ThetaIQ Learn
The questions that come up when you actually sell premium for a living — rolling math, true cost basis, assignment, and whether any of it is working. Short formulas, worked numbers, no fluff.
Sold for $440, rolled for $190, bought back for $250 — what did you make? Every credit minus every debit, with a worked chain and a calculator.
Rolling options · 5 minThe broker's "net credit" headline already spent money closing your old leg. What's inside the number, and why chains are judged on running total.
Covered calls · 7 minPremium lowers basis, assignment splits the lot, and the called-away result is one number — the two-stream formula, worked with a calculator.
Wheel strategy · 7 minOne cycle, one ledger: CSP premium, assignment basis, call premium, called-away strike. The cycle P&L formula and the mistakes that hide your real return.
Option basics · 6 minNo phone call, no button — shares and cash just move. The expiration timeline, the ex-dividend ambush, and why you keep every cent of premium.
Assignment is the point, not the accident — so the strike is a purchase order. Delta, support, and the "would I buy it here?" test.
ThetaIQ tracks your positions, rolls, and share lots in one ledger. Free plan, any broker.
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