Options contracts in 2025
Total annual options volume cleared by OCC.
OCC · 2025 annual volume01 / What we do
Options & Wheel strategy intelligence.
Delivered through the App.
Jason Wheel connects options and Wheel strategy analysis to the symbols and holdings investors follow. The App is the customer experience; planned brokerage partnerships are a path to customer acquisition and ongoing engagement.
Talk directly with founder Jason Lee[email protected]
02 / Why now
More options activity. More decisions to contextualize.
Jason Wheel’s thesis: as options activity expands and time horizons compress, the research workflow must connect premium, event risk and portfolio context—not leave investors to assemble them separately.
Year-over-year options growth
OCC’s 2025 total options volume compared with 2024.
OCC · 2025 annual volumeSPX volume in same-day expiries
0DTE share of SPX options volume in 2025—not the entire options market.
Cboe · State of the industryOur view: the opportunity is better options and Wheel strategy analysis, not simply more trading. The initial focus is premium sellers evaluating compensation, possible assignment and ongoing position risk—not just same-day options.
03 / Product
Research the strategy.
Follow the full cycle.
The App is the primary customer workspace. Options and Wheel strategy analysis are the core proposition; Market Pulse, JW Rank and AI Trader support the research from initial screening through ongoing monitoring.
- 01 / Research
Cash-secured puts
Review symbol quality, premium, earnings windows and downside conditions with JW Rank and options evidence.
- 02 / Assess
Possible assignment
Consider the transition to share ownership, capital commitment and the risk of holding the underlying.
- 03 / Compare
Covered calls
Examine premium and contract structure alongside the trade-off in retained upside.
- 04 / Monitor
Changing conditions
Keep Market Pulse, followed symbols, synchronized holdings, alerts and strategy outcomes in view.
Core product assets
JW Rank
A deterministic model combining technical, premium, liquidity, risk, fundamental and strategy-fit factors.
Options Intelligence
Implied volatility, skew, term structure, sensitivities, liquidity and event windows with observation times.
JW Intelligence Reports
Dated editions bring model factors, market evidence and options context into a research record.
AI Trader
Time-stamped narrative analysis adds context to the underlying quantitative evidence.
Alerts and Outcomes
Risk changes, strategy observations and settled outcomes remain connected on a timeline.
Portfolio & Pro Intelligence
Automatic synchronization of supported brokerage holdings extends research to portfolio-wide and multi-account workflows.
JW Rank is not a buy/sell rating. Coverage measures field availability—not accuracy or certainty. Option premium does not eliminate underlying losses; assignment and capped upside are material parts of Wheel strategy analysis.
Market positioning
Where Jason Wheel fits.
Options and market-structure intelligence, built around the individual investor’s workflow. Jason Wheel combines options analytics, market context and AI-assisted research in an App-centered experience for premium sellers and Wheel strategy investors.
An options-first intelligence platform for self-directed investors.
Our product thesis is to connect research that investors otherwise assemble across tools: understand the market, prioritize symbols, examine the options, then monitor changing conditions. The opportunity is a focused research routine—not a smaller copy of a general-purpose institutional terminal.
Options IntelligenceMarket StructureAI-assisted ResearchOne ongoing App workflow
| Platform | Primary research focus | Jason Wheel’s positioning alongside it |
|---|---|---|
| Zacks | Stock ranking and research centered on earnings-estimate revisions. | JW Rank prioritizes options and Wheel setup research across six factor groups; it is not a stock buy/sell rating. |
| Market Chameleon | Options, volatility, earnings events and historical market statistics. | Connect these research questions to market context, symbol prioritization and an ongoing Watchlist workflow. |
| ORATS | Options data, analytics, scanning and backtesting tools for individual and institutional users. | Organize options research into an investor-facing App workflow, rather than compete on data infrastructure or backtesting depth. |
| SpotGamma | Options positioning, dealer-hedging effects and market structure expressed through key levels and flow analysis. | Focus on symbol-level options and Wheel research across the investment cycle, without claiming equivalent positioning data or dealer-flow models. |
| TradingView | Charts, screeners, scripting, alerts and broker-connected trading tools. | Provide a structured options research sequence, with scores, evidence and monitoring already connected around followed symbols. |
| Bloomberg | Broad professional market data and research tools, including AI-supported research capabilities. | Serve a narrower individual-investor workflow. Bloomberg is a professional-workflow reference, not a terminal Jason Wheel claims to replace. |
Primary-focus summaries, not exhaustive feature comparisons. Products overlap and evolve; linked official descriptions provide context. These references do not imply affiliation or endorsement.
