# CoverEdge

> The AI-powered Options Income Portfolio Management Software for covered call, cash-secured put,
> and wheel strategy investors.

CoverEdge helps premium sellers research opportunities, get AI-enhanced analysis, manage rolls with
assignment-aware scenario analysis, and track every dollar of income with ledger-grade precision.

The product is organized around three jobs: **find** covered call and cash-secured put opportunities
that fit the positions you already own, **manage** every roll, expiration, and assignment across the
full lifecycle, and **prove** your real performance with ledger-grade P&L. Because CoverEdge is
ledger-first, a rolled position that a broker reports as an isolated realized loss is kept as one
connected roll chain, so cumulative net P&L and cost basis stay accurate through every adjustment.

CoverEdge is a portfolio analysis and decision-support tool — NOT a registered investment adviser,
broker-dealer, or financial planner. All data, analytics, screeners, roll scenarios, and AI
summaries are informational and educational only and do not constitute investment advice or a
recommendation to buy, sell, or hold any security. Users make their own trading decisions.

## Website

https://coveredge.io

## Core Capabilities

- **Research**: Screen weekly options with delta, DTE, premium filters, technical signals (RSI, IV
  percentile), earnings proximity, and analyst sentiment.
- **Opportunity Screener** (`/app/screener`, Pro): The full market ranked list — top 100 covered
  call and cash-secured put setups across 230+ tickers, ranked by the same 0–100 Opportunity Score
  the Research and Rolls engines use (bid-based income, assignment risk, expected-move coverage,
  liquidity, and duration, minus an earnings penalty), with a Strong/Solid/Fair/Watch tier chip.
  Personal-universe filter chips (My watchlist, Tickers I own, Hide tickers with open calls, Best
  per ticker) and one-tap watchlist star — features no public screener can compute. Each row
  deep-links into AI-powered Research with the correct strategy carried over.
- **AI-Enhanced Analysis**: Managed AI included with Pro by default — no API key required. Power
  users can switch to BYOK (OpenAI, Anthropic, or Google Gemini) in Settings → AI for unlimited
  usage and full provider/model choice. AI summaries are informational analytics, not advice.
- **Roll Analysis**: Assignment-aware scenario analysis — surfaces Let Assign, Let Expire, Roll, or
  Review observations — with safe strike calculations, exact candidate handoff, and separate
  brokerage-sync or manual-fill execution paths. Informational only; you make the final call.
- **Income Dashboard**: 12-week income charts, average weekly premium, best week tracking, and
  week-over-week deltas — plus **return on capital (annualized)**: your premium income expressed
  against the capital actually at risk (cash-secured put collateral + covered-call cost basis), so
  you can answer "what's my return %?" — the question every options-income community asks.
- **Personal Strategy Insights (Pro)**: A dedicated page (`/app/insights`) with a median-based
  analysis of your own completed trades — DTE × premium-capture patterns with honest sample-size
  guardrails (Early / Developing / Supported), a **Complete strategies vs Individual legs** grouping
  toggle (so a rolled-away leg is never mislabeled a loss), and drill-down to the contributing
  trades. An experience-aware **AI Strategy Summary** near the top reads your whole history and
  explains it in plain language, grounded only in a privacy-safe aggregate digest (no symbols or
  trade rows) and framed as historical observation, never advice. A **Download trade CSV** exports
  the same history as an analysis-ready, one-row-per-leg file with shared roll-chain ids (distinct
  from the accounting Ledger CSV). As of September 2026, CoverEdge also captures the entry and close
  market context (underlying price, delta, IV, theta) at the moment a trade is opened or completed
  and includes it in that CSV — captured strictly going-forward for same-day events and never
  backfilled onto older trades. That captured entry context also powers **entry-context pattern
  heatmaps**: DTE × delta and DTE × contract-IV grids of your median return on capital, tinted
  against your own same-strategy baseline and shaded by sample-size reliability, so you can see
  which entry conditions have actually worked for you.
- **Ledger-First Accounting**: Your P&L is always accurate — no matter how many times you've rolled,
  closed, or been assigned. Every dollar is traced through immutable ledger entries.
- **Trade Lifecycle Management**: Open, close, expire, assign, and roll — full lifecycle for both
  covered calls and covered puts.
- **Roll Chains & Chain P&L**: Full chain history with cumulative net P&L across legs, live-chain
  roll candidates, and one-click roll preparation.

