About CycleSpreads
Options income trade alerts since 2007.
Sam Cassara and Chris Wilson co-founded CycleSpreads in 2007. The service publishes options trade alerts across five programs. Members can follow alerts manually or use supported partners to route eligible trade actions in their own brokerage accounts.
The people behind the service
Meet the co-founders
Sam Cassara
Sam co-founded CycleSpreads in 2007 and has managed the service continuously since then.
Chris Wilson
Chris co-founded CycleSpreads with Sam and previously worked as a commodity trading advisor (CTA). He has also worked in various technology roles and has returned to help Sam with spread trading.
Our history
Auto-trading has been part of the service from the start
In 2007, CycleSpreads formed auto-trading partnerships with optionsXpress, thinkorswim, eOption, OptionsHouse, and TradeKing. Several of those brokerage brands have since been acquired or integrated into larger firms. They are part of our history, rather than a list of current supported providers.
Today, the site describes auto-trading through AutoShares and Global AutoTrading. Eligible alerts can be routed for trade execution under the member's provider setup, while the member retains control of the funds in their brokerage account.
What members receive
Five programs built on two approaches
Max Income, Program 3, and Portfolio Replication Service use the wheel approach, with cash-secured puts and covered calls. Credit Spreads and the new 0DTE service use defined-risk spreads. The 0DTE service trades same-day SPX credit spreads and is included with PRS membership. Members can review published results on the performance pages.
CycleSpreads is an options trade alert subscription, not an ETF or a fund. For details about subscriptions and how results are calculated, see the FAQ. You can also email us before choosing a program.
Read more at the CycleSpreads Substack.