The Wheel, Reinvented.
SmartStrikes tracks every tranche of every position at the price you were actually assigned — not a blended average — and reconciles it straight to tastytrade and Fidelity. No spreadsheets, no manual entry.
Every number is built from your broker's own transaction history, so it doesn't drift the way a hand-kept spreadsheet can. Always confirm against your broker's statements.
CAGR-driven thresholds turn "should I close this?" into a visible number, built around your own rules.
Account-level P&L sliced by underlying, week, and year — puts, calls, stock, and dividends, broken apart.
Tranche-level tracking and CAGR discipline are the spine of SmartStrikes. Everything else — sizing, charting, discovery — reinforces them.
The core differentiator. Cost basis by underlying and by ladder/strike position — tracked tranche by tranche, not blended into a single misleading average.
Custom CAGR surfaces high-premium-vs-risk strikes at a glance, then keeps watching after you're in the trade.
No dashboards to read or alerts to dig through — the state of every position is legible in the row you're already looking at.
The tick is your strike. Two short puts here sit against the same $14.24 stock — the $13.00 is clear, the $16.00 is through it.
Finding trades, sizing risk, and seeing the whole account — reinforcing the same two pillars above.
Scores a watchlist on premium, fundamentals, liquidity, SmartStrikes grade and trend, so you can sort candidates by your own criteria.
Surfaces the strikes worth a second look directly in the options table.
A grade plus a plain-language read on how well a stock actually fits the wheel strategy.
By underlying, by week, by year — and broken out by puts, calls, stock, and dividends.
See what's already working for you ahead of time, week by week.
Maps current volatility to rule-of-thumb bands for capital invested versus cash — the same reference bands for every user.
Visualize the probable range so strike selection is grounded, not guessed.
CAGR thresholds and many other parameters, so SmartStrikes molds to your rules instead of forcing its own.
Optionally bring your own LLM API key to get an observational read on your open positions — flags things that may be worth a second look.
Supporting feature — not investment adviceSmartStrikes reads your account through credentials you create yourself, scoped how you choose. Here's exactly what that involves and what protects it.
SmartStrikes Lite works from the positions you import from your broker's CSV exports, with prices from your own free Alpaca account. An Alpaca paper account needs only an email, and the app walks you through getting the key. Stock prices are real; option prices on Alpaca's free data are estimates.
SmartStrikes Pro connects to your own tastytrade account for live streamed prices, real option quotes, IV Rank, earnings and your live positions. Without it, Pro runs on an Alpaca key like Lite, with the Research tab.
Sign-in to SmartStrikes itself is handled through Google. It's the only sign-in method currently supported, and it's what your stored connection is keyed to, so only you can reach it.
Because you create OAuth credentials on tastytrade's site, your actual brokerage login never passes through SmartStrikes at all.
SmartStrikes accepts only a read-only grant, and every feature works with one. SmartStrikes never places, routes, or transmits an order — you trade in your own broker, as always.
Stored grants are sealed with AES-256-GCM under a server secret that is never stored alongside them. The stored data alone is unusable.
The only credential your browser holds is an access token that expires in minutes — so even a compromised page has nothing durable to steal.
Disconnect from inside SmartStrikes, or revoke the grant from tastytrade's side. Either one cuts access immediately and permanently.
If tastytrade ever rejects a stored grant, it's deleted rather than retried — you're asked to reconnect instead of leaving a dead credential sitting around.
Your positions, transactions, and results exist for one purpose: showing them back to you inside the app. We do not sell personal information, and we never share your financial data with advertisers, data brokers, or marketers — there is no version of this product where your trading history is the thing being monetized. Your subscription is.
The only outside parties involved are the providers required to run the service — hosting (Cloudflare), sign-in and delivery of parts of the app (Google), payments (Stripe) and, for in-app help questions, Anthropic — each limited to what its function requires. The one exception is entirely yours to make: if you turn on the optional AI analysis using your own API key, the positions you ask about are sent to the provider you chose. Leave it off and nothing goes to any AI provider. See the Privacy Policy for the full detail.
SmartStrikes is an independent product. It is not affiliated with, endorsed by, or sponsored by tastytrade, Fidelity, or any other broker. Your relationship with your broker is governed solely by your agreements with them.
Try either free for 30 days — cancel any time before the trial ends and you won't be charged. Upgrade or switch plans from inside the app.
30-day free trial. Requires a free Alpaca API key.
30-day free trial. Live data requires your own tastytrade account.
Prices in USD. Sign up to be notified when trial access opens.
Lite analyzes the positions you import from broker CSV files, with prices from your own free Alpaca API key. Pro adds the Research tab and, once you connect your own tastytrade account, live streamed prices, real option quotes, IV Rank, earnings and your live account. Pro's live data needs a tastytrade account; without one, Pro runs on an Alpaca key with Research. You can upgrade inside the app at any time, and switching back to Lite keeps your tastytrade login so upgrading again is instant.
Alpaca's free market data gives indicative option prices: values worked out from a pricing model using the stock's price and volatility, not the real bids and offers on the options exchanges. They're usually close, but can be off, especially for options that trade rarely or are far from the stock price. Stock prices are real. Pro with a connected tastytrade account streams real exchange quotes.
Live, reconciled account data from tastytrade today, plus CSV import from Fidelity and tastytrade exports. The underlying architecture is built to add more brokers over time.
Stocks and ETFs, and their options: the instruments the wheel strategy is built around. Futures and options on futures aren't supported yet. Cash-settled index options, such as SPX or VIX, can be viewed but not wheeled, since there are never shares to be assigned.
Only for Pro's live data. SmartStrikes Lite runs on your broker's CSV exports and your own free Alpaca key.
Yes. Signing in to SmartStrikes is handled through Google, and it's currently the only supported sign-in method. Your stored brokerage connection is keyed to that Google identity, so only you can reach it.
No. Your positions and transactions are used to show you your own results in the app, nothing else. We don't sell personal information and we don't share your financial data with advertisers, data brokers, or marketers. The only outside parties involved are the providers needed to run the service: hosting (Cloudflare), sign-in (Google), payments (Stripe) and, for in-app help questions, Anthropic — plus, only if you choose to enable the optional AI analysis with your own API key, the provider you selected.
No. SmartStrikes is a position-tracking and analytics tool — it surfaces numbers from your own account so you can make your own decisions. The optional AI feature offers an observational read on open positions; it does not make recommendations or place trades.
You're automatically moved to the plan you selected — monthly or yearly. You can cancel any time before the trial ends and you won't be charged anything.
Yes, from inside the app. There's no minimum commitment on either plan.
SmartStrikes gets its data from tastytrade and Alpaca, so it depends on them. Short outages on their side, or ours, aren't refunded. If a third party permanently ends something your plan is built on (live tastytrade data for Pro, Alpaca prices for Lite) and we can't replace it within 30 days, you can cancel for a pro-rata refund of the unused time, or move from Pro to Lite and get the difference back. Section 3.8 of the Terms has the details.
Your tastytrade password is never entered into SmartStrikes at all — you create your own OAuth credentials on tastytrade's site, with read-only scope, which SmartStrikes requires and every feature works with. Those credentials leave your browser once and are never returned to it; they're encrypted at rest server-side, and your browser only ever holds an access token that expires in minutes. Full details here.
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