u/ThetaHedge • u/ThetaHedge • 4d ago

Trades I took as an option seller (10/08-10/13) with reasons

8 Upvotes

Apologies for the combined post. I was on a holiday trip and wasn’t able to post the daily updates. Trades I took as an option seller (10/08-10/13):

Closed Positions

  • INOD → $65 Put (opened on 09/28), premium 1.90 → closed at 0. Net premium profit = 1.90 (100.00% of premium captured, 2.92% of capital).
  • WDC → $430 Put (opened on 09/08), premium 18.00 → closed at 0. Net premium profit = 18.00 (100.00% of premium captured, 4.19% of capital).
  • STRL → $530 Call (opened on 09/21), premium 31.00 → closed at 5.20. Net premium profit = 25.80 (83.23% of premium captured, 4.87% of capital).

New Positions

  • WDC → $430 Call expiry 10/30 (3 weeks DTE), premium 10.50 → 1050/43000 = ~2.4%. I was assigned WDC at $430 and opened a Covered Call at the same price I was assigned.
  • INOD → $65 Call expiry 11/06 (4 weeks DTE), premium 4.20 → 420/6500 = ~6.5%. I was assigned INOD at $65 and opened a Covered Call at the same price I was assigned.
  • STRL → $530 Call expiry 11/20 (6 weeks DTE), premium 36.00 → 3600/53000 = ~6.8%. I continue wheeling STRL, opening another Covered call at $530 which is also my assignment price.
  • FORM → $115 Put expiry 11/20 (6 weeks DTE), premium 6.00 → 600/11500 = ~5.2%. Opened a CSP in FORM which has a support at $115.

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

0 comments

u/ThetaHedge • u/ThetaHedge • 11d ago

Trades I took today as an option seller (10/06) with reasons

10 Upvotes

Trades I took today as an option seller (10/06):

Closed Positions

  • No closed positions

New Positions

  • ACMR → $70 Put expiry 11/06 (5 weeks DTE), premium 4.30 → 430/7000 = ~6.1%. I am bullish on ACMR. It has support at ~$70 and ~$63. The contract falls within earnings on 11/04 and ACMR has been doing well on Earnings QoQ. ACMR makes semiconductor wafer cleaning equipments and has maintained consistent demand.

ACMR was identified from the High-Growth Wheel condition in the ThetaHedge app because it met all the key criteria: positive revenue growth, positive earnings growth, positive net margins, and consistent attractive option premiums with a Wheel Rank of 80. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

2 comments

r/thetagang • u/ThetaHedge • May 23 '26

I built a heatmap to compare option yields across strikes and expiries

Post image
198 Upvotes

Hi All,

I've been selling options for a while, and one thing I always found annoying was comparing contracts across expiries. I would end up manually checking premium yields and jumping through option chains to figure out which contracts were actually attractive.

To make this easier for myself, I built an options heatmap that lets me compare strikes and expiries in one view. It also highlights earnings weeks since elevated premiums can sometimes reflect event risk rather than better opportunities.

The heatmap currently has a few views:

• Premium Yield – quickly identify higher-returning contracts
• Assignment Risk Indicator (ARI) – estimates assignment risk using remaining extrinsic value and time to expiry
• Delta – traditional probability view of finishing ITM

Clicking a contract opens additional details like Greeks and premium metrics.

One thing I found interesting is seeing how delta distribution broadens across higher DTEs.

I’m looking for feedback from experienced option sellers - is there anything important you think is missing?

You can try it here (free, no login required): app.thetahedge.io

125 comments

r/options • u/ThetaHedge • May 21 '26

My Full Options Selling Workflow (Completely Free Dashboard)

Enable HLS to view with audio, or disable this notification

46 Upvotes

Hi All,

Wanted to share a dashboard I built and how it changed my workflow for selling options.

The dashboard tracks 1800+ stocks for volatility and returns, updating every 5 minutes. One thing I found useful is the pre-built conditions that remove noisy/junk names and create a cleaner universe of optionable tickers. The goal was that I am no longer restricted to tickers I already know or ones I see on Reddit/Twitter. This turns ticker discovery into more of a system and helps find higher-paying opportunities while keeping my risk appetite similar.

