Sell a put. Get assigned. Write a call. Get called away. Your brokerage history records four unrelated rows. Wheelhouse reads them as one trade — and tells you how much of the return was premium, and how much was just the market going up.
Connect your own Alpaca account. Your keys, your data, your entitlement.
Two thirds of this cycle was the stock going up, not the options you sold. Only the green half repeats.
Not a chart library and not a signal service. Wheelhouse answers the handful of questions a premium seller has each week, and nothing else.
A short call most of the way to max profit. An expiry three days out. A delta that says assignment has stopped being hypothetical. Cash sitting uncommitted. Each one arrives with the numbers that fired it.
Built for your phoneEvery contract you could actually place across your watchlist, ranked by annualised return. A covered call needs an uncovered lot; a put needs the collateral in cash. Nothing you can't do is on the list.
DeskA chain scored against your cost basis, not a generic percentage. Your basis and your written strike drawn onto the price, so the room you have left is something you see rather than calculate.
DeskCash committed as collateral versus cash that's free. Lots that could back a call and aren't. The odd shares that never will. Sorted by what you can act on, not alphabetically.
AnywhereA rising market makes everyone feel like a skilled premium seller. Your broker reports one number, and in a good year that number flatters you. Wheelhouse splits every cycle into the premium you were paid and what the shares did underneath — because only one of those is a decision you made, and only one of them repeats when the market stops cooperating.
Sometimes the answer is that you're good at this. Sometimes it's that you owned the right stock. Either way you should know which.
You sold premium well on both. One stock cooperated and one didn't — that difference isn't skill.
You connect your own Alpaca account. Quotes come through your subscription, under your entitlement, for you — not resold from ours.
Early access is going out in small batches to people already running the wheel on an Alpaca account.
No spam, and no email beyond the invite.