How to Use the Options Screener - Find High-ROI Wheel Strategy Opportunities
The SecurePutCalls options screener is the fastest way to surface cash-secured put and covered call opportunities that meet your specific criteria across hundreds of stocks and ETFs. This tutorial explains every filter parameter, how to interpret the results, and how to build a repeatable screening workflow that fits into your daily trading routine without taking more than a few minutes each session.
Start by selecting your screening mode: Wheel Strategy mode pre-configures filters for high-probability cash-secured puts, while Advanced mode opens every available filter for custom configurations. Key filters to configure include minimum annualized ROI (most wheel traders target 20 to 40 percent), delta range (the 20 to 35 range represents the sweet spot between premium income and assignment probability), minimum probability of profit, and days to expiration range. The bid-ask spread quality filter automatically excludes illiquid options where the spread would significantly erode your premium.
Results rank by the Wheel Score composite metric by default, but you can sort by any column. Click any result to launch the full analyzer pre-populated with that specific contract for detailed review before trading. Save your favorite filter combinations as named presets to instantly apply your standard screening criteria each session. Set up email or push notification alerts so the screener proactively notifies you when new opportunities matching your saved presets appear between your active screening sessions.