Most investors with a stock portfolio leave money on the table every month. Covered calls are one of the most reliable ways to generate passive income on holdings you already own — but identifying the right strikes, expiries, and timing requires constant analysis that most people don’t have time for.
Myron automates that process. Connect your portfolio, set your risk and profit criteria, and Myron sends you covered call recommendations you can act on immediately — no manual screening required.
The problem
Options strategies like covered calls are well-understood and widely used by institutional investors, but retail investors rarely use them consistently. The barrier isn’t knowledge — it’s the ongoing work of finding the right opportunities across a portfolio at the right time.
Most people who understand covered calls still don’t write them regularly because the screening process is tedious. The result is passive income that never gets captured.
How it works
- Connect — Link your brokerage through SnapTrade and sync your equity positions.
- Screen — For each position, Myron pulls the options chain and surfaces contracts matching your filters: target delta, preferred days-to-expiry, minimum premium, earnings and ex-dividend avoidance, and more.
- Review & route — Review the screened results, see a live pre-execution quote, and route a sell-to-open limit order to your broker. You always confirm manually — there is no automated execution.
- Track — When a call expires or is assigned, the outcome is logged and P&L flows into a performance dashboard.
The goal is to make a sophisticated income strategy as frictionless as possible, so investors can execute consistently without the work of doing it manually.
Architecture
Browser → Next.js (web) → Python FastAPI engine → Polygon.io
↕ ↕
PostgreSQL 15
The web service handles the UI, auth, billing, and brokerage integration. The Python engine does the options math — fetching chains, deriving Greeks via Black-Scholes (the market-data plan doesn’t include them), and ranking contracts. The two services deploy independently.
Beyond core screening, Myron supports batch screening across a whole portfolio, roll-forward suggestions for in-the-money calls, the wheel strategy via cash-secured puts, historical backtesting, SMS trade confirmations, email and SMS alerts, and Stripe billing across FREE and PRO tiers.
Tools & services
| Category | Technology / Service |
|---|---|
| Frontend | Next.js 14 (App Router), TypeScript, Tailwind CSS, shadcn/ui |
| Auth | NextAuth.js + Firebase |
| Options & market data | Polygon.io (Options Advanced + Stocks Starter plans) |
| Brokerage integration | SnapTrade |
| Notifications | Twilio (2-factor trade confirmations & notifications) |
| Billing | Stripe (FREE / PRO tiers) |
| Security | AES-256-GCM encryption for stored brokerage tokens |
| Hosting | DigitalOcean App Platform |
| Database | PostgreSQL 15 |
Who it’s for
Myron is built for investors who already hold individual stocks and want to put those positions to work. Whether you’re optimizing a concentrated position or systematically generating income across a diversified portfolio, Myron fits into your existing workflow rather than requiring you to build a new one.