WheelRadar — Wheel Strategy Stock Screener

WheelRadar screens 5,900+ optionable stocks daily for wheel-strategy fit. Each candidate is scored across 5 pillars — Value (IV opportunity), Sentiment (directional flow), Activity (volume vs. open interest), Liquidity (bid-ask spread), and Timing (entry window) — and the strategy index assigns a Wheel Fit score from 0 to 10 alongside a seller-side / buyer-side recommendation. The list filters to stocks where the model prefers seller-side (premium-collection) plays and is sorted by seller score so the best wheel candidates surface first. Updated daily pre-market.

Data updated daily pre-market · Scores reflect end-of-day options market data

For Wheel Strategy Traders

Stop Asking
“What Stocks Should I Wheel?”

A daily list of wheel candidates from a 5,900-stock screener. Each ticker is graded on five pillars (Value, Sentiment, Activity, Liquidity, Timing), filtered to the seller-side setups that actually pay premium, and tagged with a 0–10 Wheel Fit score.

Free preview. No credit card. Sign up for the full daily list of 10.

Every Wheel Trader Has Been There

Real pain points from r/thetagang and r/optionswheel

1,367
r/
r/thetagang• Posted by u/kevdx

When your puts get assigned and stock dips even lower

Got assigned on my CSP and now the stock dropped another 15%. I'm bag holding shares way above market price. Should have known where the support levels were before selling.

CommentsShareView on Reddit
1,609
r/
r/thetagang• Posted by u/LoserMoron312

After reading the 'assignment' thread, I feel like this is a lot of us

So many people getting caught off guard by early assignment or holding bags after the stock tanked. We need better tools to see where support actually is before selling puts.

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72
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r/Optionswheel• Posted by u/senhsucht

Anyone else getting scared to wheel in this market?

Small account, overthinking everything lately. Every time I find a stock to wheel, I second-guess myself. Is the IV high enough? Is there earnings coming? What if it gaps down?

CommentsShareView on Reddit
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r/Optionswheel• Posted by u/ScottishTrader

How to Find Stocks to Trade with the Wheel

What stocks should I wheel? I keep asking this every week. Looking for something with good premium, stable price action, and no earnings coming up. Is there a screener for this?

CommentsShareView on Reddit

“I'm dumb and feel so hopeless. Never SELL NAKED CALLS. My 100k loss turned into over 600K in minutes”

▲ 2,267r/thetagang• u/Substantial-Voice-48View →

The wheel strategy works... when you have the right data

Today's Wheel Candidates

Live-scored from the 5,900-stock universe. Top picks free, full list with Pro Bundle.

Today's Top Wheel Candidates

Computed daily from the 5,900-stock scoring run.

Live data
Loading today's wheel candidates…

Filtered to seller-side

The list only includes tickers where the model recommends the seller side over the buyer side — same sideFilter='seller'default that the WheelRadar cohort uses on /discover. Buying-leaning names are dropped before the rank.

Wheel Fit · 0 to 10

The Wheel Fit grade is the strategy-index match score for the Wheel on each ticker. A+ = 8.5+, A = 7.5+, B+ = 7.0+, B = 6.5+, B- below. It's derived from the same 5-pillar features that power the screener, weighted for premium-selling setups.

Risk tier · low / med / high

Each row carries a risk tier from the scoring pipeline (volatility regime + liquidity depth + event proximity). Wheel traders typically stick to the low-risk rows for cash-secured puts and reserve medium-risk for tickers they'd genuinely own at the strike.

Click any ticker to see the wheel setup

Each row links to the per-ticker scoring page. There you'll find the full 5-pillar breakdown (radar chart, pillar narratives, IV context), the recommended strategies for that name, days to the next earnings catalyst, and the strike-level liquidity profile — all the inputs behind the Wheel Fit grade.

The Approach

Score Every Stock,
Surface the Wheel-Friendly Ones

The same Options Opportunity Score that powers /discover, with a Wheel Strategy filter, a seller-side gate, and a 0–10 fit grade per ticker.

5-Pillar Score

Value, Sentiment, Activity, Liquidity, and Timing — 5,900+ stocks scored daily.

Wheel Fit Grade

Strategy-index match score (0–10) for the Wheel on each ticker, surfaced as A+/A/B+/B/B-.

Seller-Side Filter

Only shows tickers where the model recommends premium-selling over premium-buying.

