Built by a trader, for traders
YieldCove comes from one stubborn idea: the tools serious options sellers actually need shouldn't be a mess of spreadsheets. So an engineer who trades for a living built the one he wished existed.
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years in the markets
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years trading full-time
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workspaces: Wheel + Invest
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of the tracker is free
The founder
Eddie
Engineer · Options trader · Founder
Eddie is an engineer with almost a decade of experience in the stock market and five years as a consistently successful trader. By day he builds software; for years now he has run the wheel strategy on his own capital — methodically, patiently, and profitably.
He prefers to stay anonymous and let the work speak. What isn't anonymous is the approach: disciplined position sizing, only selling puts on companies he'd happily own, and treating premium income as a craft rather than a gamble.
“I got tired of stitching together spreadsheets to see what my premium income was actually doing. YieldCove is the cockpit I always wanted — and now you get to fly it too.”
What we stand for
Focused, not bloated
Most trading tools try to do everything. YieldCove does one job exceptionally well: show income investors exactly what their capital is earning — from the wheel to the long-term portfolio — and nothing else.
Clarity over noise
A calendar, heatmap and cumulative chart turn a pile of trades into a clear picture of your premium income, month after month.
Honest by design
The core tracker is free forever. Signals are optional and clearly informational — never disguised as guaranteed returns or financial advice.
How YieldCove came to be
An engineer who trades
Almost ten years watching the market, five of them trading the wheel for real income — and a growing pile of spreadsheets that couldn't keep up.
The breaking point
Rolling positions, tracking assignments, and computing annualized returns by hand stopped scaling. The data was there; the clarity wasn't.
YieldCove is born
A purpose-built tracker for cash-secured puts, covered calls and LEAPS — fast, honest about the numbers, and respectful of your time and your data.
The fine print, in plain words
What YieldCove is
Two free workspaces behind one login. The Wheel tracker covers CSPs, covered calls and LEAPS, with a returns calculator, trade journal, live watchlist, exit planner and income analytics. The Invest workspace tracks your long-term portfolio — USD and CAD — with optional read-only broker sync, automatic dividend records, an earnings calendar with reminders, and performance, allocation and risk views. One optional subscription adds the Signals feed, the Wheel Academy, the community and ticker research.
What it isn't
YieldCove is not a broker, and it is not financial advice. We don't execute trades or hold your money — broker sync is read-only, powered by SnapTrade, and your credentials never touch our servers. Everything here is for informational and educational purposes — your decisions are your own, and options trading carries real risk.
Get in touch
Questions, feedback, or ideas? We'd genuinely love to hear from you.