How-to
Short guides to get more out of QuantWheel
Practical walk-throughs for everyday tasks. Pick a category below or jump to a specific guide.
Getting started
Your first days: the sandbox, the tour, the plans, the trial, and your first broker.
- How to explore QuantWheel in the SandboxExplore QuantWheel's wheel strategy tools using demo data. Free forever, no credit card, no signup. See the screener, journal, and GEX before paying.
- How to navigate QuantWheel after your first loginEverything on the QuantWheel dashboard, sidebar, and top bar — what each section does and where to find it after your first login.
- Understanding the wheel strategyThe wheel strategy explained: cash-secured puts, assignment, covered calls, and called away. How the full cycle works and when it breaks down.
- Understanding QuantWheel plans: Sandbox, GEX, and PROWhat's included in each QuantWheel plan, what it costs, and how to choose between GEX and PRO. Sandbox is free forever; paid plans start at $1 for 7 days.
- How to find max pain strikesMax Pain is the strike at which the largest number of open contracts would expire worthless - often (not always) a magnet price into expiration. Learn how to look up Max Pain for any ticker and expiration, and when to trust it.
- How to start your $1 7-day trialHow to start the $1 seven-day trial on QuantWheel GEX or PRO. Sign up, pick your plan, enter your card, and know when the first full charge hits.
- How to connect your first broker and see your positionsStep-by-step: connect your first broker to QuantWheel, confirm positions are syncing, and see them in Open Positions and the Options Journal.
- How to restart the onboarding tourHow to replay the QuantWheel product tour from the beginning. Covers the Wheel workflow: Active Wheels, Find Deals, Roll, and Covered Calls.
Broker setup
Connect each supported broker and keep your positions syncing.
- How to choose and connect a brokerHow QuantWheel connects to supported brokers. Interactive Brokers can use a Flex Query API key; most other brokers use OAuth. Read-only unless you explicitly enable order routing on a supported broker.
- How to connect Interactive BrokersConnect IBKR to QuantWheel using a Flex Query API key. Generate a Query ID and Token inside IBKR, paste them into QuantWheel, and your trading history syncs automatically.
- How to connect FidelityConnect your Fidelity account to QuantWheel with one click. Log in on Fidelity's own website, approve read-only access, and your positions sync automatically.
- How to connect Charles SchwabConnect your Charles Schwab account to QuantWheel with one click. Log in on Schwab's own website, approve read-only access, and your positions sync automatically.
- How to connect RobinhoodConnect your Robinhood account to QuantWheel with one click. Log in on Robinhood's own website, approve read-only access, and your positions sync automatically.
- How to connect E*TradeConnect your E*Trade account to QuantWheel with one click. Log in on E*Trade's own website, approve read-only access, and your positions sync automatically.
- How to connect tastytradeConnect your tastytrade account to QuantWheel with one click. Log in on tastytrade's own website, approve read-only access, and your positions sync automatically.
- How to connect PublicConnect your Public account to QuantWheel with one click. Log in on Public's own website, approve read-only access, and your positions sync automatically.
- How to connect MoomooConnect your Moomoo account to QuantWheel with one click. Log in on Moomoo's own website, approve read-only access, and your positions sync automatically.
- How to connect WealthsimpleConnect your Wealthsimple account to QuantWheel with one click. Log in on Wealthsimple's own website, approve read-only access, and your positions sync automatically.
- How to connect TradeStationConnect your TradeStation account to QuantWheel with one click. Log in on TradeStation's own website, approve read-only access, and your positions sync automatically.
- How to connect WebullConnect your Webull account to QuantWheel with one click. Log in on Webull's own website, approve read-only access, and your positions sync automatically.
- How to connect SoFiConnect your SoFi account to QuantWheel with one click. Log in on SoFi's own website, approve read-only access, and your positions sync automatically.
- How to connect Merrill EdgeConnect your Merrill Edge account to QuantWheel with one click. Log in on Merrill's own website, approve read-only access, and your positions sync automatically.
- How to connect VanguardConnect your Vanguard account to QuantWheel with one click. Log in on Vanguard's own website, approve read-only access, and your positions sync automatically.
Wheel workflow
Screen for deals, read the rating, filter, roll, and sell covered calls.
- How to use the Find Deals screenerFind Deals is tab 1 of the Wheel. It scans the market for wheel opportunities using 4 filter groups - options, technical, company, and earnings. Learn the layout, the Simple/Advanced toggle, and how to read the results table.
