Sell closer to the money
$110 a month, instead of $9Real premium again. The account is recovering, not waiting.
Advanced loss mitigation
Your $60 wheel is a $45 stock now. Dead money, or dig out?
You were wheeling at $60, breakeven worked down to $58. Then the stock broke to $45. Calls at your breakeven pay almost nothing now, so the capital just sits, potentially for months, on dead money. Calls closer to the money still pay real premium, and that is the faster way out. It comes with a catch, and the catch is exactly what this feature is for.
Included in Pro. No credit card required to trial.
- One chain-adjusted breakeven across linked wheels
- Always know exactly how far you are from even
Apr 6 · stock at $45.00 · two calls you could sell
$58 call Your old breakeven
$9 premium this month
Nine dollars against a $1,300 hole. At this pace the premium never digs you out; you are waiting on the chart.
$47 call Close to the money
$110 premium this month
Twelve times the premium, and the recovery starts now. The catch: cross the strike and the loss gets booked.
More premium. Faster recovery. One catch.
You take the recovery lane and it works. Right up until the books lose the plot.
The $47 call gets assigned
−$1,300 booked on the sharesCalled away at $47, thirteen dollars under your $60 cost. The loss is real.
Monday: rebuy at $47
$0.00 the new wheel’s memorySame shares, brand-new wheel. Your hole is nowhere on the screen.
Unless you link them.
Link the rebuy to the wheel it came from and the accounting carries through: one breakeven across the chain, one recorded result, and exactly how much you need to recover to get back to even. This is the cycle page once the two wheels are one chain.
Recovery chain
Cycle 2 of 2 open
Unlink
Chain premium P&L +$600.00 Received $6.00 · Cost $0.00 · 2 linked cycles
Unrealized equity P&L +$200.00 100 shares @ $47.00 · current $49.00
Chain net P&L (unrealized) −$500.00 Includes −$1,300.00 equity already realized in the chain · records once when the chain closes
Chain-adjusted cost basis
Cost basis $47.00 Current $49.00 Breakeven $54.00
Current $49.00 is $5.00 below chain breakeven
Chain capital at risk $4,700.00 Current position · Peak $6,000.00 across the chain
The fresh wheel would say $47.00
On its own, wheel two reads +$490 and healthy. The chain remembers the money is not back until $54.00.
The loss stays visible
−$1,300 booked on the shares rides the net card until the chain closes. Nothing pretends to be finished early.
The gap, to the cent
At $49.00 you are $5.00 a share from even: $500, the exact number the net card shows. No guessing.
A deliberate play for a faster recovery.
You are intentionally selling calls closer to the money to recover more premium, quicker. Every call you sell walks the breakeven down, and the chain keeps score on every sync.
$60.00 breakeven with no premium
$600 of calls sold · six $1.00 steps
$54.00 chain breakeven today
The stock sits at $49.00, so you are $5.00 a share from even. Every new $100 of premium is another $1.00 down. That is the whole feature: the distance back to whole, always current, right on the cycle page.
Know it before you run it.
Lower volatility works best
This play suits names that grind, not names that gap. If the stock gaps up through your strike, the rebound you needed leaves without you.
Rebuy near your assignment price
The math depends on stepping back in at or near the price you were called away at. Every extra dollar paid on the rebuy goes straight back onto the chain breakeven.
Your risk stays the same
Linking changes the accounting, not the exposure. PremiumGuard provides the numbers and the analytics that help you mitigate a loss; it does not shrink one.
› 14-day free trial · no credit card
Know exactly what it takes to get back to even.
Link the rebuy to the wheel it came from, and every sync prices the whole recovery: the true chain breakeven, the premium already clawed back, and the dollars still to go. Dig out on numbers, not on a feeling.
- One chain breakeven across linked wheels
- One result when the chain closes
- Withdrawal math that waits for the recovery
- Unlink any time, nothing lost