For Wheel Strategy Traders

Stop Getting Assigned
And Bag Holding -15%

See where the price floor actually is before you sell puts. Know which strikes have institutional support and which will blow through. Never ask "what stocks to wheel?" again.

Join 500+ wheel traders on the waitlist

Every Wheel Trader Has Been There

Real pain points from r/thetagang and r/optionswheel

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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
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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?

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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

See The Data Before You Trade

Daily watchlist with support levels and catalyst warnings

Today's Top Wheel Setups

Updated daily at market open

Live Data
TickerPriceIV RankGamma SupportPut WallNext Catalyst
Options Score
SOFITop Pick
$27.0772%
$26.00
$25.00
Earnings Jan 27 (47 days)
A+
FTop Pick
$13.6345%
$13.00
$12.50
Earnings Feb 5 (56 days)
A
AMDTop Pick
$221.4358%
$215.00
$210.00
CES Jan 6 (26 days)
B+
PLTR
$187.5485%
$180.00
$175.00
Earnings Feb 18 (69 days)
B
NVDA
$180.9352%
$175.00
$170.00
CES Jan 6 (26 days)
B-

Join the waitlist to get the full daily watchlist with 20+ wheel setups, strike recommendations, and daily alerts

Letter grades (A+ to D) represent the Options Opportunity Score based on our 5-pillar system

AIME
AIME

SOFI and F are your best wheel candidates today. Strong Value pillar (72% and 45% IV rank = rich premiums) plus excellent Timing (50+ days to earnings = low catalyst risk). Perfect for safe premium collection.

Assignment Risk Scoring

Daily risk assessment for your put positions

SOFI$26 Put (12 DTE)
Assignment Risk
15%
A+
Gamma Cushion
6.4%
Catalyst Safety
50d
Put Wall Strength
Strong
Low assignment risk - strong institutional support at $26 and $25
AMD$210 Put (12 DTE)
Assignment Risk
42%
B+
Gamma Cushion
3.7%
Catalyst Safety
29d
Put Wall Strength
Medium
Moderate risk - CES conference Jan 6 could trigger volatility
PLTR$175 Put (12 DTE)
Assignment Risk
58%
B
Gamma Cushion
3.8%
Catalyst Safety
72d
Put Wall Strength
Weak
Higher risk - thin gamma support, price trading only 3.8% above strike
AIME
AIME

AMD's assignment risk is elevated at 42% due to CES keynote in 29 days. Gamma support at $210 is your danger zone - price approaching fast. This affects your Timing pillar score.

Strike Optimizer

SOFI at $27.07 - Which strike should you sell?

$26 Put (Dec 20)RECOMMENDED

Premium: $0.85 (3.3% return in 12 days)

Gamma support at $26 (6.4% cushion)
Put wall at $25 (natural floor)
No earnings for 50 days (Jan 27)
$27 Put (Dec 20)RISKY

Premium: $1.25 (4.6% return)

Only 2.8% below current price
At the money - 50% assignment probability
Higher premium, but higher risk
$28 Put (Dec 20)AVOID

Premium: $1.65 (5.9% return)

0.8% above current price (likely assignment)
Gamma resistance at $28 will push down
ITM = very high assignment risk
AIME
AIME

For AMD, the $205 strike gives you best risk/reward at gamma support. Strong Value (good premium) + Timing (sits at institutional support level). Safe entry point with defined risk.

Catalyst Alert Calendar

7-day advance warnings for earnings, dividends, and major events

3 Alerts
CRITICAL - 29 DAYSJan 6-10, 2026

CES Tech Conference

AMD, NVDA will present product announcements. Expect high volatility.

Affected tickers:
AMDNVDA
Action: Only sell puts expiring before Jan 3rd on these tickers
SAFE - 50 DAYSJan 27, 2026

SOFI Earnings Report

Q4 2025 earnings. Far enough out to safely trade 30-45 DTE options.

Affected tickers:
SOFI
Action: Safe to sell puts with 30-45 DTE. Monitor as earnings approach.
SAFE - 59 DAYSFeb 5, 2026

Ford (F) Earnings Report

Q4 2025 earnings. No immediate concern for near-term wheel trades.

Affected tickers:
F
Action: All clear for wheel trading. Monitor closer to date.
Alerts automatically sent 7 days before any catalyst. Configure notification preferences in settings.
AIME
AIME

NVDA and AMD both have CES Jan 6 affecting their Timing pillar scores. If wheeling both, stagger your expirations - don't have all positions expiring right after the catalyst. Diversify your event risk.

AIME's Complete Analysis

AIME

AIME has analyzed this for you

Thought for 18s·47 results analyzed

Bottom-line

SOFI at $27.07 is your safest wheel play today. Sell the $26 put for 3.3% return in 12 days - there's strong gamma support (Timing pillar) at $26 where institutions will defend, high IV rank (Value pillar) for premium collection, and earnings 47 days out (Timing pillar) won't mess with you. The assignment risk is only 15% compared to AMD's 42% or PLTR's 58%.

1.Feature 1: Daily Watchlist - SOFI is Today's Winner

The watchlist ranks stocks using our 5-pillar system, focusing on Value + Liquidity + Timing for wheel traders.

