $1.90T | 28 | Jun 6 (9d) | Approved |
| MSFT | Technology | $3.11T | 24 | May 30 (2d) | Approved |
| AAPL | Technology | $2.95T | 22 | May 2 (5d) | Approved |
| UNH | Healthcare | $483B | 31 | May 15 (18d) | Approved |
Compare covered calls by outcome.
The highest premium call is not always the best wheel decision. ThetaRank shows how each strike affects premium collected, assignment profit, return, and cost-basis risk before you place the trade.
Covered Call Candidates
Compare how each call changes your premium, basis, and if-called outcome.
| Strike | Expiration | DTE | Credit | Profit Not Assigned | Profit Assigned | Return Not Assigned | Return Assigned |
|---|---|---|---|---|---|---|---|
$82.00C Below Cost Basis | 2026-05-29 | 4 | +$156 | $1,475 +$156 vs current | $875 -$444 vs current | 16.8% +1.8% vs current | 9.9% -5.0% vs current |
$83.00C Below Cost Basis | 2026-05-29 | 4 | +$115 | $1,434 +$115 vs current | $934 -$385 vs current | 16.3% +1.3% vs current | 10.6% -4.4% vs current |
$84.00C Near Cost Basis | 2026-05-29 | 4 | +$77 | $1,396 +$77 vs current | $996 -$323 vs current | 15.9% +0.9% vs current | 11.3% -3.7% vs current |
$85.00C Above Cost Basis | 2026-05-29 | 4 | +$71 | $1,390 +$71 vs current | $1,090 -$229 vs current | 15.8% +0.8% vs current | 12.4% -2.6% vs current |
$86.00C Above Cost Basis | 2026-05-29 | 4 | +$54 | $1,373 +$54 vs current | $1,173 -$146 vs current | 15.6% +0.6% vs current | 13.3% -1.7% vs current |
Features
Everything you need to run the wheel smarter.
Find better trades, compare outcomes before entering, and track whether your strategy is actually beating the market.
Find better wheel candidates.
Compare CSPs and covered calls side-by-side with the metrics that matter most.
Know what to do next.
Compare holding, assignment, rolling, or selling the next call from one decision view.
Track what really matters.
Go beyond premium collected and see how your wheel strategy is actually performing.
Analyze and improve your strategy.
Detailed insights help you refine your approach and compound results.
A better workflow.
Better results.
ThetaRank helps you make smarter decisions at every step of the wheel — so you can trade with more confidence and consistency.
No credit card required
Pricing
Start free. Upgrade when you need more power.
Free users can track a few positions and explore the basics. Pro unlocks unlimited tracking, advanced metrics, and roll analysis.
Free
$0
Good for getting started.
Pro
$20/mo
For active wheel traders.