Find cash-secured puts, track assignments, and sell covered calls—all from one integrated platform
Running the wheel strategy manually means juggling multiple tools—one for finding CSPs, another for tracking assignments, spreadsheets for covered call opportunities, and yet more for performance tracking. Days to Expiry is wheel strategy software designed specifically for the complete cycle. Screen for CSPs, get notified of assignments automatically, receive covered call recommendations, and track performance across the entire lifecycle.
🔍 CSP Screener — Filter by delta, DTE, premium capture, and underlying quality
📢 Auto Assignment Tracking — Real-time position sync with IBKR integration
📈 Covered Call Optimizer — Cost-basis-aware suggestions post-assignment
📊 Performance Dashboard — Track complete wheel cycles and true returns
📉 Backtesting — Test wheel variations against historical data
🔄 Unified Workflow — One platform for the entire wheel cycle
Screen for cash-secured puts matching your capital and risk tolerance with optimal risk-adjusted returns
Get automatic assignment notifications with adjusted cost basis calculations including all premiums
Receive AI-suggested calls based on your cost basis, exit price targets, and DTE preferences
Monitor wheel performance per underlying across multiple cycles with true annualized returns
Positions Managed
8.5 avg
Positions vs Manual
340% more
Premium Tracked
$2.4M
Setup Time
3 min
Advanced CSP screening for wheel entries
Find covered calls post-assignment
Auto-sync and position tracking details
Backtest wheel strategies historically
Most wheel tools focus on just one phase—either finding CSPs or screening covered calls. Days to Expiry handles the complete cycle: we help you find CSPs, automatically detect assignments through IBKR integration, suggest covered calls based on your actual cost basis, and track performance across full wheel cycles. It's a unified workflow, not disconnected tools.
Yes, you can manually enter positions and track assignments. However, the automated assignment detection and real-time position syncing require an IBKR connection. Most active wheel traders find the integration saves 5-10 hours per week of manual tracking.
Our backtester simulates complete wheel cycles against historical data. You define your CSP criteria (delta, DTE, underlying filters), and the software models what would have happened—including assignments, covered call opportunities, and rollovers. This helps you optimize your strategy before deploying real capital.
While beginners can use our wheel strategy software, it's designed for traders who already understand the mechanics of selling cash-secured puts and covered calls. We don't provide options education—we provide the automation and analytics to execute the strategy at scale. If you're new to the wheel, we recommend paper trading first.
When you're assigned on a CSP, we automatically calculate your adjusted cost basis including all premiums collected. This "effective purchase price" is used for covered call suggestions and performance tracking. You'll always know your true breakeven and can make informed decisions about exit strategies.
Join traders who are already using our tools to make better decisions.
