Free calculators and plain-English guides for covered calls, cash-secured puts, and the wheel. No login, no hype. Education only, never advice.
Explore the free tools Start with the basics
Free options-income calculators
Covered Call CalculatorStatic yield, if-called return, breakeven, and the odds of assignment.Cash-Secured Put CalculatorYield on cash, your effective buy price, and breakeven.Wheel Strategy CalculatorModel a full put to call cycle and its annualized return.Options Profit CalculatorDraw the payoff diagram for any position up to four legs.DRIP CalculatorSee how reinvested dividends compound over the years.Annualized Return CalculatorTurn any period return into a clean annualized rate.
This week’s live market data
Best Stocks for Covered Calls This WeekThe highest annualized covered call yields, from live option data.Best Cash-Secured Put Yields This WeekThe highest yields on cash, from live option data.
Start here: the guides
What Is a Covered Call?The plain-English 101 on the core income strategy.Cash-Secured Puts ExplainedGet paid to wait to buy a stock at your price.Covered Put vs Cash-Secured PutTwo names, opposite trades. Learn the difference.The Wheel StrategyCombine puts and calls into a repeatable income loop.How to Roll a Covered CallBuy back and re-sell to defend or extend a trade.Poor Man’s Covered CallThe capital-efficient diagonal version.
StockTipz is education only, not financial advice. Options involve risk and can lose money. Always do your own research.