About WheelMetrics
WheelMetrics is an educational resource dedicated to helping retail investors systematize The Wheel Strategy, the options trading approach that cycles between selling cash-secured puts and covered calls on stocks you actually want to own long-term.
I provide quantamental stock screening, specific options setups, and the kind of systematic guidance I wish I’d had when I started investing through free blog tutorials, a weekly newsletter, and WheelMetrics Pro, a premium weekly screening package.
That would be me, Adrian Rosebrock. I have a PhD in computer science with a focus in AI, computer vision, and deep learning. I also manage a small friends-and-family investment fund called AltFnd Capital.
Before going deep into quantitative trading, I previously built and sold PyImageSearch, which became the largest AI education platform online. You can read the full story on the About page.
I have a PhD in computer science specializing in AI, computer vision, and deep learning. During grad school I built PyImageSearch, which grew into the largest computer vision and deep learning education platform online.
Along the way I authored 9 books, 2 courses, and 500+ tutorials, and a built a massive community of developers and researchers. I sold the company in 2021 and spent the next several years going deep into quantitative trading, investing, and portfolio management.
Today I manage a small friends-and-family investment fund called AltFnd Capital. I’ve been actively investing since my early 20s.
Honestly? Because my friends wouldn’t stop asking me for investment advice. I’d recommend a good financial advisor first, and then teach the Wheel Strategy to those who wanted to take a more active role in growing their wealth.
One friend suggested I build a site to help others the same way I’ve helped them. I thought it sounded fun. So here we are.
Retail investors and traders who already understand the basics of the Wheel Strategy but struggle with the hard part: knowing which stocks to run it on, when to close positions, and having the discipline to follow a system instead of their gut.
If you’ve been selling puts on meme stocks because the premium looked good and then panicked when you got assigned, you’re in the right place. Typical account sizes range from $10K to $500K+.
The best way to support WheelMetrics is to join WheelMetrics Pro — it’s how the site stays independent and ad-free.
Beyond that, join the newsletter and share the site with a friend. Word of mouth is a huge help.
The Wheel Strategy
The Wheel Strategy is a systematic options trading approach that cycles between selling cash-secured puts (CSPs) and covered calls (CCs) on stocks you genuinely want to own. You collect premium income while potentially acquiring shares at a discount (I like to think of it as “Getting paid to wait until your limit order is filled”).
The Wheel Strategy is not passive income. It’s not a money printer. And it’s definitely not a get-rich-quick scheme. It’s active portfolio management with a premium collection overlay. Check out What is the Wheel Strategy? for the full breakdown.
Minimum $10,000, but I’d recommend $25,000+ to get meaningful diversification. At $10K–$20K you’re limited to 1–4 positions and one assignment can tie up half your capital — it works as a learning account, but don’t expect life-changing income.
The sweet spot for beginners is $25K–$50K, where you can run 4–6 positions and actually weather mistakes. At $50K+, you have real flexibility. I break this down in detail in What is the Wheel Strategy?
Anyone promising you specific guaranteed returns is lying. That said, realistic ranges based on approach:
- Conservative (12–18% annually)
- Moderate (18–25%)
- Aggressive (25–30%+).
The key variables are stock selection quality, position sizing discipline, and market conditions.
Poor stock selection, chasing premium, and emotional decision-making are what kill returns. I go deeper on this in What is the Wheel Strategy?
Why Should I Trust You?
Fair question. Here’s the thing — AltFnd Capital and WheelMetrics are two completely separate strategies. AltFnd is a small friends-and-family fund that runs a longer-term buy-and-hold thesis, typically 12+ months, to take advantage of long-term capital gains. I run the Wheel in my personal portfolio and for friends, not in the fund. Some stocks overlap, some don’t. They’re different strategies with different goals.
WheelMetrics is an educational resource I run because I enjoy it. There are plenty of retail investors in the $10K–$500K range who want more control and autonomy over their money. That’s who I intend to serve at WheelMetrics.
You don’t — not yet. And honestly, you should be skeptical. The investing and trading education space is full of people selling dreams they can’t deliver.
