Wheel strategy software for screening, rolls, and journaling
The Wheel is a position lifecycle, not a single trade
QuantWheel is built for self-directed options sellers who want to research the next trade and keep the current position organized. It connects the work from the first cash-secured put through rolls, assignment, shares, covered calls, and the journal. It supports decisions, but it does not make them for you.
Research the setup
Filter Wheel candidates and inspect the contract and company information before you act.
Manage the position
See what is open, what changed, and which expirations or strikes deserve review.
Keep the history
Connect premiums, rolls, assignments, shares, and covered calls to one position record.
The biggest risk isn't assignment.
It's running the Wheel without a system.
Most traders today are:
Guessing strikes inside their broker
No screener, no data - just scrolling option chains and hoping for the best.
Tracking rolls in messy spreadsheets
Manual logging that breaks the moment you roll, get assigned, or adjust.
Forgetting the real cost basis after adjustments
Rolls, assignments, and splits make it impossible to know your true P&L.
Checking 3–4 tools just to make one decision
Broker, screener, spreadsheet, Discord - context-switching kills your edge.
That friction adds up. You lose hours every week, and you miss good trades.
QuantWheel replaces the chaos with one clean workflow for the entire Wheel strategy in under 20 minutes.
The Wheel Strategy, step by step
Select a step to see how the position moves through the complete cycle.
Define Outcomes
Set your criteria and target filters for your portfolio
Sample data, illustrative only
How QuantWheel supports the Wheel strategy
A focused workflow from candidate research to position history.
Screen Wheel candidates
Compare cash-secured puts with filters for expiration, strike, premium, liquidity, and company quality before opening a position.
Track the open position
Keep the option, underlying shares, expiration, premium, and position history together instead of rebuilding the picture across separate tools.
Review roll choices
Compare available strikes and expirations when a position needs attention. Review the trade-offs before choosing what to do in your broker.
Journal the full Wheel cycle
Keep puts, rolls, assignments, shares, covered calls, and premium-adjusted cost basis connected to the same position history.
Learn the strategy before choosing the software
Use the educational guide for the mechanics, or calculate a sample Wheel cycle before opening the product.
FAQ
Wheel strategy software FAQ
The essentials on workflow, broker connections, position history, and risk.
QuantWheel
Put the full Wheel workflow in one place
Review candidates, open positions, rolls, assignments, covered calls, and position history without piecing the process together across separate tools.
Review current access and pricing before you start.