For US stock and options traders, beginner to veteran

Everything a stock and options trader pays five subscriptions for. In one place, for one price.

Fair values on 7,000+ US stocks every night, a Wheel Score to rank them, put and call scanners with the numbers worked out, watchlists that alert you, a trade journal that reads your broker, and lessons that take you from zero to your first trade.

No card needed. The Quote page, Compare, Calendars and every lesson are free for everyone.

7,000+US stocks valued every night
9valuation models behind one fair value
250,000+option contracts screened daily
1Wheel Score to rank them all

What's inside

Six tools you'd otherwise buy separately.

A valuation service, a stock screener, an options scanner, a watchlist with alerts, a trading journal and a course - each one is normally its own subscription, with its own login and its own idea of what a stock is worth. Here they share one set of numbers.

💡

Fair value, nightly

Nine models - DCF, Graham, Peter Lynch, 10 Cap and more - blended into one fair value with a margin of safety for 7,000+ stocks, plus financial health, moat, insider and Congress activity. Free on every Quote page.

🎯

Wheel Score

Value, health, moat, option premium and stability in one 0-100 number, with the breakdown a hover away. Sort any scan by it and the whole list ranks itself.

🔎

Stock & options scanners

Screen by fair value, sector, country, scores, earnings and ex-dividend dates, then see the cash-secured put and covered call setups with premium, annualised return, distance and capital already worked out.

🐋

Smart money

Unusual options volume, insider buying and Congressional trades, matched to the same valuation data so you can tell whether the big money is buying value or chasing.

⭐

Watchlists that alert you

Unlimited lists with 52-week range, fair value, notes and a target price per stock. The row shades as the price approaches, and an evening email tells you when it arrives or earnings are near.

📓

Trade journal + performance

Log each wheel leg by leg or let it read your Interactive Brokers account, test ideas in a sandbox first, and track your real equity with drawdown, win rate, ROA and an equity curve.

Our favorite trading strategy

Find. Own at a discount. Track.

The wheel trading strategy is simple: sell a put on a stock you'd like to own, get paid to wait, and if you're assigned, sell calls until it's called away. The hard parts are picking the right stock, the right price, and knowing whether it's actually working. This site is built to make this as easy as possible.

1

Find stocks worth owning

Run the Stocks scanner with your own limits - margin of safety, health, moat, no earnings inside the next month - and sort by Wheel Score. Put the best few per sector on a watchlist and compare them side by side.

Open the scanners →
2

The right option at the right price

The Options scanner lists the puts and calls on your watchlist stocks with premium, annualised return, distance from the price, capital needed and a warning when earnings fall before expiry. Try the trade in the journal's sandbox before you place it.

Read the walkthrough →
3

Track every dollar

The journal follows each wheel from the first put through assignment and the calls after it - capital at risk, break-even, live P&L, annualised return - and the Performance tab turns your daily equity into drawdowns, win rate, monthly ROA and an equity curve.

Open the journal →

Why it exists

Built by a trader who wanted one complete solution

GLS Equity was built by a trader with more than twenty years in the markets who, like most people who take this seriously, ended up with a valuation service, a screener, an options scanner, a watchlist app and a journal spreadsheet - all with different numbers, separate logins and separate bills. It was confusing and expensive, and none of them talked to each other.

So the pieces were put in one place, on one set of nightly data, with the lessons written so that someone starting from zero can follow the same process an experienced trader uses. That's the whole idea.

Pricing

Free to look. One plan for everything.

Start with a free account, upgrade when the scanners earn their keep.

Founder price: the first 100 subscribers get Pro for $29 a month, locked for as long as they stay.

Free

$0

Look around, learn, keep a list

  • Quote page: charts with support and resistance, financials, holders, news and the full valuation of any US stock
  • Wheel Score on every Quote page
  • Compare up to 8 stocks
  • One watchlist (20 stocks)
  • Scanner preview: the first 20 rows of any scan
  • Calendars for earnings, dividends and news events
  • And every lesson in the Learning module
Create free account
Pro

Pro

$49/ month

or $39 / month billed annually ($468). Prices in USD.

  • Full stock and options scanners - every row, every filter, Wheel Score and smart-money data
  • Unlimited watchlists with target and earnings alerts, notes and 52-week ranges
  • Trade journal with sandbox, Interactive Brokers link, CSV import and the Performance tracker
  • Evening email with your open positions, day P&L and capital at risk
  • Everything in Free. Cancel any time from your account page

Upgrade to Pro from your account page - secure card payment by Stripe. Cancel any time; annual plans have a 14-day refund - see Refunds & Cancellation.

Questions

The things people ask first.

I've never traded an option. Is this for me?

Yes, if you're willing to learn before you trade. The Learning center covers everything from what is an option, to various different option strategies, including the Wheel strategy where it walks you through how to find a trade on the site step by step, with a testing sandbox so nothing real happens until you decide it should. Options can lose money quickly, so the lessons spend as much time on risk and position size as on the upside potential.

I've traded for years. What's here for me?

The data and the scanners. Nine valuation models on every stock each night, option setups with the return and capital already worked out, smart-money tabs where you can follow insider, institutions and congress trade flow, a journal that imports your Interactive Brokers fills and classifies the strategy, and an evening email with your positions marked at the close. You'll skip the lessons; everything else is built for exactly how you already work.

Where does the data come from, and how often does it update?

Prices, financials and option chains come from institutional market-data providers. The valuation engine re-runs every night after the close, the option setups are rebuilt daily, and live prices on the Quote page, watchlists and journal refresh while you're looking at them.

What is the wheel, in one paragraph?

You sell a cash-secured put on a stock you'd be happy to own, below today's price, and collect the premium. If the stock stays above the strike, the put expires and you keep the cash. If it falls through, you're assigned the shares at a discount and sell covered calls on them, collecting more premium until the shares are called away. The Learning center walks through it properly, with the risks.

Is this investment advice?

No. GLS Equity is a set of tools and data. Nothing on the site is a recommendation to buy or sell anything, and options can lose you money quickly. You make the decisions; the site makes them better informed.

Which broker do I need?

Any broker that lets you trade US options. If you use Interactive Brokers, the journal can link to your account and import your daily equity and your trades automatically. With any other broker you log trades in the journal or upload a CSV, and enter your daily equity when you want the performance statistics.

Do I need to pay to try it?

No. A free account gets you the Quote page, Compare, a watchlist, every lesson and a preview of every scan. Pro unlocks the full scanners, unlimited watchlists with alerts, the journal and the evening email.

Can I cancel?

Yes, any time, from your account page. Monthly plans run to the end of the month you've paid for; annual plans have a 14-day refund window and then run to the end of the year.

Run your first scan tonight.

Create a free account, sort the scanner by Wheel Score, and see which stocks are worth owning at a discount right now.

Start free

Questions first? Get in touch - a real trader answers.