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Trading Income OS

One control room for premium income targets, wheel sizing, exit discipline, tax drag, and portfolio guardrails.

Where this fits

🧾 Tax Profile OS Tax Stack Freelancers Traders

This tool lives inside Profile OS + Tax Stack and is most useful for freelancers and traders.

401(k) Limit 2024$23,000(+$7,500 catch-up 50+)

Roth IRA Limit$7,000(MAGI phase-out applies)

S&P 500 Avg Return~10%/yr(nominal, historical)

Master trading UI

Turn premium harvesting into a real operating system

This hub does not replace the wheel, options, exit, and tax tools. It tells you how they fit together so you can size positions, target premium income, control concentration, and grow net worth with more discipline.

Planning dashboard only. Not financial advice.

Wheel budget

$75,000

60% target allocation

Premium target / month

$844

$1,125 gross before tax

Strike ceiling / ticker

$187.50

4 slots at max size

Annual net-worth lift

$25,088

$150,088 projected capital next year

Control inputs

Account sizeTotal capital you are planning from.

Reserve outside wheelCash buffer for volatility, assignment, and life.

Wheel allocationPercent of the account allowed to sell premium.

Max ticker allocationHard cap for any one underlying.

Target annual premium yieldYour gross yield target on deployed wheel capital.

Average days to expirationUsed to convert annual premium goals into cycle targets.

Estimated tax on premiumA planning assumption for the ordinary-income drag.

Reinvested premiumPercent of after-tax premium that goes back into compounding.

Monthly outside contributionFresh capital added from paycheck, business cash flow, or other savings.

Operating targets

Premium / cycle

$1,295

Rough gross target every 35 days to stay on pace with your annual yield objective.

Premium / slot / cycle

$324

A per-position benchmark so weak contracts stand out before you tie up cash.

Annual tax drag

$3,375

The amount of premium that disappears if you ignore tax treatment in your planning.

Reinvested capital / year

$7,088

After-tax premium that actually returns to compounding instead of getting spent.

Guardrails

Keep at least $25,000 outside the premium engine so assignment does not corner the account.

If you want each ticker inside your size rule, keep cash-secured put strikes around or below $187.50 per share.

With this setup, the system can support about 4 fully sized wheel positions at once before concentration starts to rise.

Connected workflow

Source ideas and premium setups

Use the scanner and signal feed to find liquid names, then filter for strikes you would actually be comfortable owning.

Wheel Strategy Scanner

Systematic options income engine. Sell cash-secured puts, collect premium, sell covered calls. Connected to Alpaca paper trading.

Politician Trade Signals

Live feed of politician stock trades scraped from Capitol Trades. Searchable, filterable, with alerts when your watchlist gets hit.

Pressure-test the option payoff

Run breakeven, cycle yield, and annualized return math before you accept premium that is too small for the capital you are tying up.

Options Profit Calculator

Calculate profit, loss, and breakeven for call and put options strategies.

Manage assignment and exits

Once shares are assigned or a position changes, move into stock and exit math instead of guessing what your true after-tax outcome looks like.

Stock Profit/Loss Calculator

Calculate your stock trade profit or loss including taxes and fees

Equity & Stock Options Calculator

Model the tax impact of ISO, NSO, and RSU equity grants. Compare sell-now vs hold-to-exit scenarios, calculate AMT spread for ISOs, and see your true net after federal, state, and capital gains taxes.

Protect the portfolio and the tax bill

Keep one strategy from bloating your allocation, and use tax-loss planning so the premium engine helps net worth instead of just creating drag.

Portfolio Rebalancer

Find out exactly how much to buy or sell to rebalance your investment portfolio

Tax Loss Harvesting Calculator

Turn investment losses into tax savings. See IRS netting rules applied (STCL vs STCG first, then LTCL vs LTCG, then cross-netting), total tax saved, ordinary income deduction up to $3,000 (IRC §1211), carry-forward loss, and whether harvesting is worth the transaction costs.

The actual goal is net worth, not premium for its own sake

Premium harvesting only helps if it survives taxes, avoids oversized losses, and feeds back into compounding. Use this hub to keep the strategy anchored to account growth instead of chasing contracts that look exciting but do not move the long-term picture enough.

Reserve capital outside the wheel

reserve = account_size × reserve_pct

$125,000 × 20%

= $25,000

This is the capital you deliberately leave outside premium-selling so assignment, volatility, or living cash needs do not squeeze the account.

Risk management rule of thumb — keep non-trading reserves separate from deployed premium capital.

Wheel budget

wheel_budget = min(account × allocation_pct, account − reserve)

min($125,000 × 60%, $125,000 − $25,000)

= $75,000

This is the actual capital you are allowing the premium engine to use after honoring your reserve rule.

Position sizing framework — premium-selling works best with a hard capital budget, not a vague sense of what feels available.

Max capital per ticker

max_ticker_cap = min(account × max_ticker_pct, wheel_budget)

min($125,000 × 15%, $75,000)

= $18,750

This guardrail limits how much one underlying can dominate the account if you get assigned.

Concentration-risk rule — cap single-name exposure before you start collecting premium.

Strike budget per ticker

strike_budget = max_ticker_cap ÷ 100 shares

$18,750 ÷ 100

= $187.50

For cash-secured puts, this is the rough strike ceiling per contract if you want each ticker to stay inside your size rule.

Cash-secured put math — one options contract represents 100 shares.

Gross annual premium target

annual_premium = wheel_budget × target_yield

$75,000 × 18%

= $13,500

This is a planning target, not a promise. It tells you how much premium the strategy must earn to justify the capital tied up.

Premium-yield planning — annual yield target applied to deployed wheel capital.

Gross premium target per cycle

cycle_premium = annual_premium × (DTE ÷ 365)

$13,500 × (35 ÷ 365)

= $1,295

At about 35 DTE, that equals roughly 1.73% of wheel capital per cycle.

Standard annualization approach — partial-year target scaled by days to expiration.

After-tax annual premium

after_tax_premium = annual_premium × (1 − tax_rate)

$13,500 × (1 − 25%)

= $10,125

Premium that looks great before tax can feel thin after ordinary-income treatment. This keeps the strategy honest.

Trading income planning — short-dated option premium is often taxed at ordinary income rates.

Annual net-worth lift from the system

net_worth_lift = reinvested_premium + monthly_contributions × 12

$7,088 + ($1,500 × 12)

= $25,088

This is the bridge from premium harvesting to wealth building: what gets reinvested plus the cash you consistently add from outside the strategy.

Net-worth planning formula — investable cash flow is what compounds, not headline premium alone.

Key insight

With $75,000 allocated to the wheel, your system wants about $844 in after-tax premium per month, while capping each name near $18,750. Reinvesting 70% of that after-tax premium plus $1,500 of outside monthly capital points to roughly $25,088 of annual net-worth lift under these assumptions.

Use this result in →

Scan Wheel Candidates Price Option Payoff Check Exit Math Rebalance Risk

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