Here’s what I can tell you:
I show my work. Every stock recommendation comes with the reasoning behind it:
- How it was screened
- Why that strike was selected
- What the risk profile looks like
When market conditions don’t favor the Wheel? I’ll tell you to sit on your hands. The best trade is sometimes no trade at all.
And I don’t ask you to take my numbers on faith either. I hired an independent CPA to verify my real-money results straight from the brokerage records.
You can read the full verification report yourself.
I won’t promise guaranteed returns, because no honest trader can. But between showing my work, sitting out when the setup isn’t there, and paying an outside party to check my numbers, I’ve done what I can to take “trust me” out of the equation. Read the free content, poke at the report, and decide for yourself.
Yes. I trade the Wheel with my own money and share the performance metrics publicly. However, the trading space is full of gurus and scammers, so I respect that self-reported numbers only prove so much.
So I take it a step further: I hired an independent CPA to check my reported numbers straight from the brokerage records.
Piyush Roy, CPA (California CPA License #121948) verified the WheelMetrics portfolio for January 1 through May 31, 2026, including 26 trades closed, a 92.3% win rate, and a 12.69% period return, with $0 deposited or withdrawn during the period. He recomputed every figure from my Charles Schwab records himself and verified they were correct.
Note, this isn’t a full audit. A real audit can cost north of $10K. When WheelMetrics is large enough to justify that, I’ll start paying for formal audits, but I can’t afford one yet given the size of WheelMetrics currently. For now it’s an independent verification under AICPA agreed-upon procedures.
I plan on publishing a new verified report every six months, win or lose, moving to quarterly as WheelMetrics grows.
Content / Newsletter
The blog, the tutorials, and the newsletter are all 100% free, and always will be.
WheelMetrics Pro is a premium weekly stock + options screening package ($45/month or $450/year) that includes curated stock screener spreadsheets, filtered options scans, and a weekly write-up with specific setups and analysis.
WheelMetrics Pro is a premium weekly screening package for serious Wheel traders. Every Monday, subscribers receive:
- A curated stock screener spreadsheet (5-10 pre-screened stocks with quality scores, fundamental grades, and valuation metrics)
- Filtered options scans (cash-secured put and covered call setups with strike prices, delta, DTE, and premium analysis)
- A weekly write-up with specific setups, full thesis and risk profiles, and what I’m doing with my own capital that week
Plans start at $45/month (or $450/year to save $90). Both include a 30-day money-back guarantee.
The free Weekly Wheel newsletter gives you my weekly market summary, general analysis, and the themes I’m watching. WheelMetrics Pro gives you everything behind that analysis: the full stock screener analysis, filtered options scans with specific strikes, deltas, and annual yields, deep-dive focus picks with complete thesis write-ups, my running watchlist, and exactly what I’m doing with my own positions that week. The free newsletter tells you what I’m thinking. Pro shows you exactly what I’m trading and why.
Great question, and a fair one. I actually get it a lot.
ThetaScanner and Option Samurai are options scanners (ThetaScanner is the one I use for my own trades). They filter options by delta, IV, strike range, and premium to surface potential setups.
However, ThetaScanner (or any options screener) does not tell you which stocks you should be Wheeling.
As you’ve likely found out, success with the Wheel Strategy is less about the options you choose and instead on which stocks you are Wheeling. Yes, you need to know how to screen for options. But it’s actually more important to know the stocks. I always tell people, if you have $1 in your pocket and you’re going to The Wheel Store, you should spend $0.90 of that dollar on your stock screener and the other $0.10 on the option screener.
That’s the gap WheelMetrics Pro fills.
My system only shows you setups on stocks that already passed the fundamentals screen — stocks you’d actually want to own if you got assigned. For each one, you get cash-secured put and covered call setups with specific strikes, delta targets, DTE windows, and premium analysis.
No meme stocks. No low-quality, high-premium traps. Only setups worth your capital.
So the two work together. Use ThetaScanner (or any options screener) to filter options, and use WheelMetrics Pro to know which stocks belong in that screener in the first place.
