Options trading signals and strategy research

TradingSignalAI offers eleven options strategy tools. Each applies filters designed for that structure, and each shows the capital, breakeven and worst-case figures that matter for it.

Signals are ranked research output, not recommendations. Choose a strategy by the risk you are willing to carry, not by the largest premium on screen.

Income

Covered Call Screener & Trading SignalsFind covered calls against recorded share lots. Compare premium, delta, strike distance and expiration, with clear assignment and stock downside risks.
Cash-Secured Put Screener & SignalsResearch cash-secured puts with premium, collateral, delta and expiration metrics. Understand breakeven, assignment and the risk of owning the shares.
Buy-Write Screener & Covered Call ResearchCompare stock-plus-call entries using gross budget, premium income and called-away return. Examine entry costs and stock downside before placing a trade.
Wheel Strategy Screener & Assignment ResearchResearch cash-secured put entries and the covered-call scenario if assigned. Understand collateral, share ownership and the limits of future-income estimates.

Defined-risk spreads

Long-dated options

All eleven structures at a glance

Every diagram uses the platform's payoff model on a hypothetical stock. Illustrative examples, not quotes.

Income

Covered call

Shares plus a short call: premium is collected, upside stops at the strike, and the stock can still fall.

Illustrative example

Own
100 shares
Sell
$210 call

Stock $200.00K 210

Profit zoneLoss zoneStock priceBreakeven

Example stock: $200.00
Premium income: $420
Breakeven: $195.80
Total position max profit: $1,420
Max loss: -$19,580
Evaluated at: Expiration

Cash-secured put

Cash set aside behind a short put: premium is collected and shares are bought at the strike if assigned.

Illustrative example

Sell
$190 put

Stock $200.00K 190

Profit zoneLoss zoneStock priceBreakeven

Example stock: $200.00
Premium income: $310
Breakeven: $186.90
Max profit: $310
Max loss: -$18,690
Evaluated at: Expiration

Buy-write

Shares and a short call opened together, so the premium lowers the effective cost of the shares.

Illustrative example

Buy
100 shares
Sell
$52.50 call

Stock $50.00K 52.5

Profit zoneLoss zoneStock priceBreakeven

Example stock: $50.00
Call premium: $140
Breakeven: $48.61
Total position max profit: $389.35
Max loss: -$4,860.65
Evaluated at: Expiration

Wheel (initial put)

The wheel starts as a cash-secured put. This diagram shows only that first step.

Illustrative example

Sell
$95 put (first step)

Stock $100.00K 95

Profit zoneLoss zoneStock priceBreakeven

Example stock: $100.00
Entry credit before fees: $200
Breakeven: $93.01
Max profit: $199.35
Max loss: -$9,300.65
Evaluated at: Expiration

Defined-risk spreads

Bull put credit spread

Sell a put and buy a lower put: a credit now, with loss limited to the spread width minus the credit.

Illustrative example

Sell
$95 put
Buy
$90 put

Stock $100.00K 90K 95

Profit zoneLoss zoneStock priceBreakeven

Example stock: $100.00
Entry credit before fees: $120
Breakeven: $93.81
Max profit: $118.7
Max loss: -$381.3
Evaluated at: Expiration

Bear call credit spread

Sell a call and buy a higher call: a credit now, with loss limited to the spread width minus the credit.

Illustrative example

Sell
$105 call
Buy
$110 call

Stock $100.00K 105K 110

Profit zoneLoss zoneStock priceBreakeven

Example stock: $100.00
Entry credit before fees: $110
Breakeven: $106.09
Max profit: $108.7
Max loss: -$391.3
Evaluated at: Expiration

Bull call debit spread

Buy a call and sell a higher call: pay a debit, with gain and loss both limited.

Illustrative example

Buy
$100 call
Sell
$105 call

Stock $100.00K 100K 105

Profit zoneLoss zoneStock priceBreakeven

Example stock: $100.00
Entry debit before fees: $230
Breakeven: $102.31
Max profit: $268.7
Max loss: -$231.3
Evaluated at: Expiration

Bear put debit spread

Buy a put and sell a lower put: pay a debit, with gain and loss both limited.