- How to read the opportunity RatingThe Rating column scores every screened opportunity against your filter set. Higher is better. Learn how to use it alongside Yield and Delta to pick candidates, and when to trust it vs. override it.
- How to roll a positionThe Roll tab surfaces open positions that may need rolling, then finds replacement contracts that extend the position at a favorable net premium. Learn how to read the Positions to Roll list and pick a rolling candidate.
- How to review your wheel resultsThe Results tab is where your wheel performance lives - Premium YTD, Realized P&L, Win Rate, Profit Factor, and the Daily P&L chart. Learn which metrics reveal a healthy wheel and which need attention.
- How to sell covered calls on your stock positionsThe Covered Calls tab finds uncovered stock positions and surfaces call options to sell against them. Learn how to read Break Even, % to BE, and ROI @ BE to pick strikes that make sense for your cost basis.
- How to run your first screenAn end-to-end walkthrough of Find Deals - from picking a strategy through applying filters to reading results. Use this after you've explored the Sandbox and want to run your first real screen.
- How to filter by options metricsReference for the 12 options filters in Find Deals - Delta, Strike, Days, Yield %, Diff %, Yearly %, Rating, IV, Open Interest, Bid, Ask, and the Includes Earnings toggle. What each one does and how to use it.
- How to filter by technical indicatorsReference for the 11 technical filters in Find Deals - RV/IV Ratio, Sentiment, RSI, Expected Move, Momentum, SMA diffs and trends, and Skew. Use these to add price-action context to options screens.
- How to filter by company fundamentalsReference for the 7 fundamental filters in Find Deals - Market Cap, Z-Score, F-Score, P/E, ROIC, PEG, and EPS Growth. Use these to screen for financially healthy companies you'd want to own if assigned.
- How to save and reuse filter combinationsSave filter combinations you trust, load them in one click, and share them with the community. The Your Searches and Popular sections of Find Deals make reusable filter sets your starting point for every screen.
Journal
Cost basis, open positions, profit views, transactions, and per-ticker results.
- How to read your Options JournalThe Options Journal has 5 tabs - Profit View, Calendar, Transactions, Per-Ticker, and Trades - plus the Open Chains section on Open Positions. Learn which tab answers which question so you spend less time hunting for information.
- How to view your open positionsOpen Positions shows every stock and option contract in your connected accounts, with Unrealized Break-Even (UBE), Break Even, P&L, and Real P&L per row. Learn the column meanings and how to filter the view by account.
- Understanding Real Cost and adjusted cost basisReal Cost is your effective cost basis after every premium you've collected on a ticker. It's what tells you whether your wheel is actually working. Learn how it's calculated, why it matters more than entry price, and how to use it for decisions.
- How to read the Profit View chartsProfit View has 6 charts - Cumulative P&L, Net P&L, Account Balance, ROI, Cash Balance, Drawdown. Learn what each one tells you and which time range to use for which decision.
- How to use the Calendar P&L viewCalendar view shows your daily P&L as a monthly grid, with weekly totals. Toggles separate roll P&L from new premiums so you can see pure income vs. position management. Useful for spotting monthly patterns.
- How to review your transactions The Transactions tab is your itemized audit trail - every closed position with ticker, strike, expiration, type, contracts, close date, dollar amount, and ROI. Use it for reconciliation, tax prep, or drilling into a specific week's activity.
- How to view per-ticker performanceThe Per-Ticker tab groups your full trading history by underlying stock, showing options P&L, stock P&L, total return, ROI, current price, share count, and Real Cost - the adjusted cost basis after premium income.
- How to track open chains and multi-leg positionsOpen Chains groups positions that have multi-leg structures or active rolling history. Each chain shows full running P&L — realized plus unrealized plus locked-in. Use it to see the state of in-progress wheel cycles at a glance.
- How to review the raw trade feedThe Trades tab shows every individual buy, sell, and expiration from your connected brokers with full filtering and a manual +Add Trade option. Use it for reconciliation, missing-trade debugging, and capturing trades from unsupported brokers.
GEX
Read the levels, the heatmap, Vanna and Charm, replay sessions, and build workspaces.
- Understanding GEX and what it tells youGamma Exposure (GEX) measures how option dealer hedging affects price action. Learn what gamma exposure is, why it matters for short-term price behavior, and how QuantWheel's GEX suite visualizes it.
