Wheelhouse Premium: Option screeners and backtesting for premium sellers
Screen cash secured puts, covered calls, and bull put spreads. Set your risk profile, see probability of profit, then review how often similar contracts failed over the last one to two years.
Screen contracts fast. Then confirm them with real history.
Wheelhouse Premium includes an options screener built for premium selling. You choose the strategy and risk profile. The tool returns contracts ranked by yield, probability of profit, and backtest outcomes over the last one to two years.
- Strategies: cash secured puts, covered calls, and bull put spreads
- Presets for conservative, balanced, and aggressive, plus custom filters
- Contract level probability of profit and annualized yield
- Backtests showing how often similar setups failed in recent history
- Export results when you want to review outside the app
Step 1. Pick a strategy and set your risk profile
Start with the setup you want to trade. Use a preset to match your risk tolerance, or switch to custom filters to tune details like days to expiration, cushion, and target probability.
Step 2. Compare contracts and review backtest outcomes
The results list shows trade info at a glance, including premium, cushion, and probability of profit. Open any contract to see risk metrics and a backtest summary that shows how often similar setups were tested and how often they broke in the past.
Backtests are not predictions. They are a record of how similar contracts behaved in recent history.
What you get with Premium
Tools
- Option screeners for puts, calls, and spreads
- Contract level probability of profit
- One to two year backtests with breach counts
- Annualized yield calculations
- Export results to Excel
Lessons
- Options mechanics and premium selling foundations
- Cash secured puts in depth
- Covered calls in depth
- The complete Wheel cycle
- Assignment and cost basis
- Strike selection and upside tradeoffs
- Expiration selection and management
- Real case studies
Practice
- Worksheets
- Visual breakdowns
- Guided examples
- Step by step practice cycles
Pricing
One plan. Simple pricing. No tiers.
Monthly
Pay as you go
$9.99/month
Annual
Save with yearly billing
$99/year
Save $20 per year
Already have an account?
Educational content only. No investment advice. No recommendations.