Three design priorities
Research the full strategy cycle.
Organize premium, earnings, downside conditions, possible assignment and covered calls around the symbols investors follow—not just an isolated score or contract.
Keep the reasons attached.
JW Rank, factor detail, dated evidence and AI explanation work together. AI supports interpretation; it does not set or override the deterministic score.
Read the scoring methodologyContinue beyond the report.
Watchlists, supported brokerage holdings, alerts and history bring research into a recurring routine. Broker-led App acquisition is a planned distribution path, not an established partnership channel.
Explore the App workflowMarket-structure scope: market regimes, volatility, skew, liquidity and available positioning proxies. A proxy is not direct observation of institutional activity or actual dealer inventory. The integrated category is our product direction; customer adoption and differentiation remain to be validated after launch.
04 / Market opportunity
Start with premium sellers. Expand with their workflow.
Start with investors researching options and Wheel strategies. Grow the App relationship through wider coverage and Pro portfolio tools, with brokerage partnerships planned as a customer acquisition channel.
Option premium sellers
Investors evaluating cash-secured puts, covered calls and spreads across a focused set of symbols.
- Reason to pay
- Less fragmented research; more symbols followed with consistent options and risk context.
- Commercial path
- Free → Plus → Pro subscriptions
Professional multi-account users
Investors whose research needs extend across supported brokerage accounts and a larger portfolio.
- Reason to pay
- Automatically synchronized holdings, portfolio intelligence and research exports in one workflow.
- Commercial path
- Pro subscription
Brokerage partnerships
Introduce relevant research and risk information within a brokerage experience, then help interested customers continue in the Jason Wheel App.
- Partner value to validate
- Stronger research access, risk awareness and a differentiated customer experience.
- Commercial path
- App subscriptions acquired through partnerships; integration and commercial terms to be negotiated.
Business model
Free, Plus and Pro connect entry-level discovery to paid coverage and portfolio capabilities.
View current subscription plansRisk information for brokers
The prepared Feed is an entry point for integration discussions. The strategic goal extends beyond data delivery: build partnerships that bring engaged users into the Jason Wheel App.
Explore the Risk Alert FeedPlanned route to market
- Broker research entry pointsPlan partner placements that connect relevant risk observations to Jason Wheel research, with agreed attribution and customer consent.
- App activationGuide interested users into the App to establish a Watchlist, explore options research and connect supported holdings.
- Ongoing subscription valueMeasure continued research use and paid retention—not just Feed requests or downloads. Retain direct website discovery alongside partner acquisition.
Industry contract volumes describe market activity, not an estimate of addressable software revenue.
05 / Product readiness & roadmap
What is available.
What comes next.
Jason Wheel is pre-launch. Public research is accessible today; the App is substantially complete and awaiting App Store release. The next stage is release validation, customer adoption and commercial learning.