I publish a new tutorial every week on Monday, along with a weekly email newsletter.
The newsletter covers educational content, frameworks, and thinking tools to help you become a better Wheel trader. Additionally, I provide stock picks, market commentary, and lessons from my own trades that week.
Head over to the newsletter signup page and drop in your email. It’s free, and you can unsubscribe anytime.
Tools & Resources
For retail traders, I strongly recommend ThetaScanner. The tool is purpose-built for Wheel traders, allowing you to filter by ROI, annualized yield, delta, theta, and more.
ThetaScanner is what I use to scan for my own Wheel trades, and at $5.99/month it’s the best value in this space by a wide margin.
Use code WHEELMETRICS for 10% off (recurring) on both monthly and yearly plans for ThetaScanner.
Two other screeners worth knowing about:
- QuantWheel: Also purpose-built for the Wheel. More features, higher price point. Worth a look if you want more granularity.
- Option Samurai: A full options screener, not limited to the Wheel. If you trade multiple strategies beyond just CSPs and CCs, this covers more ground. Also more expensive.
I’ve tried all three. ThetaScanner does what I need at a price that makes sense for most account sizes.
I really like OptionWheelTracker.ai for tracking Wheel trades.
While ThetaScanner is my go-to for finding trades, once a position is open you need somewhere to track it — from the initial CSP, through assignment, into covered calls, and eventually getting called away. That’s exactly what OptionWheelTracker does.
The standout feature on OptionWheelTracker is the wheel cycle visualization. You get a nicely formatted view showing the complete journey for each ticker (put sale, assignment, stock holding, covered calls) with cumulative premium tracked across the entire cycle.
When a put gets assigned, the stock automatically moves into your Positions tracker with an adjusted cost basis. No manual re-entry, no spreadsheet gymnastics.
It also has an expiration calendar, a daily workflow view that buckets your trades by what needs attention, and a dashboard that benchmarks your performance against the S&P 500 (one of my personal favorite features).
If you’re tracking your wheel trades in a spreadsheet right now, this is the upgrade. It understands the wheel cycle natively, and it’s not a generic options tracker you have to hack into working for CSPs and covered calls.
Support
I provide educational resources and general guidance through the blog and newsletter, but, for legal reasons, I cannot provide one-on-one personalized investment advice through WheelMetrics.
I can help you from an educational standpoint, including teaching concepts, frameworks, and how I think about the strategy, but that is where the support ends.
I do manage money privately for a small group through AltFnd Capital, but WheelMetrics is the educational venue — not a path to managed accounts.
Absolutely. I do my best to personally respond to every email. But keep in mind that WheelMetrics is a free resource and I’m very busy — please, one question per email, and kindly be patient with a reply. You can reach me through the contact form.
I’d prefer you didn’t. I believe in work/life balance, and social media isn’t the right venue for trading questions. If you have a question related to WheelMetrics, please be respectful and keep it in the appropriate place. Use the contact form to reach me directly.
I appreciate the interest, but no — I can’t do one-on-one calls. Between managing a fund, running this site, and, you know, living — I don’t have the bandwidth. Everything I’d tell you on a call is (or will be) in the blog and newsletter. If you have a specific question, use the contact form and I’ll do my best to help over email.
Maybe. I don’t really consult “for money” anymore (only if the project sounds fun and interesting). If you have something in mind, use the contact form and we can discuss over email.
Privacy
Yes — just use the contact form and let me know your old and new email address. I’ll update it in the system.
Click the “Unsubscribe” link at the bottom of any email I send. No hard feelings.
Disclaimer
No. WheelMetrics is an educational and informational resource, not a registered investment advisor, broker-dealer, or financial planner. Nothing on this site is personalized investment advice or a recommendation to buy or sell any security.
All content, including articles, newsletters, stock screening results, options setups, market commentary, are for educational purposes only. Options trading carries substantial risk, and you can lose some or all of your capital. You’re solely responsible for your own investment decisions, and you should consult with a qualified financial advisor before making any trades. For the full legal language, read the Terms and Conditions.
