Help Center

Last updated: March 31, 2026

Product guidance for Screener, Analyzer Engine, and Portfolio Planner. For informational use only, not investment advice.

How To Use This Help Center

Start In Screener

Build a short list of candidates first. This is where cycle, quality, warnings, and basic contract context are filtered before deeper analysis.

Validate In Analyzer Engine

Use Analyzer Engine to inspect one contract in detail. Confirm warning context, quality consistency, and interpretation before execution.

Control Portfolio Impact

Use Portfolio Planner to check concentration, sector exposure, and allocation impact. Strong single trades can still create weak portfolio structure.

If you want a compact product-level overview before diving into guides, use the Feature Overview page.

MWF Cycle Explained

MWF stands for Monday / Wednesday / Friday. These are stocks with additional Monday and Wednesday expirations besides the regular Friday expirations.

Cycle & Runtime Timing (Cycle Phase)

Cycle timing directly affects contract quality and availability.

  • DTE (Days to Expiration) means the remaining days until expiry.
  • Later in a cycle, delta, premium, and spread behavior can change materially.
  • That is why the Screener shows the current cycle phase as an easy-to-read color bar next to the selected cycle interval.
    Cycle Phase06/19/2026
    DTE 3

Timing is crucial: early in a new cycle, you usually find a broader selection of higher-quality put options. As expiry approaches, the selection often gets smaller, and depending on market conditions, average candidate quality can decline.

Operational baseline: many users reset their monthly setup on the Monday after the third Friday (06/19/2026), the monthly expiry date.

Delta Shows Direction, BE Distance Shows the Safety Cushion

Do not rely on delta alone: for more robust decisions, break-even distance should always be read as a core signal.

  • Delta is a useful probability and sensitivity signal, but not a complete risk picture.
  • BE distance shows the practical downside cushion to break-even and often makes risk more tangible.
  • Two contracts with similar delta can still have very different cushion profiles.
  • Use this decision framework: evaluate delta + BE distance + liquidity + cycle/DTE together.

Guides By Priority

Ordered by practical importance for safer short put decisions.

Next step in the product

After reading, continue with the Screener or start your account setup.