- **Brokerage Sync**: Connect the major US & Canadian options brokerages (Schwab, Fidelity,
  Robinhood, E\*TRADE, Interactive Brokers, tastytrade, Webull, Alpaca) via SnapTrade with read-only
  access. Trades, premiums, and assignments auto-import on every login for Pro / trial users (4-hour
  freshness window, server-gated) — no manual click needed. A manual **Sync Trades** button remains
  available for on-demand refreshes.
- **Built-in Learning Center**: 26 guided lessons across 4 tracks — Options Fundamentals, Strategies
  & Risk, Platform Mastery, and Account & Subscription. Covers everything from "what is a call
  option" to brokerage sync, ledger model, AI analysis setup, the 14-day Pro trial, in-app support,
  and consent-driven account closure / data erasure.
- **In-app Contact Support**: A "Help & Support" page inside the app (sidebar + header Help menu)
  with a categorized contact form and an optional, default-on diagnostics snapshot (tier/trial,
  current page, browser, brokerage-connected flag — never passwords, keys, or trade data). Every
  request gets a reference code and an emailed receipt; a direct `support@coveredge.io` fallback
  remains for users who prefer email.

- **Options experience level**: A presentation-only preference (Learning the basics / Fundamentals /
  Experienced trader) that adapts how much CoverEdge explains — the verbosity of helper copy, the
  writing style of AI prose on Research and Rolls, and the explanation depth of the Monday Setups
  and Opportunity Alert emails. It never changes what is calculated, screened, or recommended, and
  is separate from the Risk Profile. Asked as the opening, skippable step of onboarding and editable
  anytime in Settings → Experience & display.
- **Dark Mode**: Full light / dark / system theme support across the entire app, with a tuned
  deep-slate dark palette (not a flat gray inversion). Toggle from the account menu; the choice
  persists per device.

- **Mobile-Friendly**: A fully responsive interface that works in any mobile browser — check
  positions, log a roll, or review income on the go. No native app to install; the web app adapts to
  phones, tablets, and desktops alike.

- **Email Notifications**: Two opt-in-defaulted opportunity emails behind one toggle — a **Monday
  Setups** shortlist (up to two actionable setups, including broader-market discovery) and a
  **Tuesday–Friday Opportunity Alert** of genuinely new covered call / cash-secured put contracts on
  symbols you already own or watch. Both are scoped to your saved Preferred DTE window, ranked by
  the same 0–100 Opportunity Score used across Research and the Screener (economics, not raw yield),
  link to the exact contract in Research, and adapt their explanation depth to your
  options-experience level. Plus transactional trial reminders, onboarding, and re-engagement
  emails.

## Pricing

- **CoverEdge Pro — 14-day free trial**: New users land directly in Pro on signup with full access
  to research, AI insights, and roll analysis. **No credit card required up-front.** The trial is
  app-managed (`trial_started_at` / `trial_ends_at`) — Stripe is only involved if and when the user
  adds a payment method.
- **CoverEdge Pro**: $19.99/month after the trial — Research, Managed AI analysis, roll analysis,
  income analytics, Personal Strategy Insights, email notifications, and advanced metrics.
- **Free Tier**: Core trade tracking, ledger, positions, and learning center. Users automatically
  drop to Free at the end of the trial unless they've added a card. No surprise charges.

