Wake up your money.

AI options trading expert. In your inbox. In conversation. For every opportunity.

Scout is the experience you haven’t built yet, embedded in your book. It runs the strategies the pros use. Watches every name, never blinks. Structures the trade when opportunity strikes — and walks you through the outcomes you didn’t see coming.

Scout
№ 183 · Wed 27 May

Your morning brief.

Two trades on your book today — TSLA needs a roll now, NVDA’s setting up. Here’s where each stands.

· today2 items
NVDAIncome · CC window · Approaching

NVDA closing on the CC window — not there yet.

Spot $214.25, MR +1.5 climbing toward the +1.8/+2.0 sell band, ~2.7% under resistance at ~$220. When MR tags the band at resistance, the cap arms: ~$225, 7/02, ~$6.15 credit. Scout will flag it the moment it fires — nothing to do until then.

TSLARepair · Roll up + out

TSLA ran through your $410 CC — roll up and out.

Spot $442 against your $410 strike. Roll $410 → $450, 7/17 — net debit $6.75, lifts the cap $40 and buys 44 more days. $450 clears your basis, so it’s a clean write.

From the editor
Mitch L. Emerson
Founder & editor
10 yrs

Inside top trading and brokerage firms

8 yrs

Shipping production AI

100s hrs

Studying the field so you don’t have to

I spent years learning options while working inside top market making firms. Even after that I kept at it — books, YouTube, the expensive private courses.

I thought knowledge was the hard part. I was wrong.

Knowledge isn’t the problem. Experience is. The discipline to show up every day. The repetition to recognize a setup the third time. The muscle memory to act when the window opens.

Most never get there. They learn the strategies, get distracted by life, get burned once, and miss the best opportunities because they weren’t ready when it mattered.

It’s my mission to make sure that doesn’t happen to you.

So I built Scout. To make showing up automatic. To compound the experience that turns knowledge into edge. The biggest wave in retail trading is breaking right now. Scout is how I’m riding it — and how you can too.

— Mitch
I
The expertise

Trained on the core retail options strategies worth knowing.

Six structures, ruthlessly applied. The pros aren’t reinventing the wheel — they’re running a tight playbook with discipline. Scout knows the playbook, and runs it against your specific book.

Cash-secured puts
Sell premium on names you want to own at a discount.
Covered calls
Income on shares you already hold.
Modified synthetic longs
Leveraged long exposure with capped downside.
Poor man’s covered calls
CC mechanics without owning 100 shares.
LEAP positions
Long-dated leveraged exposure.
Strangles & repairs
Income on range-bound names; structure repairs.

Scout doesn’t just know the names — Scout knows when each one is the right move, against your specific positions, in this specific market.

II
Embedded

Generic AI knows options. Scout knows yours.

There's a difference between intelligence and embedded intelligence. Any AI can explain a covered call. Scout knows your covered call — the strike, the credit, the days remaining, the framing behind it. Multiply that across every position in every account. That's what embedded means.

It holds the state.

Your book is 28 positions across 9 tickers. Strikes, basis, framings, decisions. Scout holds all of it. You stop tracking. You start thinking.

It catches what you miss.

You’re in a meeting. PLTR crosses breakeven. NVDA spikes. A position you forgot drifts another 2%. Scout sees all of it. Brings the ones that matter.

It remembers.

What you decided yesterday — and why. The framing on every conviction. The roll you almost made last month. Scout’s memory becomes yours.

III
Always on

Even when you’re distracted, Scout never blinks.

Have you ever missed a month of monitoring — vacation, a busy quarter, a family thing — and discovered later that the year's best setup happened while you weren't looking? You pay Scout so that never happens again.

547 names
tracked every session — your watchlist plus the broader tape.
Every tick
watched in real time, pre-market to after-hours. Triggers fire on the 4-hour bar — signal, not noise.
Update · 11:14 ET

ALAB triggered the covered-call write at MR +2.04.

While you were in a meeting. Strike $320, 21 DTE — ~3.4% if it holds.

Scout files three or four of these a day, max. Editorial discipline. Push when something moves; quiet when nothing does.

IV
The execution

Scout structures the trade. Then stays through the outcome.

Scout doesn't just point at an opportunity. Scout structures the optimal trade against your existing positions, tells you what it would do in every future outcome — and when the bad scenario eventually shows up, walks you through it. The hand-hold is the product.

For the trader who’s never written an option:

Scout walks you through the structure, the strike selection, the DTE choice, and the worst-case math — before you click. It’s the patient mentor most options content pretends to be.

