--- title: "Frequently Asked Questions" description: "Do you have any questions? I may have answered it before. Use this page to browse and search for frequently asked questions on the WheelMetrics." canonical: https://wheelmetrics.io/faq/ --- > For the complete WheelMetrics content index, see [llms.txt](https://wheelmetrics.io/llms.txt). This is the Markdown edition of https://wheelmetrics.io/faq/. # Frequently Asked Questions ## About WheelMetrics ### What is WheelMetrics? WheelMetrics is an educational resource dedicated to helping retail investors systematize **[The Wheel Strategy](https://wheelmetrics.io/blog/wheel-strategy-guide/)**, 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](https://wheelmetrics.io/pro/), a premium weekly screening package. ### Who is behind WheelMetrics? 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](https://wheelmetrics.io/about/). ### What is your background? 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 five 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. ### Why did you create WheelMetrics? **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. ### Who is WheelMetrics for? 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+. ### How can I support WheelMetrics? The best way to support WheelMetrics is to join [WheelMetrics Pro](https://wheelmetrics.io/pro/) — it's how the site stays independent and ad-free. Beyond that, join the [newsletter](https://wheelmetrics.io/newsletter/) and share the site with a friend. Word of mouth is a huge help. ## The Wheel Strategy ### What is 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?](https://wheelmetrics.io/blog/what-is-the-wheel-strategy/) for the full breakdown. ### How much money do I need to start the Wheel Strategy? 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?](https://wheelmetrics.io/blog/what-is-the-wheel-strategy/#who-is-the-wheel-strategy-for) ### What kind of returns can I expect from 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?](https://wheelmetrics.io/blog/what-is-the-wheel-strategy/#what-returns-can-you-expect-from-the-wheel-strategy) ## Why Should I Trust You? ### You already run a fund — why bother with WheelMetrics? 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. ### If you're so good at trading, why share your strategy? **The Wheel Strategy isn't some proprietary secret — it's well-known and widely discussed on Reddit, YouTube, and across options trading communities.** I strongly believe that long-term investing success is based less on the strategy and more on the *discipline* to execute it. The edge _isn't_ in knowing the mechanics. It's in having a systematic process for stock selection, position sizing, and exit rules (and actually following that process when your brain panics and tells you otherwise). Sharing how I do it doesn't diminish my returns. If anything, teaching forces me to think more clearly about my own process. ### How do I know this isn't just another guru scam? 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.](https://wheelmetrics.io/blog/wheelmetrics-pro-verified-results-2026-h1/) 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.** ### Is your track record real and independently verified? 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](https://wheelmetrics.io/blog/wheelmetrics-pro-verified-results-2026-h1/), 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. [You can read the full report here.](https://wheelmetrics.io/blog/wheelmetrics-pro-verified-results-2026-h1/) ### Do your published returns include unrealized gains and losses? Yes. Every performance number on this site is marked to market. **For transparency purposes, if I'm sitting on shares that are underwater, that loss is _already_ inside the return I report.** The portfolio performance figures on my website come straight from Charles Schwab's (my broker) own rate of return for the WheelMetrics account. My broker computes this number directly, my CPA verifies it back to the brokerage statements, and I publish whatever it says. This matters more than it probably sounds like it should, but I do it for a very important reason. Plenty of trading sites report _realized results only_, meaning a position doesn't count until it's closed. These "trading gurus" can mislead you by holding a stock that's down 40% and simply never sell it. Their reported track record stays spotless. _(This is how a site can advertise a 90%+ win rate and 30%+ returns — they simply never report the losses until their position is closed, if ever.)_ **I believe in transparency, so I show you the full story, even if it is conservative and understates my returns.** ## Content / Newsletter ### Is WheelMetrics free? The blog, the tutorials, and the newsletter are all 100% free, _and always will be._ [WheelMetrics Pro](https://wheelmetrics.io/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. ### What is WheelMetrics Pro? [WheelMetrics Pro](https://wheelmetrics.io/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. [Click here to learn more about WheelMetrics Pro](https://wheelmetrics.io/pro/) ### What's the difference between the free Weekly Wheel newsletter and WheelMetrics Pro? The free [Weekly Wheel newsletter](https://wheelmetrics.io/newsletter/) arrives every Monday with how last week's weekly setups performed (the win rate, the average ROC, and every assignment), plus a link to that week's [best stocks to Wheel](https://wheelmetrics.io/best-stocks-wheel-strategy/). WheelMetrics Pro gives you everything behind those setups: the weekly review with my setup of the week and complete thesis write-ups, every trade I take posted as soon as I take it, the live Monday call, and the private community and chat. **The free newsletter shows you _what_ my screener found. Pro shows you _exactly_ what I'm trading and why.** ### What's the difference between WheelMetrics Pro and an options screener like ThetaScanner, Option Samurai, etc.? 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](https://wheelmetrics.io/pro/) to know which stocks belong in that screener in the first place. ### How often do you publish new content? I publish a new tutorial every week on Monday, along with a weekly email newsletter. ### What does the newsletter include? 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. ### How do I sign up for the newsletter? Head over to the [newsletter signup page](https://wheelmetrics.io/newsletter/) and drop in your email. It's free, and you can unsubscribe anytime. ## Tools & Resources ### What options screener do you recommend? For retail traders, I strongly recommend **[ThetaScanner](https://thetascanner.com)**. 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](https://quantwheel.com/):** Also purpose-built for the Wheel. More features, higher price point. Worth a look if you want more granularity. - **[Option Samurai](https://optionsamurai.com/):** 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. ### What tool do you recommend for tracking Wheel trades? I really like **[OptionWheelTracker.ai](https://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 ### Can you help me with my trading and investing? 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. ### Can I send you emails or ask you questions? 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](https://wheelmetrics.io/contact/). ### Can I ask you questions on social media? 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](https://wheelmetrics.io/contact/) to reach me directly. ### Can we hop on a call? 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](https://wheelmetrics.io/contact/) and I'll do my best to help over email. ### Can you do some consulting for me or my company? 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](https://wheelmetrics.io/contact/) and we can discuss over email. ## Privacy ### Will you sell or share my email address? No. I will not share or sell your email address with any third parties. Your trust is important to me, and your email is only used to send newsletter content from WheelMetrics. For the full details, check out the [Privacy Policy](https://wheelmetrics.io/privacy-policy/). ### Can I change the email address I receive emails at? Yes — just use the [contact form](https://wheelmetrics.io/contact/) and let me know your old and new email address. I'll update it in the system. ### How do I unsubscribe from your emails? Click the _"Unsubscribe"_ link at the bottom of any email I send. No hard feelings. ## Disclaimer ### Is this financial advice? 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](https://wheelmetrics.io/terms-conditions/). ## Wheel With Confidence. Get weekly insights on stock selection, exit timing, and how to trade The Wheel Strategy. Subscribe for free at https://wheelmetrics.io/newsletter/. --- *WheelMetrics content is educational and is not individualized financial advice. Source: https://wheelmetrics.io/faq/*