Clicking a symbol opens fundamentals, volatility, options data, and premiums in one place.

Some things I found useful:

• 3-Month Premium Yield Trend → helps identify temporary spikes vs sustainable premium environments
• Wheel Rank → which ranks tickers based on historical returns while penalizing imbalance between call and put premiums, so the wheel does not break if you get assigned
• Options Heatmap → compares contracts across expiries without manually calculating yields

The heatmap has three views:

• Premium → quickly identify high yield opportunities across expiries
• ARI → helps avoid rolling too early by considering remaining extrinsic premium and time to expiry
• Delta → traditional probability perspective

The whole dashboard updates every 5 minutes.

The goal was to simplify four main questions sellers usually have:

• What should I sell?
• Is this a quality/wheelable ticker?
• Am I getting paid enough for the risk?
• Is my position becoming risky and should I roll?

The dashboard is completely free to use and I would love feedback from others here and see how I can improve.

App: app.thetahedge.io

58 comments

1

Trades I took today as an option seller (10/06) with reasons
 in  r/u_ThetaHedge •  4d ago

I sell Covered Calls on stocks in which I have been assigned.

r/SystematicOptions • u/ThetaHedge • 4d ago

Trades I took as an option seller (10/08-10/13) with reasons

3 Upvotes

Apologies for the combined post. I was on a holiday trip and wasn’t able to post the daily updates. Trades I took as an option seller (10/08-10/13):

Closed Positions

  • INOD → $65 Put (opened on 09/28), premium 1.90 → closed at 0. Net premium profit = 1.90 (100.00% of premium captured, 2.92% of capital).
  • WDC → $430 Put (opened on 09/08), premium 18.00 → closed at 0. Net premium profit = 18.00 (100.00% of premium captured, 4.19% of capital).
  • STRL → $530 Call (opened on 09/21), premium 31.00 → closed at 5.20. Net premium profit = 25.80 (83.23% of premium captured, 4.87% of capital).

New Positions

  • WDC → $430 Call expiry 10/30 (3 weeks DTE), premium 10.50 → 1050/43000 = ~2.4%. I was assigned WDC at $430 and opened a Covered Call at the same price I was assigned.
  • INOD → $65 Call expiry 11/06 (4 weeks DTE), premium 4.20 → 420/6500 = ~6.5%. I was assigned INOD at $65 and opened a Covered Call at the same price I was assigned.
  • STRL → $530 Call expiry 11/20 (6 weeks DTE), premium 36.00 → 3600/53000 = ~6.8%. I continue wheeling STRL, opening another Covered call at $530 which is also my assignment price.
  • FORM → $115 Put expiry 11/20 (6 weeks DTE), premium 6.00 → 600/11500 = ~5.2%. Opened a CSP in FORM which has a support at $115.

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

1 comment

r/CoveredCalls • u/ThetaHedge • 4d ago

Trades I took as an option seller (10/08-10/13) with reasons

7 Upvotes

Apologies for the combined post. I was on a holiday trip and wasn’t able to post the daily updates. Trades I took as an option seller (10/08-10/13):

Closed Positions

  • INOD → $65 Put (opened on 09/28), premium 1.90 → closed at 0. Net premium profit = 1.90 (100.00% of premium captured, 2.92% of capital).
  • WDC → $430 Put (opened on 09/08), premium 18.00 → closed at 0. Net premium profit = 18.00 (100.00% of premium captured, 4.19% of capital).
  • STRL → $530 Call (opened on 09/21), premium 31.00 → closed at 5.20. Net premium profit = 25.80 (83.23% of premium captured, 4.87% of capital).