- Understanding call walls, put walls, and gamma flipCall walls, put walls, and the gamma flip are the three price levels GEX surfaces. Learn what each one represents about dealer hedging, how to read them together, and when to trust them vs. ignore them.
- How to use GEX AI for a tickerGEX AI combines the full GEX snapshot for a ticker with AI-generated commentary. Enter a ticker, pick expirations, and get Price, Gamma, Total GEX, Call Wall, Put Wall, the GEX-by-strike chart, and an AI narrative on what the positioning suggests.
- How to read the GEX HeatmapThe GEX Heatmap shows gamma exposure across strikes and expirations as a 2D color-intensity map. Use it to spot dealer-positioning clusters across the term structure, with key levels overlaid on a candlestick chart below.
- How to replay historical GEXGEX Replay scrubs through historical intraday sessions minute-by-minute, showing GEX metrics alongside price action. Use it to learn pattern recognition, study past flips and wall breaks, and back-test GEX-based setups against real sessions.
- How to track gamma flip events and set alertsA gamma flip is when a ticker's price crosses the Gamma Flip level, changing the dealer-hedging regime. The Gamma Flip tab logs historical flip events and lets you set alerts for new ones. Combines Events and Alerts into one view.
- How to read Vanna and Charm exposuresVanna and Charm are second-order Greeks visible in GEX AI. Vanna shows dealer hedging from implied-volatility changes; Charm shows dealer hedging from time decay. Useful during IV crushes, around expiration, and in volatility-spike events.
- How to build a custom GEX WorkspaceThe GEX Workspace lets you pin widgets from any GEX tool into a single customized dashboard. Up to 20 widgets, with auto-refresh intervals from 30 seconds to 5 minutes. Ideal for active traders monitoring multiple tickers and views simultaneously.
QW Intelligence
Ask about opportunities and your portfolio, and know the limits.
- How to use QW IntelligenceQW Intelligence is QuantWheel's AI chat assistant. Ask questions about options opportunities, your portfolio, or the wheel strategy in natural language - it pulls from market data and, on PRO, your account to answer. Sandbox users can preview chat; signed-in access requires PRO.
- How to ask QW Intelligence about options opportunitiesGet candidate cash-secured puts, covered calls, and screener-style research from QW Intelligence using natural language. Learn prompt patterns for different strategies, how to add filters conversationally, and how to refine with follow-ups.
- How to ask QW Intelligence about your portfolioPRO-only. Ask QW Intelligence about your own positions, trading history, and performance. Get summaries, analyses, risk assessments, and comparisons using natural language queries against your journal data.
- What QW Intelligence can and can't doQW Intelligence is a research and analysis tool, not an execution tool. It won't execute trades, promise returns, replace your judgment, or access data outside your account. Understanding what it can and can't do prevents misuse.
Copy trading
Follow featured traders, manage subscriptions, start a virtual hedge fund.
- How copy trading works on QuantWheelCopy Trading on QuantWheel is educational - you can follow featured traders to see their signals, or operate as a Virtual Hedge Fund yourself. Nothing executes automatically. This page explains the model and the strict "educational use only" boundaries.
- How to follow a featured traderBrowse the Featured Traders grid, read a trader's profile and performance stats, subscribe to their signal feed, and learn how to evaluate their signals responsibly in your own account.
- How to manage your copy trading subscriptionsCopy Trading subscription management is currently handled from each trader's subscription dialog while the dedicated Subscriptions page is being built.
- How to start your Virtual Hedge FundA Virtual Hedge Fund makes your trading activity publicly visible to other QuantWheel users. Set up profile, tracked accounts, subscription pricing, and trader visibility options. Requires a connected broker and adherence to educational-use framing.
Alerts
Smart alerts, Discord delivery, and managing what is active.
- How alerts work on QuantWheelQuantWheel has two types of alerts - Smart Alerts (natural-language rules you define) and Gamma Flip Alerts (GEX-driven, for directional traders). Learn which type fits your use case and how alerts get delivered by email or Discord.
- How to create a Smart AlertSmart Alerts use natural language to describe the condition you want watched - "alert me when TSLA IV crosses 40" or "notify me when my SPY CSP delta reaches -0.40." Learn the input format, supported terms, preview function, and delivery options.
- How to set up Discord alertsDiscord delivery requires a 2-step setup - authorize the integration, then add the QuantWheel bot to your Discord server and give it channel permissions. Takes about 5 minutes; one-time setup.
