FREE Options Roll Calculator
Position underwater? Calculate optimal roll strategies instantly.
Find strikes and expirations to collect net credit.
Broker Integration
Turn Underwater Positions Into Opportunities
When your option goes in-the-money, you face a choice: accept assignment, close at a loss, or roll for credit. Rolling lets you extend your position while collecting premium and lowering your cost basis. Our optimal roll calculator analyzes every possible strike and expiration combination to find the best opportunities.
Avoid Assignment
Roll before expiration to keep your capital working and avoid forced exercise.
Collect Premium
Find rolls that generate net credit, adding income even on losing positions.
Lower Cost Basis
Each credit collected reduces your effective entry price on the underlying.
How the Optimal Roll Calculator Works
Find the best roll strategy in seconds, not hours
Enter your underwater position
Input the ticker, expiration, and strike of your current ITM put or call that needs rolling.
Configure calculation preferences
Choose between bid/ask or mid price for calculations. Enable OTM-only filter to escape positions completely.
Review all roll combinations
See every possible roll ranked by net credit, APY, risk level, and overall score. Compare dozens of options instantly.
Analyze trade-offs
Balance credit received against time extension. Find the sweet spot between premium collection and duration.
Execute with one click
Connected to a broker? Send the multi-leg roll order directly. Supports 4 major brokers.
What our clients are sharing.
Discover the glowing feedback from our delighted customers worldwide.
Igor 🇭🇷
Business Owner
What you are building is great for the options market!
Nishan 🇺🇸
Software Engineering Manager, Microsoft
QuantWheel helped me find and sell my first Put! It was a profit as well.
Borna 🇭🇷
Software Engineer
After finding this page I started to realize how powerful this is and just sold my first Put!
Rene. 🇭🇷
Software Engineer
This is exactly what I needed! App already works very well and is useful to me.
Igor 🇭🇷
Business Owner
What you are building is great for the options market!
Nishan 🇺🇸
Software Engineering Manager, Microsoft
QuantWheel helped me find and sell my first Put! It was a profit as well.
Borna 🇭🇷
Software Engineer
After finding this page I started to realize how powerful this is and just sold my first Put!
Rene. 🇭🇷
Software Engineer
This is exactly what I needed! App already works very well and is useful to me.
My husband and I had been interested in the wheel options strategy for a long time, but the complexity of knowing what to buy and when—and the time it would take to figure everything out—kept us from getting started. QuantWheel has finally changed that. With its intuitive platform, clear guidance, and timely notifications, we now feel confident and informed. This is exactly the push we needed to finally begin our journey into options trading.
Anton 🇭🇷
Software Engineer
QuantWheel enabled me to jump-start my option selling experience. Providing an overview of a general score for each trade combined with the most relevant stock metrics and AI risk analysis tremendously simplified the process of discovering the best trades at any given time. The team behind QuantWheel is experienced, offering quick and reliable support.
My husband and I had been interested in the wheel options strategy for a long time, but the complexity of knowing what to buy and when—and the time it would take to figure everything out—kept us from getting started. QuantWheel has finally changed that. With its intuitive platform, clear guidance, and timely notifications, we now feel confident and informed. This is exactly the push we needed to finally begin our journey into options trading.
Anton 🇭🇷
Software Engineer
QuantWheel enabled me to jump-start my option selling experience. Providing an overview of a general score for each trade combined with the most relevant stock metrics and AI risk analysis tremendously simplified the process of discovering the best trades at any given time. The team behind QuantWheel is experienced, offering quick and reliable support.
Find your optimal roll now.
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