Positionhotkey POne click at a price — the tool does the rest

Click a price and the cash-secured-put picture draws itself: the nearest listed strike, its ~30-day premium from the live chain, the breakeven beneath it, and the cushion from spot — the seller's version of a position tool.

Other platforms draw long/short position tools for share traders — entry, stop, target. This is the premium seller's equivalent. Click a price and the tool finds the nearest listed put strike, fetches the chain's quote at the expiry closest to 30 days, and draws the whole proposition: the strike line, the breakeven (strike minus premium) dashed beneath it, the premium band shaded between them, and a label with the expiry, days, premium, percent out-of-the-money and annualized yield.

The numbers are stamped at the moment you draw — the label is a record of the quote the drawing was made against, with its as-of time stored, not a live feed that silently drifts.

Arm it (P), click at or near the strike you are curious about. The drawing lands immediately and fills in as the chain answers — a second or two. If no quote exists at that strike, the label says so instead of guessing.

Draw several at different strikes to compare propositions side by side; each keeps its own numbers.

Universal mechanics: every tool is single-shot (it disarms after each drawing — the pin beside ✏ Draw re-arms it in one click), Esc cancels mid-drawing, clicking a finished drawing selects it for the ✕ Remove chip, and drawings persist per symbol, anchored to their candles.

The shaded band is the trade's built-in tolerance: price can finish anywhere above the breakeven at expiry and the position ends whole. How the band sits against the chart is the entire point — a breakeven below a defended level and below the retracement band reads very differently from one hanging above unbroken air.

The label's two percentages summarize the trade-off every put carries: distance (how far out-of-the-money) against pay (annualized yield). Farther and safer pays less; closer and richer risks more. Where a name sits on that line is what the Wheel Score and the screener's yield columns measure across the whole board.

This is the chart-side version of the screener's strike references: the same strike-premium-breakeven arithmetic, drawn against actual structure instead of listed in a table. Sellers use it to sanity-check a strike against everything else on the chart — levels, trend lines, the Expected Move cone, the Elliott bands — before the order ticket ever opens.

Because the quote is stamped, a drawing left on the chart becomes a small journal entry: what the market was offering at that level, on that day. Comparing it against today's offer shows how the premium environment moved.

Like everything in this guide, these are descriptions of conditions and reference levels — context for your own decisions, not instructions to trade.