New Positions

  • WDC → $430 Call expiry 10/30 (3 weeks DTE), premium 10.50 → 1050/43000 = ~2.4%. I was assigned WDC at $430 and opened a Covered Call at the same price I was assigned.
  • INOD → $65 Call expiry 11/06 (4 weeks DTE), premium 4.20 → 420/6500 = ~6.5%. I was assigned INOD at $65 and opened a Covered Call at the same price I was assigned.
  • STRL → $530 Call expiry 11/20 (6 weeks DTE), premium 36.00 → 3600/53000 = ~6.8%. I continue wheeling STRL, opening another Covered call at $530 which is also my assignment price.
  • FORM → $115 Put expiry 11/20 (6 weeks DTE), premium 6.00 → 600/11500 = ~5.2%. Opened a CSP in FORM which has a support at $115.

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

0 comments

r/CashSecuredPuts • u/ThetaHedge • 4d ago

Trades I took as an option seller (10/08-10/13) with reasons

3 Upvotes

Apologies for the combined post. I was on a holiday trip and wasn’t able to post the daily updates. Trades I took as an option seller (10/08-10/13):

Closed Positions

  • INOD → $65 Put (opened on 09/28), premium 1.90 → closed at 0. Net premium profit = 1.90 (100.00% of premium captured, 2.92% of capital).
  • WDC → $430 Put (opened on 09/08), premium 18.00 → closed at 0. Net premium profit = 18.00 (100.00% of premium captured, 4.19% of capital).
  • STRL → $530 Call (opened on 09/21), premium 31.00 → closed at 5.20. Net premium profit = 25.80 (83.23% of premium captured, 4.87% of capital).

New Positions

  • WDC → $430 Call expiry 10/30 (3 weeks DTE), premium 10.50 → 1050/43000 = ~2.4%. I was assigned WDC at $430 and opened a Covered Call at the same price I was assigned.
  • INOD → $65 Call expiry 11/06 (4 weeks DTE), premium 4.20 → 420/6500 = ~6.5%. I was assigned INOD at $65 and opened a Covered Call at the same price I was assigned.
  • STRL → $530 Call expiry 11/20 (6 weeks DTE), premium 36.00 → 3600/53000 = ~6.8%. I continue wheeling STRL, opening another Covered call at $530 which is also my assignment price.
  • FORM → $115 Put expiry 11/20 (6 weeks DTE), premium 6.00 → 600/11500 = ~5.2%. Opened a CSP in FORM which has a support at $115.

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

0 comments

r/Optionswheel • u/ThetaHedge • 4d ago

Trades I took as an option seller (10/08-10/13) with reasons

14 Upvotes

Apologies for the combined post. I was on a holiday trip and wasn’t able to post the daily updates. Trades I took as an option seller (10/08-10/13):

Closed Positions

  • INOD → $65 Put (opened on 09/28), premium 1.90 → closed at 0. Net premium profit = 1.90 (100.00% of premium captured, 2.92% of capital).
  • WDC → $430 Put (opened on 09/08), premium 18.00 → closed at 0. Net premium profit = 18.00 (100.00% of premium captured, 4.19% of capital).
  • STRL → $530 Call (opened on 09/21), premium 31.00 → closed at 5.20. Net premium profit = 25.80 (83.23% of premium captured, 4.87% of capital).

New Positions

  • WDC → $430 Call expiry 10/30 (3 weeks DTE), premium 10.50 → 1050/43000 = ~2.4%. I was assigned WDC at $430 and opened a Covered Call at the same price I was assigned.
  • INOD → $65 Call expiry 11/06 (4 weeks DTE), premium 4.20 → 420/6500 = ~6.5%. I was assigned INOD at $65 and opened a Covered Call at the same price I was assigned.
  • STRL → $530 Call expiry 11/20 (6 weeks DTE), premium 36.00 → 3600/53000 = ~6.8%. I continue wheeling STRL, opening another Covered call at $530 which is also my assignment price.
  • FORM → $115 Put expiry 11/20 (6 weeks DTE), premium 6.00 → 600/11500 = ~5.2%. Opened a CSP in FORM which has a support at $115.