Risk Tier

Each row tagged low / medium / high so you stay inside your CSP comfort zone.

5-Pillar Scoring System

How We Identify the Best Wheel Candidates

Every wheel setup is scored across 5 critical dimensions to find undervalued, liquid options with perfect entry timing

💰

Value

Is it cheap?

  • • IV rank analysis
  • • Premium pricing
  • • Expected returns
📊

Sentiment

Bullish or bearish?

  • • High score = bullish flow
  • • Low score = bearish flow
  • • Mid score = neutral/unclear

Activity

How active?

  • • Option volume
  • • Unusual activity
  • • Smart money
💧

Liquidity

Can I trade?

  • • Bid-ask spreads
  • • Market depth
  • • Fill quality

Timing

When to enter?

  • • Catalyst proximity (days to earnings)
  • • Theta decay rate
  • • Term structure

How the Pillars Map to a Wheel Trade

Premium opportunity

Value scores the IV opportunity (richer premium = higher score). Liquidity ensures you can actually fill the trade tightly.

ValueLiquidity

Entry timing

Timing flags how close the next earnings catalyst is and how aggressive theta decay is right now — the entry-window signal.

Timing

Direction sanity check

Sentiment + Activity catch tickers where flow is bearish enough that a CSP would likely be assigned into a downtrend.

SentimentActivity

Everything You Need to Wheel with Confidence

Daily Wheel Watchlist

Today's top wheel candidates from the 5,900-stock screener — refreshed pre-market. Free preview shows the top 3; sign up for 10; Pro Bundle for the full list.

Pillar:Value + Liquidity

Wheel Fit Grade

A+ to B- letter grade per ticker, mapped from the 0–10 strategy-index match score. One glance tells you how strong the wheel setup is.

Pillar:All 5 pillars

Seller-Side Filter

Drops tickers where the model prefers buyer-side options. Same sideFilter='seller' default the WheelRadar cohort uses on /discover.

Pillar:Sentiment + Value

Risk Tier per Row

Each row is tagged low / medium / high based on volatility regime, liquidity depth, and event proximity — so you can stay inside your CSP comfort zone.

Pillar:Timing

Reading the Risk Tier

Every row carries a low / medium / high tag from the scoring pipeline. Here's what each tier typically means for a wheel trade.

LOW

Low Risk

  • Tight bid-ask, deep open interest
  • No earnings within ~3 weeks
  • Volatility regime is contained
  • Default zone for cash-secured puts
MED

Medium Risk

  • Liquidity acceptable but thinner
  • Earnings 2–4 weeks out
  • Higher implied move expected
  • Reserve for tickers you'd own at the strike
HIGH

High Risk

  • Wide spread or shallow OI
  • Earnings within ~2 weeks
  • Volatility regime stressed
  • Skip for wheel; better suited to defined-risk

Risk tier reflects the model's view of trade-fill quality and event proximity, not a forward probability of assignment. Always size to a position you'd be comfortable owning.

Built for Real Wheel Traders

5,900+

Stocks scored daily

5

Pillar scores per ticker

Daily

Pre-market refresh

The wheel works when the underlying isn't already broken — not when premium looks juicy. The 5-pillar score answers the “is this stock actually wheel-friendly today?” question first, then ranks the candidates by seller-side fit so you start the day with a list, not a hunch.

— The framing behind every WheelRadar list

Start Wheeling with Data on Your Side

Free preview · sign up free for 10 candidates · Pro Bundle for the full 25 + the 5,900-stock screener

Free sign-up. No credit card required.

Daily Deliverables

  • Up to 25 wheel candidates ranked by seller score
  • Per-row 5-pillar breakdown (Value, Sentiment, Activity, Liquidity, Timing)
  • Wheel Fit grade (A+ to B-) and risk tier per ticker
  • One-click drill-down to the full per-ticker scoring page

With a Pro Bundle

  • Full /discover screener — 5,900 stocks, all filters
  • Daily refresh of every score and Wheel Fit grade
  • Score-change alerts on tickers in your watchlist
  • Saved screens and per-ticker drill-down with strategy detail

See the Score in Action

Explore real options opportunities scored by our 5-pillar system — filtered for wheel strategies.

Try a few scored tickers (recurring wheel-friendly names):

Today's actual top candidates appear in the live table at the top of this page.

Wheel Strategy Screener | Daily 5-Pillar Wheel Candidates | Ainvest Options Pilot