Illustrative example

Buy
$100 put
Sell
$95 put

Stock $100.00K 95K 100

Profit zoneLoss zoneStock priceBreakeven

Example stock: $100.00
Entry debit before fees: $220
Breakeven: $97.79
Max profit: $278.7
Max loss: -$221.3
Evaluated at: Expiration

Iron condor

A put credit spread plus a call credit spread: collects a credit if the stock stays between the short strikes.

Illustrative example

Buy
$90 put
Sell
$95 put
Sell
$105 call
Buy
$110 call

Stock $100.00K 90K 95K 105K 110

Profit zoneLoss zoneStock priceBreakeven

Example stock: $100.00
Entry credit before fees: $180
Breakeven: $93.23, $106.77
Max profit: $177.4
Max loss: -$322.6
Evaluated at: Expiration

Long-dated options

PMCC

A long-dated call stands in for shares and a nearer call is sold against it. Two expirations, so the curve is modeled.

Illustrative example

Buy
$70 call, Oct 2027
Sell
$105 call, Oct 2026

Stock $100.00K 70K 105

Profit zoneLoss zoneStock priceBreakeven

Example stock: $100.00
Net entry debit: $3,071.30 including entry fees
Breakeven (modeled): $99.22
Max profit: Not fixed
Max loss: Not fixed
Evaluated at: Short expiry

LEAPS call

One long-dated call: the premium paid is the most the position can lose.

Illustrative example

Buy
$80 call, Dec 2027

Stock $100.00K 80

Profit zoneLoss zoneStock priceBreakeven

Example stock: $100.00
Entry debit before fees: $2,650
Breakeven: $106.51
Max profit: Not capped
Max loss: -$2,650.65
Evaluated at: Expiration

Strategy comparison matrix

Strategy comparison

Structural characteristics of each tool. These are descriptions, not scores or rankings.

Strategy	Directional view	Structure	Capital basis	Worst case
Covered calls	Neutral to bullish	100 shares + short call	Cost of 100 shares	Stock falls, upside capped
Cash-secured puts	Neutral to bullish	Short put + cash	Strike x 100 in cash	Stock falls well below strike
Buy-write	Bullish to neutral	Buy shares + sell call together	Cost of 100 shares	Stock falls, upside capped
Wheel strategy	Neutral to bullish	Cash-secured put, then covered call	Strike x 100 in cash	Stock falls below strike
Bull put credit spreads	Bullish	Short put + lower long put	Width minus credit	Width minus credit, x 100
Bear call credit spreads	Bearish to neutral	Short call + higher long call	Width minus credit	Width minus credit, x 100
Bull call debit spreads	Bullish	Long call + higher short call	Net debit	The debit
Bear put debit spreads	Bearish	Long put + lower short put	Net debit	The debit
Iron condors	Range-bound	Put credit + call credit spread	Wider wing minus credit	Wider wing minus credit, x 100
LEAPS	Bullish	One long-dated call	Call premium	The premium
Poor man's covered call (PMCC)	Bullish to neutral	Long-dated call + short-dated call	Net debit	Modeled, not a fixed figure

Choosing between strategies

A first-pass guide. Every row has risks described on its page.

If you want to research	Capital needed	Worst case	Tool
Income on shares you hold	100 shares per contract	Stock falls, premium offsets little	Covered calls
Being paid to wait to buy a stock	Strike x 100 in cash	Stock falls below strike	Cash-secured puts
Credit with a defined loss	Width minus credit	Width minus credit, times 100	Credit spreads
Directional view, defined cost	The net debit	The debit	Debit spreads
A range-bound view	Wider wing minus credit	Wider wing minus credit, times 100	Iron condor
Long-dated stock-like exposure	The call premium	The premium	LEAPS and PMCC

Understand the research before using it

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