Out of Money Call Options A Guide to Consistent Income
Learn how to use out of money call options to generate consistent income. This guide covers key strategies, risk management, and real-world examples.
John ClarkeFebruary 24.7 on the App Store · 170+ ratings
Know your odds
before you sell.
Strike Price shows the real probability behind every covered call and cash-secured put, tracks your contracts, and alerts you the moment the odds turn against you.
Scan to get the app
Point your iPhone camera here
Free to download · iPhone
⚠️ 2 TSLA CALL (10/30)now
Probability dropped to 43% · ROLL
Inside the app
Stop guessing which strike to sell.
Everything an options seller needs to pick safer contracts and keep an eye on them, in one iPhone app.
Probabilities
Real odds for every strike.
Pick a stock and an expiration and see each strike's chance of expiring worthless, estimated from live market data. Weigh the premium against the risk before you sell, not after.
- Calls and puts for every listed expiration
- Premium and distance to strike next to every probability
- Browse the market, crypto ETFs and top premiums
Alerts
Know when to roll, before it's too late.
Strike Price watches every open contract. When a position's probability drops, you get a push notification, so you can decide whether to roll or close while you still have options.
- Push alerts when the odds change
- High-premium alerts for the stocks you watch
- Live Activities for the positions you care about
9:41
Thursday, October 22
9:41
⚠️ 2 TSLA CALL (10/30)now
Probability dropped to 43% · ROLL
🔔 New high-premium alert2m ago
HOOD · Bid $3.70 · 82% probability · Fri
✅ 1 NVDA CALL (11/6)1h ago
Probability up to 91% · on track
Tracker
Every contract. One place.
Log trades from any broker and see strike, stock price, bid and premium for each one, with a live chance to expire worthless and how far the stock is from your strike.
- Open premium, collateral and ROI at a glance
- Next expiration and average safety across your contracts
- Works with whatever broker you already use
Earnings
See what the wheel actually pays.
Every expired, closed and rolled contract adds up in Earnings, so you can follow your premiums month by month instead of piecing it together from broker statements.
- Earnings over 1M, 3M, 6M, YTD, 1Y or all time
- Month-over-month change and top symbols
- Rolls counted leg by leg, so totals stay right
Market analyzer
Find your next trade every morning.
Hundreds of symbols are analyzed every day before the open. Filter by sentiment and upcoming events and jump to the source behind each call.
- Fresh analysis every trading day at 6:30 AM
- Bullish, bearish and neutral sentiment at a glance
- Filter by event, like earnings
How it works
From download to your first trade in minutes.
- 1
Download Strike Price
Free on the App Store. A short tutorial walks you through covered calls and cash-secured puts if you're new to selling.
- 2
Pick a stock, see the odds
Open the option chain for any ticker and compare each strike's chance to expire worthless with the premium it pays.
- 3
Track it and get alerted
Tap + on the premium you sold at your broker. Strike Price keeps watching it and pings you if the odds drop.
4.7
Rated by options sellers on the App Store
170+ ratings
Options App that finally makes sense!
“Fantastic app! It completely takes the stress out of options selling, no more random guessing when picking strike prices. … Tracking trades is also super simple, and I love the target mode for aiming at specific returns.”
Intuitive and great guides for beginners
“App is great for beginners that are getting into selling options like me. Easy to use and the website has a great starting guide with tutorials. The developer on X is also very friendly and responsive.”
A killer options trading app!
“Real time data / slick alert—this simulator nails it. Nailed a trade as soon as my target hit with the best pricing. … Must try!”
Slick!
“Setup and tutorial for this app is really quite nice. Overall the design is very easy to navigate and I think this will be really helpful for me.”
Learn
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John ClarkeJanuary 31
Sell options smarter
with real probabilities.
4.7 on the App Store
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