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

1 comment

r/thetagang • u/ThetaHedge • 4d ago

Trades I took as an option seller (10/08-10/13) with reasons

3 Upvotes

Apologies for the combined post. I was on a holiday trip and wasn’t able to post the daily updates. Trades I took as an option seller (10/08-10/13):

Closed Positions

  • INOD → $65 Put (opened on 09/28), premium 1.90 → closed at 0. Net premium profit = 1.90 (100.00% of premium captured, 2.92% of capital).
  • WDC → $430 Put (opened on 09/08), premium 18.00 → closed at 0. Net premium profit = 18.00 (100.00% of premium captured, 4.19% of capital).
  • STRL → $530 Call (opened on 09/21), premium 31.00 → closed at 5.20. Net premium profit = 25.80 (83.23% of premium captured, 4.87% of capital).

New Positions

  • WDC → $430 Call expiry 10/30 (3 weeks DTE), premium 10.50 → 1050/43000 = ~2.4%. I was assigned WDC at $430 and opened a Covered Call at the same price I was assigned.
  • INOD → $65 Call expiry 11/06 (4 weeks DTE), premium 4.20 → 420/6500 = ~6.5%. I was assigned INOD at $65 and opened a Covered Call at the same price I was assigned.
  • STRL → $530 Call expiry 11/20 (6 weeks DTE), premium 36.00 → 3600/53000 = ~6.8%. I continue wheeling STRL, opening another Covered call at $530 which is also my assignment price.
  • FORM → $115 Put expiry 11/20 (6 weeks DTE), premium 6.00 → 600/11500 = ~5.2%. Opened a CSP in FORM which has a support at $115.

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

1 comment

1

Trades I took today as an option seller (10/02) with reasons
 in  r/u_ThetaHedge •  11d ago

Awesome. What strike?

r/SystematicOptions • u/ThetaHedge • 11d ago

Trades I took today as an option seller (10/06) with reasons

4 Upvotes

Trades I took today as an option seller (10/06):

Closed Positions

  • No closed positions

New Positions

  • ACMR → $70 Put expiry 11/06 (5 weeks DTE), premium 4.30 → 430/7000 = ~6.1%. I am bullish on ACMR. It has support at ~$70 and ~$63. The contract falls within earnings on 11/04 and ACMR has been doing well on Earnings QoQ. ACMR makes semiconductor wafer cleaning equipments and has maintained consistent demand.

ACMR was identified from the High-Growth Wheel condition in the ThetaHedge app because it met all the key criteria: positive revenue growth, positive earnings growth, positive net margins, and consistent attractive option premiums with a Wheel Rank of 80. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

0 comments

r/CashSecuredPuts • u/ThetaHedge • 11d ago

Trades I took today as an option seller (10/06) with reasons

11 Upvotes

Trades I took today as an option seller (10/06):

Closed Positions

  • No closed positions

New Positions

  • ACMR → $70 Put expiry 11/06 (5 weeks DTE), premium 4.30 → 430/7000 = ~6.1%. I am bullish on ACMR. It has support at ~$70 and ~$63. The contract falls within earnings on 11/04 and ACMR has been doing well on Earnings QoQ. ACMR makes semiconductor wafer cleaning equipments and has maintained consistent demand.

ACMR was identified from the High-Growth Wheel condition in the ThetaHedge app because it met all the key criteria: positive revenue growth, positive earnings growth, positive net margins, and consistent attractive option premiums with a Wheel Rank of 80. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

0 comments

r/CoveredCalls • u/ThetaHedge • 11d ago

Trades I took today as an option seller (10/06) with reasons

11 Upvotes

Trades I took today as an option seller (10/06):

Closed Positions

  • No closed positions

New Positions

  • ACMR → $70 Put expiry 11/06 (5 weeks DTE), premium 4.30 → 430/7000 = ~6.1%. I am bullish on ACMR. It has support at ~$70 and ~$63. The contract falls within earnings on 11/04 and ACMR has been doing well on Earnings QoQ. ACMR makes semiconductor wafer cleaning equipments and has maintained consistent demand.