## Who It's For

Retail investors who sell covered calls and/or covered puts (cash-secured puts) and want precision
tools for:

- Tracking premium income and P&L
- Researching new option writing opportunities
- Managing rolling positions and avoiding assignment losses
- Getting AI-assisted analysis of their trades

## Who It's NOT For

CoverEdge is purpose-built for premium sellers. It is not designed for:

- Day traders or scalpers
- Stock pickers who don't sell options
- Complex multi-leg spread strategies (iron condors, butterflies, strangles)
- Naked options sellers without underlying positions
- Crypto or futures options
- Fully automated / algorithmic trading

## AI Architecture (Managed AI default + BYOK fallback)

AI-Enhanced Analysis ships in two modes:

- **Managed AI (default for all Pro / trial users)** — uses CoverEdge's platform-owned OpenAI key
  (`gpt-4o-mini`) with a daily call quota. No setup required: a new user signing up sees AI
  summaries on their first research run with zero configuration. Daily quota: 200 calls/day on
  trial, 500/day on paid Pro. AI insights are generated for the **top 8 candidates** per screening
  run. Per-user usage is metered in `ai_usage_daily`.
- **BYOK fallback** — power users can flip a toggle in Settings → AI to use their own API key from
  OpenAI, Anthropic, or Google Gemini. BYOK has no quota, supports custom model selection, and
  unlocks AI insights on **every candidate** in a screening run (not just the top 8). User keys are
  encrypted with AES-256-GCM at rest and never leave the server.

The rule-based baseline analysis (technical signals, scoring, flags) is always available even when
both AI modes are off — AI enhances but never replaces the core signals. CoverEdge does not mark up
or resell BYOK AI access.

## Blog

CoverEdge publishes a blog at https://coveredge.io/blog with 43 SEO-optimized educational posts,
including the weekly public "CoverEdge Monday Screen" — a fixed public-universe options screen
frozen at a single timestamped snapshot (one covered call + one cash-secured put, with the strike
cushion, collateral, and assignment math shown next to every yield; educational commentary on public
data, no private user data, not a recommendation).

Select how-to guides embed a CoverEdge YouTube walkthrough with VideoObject structured data

covering covered call fundamentals, cash-secured puts, the wheel strategy, strike selection, theta
decay, rolling, assignment handling, income tracking, covered call taxes (wash sales / holding
periods), JEPI/QYLD vs DIY premium selling, the poor man's covered call (PMCC), IV rank vs IV
percentile, selling through earnings, and platform comparisons. Each post includes hero images,
structured data (JSON-LD), and dynamic OG images for social sharing. New posts publish on a 2/week
cadence.

## Key Differentiators

1. **Ledger-first architecture**: All financial state derives from immutable ledger entries, not
   fragile snapshots.
2. **Covered put support**: One of the few platforms that fully tracks covered puts alongside
   covered calls.
3. **No-card-required Pro trial**: 14-day full-feature Pro trial that doesn't require a credit card
   up-front — users see real value before any billing decision.
4. **Managed AI + BYOK**: Pro users get AI summaries out of the box (no key required) with a
   one-toggle switch to bring their own key for unlimited / multi-provider use. No vendor lock-in,
   full transparency.
5. **Assignment-aware roll analysis**: Considers cost basis, recovery percentage, and safe strike
   calculations to surface scenario observations — informational, never an instruction to trade.
6. **Affordable**: Professional-grade tools at $19.99/month vs. $90+/month for competing platforms.
7. **Full-market Opportunity Screener bundled with Pro**: Competitors gate ranked-list option
   screeners behind separate paid tiers (often
   $30+/mo on top of the platform subscription).
   CoverEdge ships the full top-100 with personal-universe filters as part of the $19.99/mo
   Pro plan.

## Security

- Passwordless sign-in with passkeys (WebAuthn) — phishing-resistant, complements TOTP 2FA
- Two-factor authentication (TOTP MFA) with enforcement at every access point
- Self-service password change from Settings — current password verified first, confirmation email
  sent on every change
- Automatic idle session timeout (15 min desktop / 10 min mobile) with countdown warning

- AES-256 encryption for sensitive data at rest and in transit
- Row-Level Security (RLS) enforced at the database level
- Content-Security-Policy (CSP), HSTS, and hardened security headers
- Production error monitoring via Sentry with in-app admin error dashboard
- SOC 2-compliant cloud infrastructure (Supabase + Vercel)
- Consent-first cookies: optional analytics (Google Analytics 4) and advertising (Meta Pixel, public
  pages only) load only after opt-in via the cookie banner; withdraw anytime via footer Cookie
  settings; Global Privacy Control honored for advertising; no portfolio/trade data shared with ad
  partners; no data selling for money (cookieless Vercel Web Analytics & Speed Insights always on)
- AI API keys are encrypted at rest and never leave the server

