A simple wheel strategy profit calculator
Wheel Strategy Calculator Extension
Easily calculate potential profits for Covered Calls & Cash-Secured Puts before placing a trade! 💰
It works as a simple popup that allows you to input key trade details and instantly see potential profits or losses.
✨ Features:
✅ Net Outcome if Exercised – See your final profit when assigned.
✅ Net Outcome if Not Exercised – Know your gains if the option expires worthless.
✅ Net Outcome from Early Buyback – Calculate potential profit when closing early.
📊 Make smarter trades with clear profit insights! 🔥
The Wheel Strategy consists of selling cash-covered puts and covered calls to generate income while potentially acquiring and selling stock.
- Cash-Covered Puts (CCP) 💰📉 – You start by selling a put option on a stock you’d be willing to own. If the stock stays above the strike price, you keep the premium as profit. If it drops below, you buy the stock at the strike price using the cash you set aside.
- Covered Calls (CC) 📈📊 – Once you own the stock, you sell call options against it. If the stock stays below the strike price, you keep both the stock and the premium. If it rises above, your shares may be sold at the strike price, locking in a profit.
This cycle can be repeated 🔁 to continuously generate income while managing risk!
Source Manifest.json
Similar Extensions
WPS PDF - Read, Edit, Fill, Convert, and AI Chat PDF with Ease 0 110 ★ 6.01MiB
Shazam: Find song names from your browser 0 22855 ★ 587KiB
IE Tab 0 19117 ★ 940KiB
Sider: ChatGPT Sidebar + GPT-4o, Claude 3.5, Gemini 1.5 & AI Tools 0 68759 ★ 13.41MiB
BetterTTV 0 10377 ★ 657KiB
Google Dictionary (by Google) 0 13680 ★ 47.37KiB
Google Input Tools 0 5372 ★ 734KiB
Video DownloadHelper 0 22351 ★ 1.36MiB
Take Webpage Screenshots Entirely - FireShot 0 43664 ★ 12.14MiB
Smallpdf—Edit, Convert, Compress, & AI Summarize PDF 0 2967 ★ 1.15MiB
Monica: ChatGPT AI Assistant | GPT-4o, Claude 3.5, Gemini 1.5, o1 &More 0 17928 ★ 23.98MiB
Lightshot (screenshot tool) 0 6925 ★ 685KiB
ChatGPT for Google 0 3642 ★ 11.17MiB
AIPRM for ChatGPT 0 2809 ★ 313KiB
Immersive Translate - Translate Web & PDF 0 1114 ★ 3.19MiB
Ecosia - The search engine that plants trees 0 2394 ★ 33.62KiB
Enhancer for YouTube™ 0 15709 ★ 426KiB
Pie Adblock: Block Ads, Get Paid 0 3198 ★ 6.49MiB
Scrnli - Screen Recorder & Screen Capture App 0 9370 ★ 3.16MiB
BlockSite: Block Websites & Stay Focused 0 29776 ★ 18.42MiB
YouTube Summary with ChatGPT & Claude 0 1829 ★ 894KiB
Wordtune: AI Writing, Paraphrasing, and Grammar Tool 0 2397 ★ 2.79MiB
Keywords Everywhere - Keyword Tool 0 5672 ★ 776KiB
Screen Recorder and Screenshot Tool 0 879 ★ 1.13MiB