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Getting Started Guide

The long awaited guide on how to effectively use The Wheel Screener!

Written by Chris 4/19/2023

Photo by Pixabay

The Dashboard

The key tool of The Wheel Screener is the dashboard page. Anyone visiting the site can sort by metrics such as max profit, max loss, probability of profit, and more. We're happy to share that just recently we've opened up the entire dataset of options for companies in the entire S&P index complete free!

On the dashboard, you can browse all contracts related to companies in the S&P 500. It's up to you to determine your risk profile from the data. That is, the risk vs reward ratio, as well as other metrics such as probability of profit, and the days to expiration. A friendly reminder that the contracts organized in our dashboard are sorted by the Wheel Screener Score, which is a combination of the probability of profit and the reward-to-risk ratio. The higher the score, the "better" the contract. To get a refresher on what the Wheel Strategy is, check out our 'What is "The Wheel" Strategy?' page.

Premium Members

If you are a premium member, you have access to many more options:

  • search for contracts by ticker symbol, company name, or any keyword
  • range filter by nearly any metric: select a minimum and maximum for things like expiration date, strike price, max profit, and more
  • customize the dashboard to show only the columns you want to see, you can drag and drop to rearrange the columns
  • you can also visually highlight a specific metric you always use by double clicking on the metric and setting any styles you want

Oh, you get access to dark mode as well! 😉

Interested in becoming a premium member? Check out our pricing page to sign up.

Walkthrough for Premium Members

Let's say you like a 25-30 day time frame, and you're looking for around a 1 to 5 reward-to-risk ratio. First

Still Confused?

Check out our YouTube video with founder Chris going through both the free and premium dashboard feature set, step by step:

If you're still confused, feel free to email us at hi@fullstackcraft.com - we'll be happy to answer any questions you have.

Thank You

Thank you for your interest in The Wheel Screener. We hope you found this guide useful. Until next time!

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