Private beta · Options risk desk

See Friday coming.

Legwise watches every options position you hold, across every broker, and warns you before expiry, assignment or your own limits bite. Claude explains it all in plain words.

  • Read-only access
  • Never places trades
  • No buy or sell tips
  • Example alerts
  • AAPL 261016C00230000 · early assignment risk
  • SPY 0DTE · inside pin band
  • Δ +142 β-SPY
  • Θ +$318 / day
  • Daily loss 1.4% of 2.0%
  • NVDA 170/165P · $8,400 short if assigned
  • Rule live · no 0DTE after 2 losses
  • ν −$1,240

How it works

Set it up once. It watches every sync.

  1. Link your brokers

    Read-only connections, or a CSV upload. Legwise groups your legs into strategies and follows each position through its rolls.

  2. Write your rules

    Pick a daily loss limit, a 0DTE budget or a delta band, or type a rule in plain words and Claude turns it into one.

  3. Get warned early

    A morning list of decisions due, a ping before a limit breaks, and a weekly risk review you can actually read.

Weekly options expire Friday at 4:00 p.m. New York time

Friday's close is in

0d 00:00:00

Legwise tells you what happens to every short leg before it does. Market holidays not counted.

What it watches

A risk desk's eyes, on your book.

Expiry radar

Every short leg that needs a decision, ranked by consequence, with what happens if you do nothing: shares delivered, cash needed, risk carried over the weekend.

  • AAPL 261016C00230000Time value $0.12 < dividend $0.26Early assignment
  • SPY 261009P006700000.2% above strike, 40 min leftPin risk
  • NVDA 261016P00170000Needs $51,000, account holds $42,600$8,400 short

Example data

Your rules, on watch

Daily loss, risk per trade, a 0DTE budget, delta and vega bands. Checked on every sync, every breach logged.

Max daily loss 2.0%70% used
0DTE premium $500 / day$180 used
No 0DTE after 2 lossesArmed

Example data

One book, every broker

Greeks and what-if scenarios across all your accounts at once.

−10%−5%0+5%+10%
IV +10−4.1k−2.2k−980−610−540
IV 0−2.6k−1.1k0+420+380
IV −10−1.5k−260+760+1.1k+990

Example data · P&L by price and volatility move

Ask about your own positions

Claude answers with numbers from the Legwise engine and explains them. It never tells you what to trade.

What happens to me if NVDA drops 12% after earnings?

Both legs of your NVDA 170/165 put spread finish in the money, so the spread hits its max loss of about $1,170 after the credit you collected. The long put covers the short one, so no shares change hands.

Example answer

Hidden costs After launch

Every fill compared with the mid-price when it executed.

−$412paid in spreads this month

Example data

Why now

The market got faster. The tools didn't.

15.2bn

US-listed options contracts cleared in 2025, up 24% on 2024.

Source: OCC
66.2%

Share of S&P 500 index options volume that expired the same day, July 2026.

Source: Cboe
12.6%

Average bid-ask spread on the cheap weekly options retail traders prefer (Journal of Finance, 2023).

Source: London Business School

Principles

Things Legwise will never do

You pay us directly, so we have no reason to make you trade more.

  • Place your trades
  • Sell you tips
  • Sell your order flow
  • Keep your broker password

FAQ

Questions, answered.

The short answers. Email us for the long ones.

Is Legwise investment advice?

No. Legwise measures your positions against rules you write and explains the numbers. It never tells you what to buy, sell or hold, and it never places trades.

Which brokers will it work with?

The beta starts with major US brokers through read-only connections, plus CSV import for the rest. Tell us which brokers you use when you join.

What happens to my brokerage data?

Connections are read-only by design and use the broker's own sign-in, so Legwise never sees or stores your broker password. You can disconnect an account at any time.

Where does Claude fit in?

Claude answers questions about your own positions and writes your briefings. Every number it uses comes from the Legwise risk engine, and it is set up to explain, not to recommend trades.

What will it cost?

There will be a free plan and a paid plan for active traders. Beta members get founding-member pricing at launch.

When can I use it?

The private beta opens to a small group first. Email us and we will write when your seat is ready.

Get a risk manager before Friday.

We are inviting a first group of traders of US-listed options. Tell us the brokers you use and the strategies you run. Beta members get founding-member pricing at launch.

Email us to join
founder@legwise.app