PremiumGuardHQ is the analytics platform for wheel traders. Auto-detect every cycle. See your real win rate, premium yield, capital at risk, and the safe withdrawal amount, across Schwab, IBKR, Robinhood, and Fidelity.
No credit card required · cancel anytime
Premium yield, capital efficiency, equity drag, all computed on closed cycles, not vanity stats. Sell closer-to-the-money strikes confidently because you can see exactly what you’ve been earning, and at what risk.
Capital at risk across every open cycle and standalone option, with per-position allocation surfaced live. Catch concentration before you sell the next put, not after a stock you’re heavy on gaps down.
Closed-cycle profits, previous withdrawals, and your equity target, reconciled into one number. The math you’d run by hand, done every sync.
Four views, one workspace. Open Cycles for what’s working, Safe Withdrawal for what’s safe to take, Capital at Risk for where you’re exposed, Scorecard for what’s earned. Scroll the workspace. Everything stays in view.
| Date | Action | Strike | Qty | Premium | Net |
|---|---|---|---|---|---|
| Apr 3, 2026 | Sell to open · put | $217.50 | 1 | $1.85 | +$185.00 |
| Apr 10, 2026 | Assigned · put | $217.50 | 1 | – | – |
| Apr 11, 2026 | Sell to open · call | $220.00 | 1 | $2.00 | +$200.00 |
| Apr 24, 2026 | Mark to market | – | – | – | +$265.00 |
Every open cycle, fully reconciled. Premium captured, equity exposure, adjusted breakeven, every trade in the chain. Live quotes via Finnhub. The state is on the screen. The next move is yours.
Income from the wheel without eroding the engine. Above target: take the full gross. Surplus: gross minus the gap. Below target: a fraction of gross. The math you’d run by hand, done every sync, on every cycle.
Derisk by avoiding concentration. Per-position allocation live, across every open cycle. The wheel works best when no single assignment can threaten your base capital. Spot it before you sell the next put.
| Rank | Symbol | Cycles | Win % | Premium | Equity | Net P&L |
|---|---|---|---|---|---|---|
| 1 | MSFT | 12 | 83% | +$1,860 | +$280 | +$2,140 |
| 2 | AAPL | 11 | 82% | +$1,540 | +$220 | +$1,760 |
| 3 | NVDA | 8 | 75% | +$1,220 | +$140 | +$1,360 |
| 4 | GOOGL | 6 | 67% | +$640 | −$80 | +$560 |
| … 8 mid-rank symbols hidden | ||||||
| 13 | WBA | 4 | 25% | +$180 | −$840 | −$660 |
| 14 | F | 3 | 33% | +$120 | −$1,040 | −$920 |
Stop wheeling losers. The Scorecard surfaces the names that have actually earned you premium, and the ones bleeding equity through assignments. Decide based on your own track record, not vibes.
The market isn’t the biggest risk for wheel traders. Drifting from your own rules is. Insights reads every account overnight and after every sync, flags the moment your trading slips from the strategy you declared, and surfaces the open risk and track-record signals that need your attention. Everything else stays quiet.
NVDA reports earnings Jul 22, two sessions before your Jul 24 $172.50 short put expires. 2 contracts open.
MSFT is 31.4% of your open capital at risk. The cap you declared is 25%.
TSLA across 9 closed cycles: +$4,820 premium, −$3,150 equity, net +$1,670.
PLTR cycle open 74 days, 2.3× your median cycle length.
acknowledged · resurfaces only if severity escalatesEarnings inside your expiration week. A short put drifting toward the money. One ticker creeping past a third of your capital. Surfaced before the open, not after the damage.
Which tickers earn their place, which quietly bleed, and which open cycles have gone stale. Read from your actual fills, not your memory of them.
Tell it how you trade: concentration cap, strike range, pace. It speaks up when your fills start drifting from the plan.
