Our story · Engineer and trader
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.
Years in the markets
10+
Almost a decade watching markets, five of them running the wheel on his own capital.
Years running the wheel
5+
Free workspaces
4
Wheel · Invest · Budget · Trading
Of the tracker is free
100%
Positions tracked
1,700+
Platform total, rounded down
Premium tracked
$430K+
Platform total, rounded down
01
The founder
An engineer with a trader's discipline. He prefers to stay anonymous and let the work speak.
Eddie
Engineer · Options trader · Founder
- Engineering mindset
- Risk-first
- Wheel specialist
- Long-term
Anonymous by choice
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 ran my wheel in spreadsheets for years. They told me what I'd sold — never what my capital was actually earning, or when to take profits. So I built the tool I wanted as an engineer and needed as a trader. My own money runs through YieldCove every single day.
Eddie
Founder — engineer, a decade in the markets, five years running the wheel
Closed Signals trades show their realized P/L on the feed — wins and losses alike.
02
How YieldCove came to be
01
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.
02
The breaking point
Rolling positions, tracking assignments, and computing annualized returns by hand stopped scaling. The data was there; the clarity wasn't.
03
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.
03
The cove, room by room
It started with the wheel. Every room since answers a question the last one raised.
- 01FreeWheelWhat is my premium really earning?Cash-secured puts, covered calls and LEAPS, with a returns calculator, journal, live watchlist, exit planner and income analytics.Take the tour
- 02FreeInvestAnd the rest of my portfolio?Long-term holdings in USD and CAD, optional read-only broker sync, automatic dividends and an earnings calendar.See Invest
- 03FreeBudgetWhere does everyday money go?Accounts, spending, monthly budgets, bills and subscriptions, savings goals and reports in one place.See the product
- 04FreeTradingAnd the trades outside the wheel?A journal for any stock or options trade, multi-leg included: P&L calendar, win rate, expectancy and R, a Strategy Lab and CSV import from 8 brokers.See Trading
- 05US$9.99/moSignalsWhat does a disciplined trade look like?Structured wheel trade ideas from Eddie, with every closed trade's realized P/L on the public track record — wins and losses alike.See the track record
- 06From US$89/moCoachingCan someone look at my process?A private thread or 1:1 video sessions with Eddie on process, sizing and risk — education, never advice.See coaching
04
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.
Education, not advice
Everything here — the feed, the guide, coaching — teaches a process. Your decisions stay yours.
Read the disclaimerPrivate by default
No selling your data, optional measurement only with your OK, and broker sync that can read but never trade.
Read the privacy policyA tracker that stays free
Wheel, Invest, Budget and Trading cost nothing. Membership adds content, community and a few power features on top.
See pricing
05
The fine print, in plain words
What YieldCove is
Four 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. Budget brings your accounts, spending, bills and savings goals together. Trading journals any other stock or options trade, with a P&L calendar, performance reports and a Strategy Lab. One optional subscription adds the Signals feed, the Wheel Academy, the community and ticker research, plus deeper Trading reports and broker auto-sync.
Read the termsWhat 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.
Read the full disclaimerGet in touch
Questions, feedback, or ideas? We'd genuinely love to hear from you.