# The Wheel Screener

> A highly customizable options screener focused on "The Wheel" trading strategy, helping traders find the best cash-secured puts and covered calls opportunities across the entire stock market with data-driven analysis.

The Wheel Screener is a web-based financial tool that scans over 9,000+ securities and thousands of options contracts daily to identify optimal trading opportunities for the wheel strategy. The platform combines probability of profit calculations with reward-to-risk ratios to create a proprietary scoring system that ranks options market-wide, not just company-specific.

The wheel strategy involves cyclically selling cash-secured puts (CSPs) and covered calls (CCs) on stocks you wouldn't mind owning, generating premium income while managing risk through proper position sizing. The Wheel Screener automates the complex screening process by filtering contracts based on liquidity, volatility, open interest, and other technical criteria.

Key features include real-time options data, customizable filtering and sorting, backtesting capabilities, interactive educational guides, and comprehensive risk analysis tools. The platform serves both beginner and advanced options traders with varying subscription tiers offering different dataset sizes and feature access.

## Core Documentation

- [What is "The Wheel" Options Strategy?](https://wheelscreener.com/what-is-the-wheel): Complete explanation of the wheel strategy fundamentals
- [How It Works](https://wheelscreener.com/how-it-works): Technical details of the screening algorithm and scoring methodology
- [Interactive Guide](https://wheelscreener.com/interactive-guide): Step-by-step walkthrough using real market data
- [Getting Started Guide](https://wheelscreener.com/blog/getting-started-guide): Beginner's guide to using the platform
- [Features Overview](https://wheelscreener.com/features): Complete feature list and capabilities

## Technical Implementation

- [Dashboard](https://wheelscreener.com/dashboard): Main screening interface with live options data
- [Changelog](https://wheelscreener.com/change-log): Platform updates and feature releases

## Educational Content

- [Blog Posts](https://wheelscreener.com/blog): Trading insights, market analysis, and platform updates
- [S&P 500 Dataset Release](https://wheelscreener.com/blog/all-options-contracts-in-the-s-and-p-are-now-publicly-available): Free dataset announcement and scoring methodology
- [Pricing Strategy Evolution](https://wheelscreener.com/blog/why-well-soon-be-changing-our-pricing-plans): Business model and user growth insights
- [Market Analysis](https://wheelscreener.com/blog/nvidia-and-deepseek-a-market-correction-poorly-interpreted): Recent market commentary examples

## Optional

- [Risk Disclosure](https://wheelscreener.com/risk-disclosure): Important trading risk information
- [Terms of Service](https://wheelscreener.com/terms-and-conditions): Legal terms and conditions
- [Privacy Policy](https://fullstackcraft.com/privacy-policy): Data handling and privacy practices
- [Contact](https://wheelscreener.com/contact): Support and feedback channels