Wheel Strategy Options
Author:
๐ Complex_File293
Real discussions and feedbacks of Wheel Strategy Options
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App Description
I’m new to options trading (only a year into it). I recently started using the wheel strategy, as I realized more money is made writing options than buying options. Premiums are boring, but they are a more reliable way than other beginner option strategies.
I built a tool that screens for CC and CSP based on premium yield. I’ve been using it to generate ideas for myself. Feel free to use it and give any feedback you guys might have-
https://wheelstrategyoptions.com/optionsI’m getting about 50 users a day visiting the site but the returning users are very low. What are some ways I can increase the stickiness of the app? Maybe a social login?
Project Overview
The Wheel Strategy Options tool is designed to screen for Covered Calls (CC) and Cash-Secured Puts (CSP) based on premium yield, aimed at users new to options trading. The creator is seeking advice on increasing returning users to the website, which currently sees about 50 daily visitors but with low returning user rates. Suggestions for improvement include implementing social login features to enhance user stickiness.
Links
๐ Website: https://wheelstrategyoptions.com/options
Features & Benefits
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Screens for CC and CSP based on premium yield
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Generates trading ideas
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Free to use
Areas for Improvement
๐ Low returning user rate