## Company

CoverEdge, LLC. Founded in 2025 by Philip Picciotti — founder & technical lead, a U.S. Navy veteran
and 20-year cybersecurity leader (CISSP, CEH, CHFI) who built CoverEdge to replace the spreadsheet
he used to track his own covered call and cash-secured put income. Led by CEO Kristina Picciotti,
who brings 20+ years building, scaling, and exiting businesses — including growing Global Electronic
Recycling 300% and closing a successful sale in 2024. Built and operated in the USA. See
https://coveredge.io/about.

## Free Tools (no login required)

- **Covered Call Calculator**: https://coveredge.io/tools/covered-call-calculator — live underlying
  quote + option chain, computes static premium, annualized yield, downside buffer, and assignment
  ROI for any ticker on the curated 200-symbol allowlist. 51 per-ticker SEO landing pages exist at
  `/tools/covered-call-calculator/[ticker]` (AAPL, NVDA, TSLA, SPY, QQQ, JEPI, SCHD, etc.).
- **Cash-Secured Put Calculator**: https://coveredge.io/tools/cash-secured-put-calculator — the
  puts-side sibling. Live put-chain quotes; computes premium, cash collateral required, effective
  cost basis, breakeven, downside buffer, and annualized yield (against the strike). 51 per-ticker
  SEO landing pages exist at `/tools/cash-secured-put-calculator/[ticker]`.

- **Covered Call Screener**: https://coveredge.io/tools/covered-call-screener — ranks the top

  covered-call setups market-wide by annualized yield × probability of expiring OTM. Top 30 setups
  free; full ranked list, saved scans, and one-click apply against real positions are Pro features.
  Three filtered landing pages narrow the live list to a single criterion:
  `/tools/covered-call-screener/high-iv` (IV ≥ 50%), `/tools/covered-call-screener/under-50` (stocks
  under $50/share), and `/tools/covered-call-screener/weekly` (≤ 10 DTE).

- **Cash-Secured Put Screener**: https://coveredge.io/tools/cash-secured-put-screener — same engine
  for the put side. Annualized yield computed against the strike (fully cash-collateralized). Three
  filtered landing pages mirror the covered-call set: `/tools/cash-secured-put-screener/high-iv` (IV
  ≥ 50%), `/tools/cash-secured-put-screener/under-50` (stocks under $50/share), and
  `/tools/cash-secured-put-screener/weekly` (≤ 10 DTE).

## Links

- Homepage: https://coveredge.io
- Free Covered Call Calculator: https://coveredge.io/tools/covered-call-calculator
- Free Cash-Secured Put Calculator: https://coveredge.io/tools/cash-secured-put-calculator
- Free Covered Call Screener: https://coveredge.io/tools/covered-call-screener
- High-IV Covered Call Screener: https://coveredge.io/tools/covered-call-screener/high-iv
- Covered Call Screener Under $50: https://coveredge.io/tools/covered-call-screener/under-50
- Weekly Covered Call Screener: https://coveredge.io/tools/covered-call-screener/weekly
- Free Cash-Secured Put Screener: https://coveredge.io/tools/cash-secured-put-screener
- High-IV Cash-Secured Put Screener: https://coveredge.io/tools/cash-secured-put-screener/high-iv
- Cash-Secured Put Screener Under $50: https://coveredge.io/tools/cash-secured-put-screener/under-50
- Weekly Cash-Secured Put Screener: https://coveredge.io/tools/cash-secured-put-screener/weekly
- Blog: https://coveredge.io/blog

- About / Founder: https://coveredge.io/about
- YouTube: https://www.youtube.com/@CoverEdge-io
- X: https://x.com/CoverEdgeio
- LinkedIn: https://www.linkedin.com/company/coveredge-io

- Login/Signup: https://coveredge.io/login
- Terms of Service: https://coveredge.io/terms
- Privacy Policy: https://coveredge.io/privacy
- Security: https://coveredge.io/security
- Contact: https://coveredge.io/contact