A simple, disciplined approach to covered calls and cash‑secured puts, backed by real data and your own holdings.
General information only. Not financial advice.
No jargon. Just straightforward explanations of how covered calls and cash‑secured puts work.
Income on shares you own
Income with cash set aside
Options strategies backed by real assets and defined risk. Here's the difference:
Calls backed by shares, puts backed by cash
Strike, days to expiry (DTE), assignment probability
Not leverage or speculation
Strategy prefers "sideways" or gently rising assets—not moonshots. You harvest income predictably by choosing strikes, expiry dates, and risk guardrails that match your goals.
Each metric tells you something important about your opportunity.
Normalizes premium vs capital and time, so you can compare 7‑day vs 30‑day trades
Why it matters: Understand true returns at an annual scale
Probability the option finishes in‑the‑money based on OTM%, volatility, and patterns
Why it matters: Know your risk of assignment before entering
How far your strike sits from the current price
Why it matters: Balance premium with safety margin
Picking shorter vs longer windows to match your workflow and risk
Why it matters: Choose timeframes that fit your strategy
Simple proxy for probability of finishing in‑the‑money
Why it matters: Quick sense of likelihood without complexity
See how covered calls and cash‑secured puts work in practice.
You cap some upside in exchange for predictable income.
Either you keep the premium or you buy shares at your planned price.
For those looking to harvest income on both sides of the trade.
Collect premium while waiting to acquire shares
Buy shares at your strike price using reserved cash
Harvest additional income from shares you now hold
Then repeat—harvest income on both sides while staying within your risk guardrails.
The wheel keeps spinning as long as you follow your strike, DTE, and assignment plan.
Built for traders and investors ready to trade options seriously.
Seeking predictable yield over speculation and drama
Happy to hold the underlying and harvest premiums along the way
Who value discipline over gambling and want structured workflows
From setup to execution in minutes.
Assignment %, ROI target, DTE range
Tell the analyzer what you want to achieve and how much risk you're comfortable with.
Run backtests on each opportunity
See live pricing, metrics, and backtested results before you commit.
Act with confidence; track outcomes
Execute on your broker and use our analytics to track real ROI.
Get familiar with the analyzer, backtest results, and how options behave in real markets before committing capital.
All investing carries risk, but covered calls and cash‑secured puts reduce surprise by backing positions with shares or cash. Your upside is capped on covered calls; your entry price is defined on cash‑secured puts. Risk is predictable because you control the strike, DTE, and assignment probability.
