Ever tried sorting through 30,000+ option chains before your coffee kicks in? Yeah, I’ve been there—and it’s exhausting. That’s why I decided to test-drive The Wheel Screener, and in this The Wheel Screener Lifetime Deal Review, I’ll break down what actually helped me ditch spreadsheets and save hours each week. As someone who trades with a careful eye on both risk and reward, I know how tough it is to find reliable tools that just work. Stick around—this one might just change how you approach wheel strategy forever.
Explore The Wheel Screener Dashboard
How It Works for Me
I was struggling to find high-probability wheel trades without wasting hours on spreadsheets and multiple tools. Filtering through thousands of options contracts each day felt like searching for a needle in a haystack—before the market even opened. That’s when I gave The Wheel Screener a shot, and it quickly became a tool I actually looked forward to using. It didn’t just simplify my workflow—it brought clarity and confidence to my trades.
What Stood Out to Me?
- Zero Spreadsheet Headaches – I could instantly filter trades by delta, DTE, and risk levels without touching Excel.
- Smart Risk-Reward Scores – The proprietary scoring system helped me spot high-efficiency trades without second-guessing myself.
- Daily Updated Contracts – Over 35,000 contracts refreshed daily gave me fresh plays before the bell.
- Custom Layouts That Stick – I loved being able to tweak my dashboard and save it just the way I wanted.
- Premium Metrics Access – Metrics like implied volatility, Kelly sizing, and open interest were just a few clicks away.
- Visual Filters and Dark Mode – Yes, even the dark mode made my routine a bit more pleasant (especially during late-night prep).
Who is This Suitable For?
- Options Traders Who Follow the Wheel Strategy – If you’re serious about wheel trading, this tool is tailor-made.
- Busy Professionals – No time for manual filtering? This tool gets you from analysis to action in minutes.
- Beginner to Intermediate Traders – If you’re still learning the ropes, the simplified dashboards make it far less overwhelming.
- Data Lovers – If you like tweaking filters and metrics until everything feels just right—this dashboard is for you.
My Personal Experience
I use The Wheel Screener daily as part of my morning pre-market ritual. I usually start by filtering for puts with a delta between 0.2 and 0.3 and sort them by risk-adjusted score. One morning, I spotted a trade on Shopify with a solid score and clean bid-ask spread—it turned out to be one of my smoothest covered calls.
Another day, I noticed an unusually high implied volatility on AMC through the visual IV chart. I avoided it thanks to the score dipping below my threshold, and sure enough, the price swung hard later that week.
Even my friend Paul, who’s newer to options, used it to find trades on lower-priced tickers. He filtered by stock price under $10 and max loss under $500. He told me it gave him “training wheels for the wheel strategy”—and I couldn’t agree more.
Pricing
Let’s break down the current lifetime deal offerings for The Wheel Screener:
Plan | Price | Key Features | Best For |
Starter (1 Code) | $49 (was $149) | Wheel strategy calculator, access to Magnificent 7 dataset, 70+ metrics, filters, Daily Plays newsletter | Beginners, those trading limited tickers |
Premium (2 Codes) | $98 (was $298) | All Starter features + full S&P 500 dataset, full premium dataset, CSV exports | Serious traders, data-focused users |
My suggestion: If you plan to trade across a broad range of tickers or want CSV export and full market access, the 2-code Premium plan is a no-brainer. But if you’re only focused on the Magnificent 7 or want a light intro, the Starter tier still offers solid value. Try The Wheel Screener Today!
Pros and Cons
Pros | Cons |
Easy-to-use dashboard with no spreadsheets | Doesn’t support non-U.S. markets |
Smart filters for delta, DTE, and IV | No support for futures or advanced spreads (yet) |
Daily refreshed options data | Data is collected after the market closes, not real-time |
Strategy simulation tool included | Only supports cash-secured puts and covered calls |
High customizability with metrics and layout | More complex strategies will require their future tool |
Should You Buy It?
If you’re an options trader who loves the wheel strategy but hates wasting time on spreadsheets and second-guessing data, The Wheel Screener could easily become your favorite daily tool. It’s built for people who value both clarity and control, without drowning in data noise.
However, if you’re after more advanced options strategies like iron condors or credit spreads, this might not be your forever solution—yet. You’ll want to keep an eye out for their upcoming full options screener.
FAQs
Q1. What is The Wheel Screener and how does it work?
The Wheel Screener helps you find the best options trades using smart filters and risk-adjusted scores. It’s designed for cash-secured puts and covered calls.
Q2. Is The Wheel Screener Lifetime Deal worth it?
Yes, if you’re focused on wheel trading and want to save hours analyzing data. This lifetime deal gives you full access with no recurring fees.
Q3. Can beginners use The Wheel Screener effectively?
Absolutely. It offers a user-friendly dashboard and filters that make it simple for beginners to spot high-efficiency trades.
Q4. Does The Wheel Screener work for non-U.S. markets?
No, it currently supports only U.S.-traded stocks and indexes, but many global companies listed on U.S. exchanges are included.
Q5. Is this deal the same as The Wheel Screener Premium plan?
Yes, depending on the code tier, you unlock either Starter or Premium features—lifetime access without monthly costs.
Q6. What makes this tool different from other financial analytics software?
The Wheel Screener focuses on simplicity and strategy-specific data, offering over 35,000 ranked contracts with no spreadsheet hassle.]
Simplify Your Trades with The Wheel Screener
Conclusion
If you’re someone who trades options and hates wasting time sorting spreadsheets, The Wheel Screener could be the upgrade you didn’t know you needed. But if you prefer complex strategies like straddles or iron condors, this might feel limited—for now. In my case, it turned my daily prep from a chore into a habit I actually enjoy. It’s clean, fast, and focused—just what I needed. So, if the wheel strategy is your thing, I’d say give it a spin.