Built by a retail trader for retail traders. No Bloomberg terminal required.
My name is Brad, and I've been running the wheel strategy for about three years. For most of that time, I managed everything in a cobbled-together spreadsheet — IV data from one tab, a manually updated earnings calendar in another, a third tab where I tracked my trades with formulas that broke whenever I accidentally deleted a cell.
Then in January 2024, I sold a cash-secured put on a mid-cap tech stock that I was genuinely excited about. Great premium, solid chart setup, everything looked right. What I missed: earnings were two weeks away and my put expired the week after. The stock dropped 18% on the report. One overlooked date cost me more than three months of collected premium.
That was the moment I decided to build something better — a single tool that combined everything I actually needed to run the wheel properly. Not a Bloomberg terminal. Not a $200/month options platform that was built for professional traders. Just the essentials, cleanly designed, at a price that makes sense for a retail account.
Make the wheel strategy accessible to every retail trader — not just those with expensive software subscriptions or hours to spend on research before every trade.
The wheel is one of the most elegant income strategies in options trading. You collect premium, you manage risk through strike selection, and you benefit whether the stock goes up, sideways, or down a little. But most of the tools built to support this strategy were designed for institutions or active day traders — not for someone running 5–10 positions a week from their laptop.
Wheel Option Workshop was built specifically for the retail wheelier. Everything is in one place, the interface is designed around how you actually trade, and the education actually explains the why — not just the mechanics.
Questions, feedback, feature requests, or something not working? Reach out directly. There's a real person on the other end.
support@wheeloptionworkshop.com