- How to manage your active alertsThe Alerts page lists every Smart Alert you've created, with edit, delivery, and delete controls. Learn how to keep your alert library under control.
Settings
Trading preferences, watchlists, CSV imports, subscription, and profile.
- How to configure your trading preferencesTrading preferences set the default risk and yield targets that seed the Find Deals screener. Configure Target Yearly Yield, Risk Profile, Max Collateral Per Trade, and Primary Strategy so every new screen starts with sensible values for you.
- How to create and manage your watchlistsWatchlists group tickers you want to screen, track, or alert on. Create as many as you need, add tickers by search, and use them as the scope filter in Find Deals and Smart Alerts. PRO supports up to 10,000 tickers per watchlist.
- How to import trades via CSVCSV import loads historical trades from a broker statement or spreadsheet into your QuantWheel journal. Use it for unsupported brokers, pre-QuantWheel history, or bulk-reconciliation scenarios. PRO-only.
- How to manage your QuantWheel subscriptionThe Billing page is where you switch between QuantWheel GEX and PRO, change between monthly and yearly billing, update your payment method, or cancel. Changes take effect immediately.
- How to update your account profileYour account profile holds your email, password, display name, and connected integrations. Quick guide to updating each, including the Discord integration on the same page.
Free tools
The free calculators, the heatmap, the scanner, and the explorer.
- Free GEX CalculatorCalculate gamma exposure for any ticker without signing up. Enter a ticker and expiration, get net GEX, Call Wall, Put Wall, and Gamma Flip level. Works on any US-listed ticker with liquid options.
- Free GEX HeatmapVisualize gamma exposure across strikes and expirations as a 2D heatmap. Free, no signup. Spot where dealer positioning concentrates on any US-listed ticker with liquid options.
- Free Max Pain CalculatorFind the max pain strike for any ticker and expiration - the price at which the most open options contracts expire worthless. Free, no signup. Useful for reading expiration-week price magnetism.
- Free Earnings ScannerScan upcoming earnings reports to find stocks where the options market may have mispriced the expected move. Free, no signup. Compare implied moves to historical post-earnings moves for actionable patterns.
- Free Optimal Roll finderEvaluate roll opportunities for any short option position. Enter the existing position and the tool finds candidate rolls ranked by net credit, remaining duration, and risk-adjusted metrics. Free, no signup.
- Free Options CalculatorCalculate P&L, Greeks, and probability of profit for any options position. Enter the contract details and current market data; the calculator returns theoretical price, delta, gamma, theta, vega, and a P&L chart. Free, no signup.
- Free Strategy ExplorerVisualize multi-leg options strategies - iron condors, strangles, vertical spreads, butterflies, and more. Build any structure, see the P&L chart, Greeks, and breakevens. Free, no signup.
Troubleshooting
Delayed data, sync and authentication problems, missing transactions.
- Why is my data delayed?Data delays in QuantWheel usually come from one of three sources - broker-specific sync windows, the Sandbox's built-in delays, or a sync that hasn't refreshed. Here's how to tell which applies to you and what
- Broker sync failed or stopped workingWhen broker sync stops working, the cause is usually an expired OAuth token, an invalid Flex Query token (IBKR), a broker-side outage, or an exhausted sync count. Walk through the diagnostic steps to find yours.
- Missing transactions or incorrect P&LMissing transactions or wrong P&L numbers usually trace to one of four causes - sync hasn't completed, a stock split wasn't handled, a roll was categorized as two separate trades, or an assignment was missed by broker data.
- Assignment not detected in my journalWhen a CSP or short call gets assigned at expiration but QuantWheel doesn't show the resulting stock position, the cause is usually a broker-side reporting gap. Here's how to detect it and force a reconciliation.
- Discord alerts not arrivingWhen Discord alerts stop arriving, the cause is usually a 2-step setup gap (QuantWheel authorized but bot not added to the server), a permissions issue in Discord, or a server-side Discord problem. Here's how to check each.
- Sync count exhaustedEach plan has a daily sync allowance. Hitting the limit shows a "N syncs remaining today" indicator and pauses new syncs until the counter resets. Here's how to check your allowance and raise it.
- Broker authentication errorsAuthentication errors during broker connection usually mean an expired token, a 2FA failure, a password change, or a security event on the broker's side. Here's how to identify which and re-authenticate cleanly.