Defined-risk options income, automated
One strategy, executed with discipline. Sell laddered put credit spreads week after week, roll when challenged, take assignment on your terms, and wheel the shares for income — every entry defined-risk, every rule enforced by software instead of willpower.
Paper-trade first · Your brokerage, your keys · No performance promises
The ladder
Instead of one big position, the strategy sells a small put credit spread each week on weakness — a ladder of independent rungs across expirations. A bad week touches one rung, not your whole allocation.
Sell put credit spread
on a red day
Sell the next rung
new expiration
Sell the next rung
ladder builds
First rung expires
keep the credit
The lifecycle
Most option sellers improvise when a trade goes against them. The Leveraged Ladder Wheel is a full state machine — whatever the market does, the position transitions to a defined next state instead of a judgment call.
Collect premium with risk strictly capped by the long wing. Strikes sit outside the market's expected move; entries wait for red days and skip earnings weeks.
If price presses the short strike, the spread rolls to a wider wing for a net credit instead of panic-closing. Total risk stays inside a pre-set ceiling.
Challenged again after a roll? The protective wing is closed and the short put stands alone — now a cash-secured put on a stock you were paid to wait for.
If the put finishes in the money, you buy 100 shares at your strike, with every credit collected along the way lowering the real cost basis.
Covered calls go out against the shares week after week, generating income until the stock is called away — completing the wheel.
Collected premium can fund long-dated calls on deep pullbacks — upside bought entirely with income the ladder already produced, never fresh capital.
Why it holds up
No performance fantasies here — options selling carries real risk. What the system offers is mechanical discipline: rules that cap losses, meter exposure, and remove the emotional mistakes that sink most sellers.
Every position opens as a spread with a long wing capping the maximum loss. No naked options, no undefined risk, ever.
You set a total allocation and a symbol limit; the automation refuses entries that would breach either. It cannot over-allocate, even when the setup looks perfect.
Red-day pricing, strikes outside the expected move, minimum return-on-risk, minimum implied-volatility rank, and no positions across earnings. If the market doesn't offer the setup, the bot simply waits.
A symbol fighting its ladder stops receiving new rungs until it resolves. The system never averages down into a falling knife.
Rolls, conversions, and exits fire from rules, not emotions — the same discipline on week 40 as on week 1.
Trades run through your own Tradier brokerage account with your API keys. Paper-trade the whole system before a single real dollar moves.
Free every Sunday
A broad-market weekly recap with a Leveraged Wheel overlay — trend filters, entry regimes, and what the ladder is watching. Free to read; waiting-list members get it in their inbox.
From the desk
Brent at $111, WTI at $98, and only eight tankers a day clearing the Strait of Hormuz — down from 129 pre-war. The 2026 Iran-war energy tape has produced the cleanest implied-vs-realized vol gap in oil options since 2008. Inside: the three-strike XLE wheel anchored to the dealer-gamma flip levels, the USO long strangle sized to the implied move, the four-cell P&L matrix that pays in three of four scenarios, and the $76 weekly-close kill switch on Brent.
Bitcoin sits at $78K on day 740 of the post-2024 halving cycle — the right edge of the historically highest-probability return window — but the four-year cycle has been compressed by spot-ETF flows, corporate treasuries, and IBIT options gamma. Inside: the day-by-day cycle compression chart, the three-strike IBIT wheel with strike ladders for June and July expiries, the four-cell P&L matrix, and the weekly-close kill switch at $62K BTC.
Spot uranium just crossed $100 a pound for the first time since 2007. Microsoft, Amazon, Meta, and Nvidia have all locked in long-dated nuclear contracts. The cleanest defined-risk way to own the AI power decade is the wheel strategy on URA, CCJ, and CEG — a three-stock basket sized to pay you three ways: put premium up front, dividends and price appreciation while assigned, and call premium and capital gains on the call-away.
Questions
A systematic options-income strategy: laddered weekly put credit spreads that roll wider when challenged, convert to cash-secured puts when challenged again, accept assignment, and then wheel the shares with covered calls. Collected premium can later fund LEAPS on deep pullbacks. Every stage is defined-risk and rule-driven.
Yes. The platform connects to your own Tradier account using API keys you provide. Your money never leaves your brokerage — the software only places orders you've authorized it to manage.
That's the default. With a Tradier sandbox key the entire strategy runs as paper trading — same rules, same automation, simulated fills — until you deliberately enable live trading.
No. This is software that executes a rules-based strategy you configure and control. Options trading involves substantial risk of loss, and you are responsible for your own decisions. Read the risk disclaimer before trading.
The platform is in private testing. Join the waiting list and you'll get progress updates from the blog plus the free weekly digest — and an invitation when your spot opens.
Private beta
Access opens in waves while the strategy runs in live testing. Waiting list members get the free weekly digest, build updates on the blog, and first crack at new spots.
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