Introducing a better way to find and track covered calls
- Covered call screener.
- Use our powerful screener to find new covered call opportunities.
- Rolling menu.
- Find follow-up actions to manage risk or boost returns by rolling existing positions.
- Performance dashboard.
- Monitor your current covered calls with detailed profit and risk metrics.
Bid farewell to your covered call spreadsheet.
Our specialized screener instantly filters the entire market based on your exact criteria - implied volatility, moneyness, time value, and more.
Specialized screener
Filter opportunities based on expirations, moneyness, open interest, implied volatility, and much more.
Rolling calculator
When a position moves against you or you want to roll it forward, our rolling calculator helps you assess your options.
Idea generator
Need some new ideas? Our pre-screened ideas show covered call options that meet a high threshold for return potential.
Tracking
Our app tracks everything from your initial trade to your profit, current cost to close, time value remaining per day, and more.
Early access opening soon
Apply now to express your interest and secure an invitation to the phased rollout.
FI Tools is currently best suited for experienced covered call investors who:
- — Already manage a sizeable portfolio of dividend-paying stocks...
- — Have experience selling covered calls and understand the mechanics...
- — Want to spend less time on spreadsheets and more time on strategy...
- — And are comfortable being early adopters of new tools.
We’re rolling out access in phases to ensure every early user gets the attention they deserve. If this resonates with your approach to investing, we invite you to join our founding member group.
The signup process is simple: complete the application form to express your interest and secure your place in line.
“Risk comes from not knowing what you’re doing.”
While covered calls are a conservative strategy, options trading still carries risks and it’s easy to get into trouble if you don’t fully understanding the potential pitfalls.
We haven’t created beginner-friendly documentation for the tool yet, so we currently only recommend FI Tools to experienced covered call investors.
Request your invitation
Answer a few quick questions about your investing background and goals to secure your spot in line.
You’ll hear back from us soon!
Apply for accessJoin the early access program
Founding members will secure permanent $25/month pricing as a sign of our appreciation for your early support.
Early Access Discount
Lock in the early access rate of $25/month — keep the discount for as long as your subscription remains active, even after the offer ends.
What’s included
- All product features
- Priority access to feature requests
- Discounted pricing
- 30-day money-back guarantee
$50$25/month
Apply for accessPayment is securely processed by Stripe. We don’t handle or store credit card details.
Frequently asked questions
Why Covered Calls
Financial Independence Through Covered Calls.
At FI Tools, the “FI” stands for Financial Independence—the ultimate goal for many investors. Covered calls can be a key strategy in generating the consistent cash flow that helps you reach that goal. While this is considered a conservative strategy, it’s important to understand that selling covered calls is more about generating reliable income from your investments than maximizing capital gains. It’s designed to create cash flow in various market conditions—whether the market is up, down, or moving sideways—by leveraging your existing stock holdings to provide steady returns.
Covered calls are most effective for investors who already have a sizeable portfolio. If your primary objective is to maximize capital gains or if you haven’t saved much money yet, this strategy might not be the best fit for you. In that case, you’d likely be better served by focusing on a long-term buy-and-hold approach, investing in high-quality companies to grow your wealth over time.
If you’re thinking about selling covered calls, here’s what to consider:
- You’re looking for a conservative strategy that can generate income in various market conditions—whether the market goes up, down, or stays flat.
- You have a well-established portfolio and are more focused on generating steady cash flow than on maximizing capital gains.
- You’re comfortable with potentially having your stocks called away if the price exceeds the strike price.
- You’re financially stable and can afford to risk owning stocks long-term if they decline in price without needing to sell at a loss.
Selling covered calls isn’t for everyone, but if your investment goals align with these points, selling covered calls might be a valuable addition to your financial independence journey.