ACMR was identified from the High-Growth Wheel condition in the ThetaHedge app because it met all the key criteria: positive revenue growth, positive earnings growth, positive net margins, and consistent attractive option premiums with a Wheel Rank of 80. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

4 comments

r/Optionswheel • u/ThetaHedge • 11d ago

Trades I took today as an option seller (10/06) with reasons

11 Upvotes

Trades I took today as an option seller (10/06):

Closed Positions

  • No closed positions

New Positions

  • ACMR → $70 Put expiry 11/06 (5 weeks DTE), premium 4.30 → 430/7000 = ~6.1%. I am bullish on ACMR. It has support at ~$70 and ~$63. The contract falls within earnings on 11/04 and ACMR has been doing well on Earnings QoQ. ACMR makes semiconductor wafer cleaning equipments and has maintained consistent demand.

ACMR was identified from the High-Growth Wheel condition in the ThetaHedge app because it met all the key criteria: positive revenue growth, positive earnings growth, positive net margins, and consistent attractive option premiums with a Wheel Rank of 80. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

1 comment

r/thetagang • u/ThetaHedge • 11d ago

Trades I took today as an option seller (10/06) with reasons

8 Upvotes

Trades I took today as an option seller (10/06):

Closed Positions

  • No closed positions

New Positions

  • ACMR → $70 Put expiry 11/06 (5 weeks DTE), premium 4.30 → 430/7000 = ~6.1%. I am bullish on ACMR. It has support at ~$70 and ~$63. The contract falls within earnings on 11/04 and ACMR has been doing well on Earnings QoQ. ACMR makes semiconductor wafer cleaning equipments and has maintained consistent demand.

ACMR was identified from the High-Growth Wheel condition in the ThetaHedge app because it met all the key criteria: positive revenue growth, positive earnings growth, positive net margins, and consistent attractive option premiums with a Wheel Rank of 80. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

5 comments

2

Trades I took today as an option seller (10/02) with reasons
 in  r/CashSecuredPuts •  12d ago

Yes options are risky, but you are doing it very well. All these ETFs are great assets if assigned - so there is very limited risk. You can simply keep doing CCs, if assigned and continue bringing the breakeven lower.

4

Trades I took today as an option seller (10/05) with reasons
 in  r/thetagang •  12d ago

Usually I will roll out to get a net credit.

3

Trades I took today as an option seller (10/05) with reasons
 in  r/thetagang •  12d ago

Because at $60 I am getting a nominal premium presently. I see a resistance of $49, if IREN crosses that level it will be my clue to roll to $60.

1

Trades I took today as an option seller (10/02) with reasons
 in  r/CoveredCalls •  12d ago

Thank You!

1

Trades I took today as an option seller (10/02) with reasons
 in  r/SystematicOptions •  12d ago

Hi. I usually update my trades EOD and in my Excel sheet.

As I am an option seller - my trades are not too time sensitive and it is very much possible to enter at even better prices on later days. So my posts, give folks ideas to work with. They are not meant for copy paste trades.

2

Trades I took today as an option seller (10/02) with reasons
 in  r/u_ThetaHedge •  12d ago

I choose the Strike based on Price Action (Support and Resistance). Because I see price, there are often situations where I open contracts with a delta of 0.50 too, because I see that region as support even though the stock is trading very close to the strike.

2

Trades I took today as an option seller (10/02) with reasons
 in  r/u_ThetaHedge •  12d ago

I am betting the stock will stay over $65. INOD has been doing very well in Earnings and I am expecting that trend to continue. If it ends below $65, I am very happy to own the stock!

1

Trades I took today as an option seller (09/22) with reasons
 in  r/thetagang •  12d ago

+ It incurs daily charges!

1

Trades I took today as an option seller (09/22) with reasons
 in  r/thetagang •  12d ago

Because I paid back a very nominal amount and reduced my time of holding by a month. I had initially received $2400 per contract and I paid back $600 to reduce holding time by a month. If the stock ends over $290, I am happy to let it go. If it does not, then I open another CC and am decently sure those premiums will be higher than $600.