Early access · demo preview
Turn option premium into steady monthly cashflow.
ThetaPro follows a rules-based wheel strategy — selling cash-secured puts and covered calls on quality names — and lets time decay do the work. See how the model portfolio performs, then join the waitlist.
3 traders already on the list.
Model portfolio income
simulated · last 12 monthsAvg monthly income
$2,225
net premium after buybacks
Annualized yield
8.9%
on $300,000 capital
Positive months
12 / 12
months with net premium > 0
Win rate
96.4%
83 closed trades
How the cashflow engine works
Option buyers pay for time. As option sellers we collect that premium up front and manage risk with simple, repeatable rules.
01
Cash-secured puts
Sell out-of-the-money puts (≈0.15–0.30 delta, 30–45 DTE) on quality names we'd be happy to own, fully backed by cash. Collect premium; if assigned, we own shares at a discount.
02
Covered calls
On assigned shares, sell out-of-the-money calls above cost basis. Premium keeps flowing while we wait; if called away, we realize the gain and restart the cycle.
03
The wheel + risk rules
Take profit around 50–65% of max premium, roll defensively rather than panic, cap any single name at ~20% of capital and keep a cash reserve. Boring by design.
Frequently asked questions
What is ThetaPro?+
A rules-based option-selling program built around the wheel: sell cash-secured puts on quality stocks, sell covered calls on any shares we get assigned, and repeat. The goal is steady monthly premium income rather than home-run trades.
Are the numbers on this page real?+
No. The income chart and stats come from a simulated model portfolio that follows our rules, to illustrate how premium income accumulates. They are not actual trading results.
Can I trade or link my brokerage here?+
Not yet. This is an early preview. Live position tracking, trade alerts and brokerage integration are on the roadmap, and waitlist members get access first.
What happens after I join the waitlist?+
We save your email and contact you when early access opens. No spam, and you can ask to be removed at any time.
What's in the Discord?+
A community of option sellers discussing the wheel, trade setups, risk management and FIRE-style income goals. It's the best place to ask questions while we build.
How much capital do I need?+
Cash-secured puts require enough cash to buy 100 shares at the strike, so the stocks you can trade depend on your account size. The model portfolio uses $300,000, but the same rules scale down to smaller accounts with lower-priced names.
What are the risks?+
Selling options can lose more than the premium collected. A sharp drop can leave you owning shares well below your strike, and covered calls cap your upside. Size positions conservatively. Nothing here is investment advice.