Tiblio

You pick a stock, choose a strategy such as Covered Calls, Writing Puts or the Wheel Strategy, and Tiblio works toward collecting option premium on it.

The goal is to bring your cost basis down until you own the shares for free.

Tiblio is an automated investment tool for options income, built for people who want to sell premium rather than trade direction.

Around that core, Tiblio provides real-time options screeners, options flow, stock screeners, fundamentals, profit and loss alerts, a trade journal, news feeds and a community.

That is a lot of research and tracking under one roof, so you may not need separate tools for screening and record keeping.

The trade journal is handy if you want to review how your premium trades actually played out.

Tiblio is free to use.

Keep in mind that selling options carries real risk, and covered calls cap your upside on shares you hold.

The marketing language around life-altering income is bold, so judge the strategies on their numbers.

Tiblio is best suited to investors who already understand how options work.