Every insight shows the exact numbers behind it, and none of them ever tells you to trade. You see what changed. The call stays yours.
Included with Pro See pricing
Schwab OAuth, IBKR Flex token, Robinhood and Fidelity via SnapTrade, or CSV. Read-only data sync. No order placement, no migration, no re-keying positions.
OAuth secure connection. Live positions, fills, expirations, and margin. Read-only.
Flex Web Service token. Multi-account aggregation, combo orders parsed natively, multi-currency normalized.
SnapTrade secure connection. Log in on SnapTrade’s portal, never on PremiumGuardHQ. Read-only positions and transactions.
SnapTrade secure connection. Read-only access to positions and transaction history. No credentials shared with PremiumGuardHQ.
Schwab, IBKR, Robinhood, and Fidelity formats auto-detected. Drag-drop your export and reconcile with manual entries.
Your capital never leaves your broker. We can read your trade history; we cannot place a single trade. Here is exactly what we do, what we can’t do, and how to delete your data when you’re done.
The only Schwab API scopes we requested are account & transaction reads. Trading endpoints are not in our OAuth grant, so even our own backend can’t place an order on your behalf.
scopes · accounts:read · transactions:read You generate the token in IBKR Account Management and paste it into PremiumGuard. We never see your IBKR username, password, or 2FA. Revoke it from IBKR any time.
scope · flex report read-only Your data is encrypted at rest. Application queries are row-level scoped to your account; no other user can ever see your individual data. Internal tools work with your account only for support you request, or with de-identified aggregates computed across many accounts.
postgres · per-user RLS policies · AES-256 Settings → Delete account. No retention “just in case” once the account is deleted. The exact deletion path depends on your subscription state. Full details on the security page.
retention · 0 days after account deletion All application servers and databases are hosted in US data centers. No off-shore data processing. SOC 2 audit in progress with our hosting provider.
region · us-east-1 · cloudflare wrapped Questions about how we handle your data? Email support@premiumguardhq.com. A real engineer will answer.
I learned the wheel from a mentor who runs a multi-million-dollar covered-call fund. I still sit in on their trades every month. The methodology worked. The accounting didn’t.
Brokerages adjust cost basis for wash sales and premiums received, so what they show on screen isn’t your real P/L. I spent two years withdrawing premium as income, slowly eroding my equity base every time a stock got assigned below cost.
I needed three numbers I could trust: Premium P/L. Equity P/L. Net Income. Nobody was building that. So I built it.
Stats reflect the founder’s personal book using PremiumGuard’s methodology. Yield is shown as a rolling illustrative figure, not a forecast. Past performance does not guarantee future results.
See the methodologyFrom connecting your first broker to your first decision-grade number. About six minutes, most of it backfill running in the background.
Schwab via OAuth. IBKR via Flex Web Service token. Robinhood and Fidelity via SnapTrade. Or drop a broker CSV export. Two-way sync; we handle token refresh.
Your trade history streams in. Cycles auto-detect: opens, rolls, assignments, closes. Wheel, standalone, and zero-duration cycles classified. No tagging, no spreadsheet cleanup.
Real win rate. Real premium yield. Real capital at risk. Real recommended withdrawal. Updated every sync. The decisions stay yours.
Practical writing on running the wheel for income: assignment, cost basis, premium accounting, and withdrawals.
What realistic wheel strategy returns look like: premium yield vs total return, why 20% claims mislead, margin math, and how closed cycles keep score.
A repeatable monthly workflow for selling covered calls: strike selection by delta, roll decisions with net-credit math, and income verified at cycle close.
Most covered call spreadsheets break the moment you roll. Seven Excel formulas that keep your cost basis, break-even, and monthly income honest through rolls, assignment, and partial lots.
Connect a broker. Backfill your cycles. See your real wheel analytics: every Monday, every Sunday night, any time you want them. Cancel before day 14 if it isn't the tool you wish you'd had three years ago.