Options Income AI
Tell us your capital, your monthly income target, and your risk tolerance in plain English. Get a personalized allocation across top CSPs, covered calls, and wheel candidates — with explanations of why each was picked, the risks worth knowing, and a clear exit strategy.
How the AI Income Planner works
The planner takes a short plain-English description of your situation — capital available, monthly income target, risk tolerance — and turns it into a concrete strike-by-strike plan. Under the hood three things run: a regex-based parser that pulls numbers and constraints out of your sentence, an allocation engine that respects a 20%-per-name diversification cap, and an explanation layer that either uses Anthropic's Claude Haiku 4.5 (if an API key is configured) or a deterministic rule-based explainer.
Methodology
For each candidate ticker we look at the live option chain (refreshed every 5 minutes), pull the highest-yielding cash-secured-put strike at a delta band that matches your risk profile, and compute annualised return on collateral. The plan is built by ranking those rows, allocating no more than 20% of capital to any single underlying, and stopping once the projected monthly premium reaches your target — or telling you honestly that it can't.
Worked example
If you ask for "$50,000 per month on $2.5M" the planner aims for ~24% annualised on collateralised capital. That's aggressive — only achievable with higher-IV underlyings and shorter DTE. The planner will return a multi-ticker plan with each leg's strike, expiration, premium, collateral, and annualised yield, plus a one-paragraph explanation of the assumptions and the risks (assignment, drawdown, IV crush).
When it can't hit your target
If your income target requires more than ~25% annualised on collateralised capital, the planner will say so explicitly rather than fabricating numbers. Income above that range usually requires margin, naked options, or concentrated positions — none of which this tool will plan for.
Frequently asked questions
Is this financial advice?
No. Every plan is educational and assumes you can independently evaluate option pricing, assignment risk, and tax consequences. We do not know your other holdings, tax situation, or risk capacity.
Why does the plan use cash-secured puts only?
CSPs are the safest income vehicle for new and intermediate sellers — defined risk, fully cash-collateralised, no naked exposure. Covered-call income on equities you already own is offered on the dedicated wheel screener.
Can I use this in a retirement account?
Yes, CSPs are permitted in most IRAs at Level 2 approval. Naked options and credit spreads requiring margin are not, which is part of why the planner sticks to CSPs.
How accurate are the projections?
Premiums shown are mid-bid-ask snapshots refreshed every 5 minutes during market hours. Actual fills will differ. Assignment will replace some CSPs with stock at the chosen strike, which changes future cycle math.