No AI app? No problem.
The free edition gives you a guided Wheel Strategy workflow and paper account connection without adding an AI bill.
GET YOUR TIME BACK
Other tools leave you with homework.
A broker can place a trade. AI can help explain a strategy. A spreadsheet can hold the results—but only after you build it and keep filling it in. Options Wheelhouse connects the routine work, runs it on your schedule, and records what happened automatically.
No AI subscription required. No live-money execution. No promise of profit.
WHY NOT JUST USE AI?
Use AI for ideas. Use a system for repetition.
AI is excellent for learning and brainstorming. But every new chat can mean another prompt, another format, and another opportunity to omit a rule.
Rules become controls.
DTE, delta, liquidity, allocation, contract limits, targets, stops, and timing live in structured fields—not scattered prompts.
Decide before emotion takes over.
Choose supported profit targets, stop losses, and time-based exits in advance. The system follows the plan instead of bargaining with the market after a trade moves against you.
History beats chat archaeology.
Review runs by account, strategy, symbol, status, premium, and execution details without digging through conversations.
Local-first by design.
Encrypted broker credentials stay on your machine and are decrypted only in the local service while your vault is unlocked.
Guardrails stay visible.
Approval-first controls and paper-only support keep the boundary clear. You decide when a proposed paper order is ready.
SIDE-BY-SIDE
Different tools solve different parts.
You can combine them. The point is to stop asking a general-purpose tool to behave like a repeatable trading practice system.
| What you need | Options Wheelhouse | General AI | Broker UI | Spreadsheet / DIY |
|---|---|---|---|---|
| Reusable parameters | Built in | Prompt-dependent | Varies | You build it |
| Scheduled paper workflows | Built in | Not by itself | Varies | Requires code |
| Approval before submission | Built in | Not by itself | Manual entry | Requires code |
| Structured run history | Built in | Chat history | Order history | You maintain it |
| Local credential vault | Built in | Not its purpose | Broker login | You build it |
| AI subscription required | No | Free or paid | No | No |
“Varies” reflects broker and account differences. Options Wheelhouse currently supports Alpaca Paper only.
COST IN CONTEXT
Pay for the workflow—not a stack you have to assemble.
Begin free. Add strategy modules once and monthly capacity only if your practice outgrows the included limit.
Wheelhouse Free
$0No AI plan required
- Wheel Strategy
- 1 Alpaca Paper account
- 13 weighted credits per UTC day
- 30- and 60-minute scheduling
Popular paid AI app
$20/month$240 over 12 months
- General-purpose assistant
- Still needs prompts and process design
- Free tiers may be available
Spreadsheet + scripts
Your timePlus APIs, hosting, and maintenance if used
- You design every guardrail
- You own security and reliability
- You maintain integrations
A 12-MONTH EXAMPLE
Free core + one $49 strategy module
Stay within free daily capacity and spend $49 total. A $20/month general AI subscription is $240 over the same period—and remains a general assistant, not a paper-trading operating system.
Illustrative difference$191before taxes
Representative U.S. paid AI app price checked August 2026. AI pricing can change and free plans exist. Wheelhouse modules are $19–$49 one time; optional scheduling capacity is $24–$99/month, and additional account slots are $5/month each. Final terms appear at checkout.
THE HONEST ANSWER
Who is it for?
Choose Wheelhouse if…
- You want systematic practice before risking capital.
- You value repeatable settings, approvals, and review.
- You want to start without paying for an AI app.
Use another tool if…
- You only need occasional explanations.
- You need live-money execution today.
- You need a broker other than Alpaca Paper now.
START WITH EVIDENCE
Try the workflow for $0.
Run the included Wheel Strategy and decide whether structure changes how you practice.