Direct Answer: Stock investors running the Wheel Strategy (selling Cash-Secured Puts to acquire shares at a discount, then selling Covered Calls for recurring income) face an ugly trade-off: generic screeners have no idea how many shares or how much cash you hold, while portfolio trackers demand your live brokerage password. OptionMAV USB solves both by letting you enter share counts and reserved cash 100% locally on your USB drive—mapping every 100 shares to Covered Call contract capacity, verifying Cash-Secured Put collateral against live strikes, and warning you before any untagged naked trade.
How OptionMAV Makes the Wheel Strategy Mechanical & Safer
- Covered Call Contract Mapping: Enter your share count per US stock or ETF locally. Whenever a qualifying
SELLCALLfires (with IV Rank ≥ 50 and >3 days away from earnings), OptionMAV tags it as a Covered Call and calculates your exact contract capacity (100 shares = 1 contract,300 shares = 3 contracts). - Cash-Secured Put Collateral Validation: Enter the cash you have set aside for put assignment. OptionMAV checks
Strike × 100against your reserved cash and only marks aSELLPUTCSP-Ready when your cash genuinely covers assignment. - Explicit Naked-Setup Warning: If income signals are enabled on tickers where you haven’t tagged shares or reserved cash—and Vertical Spreads aren’t toggled on—OptionMAV warns you clearly on-screen so you never place an accidental naked short.
- ~0.20–0.25 Delta Strike Targeting & 80% Decay Profit Rule: Income signals automatically place strikes 1.5× further out-of-the-money than buyer setups, targeting the ~1σ (~75–80% probability OTM) zone, with pre-calculated profit targets at 80% premium decay and automatic roll guidance as expiration approaches.
Combine Stock Conviction + Options Income Across the MAV Ecosystem
Want to screen global equities, crypto, and forex alongside your US options income setups? Check live equity & crypto conviction setups on the TradeMAV Live AI Signal Ledger, explore the $129 TradeMAV USB & $199 Trader’s Bundle (TradeMAV + ForexMAV USBs), or unlock both OptionMAV Android and TradeMAV Mobile under a single Hosted login.
The 3 Categories of Retail Options Software (How to Choose the Right Tool)
Self-directed US stock & ETF options tools fall into three distinct architectural categories:
Helpful for drawing P&L curves after you already picked a ticker and strike—but offers zero automated market-wide contract discovery, zero hard IV Rank gating, and zero automated exit monitoring.
Streams dark-pool and sweep alerts ($576–$1,788/yr) without revealing whether an institution is hedging 500,000 shares of stock—leaving retail traders chasing noisy premium with no exit plan.
Computes all 8 Black-Scholes-Merton Greeks locally, enforces a hard 52-week IV Rank ≥ 50 income gate + 3-day pre-earnings guard, toggles 1-click vertical credit/debit spreads, and monitors exits with $0/mo ongoing USB fees.
Choose Your OptionMAV Setup — $0/mo Physical USB, Android App & Free Calculator
Screen US stock & ETF options contracts with all 8 Black-Scholes-Merton Greeks, rolling 52-week IV Rank (≥50 income gating), 3-day pre-earnings IV-crush protection, and one-toggle vertical credit/debit spreads—without surrendering your watchlist to a $200/month cloud platform.
Frequently Asked Questions
Does OptionMAV connect to Fidelity, Schwab, Robinhood, or Interactive Brokers?
No. OptionMAV never connects to your brokerage account or third-party aggregators. You manually enter share counts or reserved cash locally so 100% of your portfolio data stays private on your own hardware.
What Trading Profile works best for Covered Calls and Cash-Secured Puts?
OptionMAV’s Conservative / Income profile (20–45 DTE) and Swing / Monthly profile (15–60 DTE, centered around the institutional 30-DTE theta curve) are purpose-built for Covered Call and Cash-Secured Put workflows.
Continue Exploring the OptionMAV Options Research Library
- Best AI Options Screener Without a Monthly Subscription: OptionMAV $159 USB & Android App vs. $200/Mo Cloud Tools
- Vertical Credit & Debit Spread Screener: Find Defined-Risk Options Setups Without Level 4 Naked Margin
- IV Rank Options Screener (0–100) & Pre-Earnings IV Crush Guard: Stop Selling Cheap Options Premium
- Options Greeks Explained in Plain English (Delta, Theta, Vega, Vanna & Charm): The OptionMAV Playbook
- Stop Watching Winning Options Decay to Zero: Automated Options Exit Alerts, Roll Guidance & Android Portfolio Tracking
- OptionStrat Alternative: Visual Payoff Calculator vs. OptionMAV’s $0/Mo AI Options Screener & Spread Analyzer
- Unusual Whales & Cheddar Flow Alternative: Why Retail Traders Ditch Noisy Dark-Pool Sweeps for Defined-Risk AI Setups
- Market Chameleon & Barchart Options Screener Alternative: Own 52-Week IV Rank & Wheel Screening on a $159 USB
- Why Your Call Option Lost Money When the Stock Went Up: Plain-English Guide to Earnings IV Crush & the 3-Day Guard
- Weekly vs. Swing vs. LEAPs Options: Complete Delta (0.20 vs. 0.50) & DTE Selection Matrix for Retail Traders
- Why DIY Options Spreadsheets & Weekend Scripts Break Down—And How a Turnkey $159 USB Solves All 8 Greeks Locally
Interactive Tools & Official Channels: 🧮 Free Spread & IV Rank Calculator · 📘 201-Page Greeks Playbook ($12.99) · ⚡ OptionMAV USB ($159 · $0/mo) · 🛒 Amazon US (#1 Ranked) · 📱 OptionMAV Android App · All 12 Guides