Options Wheel & LEAPS Calculator

FREE INTERACTIVE OPTIONS ENGINE

The Options Wheel & LEAPS Leverage Calculator

Calculate safe contract sizes, expected weekly/monthly cash flow, and synthetic stock leverage with zero guesswork.

⚙️ Strategy Parameters

Available Portfolio Capital$25,000

Target Stock Preset or Custom Price

Options Delta / Strategy Profile

Moderate premium generation (~0.25 delta proxy) with standard assignment risk.

Target Expiration Cycle (DTE)

💵 ILLUSTRATIVE OPTIONS SCENARIO

~26.7% Illustrative Annualized Yield

Cycle Premium

+$534

Illustrative Monthly

+$541

Illustrative Annual

+$6,497

Assumes 12 successful 30-day cycles at the same premium rate.
Before fees, taxes, assignment losses and slippage.

Sell 2x CSP at $121.5 StrikeEst. Premium: +$534 (2.20% ROC per 30d)

Cash Collateral: $24,300Max Theoretical Loss: -$23,766 (if stock drops to $0)

🚀 LEAPS SYNTHETIC STOCK LEVERAGE

3.1x Leverage

Buying 100 Shares

$12,800

100% Capital Required

1 Deep ITM LEAPS (0.75Δ)

$4,096

Saved: $8,704 (68% less)

Modeled Return on Capital (ROC) Comparison:

If NVDA rises +15%:Shares: +15.0% • LEAPS: +38.4% ROC

If NVDA rises +30%:Shares: +30.0% • LEAPS: +82.5% ROC

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⚠️ Illustrative Scenario Only: This simulator generates hypothetical mathematical scenarios based on standardized delta proxies, not guaranteed outcomes, price predictions, or individualized investment advice. Annualized figures assume repeated deployment under identical market conditions. Calculations exclude commissions, regulatory fees ($0.03-$0.04/contract), taxes, slippage, assignment, early exercise, and underlying equity capital losses. Always assess liquidity and maximum downside risk before trading options.

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1. The Cash-Secured Put (CSP)

Sell out-of-the-money puts on companies you want to own long term. Collect immediate cash upfront. If the stock stays above your strike price, the option expires worthless and you keep 100% of the profit.

2. LEAPS Synthetic Leverage

Deep In-The-Money (0.75+ Delta) call options with 1 to 2+ years of expiration simulate owning 100 shares of stock at a fraction (~30-35%) of the upfront capital cost, allowing capital efficiency and higher Return on Capital (ROC).

3. The Covered Call (The Wheel)

If your CSP gets assigned, you own shares at a discounted cost basis. You immediately turn around and sell out-of-the-money covered calls against those shares to generate a second continuous stream of cash flow.