For the trader 10 years in:

Scout is the second pair of eyes at the desk. The framing check before you size up. The honest read when you’re tilting toward conviction over data. The memory of what you decided yesterday — and why.

Scout·TSLA position open

I sold the TSLA $410 call 30 days ago and the stock’s ripped from $376 to $442. What are my options?

Scout

Roll it. You’re holding TSLA with conviction and your basis is under $410 — assignment isn’t on the table, so the cap just has to get up and out of the way.

The trade is $410 → $450, 7/17, net debit $6.75— 17% on a $40 strike lift, well inside the ceiling. Lifts the cap $40, buys 44 more days of income, and $450 clears your basis so it’s a clean write. The 7/10 weekly had zero OI; I moved you to the July monthly where it’s actually tradeable. GTC to close the $450 at ~$4 the moment it fills.

V
The math

At $1,980 a year, Scout pays for itself.

Scout costs roughly $5.42 a day. One basic covered call covers a couple months of subscription. A well-timed one covers the entire year.

Scout · annual
$1,980
$5.42 per day
One CC · TSLA at $440 30 DTE
+$480
Three months of Scout, in one trade
One well-timed CC
+$2,400
Pays for Scout for the entire year
Pricing

For investors serious about compounding their wealth.

Annual only. No tiers. No upsell. Scout works in months and years, not weeks.

Scout · annual
$1,980/ year

~$5.42/day. Less than the spread on a single options trade.

  • A morning brief on your book, every weekday at 06:42 ET
  • Intraday updates the moment material things move
  • Scout in the app, ⌘J from anywhere — trade structuring, what-ifs, framing
  • Full archive — every edition Scout has filed for you
  • No ads, no upsells, no tiers
Try Scout for 14 days →

14-day free trial · cancel anytime

VI
Questions

The things worth asking before you start.

Honest answers to the questions a serious investor would ask before committing $1,980 to a tool they haven’t tried yet.

01Which brokers does Scout work with?

Scout connects read-only to Schwab, Fidelity, Robinhood, E*TRADE, Webull, TastyTrade, IBKR, and Tradier through SnapTrade and broker-native integrations. If your broker isn’t listed, you can upload a CSV of positions and Scout will read it the same way.

02What does the 14-day trial include?

Everything — the morning brief on your book, every intraday update, the Scout drawer, the full archive — for two weeks. We take a card to start, but it isn't charged until the trial ends; cancel anytime before then and you pay nothing.

03Can I cancel? What about refunds?

Cancel any time from your account page. Full refund within the first 30 days. After 30 days, no refunds — but you keep access through the end of the year.

04Is Scout read-only? Does it ever execute trades?

Read-only, always. Scout watches your positions and files briefs about them. It will never place an order, transfer money, or modify your account. Trades stay yours to execute.

05What if Scout is wrong?

It sometimes is. Scout reads the tape and applies discipline; it doesn’t predict the future. Every brief lands with the framing Scout used and the data behind it — you can see why Scout said what it said and decide whether you agree.

06Does Scout file on weekends and holidays?

No. Scout files weekday mornings at 06:42 ET. On market-closed days the editorial desk goes quiet. Mondays come with a weekend summary if anything material moved on your watchlist.

07I have multiple accounts. Does Scout handle that?

Yes. Scout reads every connected account — IRA, taxable, Roth, joint — and consolidates the brief across all of them. Each position keeps its account tag so you always know which book a recommendation is for.

08How much capital do I need for Scout to be useful?

No minimum, but Scout is built for traders running at least 5–10 active positions. If your book has structure — conviction longs, income trades, an active watchlist — Scout starts paying for itself in weeks.

09Will Scout work for someone new to options?

It will, but it’s not a beginner course. Scout assumes you know what a covered call and cash-secured put are. If you’re still learning the strategies themselves, take a course first. Scout is the discipline layer, not the textbook.

10Where does Scout’s market data come from?

Tier-1 institutional providers — the same feeds used by professional trading desks. Real-time quotes during market hours, end-of-day chains, full historical bar data. Earnings calendars vendor-verified daily.

11Is my account information secure?

Read-only OAuth tokens through SnapTrade and broker-native integrations. Scout never stores your broker password. Account data is encrypted at rest. Scout reads your positions; humans don’t.

12What’s the catch?

Honestly: Scout works best for traders who already have discipline and want to keep it. If you’ve drifted away from your book before, Scout brings you back. If you’ve never had a book to drift away from, Scout isn’t a substitute for learning. Pick the right moment to start.

Don’t get left behind.

Scout will file your first brief tomorrow at 06:42 ET.

Get tomorrow’s brief →