Help & documentation

Short guides on features, plans, and API endpoints. Content grows with every new feature.

strategy

Metric evaluation & sorting
Metric models for PUT candidates (classic vs. annualized), covered-call formula, in-UI breakdown and how to switch.
Wheel Ledger (position receipt)
Cycle overview per trade: STO/BTC chain, gross/net balance, month breakdown, ex-dividend markers, and journal note.
Naked-call opt-in
Uncovered calls are blocked by default. Opt-in per account plus double confirmation in the send dialog.
License-free order transmission to LYNX / IBKR
License-free path: WheelTrading shows the order values field by field; you copy them one field at a time and submit in your broker yourself. No basket CSV, no server-side send.
Set up a second LYNX user for manual trading
Why a second LYNX user is needed for manual trading in a separate browser, which permissions to grant, and how 2FA works.
Unassigned LYNX trades
If you submitted a different strike, expiry, quantity, or limit at LYNX: manually assign the LYNX trade to your WheelTrading proposal to keep the overview clean.
Position count & diversification
How Wheel Trading derives the recommended position count from your portfolio and how it interacts with the plan cap.
Filter settings
How the 4-layer resolver of defaults, plan caps, NLV bracket, and user overrides works.
Volatility regime (VIX)
Five VIX buckets and how they cap positions, ATR distance, and risk.
IV-Rank & IV-Percentile
How we compute rank and percentile per ticker from the IV30 history.
Event blockers: earnings & ex-dividend
Pre-send gate: expiry inside an earnings or ex-dividend window triggers a warning that has to be acknowledged.

basics

data

analysis