Core Workflows
The day-to-day moves: getting a position into DeltaCortex, finding your next trade, rolling, and closing. For dashboard cards and tab orientation, see Getting Started; for strategy reasoning behind these actions, see the in-app Decision Guide.
Add a position manually
Click + Add in the main toolbar. You can paste an option symbol
(OCC format, e.g. TGT260417P00115000) into the top field to
auto-fill ticker, strike, expiration, and type — or just fill in the fields below
it directly:
- Ticker, Strike, Expiration, Contracts, Option Type (Put/Call), Position (Short/Long)
- Entry Price and Current Price — per share
- Delta and Implied Volatility — feed the Health Score and Smart Action logic
Import trades from a CSV export
From the Performance tab, 📥 Import Trades from CSV bulk-loads closed trade history from a CSV file.
Find new trades
🔍 Find Puts (main toolbar) opens the Cash-Secured Put Scanner:
- Enter a ticker and a target delta (conservative ~0.20, balanced ~0.30, aggressive ~0.40)
- Candidates are ranked by a Balanced Score — annualized yield, ATR downside buffer, and OTM distance, penalized for high assignment delta and expirations crossing earnings
- A 🟢/🟡/🔴 Hurdle icon shows whether the annualized yield clears your FDRXX × hurdle-multiple bar (set in Settings)
- If Assigned = strike − premium, your effective cost basis if the put gets assigned
Once you hold assigned shares, the same idea applies to Scan CCs from that shares row — the Covered Call Scanner labels each strike by strategic zone:
Roll a position
From a position's action menu, Roll closes the current option and opens a new one in a single step, preserving roll-chain history for accurate P&L. You'll enter the new strike, new expiration, the exit price on the position you're closing, and the entry price/delta/IV on the new one.
Not sure what to roll to? The Roll Credit Scanner (also from the action menu) scans the chain for net-credit roll candidates automatically, so you don't have to price combinations by hand.
If a position has moved against you, the Wheel Recovery Calculator projects how long covered-call premium alone would take to grind your cost basis back down to today's stock price — a patience timeline, not a stock forecast.
Close a position or handle assignment
- Close — enter the exit price; the position moves to your closed-trade history and P&L is recorded.
- Assign CSP → Shares — when a put is assigned, this converts it into a shares position, carrying the full roll chain's premiums into an accurate cost basis, ready for you to write covered calls against.
- Close shares (called away or sold) — same idea in reverse: closes an assigned-shares position, whether from a call getting exercised or a manual sale.