Options tools for self-directed investors

See the trade-offs. Make the call.

Options can give investors more ways to approach a portfolio—from generating premium income to planning potential entry and exit prices or defining the risk of a position.

  • Generate premium income
  • Plan entry and exit prices
  • Shape position risk

Pono brings connected account data, cost-basis context, and option metrics into one place so you can review those trade-offs and decide what fits your strategy.

What Pono does

Useful context, without taking the decision away from you.

Pono is designed to help organize the work around options positions—not to promise an outcome.

01

Strategy-aware metrics

Go beyond quotes and Greeks. For a covered call, compare premium-adjusted downside break-even and called-away return with your stock cost basis. For a roll, compare the result with letting the current contract expire.

02

Opportunity filters

Compare covered calls, cash-secured puts, and rolls using measures such as delta, expiration, and annualized premium yield.

03

Order review

Preview supported orders before submitting them, with the final choice remaining yours.

Our approach

Built to support your process.

  • Keep related positions and option activity easier to follow.
  • Surface candidates based on configurable criteria.
  • Provide metrics that can help you compare trade-offs.

Your responsibility

You remain in control.

  • Review every order and decide whether to submit it.
  • Choose the strategy settings appropriate for you.
  • Keep assets with your brokerage provider.

Broker connections

Start with the accounts you already use.

Pono currently includes connections for Charles Schwab and Alpaca. Feature availability may vary by provider and account.

Charles Schwab
Alpaca

Early access

We’re preparing Pono for launch.

We’re now accepting candidates for a small alpha-testing group. Tell us what you hope to do with Pono and we’ll follow up if the current alpha looks like a good fit.

What is your main objective?

We’ll use your email only to contact you about Pono’s alpha program.