The covered call tracker that sharpens your premium selling edge with AI.

CoverEdge is a web-based platform for retail investors who sell covered calls and covered puts. It provides AI-enhanced research, assignment-aware roll analysis, and ledger-first income tracking — all in one place. CoverEdge is a decision-support tool, not an investment adviser; it does not tell you what to buy, sell, or hold.

Yes. CoverEdge offers a free tier that includes core trade tracking, ledger-first P&L, position management, brokerage sync, and the full built-in learning center. No credit card required. CoverEdge Pro ($19.99/month) unlocks Research, AI analysis, roll analysis, and income analytics.

CoverEdge connects the major US & Canadian brokerages that support options via SnapTrade — Schwab, Fidelity, Robinhood, E*TRADE, Interactive Brokers, tastytrade, Webull, and Alpaca. Because CoverEdge is built for options income, we focus on brokerages where option fills, expirations, and assignments import automatically. All connections are read-only — we can view positions but never place trades.

Pro users get AI-enhanced analysis out of the box — CoverEdge handles the OpenAI key for you, with a generous daily quota (200 calls/day on trial, 500/day on paid Pro). On Managed AI, summaries cover your top 8 picks per research run; switching to BYOK in Settings → AI (your own OpenAI, Anthropic, or Gemini key) removes the cap entirely and generates summaries on every candidate. Either way, the AI integrates stock news, technical data, and market context to generate informational trade summaries and risk observations. These summaries are educational analytics, not investment advice or a recommendation to trade any security. BYOK keys are encrypted at rest and never leave the server.

Yes. CoverEdge is one of the few platforms that fully supports covered puts (cash-secured puts) alongside covered calls. Both strategies get full lifecycle tracking, roll analysis, and P&L accounting.

The free /tools/covered-call-screener and /tools/cash-secured-put-screener pages show the top 30 ranked setups across CoverEdge's 230+ ticker universe — no signup required. Inside the app, the Opportunity Screener at /app/screener (Pro) shows the full top 100 with no row cap, plus four personal-universe filter chips no public screener can compute: My watchlist, Tickers I own, Hide tickers with open calls, and Best per ticker. Each row deep-links into AI-powered Research with the strategy carried over. Same ranking engine, but the authenticated surface adds your portfolio context and a one-tap watchlist star on every row.

No — Pro includes a managed daily AI quota (200 summaries/day on trial, 500/day on paid Pro) using CoverEdge's OpenAI key. You don't need to set up anything. Power users who want a higher cap, a different model, or full provider control can switch to BYOK (Bring Your Own Key) in Settings → AI and supply their own OpenAI, Anthropic, or Gemini key — that usage is billed directly by your provider with no markup from CoverEdge. AI features are entirely optional; all rule-based research signals, roll analysis, and trade tracking work without AI.

In short: your P&L is always right, no matter how complex your trade history gets. Instead of maintaining position snapshots that can drift, CoverEdge records every financial event — premium collected, trade closed, assignment — as an immutable ledger entry. All P&L and position values are derived from the ledger, ensuring audit-grade accuracy even after dozens of rolls.

Yes. CoverEdge uses AES-256 encryption, Row-Level Security at the database level, and runs on SOC 2-compliant infrastructure. We use only anonymized first-party analytics (Google Analytics 4) to understand aggregate site usage — no advertising cookies, no retargeting, no data selling.

No. CoverEdge is a tracking and research platform only. Brokerage connections via SnapTrade are strictly read-only. CoverEdge never has trading access to your brokerage account.