Trendscoded
PremiumGuardHQ
Track Theta
ThetaPal
Option Tracker
CoverEdge
FlashAlpha
Optioneer
OptionIncome.io
PremiumGuardHQ is the analytics platform for self-directed investors running the options wheel strategy. Connect a broker or import a CSV, and it detects every covered call and cash-secured put cycle from your trade data. No manual tagging, no spreadsheet formulas that break the day a position assigns.
The core problem it solves: the numbers on your broker screen are not your real numbers. Cost basis gets adjusted through assignments and premiums received, so most wheel traders cannot say what they actually earned. PremiumGuardHQ reconciles cost basis through every assignment and separates Premium P/L, Equity P/L, and Net P/L per cycle, with the full methodology published on the site.
The suite is five screens:
Broker sync is read-only so PremiumGuardHQ can never place trades. The Free plan is free forever, no credit card: broker auto-sync, open positions, live quotes, and your last 20 closed cycles. Pro adds unlimited history, withdrawal recommendations, insights, and the scorecard, with a 14-day free trial.
Trendscoded PremiumGuardHQNo features have been listed yet.
PremiumGuardHQ's answer:
PremiumGuardHQ is built specifically for the wheel options strategy, not generic trade journaling. Connect your brokerage account and it automatically detects complete wheel cycles from your actual fills (cash-secured put, assignment, covered calls, called away) with no manual tagging or trade-by-trade data entry. It then reconciles cost basis, separates premium P&L from equity P&L, and computes how much income you can safely withdraw without eroding your capital base. That last question is the one no journal or spreadsheet answers.
PremiumGuardHQ's answer:
Most alternatives are journals: you type in or tag every trade yourself, and the analysis breaks the moment you fall behind. PremiumGuardHQ syncs directly with your broker so your books stay current whether you remember to update them or not. It also answers questions that matter specifically to wheel traders: real premium yield, equity P&L net of assignments, capital at risk by position, and a safe withdrawal number. After every sync your whole account is reviewed, and risk, strategy drift, and track-record patterns surface as graded insights. There is a free plan, and Pro comes with a 14-day trial with no credit card required.
PremiumGuardHQ's answer:
Self-directed options traders running the wheel strategy who treat premiums as a real income source, ranging from people supplementing a salary to people funding their lifestyle from their portfolio. They typically trade at Schwab, Interactive Brokers, Robinhood, or Fidelity, and they care about two questions: am I actually making money after assignments, and how much can I withdraw without shrinking my base.
PremiumGuardHQ's answer:
Founder Michael O'Donnell is a lifelong entrepreneur who sold his previous company, Cave Tools (barbecue tools e-commerce), in 2021 and began trading the wheel with his own capital. He was originally taught to withdraw premiums immediately as income. That worked until a downturn assigned him stock below cost basis and he realized he was quietly eroding his equity base, while broker cost-basis adjustments made the displayed numbers untrustworthy. He built an internal tool to answer three questions: what's my real premium yield, what's my equity P&L net of assignments, and how much is safely withdrawable. Conversations with other wheel traders surfaced the same gap, so the internal tool became PremiumGuardHQ.
PremiumGuardHQ's answer:
The application is built with Next.js, React, and TypeScript, running on Vercel, with Supabase (Postgres) as the data layer and Stripe for billing. Brokerage data flows in through official broker API integrations and the SnapTrade connectivity platform, alongside CSV import. The marketing website is built with Astro.
PremiumGuardHQ's answer:
PremiumGuardHQ serves individual investors rather than companies, so there are no enterprise logos to share, and customer identities stay private. The user base is self-directed wheel traders at mainstream brokerages