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Days to Expiry

Wheel Strategy Software That Builds Your Trade Plan Automatically

Connect your Interactive Brokers account and get a prioritised list of exactly which cash-secured puts and covered calls to sell — strikes, expiries, and position sizes — generated from your synced portfolio, refreshed daily or on demand.

Running the wheel across 10+ positions means hours every Sunday: pulling up each ticker, checking deltas, comparing strikes, deciding what to roll, what to open, what to leave. Most wheel traders end up with a messy spreadsheet, missed rolls, and inconsistent strike selection. Days to Expiry connects directly to your IBKR portfolio and does the analysis for you. It surfaces positions that need action — new CSPs to open, covered calls to initiate after assignment, contracts nearing expiry that should be rolled — with a concrete suggestion for each.

Live broker sync, true cost basis after rolls. No card.

Portfolio view showing wheel strategy positions, coverage status, and upcoming expirations

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Problem

Stop Spending Sundays Planning Your Wheel Manually

Ticker-by-Ticker Screening — Pulling up each underlying in TWS to check deltas and compare strikes every week

Missed Roll Windows — No automated alert when a contract hits your 21-DTE or 50% max-profit exit rule

Inconsistent Strike Selection — Strike choices drift week to week without a systematic process

Assignment Delays — Getting assigned and not noticing fast enough to open the covered call leg

Solution

What the Software Does for You

Automatic IBKR Integration

Open positions, assignments, and expired contracts reflected in your dashboard after each daily sync.

Automated Trade Recommendations

Prioritised action list: new CSPs, covered call initiations, and roll candidates.

Configurable Scan Preferences

Set your goal, risk posture, DTE preference for calls and puts, and liquidity filters; recommendations follow your settings.

Roll & Assignment Alerts

Monitors open contracts against your take-profit rules and flags positions needing action before it's urgent.

Action list showing prioritized roll candidates, new CSP opportunities, and covered call initiations

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How it works

Get started in 4 simple steps

1

Connect Your IBKR Portfolio

Link your Interactive Brokers account via Flex Query. Open positions, assignments, and expired contracts sync automatically every day — no CSV exports, no manual data entry.

2

Review Your Execution Plan

Days to Expiry generates a prioritised action list from your synced portfolio (refreshed daily, or whenever you run a scan): which underlyings to open new CSPs on, which assigned stocks are ready for covered calls, and which contracts are approaching your roll threshold — each with strike, expiry, and expected premium.

3

Configure Your Risk Parameters Once

Set your goal, risk posture, DTE preference for covered calls and cash-secured puts, and liquidity filters. The scanner uses these settings to build every recommendation.

4

Act on Alerts, Not Surprises

Days to Expiry monitors open contracts against your take-profit rules and surfaces roll candidates automatically. Covered-call opportunities after assignment appear after the next sync so you re-enter the wheel without delay.

Key Metrics

Plan Refresh

Daily or on demand

Setup

Flex token + Query ID

Manual Entry Required

Zero

Built For

Wheel traders

Frequently Asked Questions

Everything you need to know about getting started

What wheel strategy software works with Interactive Brokers?

Days to Expiry is built specifically for IBKR. It connects via the IBKR Flex Query system to read your portfolio and generate an execution plan — no CSV exports or manual data entry needed.

Can I use this to run the wheel on individual stocks and ETFs?

Yes. Days to Expiry works with any optionable underlying in your IBKR account — individual stocks, ETFs, or a mix.

How is this different from just using a spreadsheet to track wheel trades?

A spreadsheet tracks history; Days to Expiry generates forward-looking trade recommendations. Instead of calculating next week's strikes yourself, the software reads your synced positions and suggests what to do — with roll alerts, assignment tracking, and take-profit rules automatically applied. It replaces the weekly analysis work, not just the record-keeping.

Ready to Get Started?

Join traders who are already using our tools to make better decisions.

Live broker sync, true cost basis after rolls. No card.