| Module | Current status | Scope & next step |
|---|---|---|
| Research & Technical Snapshots | Publicly accessible | Dated symbol reports, technical snapshots and archived PDFs are available on the website. Open the research library |
| Market Pulse & market intelligence | Publicly accessible | Market indicators, volatility context and event information are available through public pages. Open market intelligence |
| JW Rank, Options Intelligence & AI Trader | Implemented | Factor-based ranking, options context and narrative analysis are implemented in the App. End-to-end release validation remains part of launch preparation. View product overview |
| Watchlist & Alerts | Implemented | Followed symbols, alert history and push integration are implemented. Launch validation includes onboarding, notification permissions and supported-device delivery. View workflow overview |
| Brokerage holdings synchronization | Implemented | The Interactive Brokers connection supports automatic import of supported holdings. Account and position coverage must be validated within the supported integration scope; this is not universal brokerage support. View synchronization overview |
| Pro Intelligence & report exports | Implemented | Multi-account portfolio analysis and account and symbol PDF exports are implemented. Release preparation includes entitlement, data consistency and export checks. View Pro overview |
| App Store distribution | Awaiting release | The App is substantially complete but not yet available through the App Store. This status does not indicate submission or approval. Check release availability |
| Phase 1 — Broker Risk Alert Feed | Interface ready | The automated interface is prepared for structured risk alerts, indicator changes and related research links. Broker outreach has not begun. Next: agree pilot scope, data rights, legal and compliance requirements, and commercial terms before partner delivery. View the integration offering |
| Phase 2 — Research & News Distribution | Planned | Distribute selected, partner-approved options, Wheel strategy and market-structure research into brokerage Research and News channels, with pathways into the Jason Wheel App. Progression depends on demonstrated operating reliability, content review and correction processes, distribution rights and partner legal and compliance approval. Review the two-phase distribution plan |
| Investment adviser registration | Planned | Registration as an investment adviser is a future objective for a planned advisory offering, subject to legal assessment and applicable requirements. No current Registered Investment Adviser (RIA) status or filed application is represented here. Review advisory development |
“Implemented” describes a built capability, not production certification or commercial traction. App and Pro links above lead to product overviews; public research links lead to accessible outputs.
Current execution priorities
Product depth. Broker-led growth. Advisory development.
- 01 / Product focus
Options & Wheel analysis
- Deliver
- Complete App release preparation, then deepen analysis across cash-secured puts, possible assignment, covered calls and ongoing risk monitoring.
- Validate
- Investors can establish a research routine and find sustained value in Watchlist and Pro workflows.
- Evidence to track
- App reliability, activation, repeat usage, paid conversion and subscription retention.
- 02 / Two-phase growth channel
Broker-led App adoption
- Phase 1 — Broker Risk Alert Feed
- Start with scoped risk-feed pilots. Validate delivery reliability, partner value and integration effort, with agreed data rights, compliance scope and commercial terms.
- Phase 2 — Research & News Distribution
- After establishing a reliable operating record and review processes, expand into broker Research and News channels with selected, partner-approved App research. Secure content rights and legal and compliance approval before distribution.
- Growth objective
- Connect risk alerts and research placements to deeper analysis in the App. Track attributed installs, activated users, paid conversion and retention as pilots develop.
- 03 / Parallel planning
Advisory development
- Plan
- Define a future advisory offering and pursue investment adviser registration, subject to legal assessment and applicable registration requirements.
- Prepare
- Assess the service scope and appropriate entity and registration path; design compliance, client disclosures and conflict controls, including referral arrangements.
- Milestone
- Complete legal and operational readiness and any required registration before introducing the planned regulated advisory services.
These are planned workstreams, not a committed schedule or reported commercial results. Both distribution phases require assessment of the actual service and partner requirements; progression depends on readiness and approvals, not elapsed time alone. Advisory registration is a separate workstream, not a substitute for partner distribution approval. No current RIA status or filed application is claimed.
06 / Founder
Jason Lee
Founder · Independent economist
Macro researchVolatility & optionsAI & data systems
- [email protected]
- Personal website
- www.lipanlong.com
Independent market research. The engineering to make it usable.
Jason leads research into macro cycles, volatility regimes and U.S. options-market structure. His background spans structured research data, AI-assisted monitoring, NLP interpretation and analytical systems built around traceable inputs.
That research-to-product connection shapes Jason Wheel: macro context frames the question, quantitative factors organize the evidence, and the App carries it into an ongoing workflow.
His personal website provides a deeper view of his research methodology, systems background and long-horizon thinking.
Discuss the product with Jason07 / Contact · Investor inquiries
See what’s built.
Discuss the path to launch.
For investors focused on fintech, subscription software or financial research infrastructure: meet Jason, walk through the product and examine the next commercial milestones.
Founder & investor contact[email protected]
General company information only; not an offer to sell or a solicitation to buy securities. Investment discussions are subject to separate materials and applicable law.