I built a tool that analyzes every option contract on the market - The Wheel Screener

Hi everyone!

As an options trader myself, I’ve recently become interested in using “the wheel” trading strategy, where you continually write options (starting with a put, typically) to earn premiums on companies you perhaps would like to own stock in any way, even if the trade goes against you. (It’s worked well for me, though NONE of this post or ANYTHING on wheelscreener.com should be considered investment advice!)

My problem was that I was always stuck using complex or janky UIs to hunt down high credit vs. low collateral options (yes, even with you, Robinhood). I couldn’t find a tool where I could search and filter all options across the entire market.

So I built The Wheel Screener to analyze all the contracts out in the market, prioritizing those which have high premiums and are perhaps not perfectly priced by market makers. It's both mobile and desktop friendly, and should make finding interesting option contracts a breeze!

I would love to hear your comments and critiques, even the most critical! >:)

Also any weird behavior or bugs you find, of course.

Here's where I'm really looking to hear from the community: what about the premium plan and pricing? Would you personally pay $5 a month for the full dataset and the premium features? I’m excited to make many many more features for the premium members! (And maybe a few tidbits here and there for the free and public versions along the way as well :) )

I'm really much more of a software engineer at heart than a trader, so the full tech stack for those interested: Gatsby / React / TypeScript frontend, .NET 5.0 with PostgreSQL backend, Netlify + Fauna DB for user management / auth / devops, and of course Stripe for payments. :)

I'm around all day to answer any questions and comments!

Cheers!