SOFI gets an A+ because it checks all boxes: 72% IV rank (Value pillar - rich premiums), strong gamma support at $26 (Timing pillar - safe entry), tight spreads (Liquidity pillar), and 50 days until earnings (Timing pillar - low catalyst risk)
F gets an A with 45% IV rank (Value) - lower premiums but rock-solid gamma support (Timing) for conservative traders
AMD/NVDA get B+ due to CES conference in 29 days affecting Timing pillar - still tradeable but use shorter DTE to avoid event risk
2.Feature 2: Assignment Risk Scoring - The Numbers Behind the Grades

I calculate 3 factors for assignment risk, all tied to our Timing pillar:

Gamma Cushion (Timing): SOFI's $26 strike has 6.4% buffer to gamma support (excellent). AMD only has 3.7% (moderate). PLTR has 3.8% (risky). This tells you how far price can drop before hitting institutional support.
Catalyst Safety (Timing): SOFI has 50 days (safe), AMD has 29 days (caution), PLTR has 72 days (safe). Events disrupt gamma levels, so distance to catalysts matters.
Put Wall Strength (Timing + Sentiment): SOFI has massive put OI at $25 creating a natural floor (institutions defending). PLTR's put walls are weak (less institutional support).

SOFI = 15% assignment risk. AMD = 42%. PLTR = 58%. These probabilities help you size positions and select strikes with confidence.

3.Feature 3: Strike Optimizer - Why $26 Beats $27 and $28

For SOFI, I analyzed 3 strikes balancing Value (premium) vs Timing (support levels):

$26 Put: 3.3% return, 15% assignment risk (RECOMMENDED) - sits right on gamma support. Best Value/Timing balance.
$27 Put: 4.6% return, 50% assignment risk (RISKY) - too close to current price. Extra Value doesn't justify poor Timing.
$28 Put: 5.9% return, 85% assignment risk (AVOID) - already ITM. High Value (premium) but terrible Timing (no support).

The $26 strike is the sweet spot where Timing pillar (gamma support) meets Value pillar (solid premium). Big players will defend $26, your premium collection is good (3.3% in 12 days = 100% annualized), and assignment risk is minimal. Don't chase the extra premium on $28 - you'll get assigned and bag hold shares with no support underneath.

4.Feature 4: Catalyst Alerts - Timing Pillar Protection

The alert system protects your Timing pillar by tracking upcoming catalysts that disrupt gamma levels:

CRITICAL: CES Jan 6-10 (29 days) affects AMD & NVDA - product announcements cause wild swings that break gamma support. Timing pillar score drops near events. Only sell puts expiring before Jan 3.
SAFE: SOFI earnings Jan 27 (50 days) - far enough out that Timing pillar stays strong for 30-45 DTE puts. Gamma levels remain stable.
SAFE: F earnings Feb 5 (59 days) - excellent Timing score, all clear for wheel trades with standard 30-45 DTE.

Without catalyst tracking, you'd sell an AMD $210 put for Feb 20 (thinking gamma support at $210 protects you), then watch CES news gap it down 8% right through that level. The 7-day advance warning saves you from catastrophic Timing pillar failures.

AIME analyzes gamma levels, IV rank, and market catalysts to give you personalized insights

The Solution

See The Support Levels
Before You Sell

WheelRadar gives you institutional-grade data to make informed decisions about which stocks to wheel and which strikes to sell.

Gamma Support Levels

See where market makers will defend prices before you sell puts

Put Walls

Know where massive put open interest creates natural price floors

Catalyst Alerts

Get warned about earnings, dividends, and major events before you open positions

Assignment Risk Score

Daily scoring based on gamma proximity and catalyst timing

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

Clear signal?

  • • High score = clear conviction
  • • Low score = mixed signals
  • • Extreme P/C = strong signal

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
  • • Technical levels
  • • Gamma support

WheelRadar Features Map to Key Pillars

Wheel Strategy Scanning

Finds undervalued, tradeable options with high premium collection potential

ValueLiquidity

Entry Timing

Identifies optimal strike selection based on technical support levels

Timing

Premium Collection

Maximizes returns through IV rank analysis and value scoring

Value

Everything You Need to Wheel with Confidence

Daily Wheel Watchlist

Top 20 stocks with gamma support, high IV, and no upcoming catalysts. Updated every morning.

Pillar:Value + Activity

Assignment Risk Score

Daily scoring based on gamma levels, catalyst proximity, and technical support.

Pillar:Timing

Strike Optimizer

See exactly which strike to sell based on gamma support, put walls, and risk/reward.

Pillar:Value + Sentiment

Catalyst Alerts

Get warned 7 days before earnings, dividends, or major events. Never get caught off guard.

Pillar:Timing

Understanding Assignment Risk

Not all puts are created equal. Here's how we calculate your assignment risk.

A+

Low Risk

  • Strong gamma support below strike
  • Put wall within 5% of strike
  • No catalysts for 4+ weeks
  • IV Rank above 50%
B

Moderate Risk

  • Some gamma support nearby
  • Catalyst in 2-4 weeks
  • Moderate IV
  • Consider rolling before event
D

High Risk

  • Weak or no gamma support
  • Catalyst within 2 weeks
  • Strike too close to price
  • Consider closing position

Built for Real Wheel Traders

$25K - $100K

Target account size

851+

"What stocks to wheel?" posts

Daily

Updated watchlists

“I wish I had this data before I sold those NVDA puts right before earnings. Would have saved me $8,000 in losses from assignment.”

- Wheel trader with $45K account

Start Wheeling with Data on Your Side

Get today's top 5 wheel setups with the data behind them

Join the waitlist for early access

Daily Deliverables

  • Top 20 wheel watchlist with scores
  • Recommended strikes for each ticker
  • Gamma support and put wall levels
  • 7-day catalyst calendar

Daily Alerts

  • Assignment risk changes on your positions
  • New catalyst announcements
  • Gamma level breaks (support or resistance)
  • IV rank spike opportunities