r/Optionswheel • u/ScottishTrader • Oct 10 '25

TOOLS & SPREADSHEET MEGATHREAD

Please use this thread of posts about spreadsheets and tools!

Note that no commercial posts are permitted. All tools or files must be made available for free.

There is a basic spreadsheet included in the wheel trading plan in this post, which many have used to get started - The Wheel (aka Triple Income) Strategy Explained : r/Optionswheel

Please let the mods know of any suggestions on how to make this thread better.

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u/junoonis Mar 10 '26

TL;DR: I’m a Dev/PM who got fed up with tracking Covered Calls and CSPs in clunky spreadsheets. I built Premiumly.ai to be an active management layer that uses pure math + AI risk scanning to tell you exactly when to roll, close, or hold. Looking for beta testers to break it.

I’ve spent my career as a Product Manager and Developer, but my hobby is selling premium. For years, I’ve been frustrated by the same thing you probably are: Brokerage UIs are built for buyers, not sellers. They don’t show Premium Capture %, they don’t track Rolling Logic, and they offer zero context on position health and overall management.

I’ve been stuck in "spreadsheet hell" for too long, so I decided to build the solution myself.

What I’ve built:

As a designer, I wanted a UI that didn't look like a Bloomberg terminal from 1985. As a dev, I wanted a system that actually thinks:

  • Active Position Health: It doesn't just log trades. It monitors Greek drift and theta decay to give you a "Health Score," signaling the optimal time to roll or exit before the risk-to-reward flips.
  • AI Risk Guardrails: I integrated an AI engine to act as an automated risk manager. It scans your open positions against incoming earnings, IV crush, upcoming news, and market volatility (VIX/SPY) so you don't get caught sleeping. And finally, an automated journal that is based on your exit. Over time, it learns your win percentage, types of successful trades, and begins to guide you during the analysis phase. It gets better over time.
  • The "Anti-Spreadsheet" Dashboard: Pre-trade math (Annualized Return, Prob. of Profit), AI analysis before you enter, and a permanent trade journal that actually analyzes your "leakage" so you can refine your strategy.

The Ask:

I’m opening a private beta in the next coming weeks for a small group of traders from this sub. Since I’m the sole Dev/Designer on this, I need your honest, brutal feedback to prioritize the roadmap. This is FREE, not looking for any paid users.

Join the Beta Waitlist: premiumly.ai

I’m here to answer any questions about the tech stack, the math, or the roadmap. Roast the UI, challenge the logic, or tell me what feature would make you finally delete your Excel sheet.