Who is this built for?

Retail investors running the options wheel strategy who want to scan for great trades, track their positions, and make clearer decisions.

What if I want to export my data?

You own your data. Export to CSV anytime. No lock-in.

Can I start for free?

Yes - no credit card required. Create an account and begin with the free plan. All users start with 14 days of Pro to try it out. Upgrade when your workflow grows. If you do not subscribe to Active or Pro at the end of the trial, your account moves to the Starter tier.

Will this connect to my brokerage?

Not yet, but it's on the roadmap. Right now, you manually log trades (30 seconds each), which gives you full control and works across any broker. Most traders log trades right after placing them—faster than updating a spreadsheet.

Can I import my existing trades?

Yes! You can CSV import your holdings. For trade history, you can manually enter past trades or start fresh and track going forward. Most users start fresh because historical accuracy matters less than having clean data from now on.

I already have a spreadsheet. Why switch?

Your spreadsheet works until it doesn't. One formula error, one fat-finger, one complex roll sequence, and you're spending hours troubleshooting. This app eliminates manual calculations, auto-updates holdings on assignment, and tracks partially and fully rolled positions without breaking a sweat. Most users save 3+ hours per week. Plus you get a lot of reporting and analytics to help you make better decisions as well as an options screener to find good trade ideas. Your spreadsheet cannot do that

Is my trade data private?

Absolutely. Your trades are yours. We show aggregated, anonymized data in the Discover section (e.g., "most traded tickers"), but no one can see your individual trades or positions.

Can it help me find options trades based on my preferences?

Absolutely! The screener lets you set your own weights across multiple factors (premium yield, delta, liquidity, days to expiration, etc.) The engine produces a weight-ranked list of cash‑secured puts (CSPs) and covered calls (CCs). That way you see which trades best fit your style.

Purpose-Built for Retail Wheel Traders

Stop Wrestling Spreadsheets.Start Running the Wheel Like a Pro.

Scan options chains for trade ideas. Track every cash secured put and covered call across all your accounts. Manage assignments, expiries, and rolls in one place. See your real P&L - including cost basis shifts - without the formulas, errors, or 3-hour admin sessions.

Track your first trade in under 60 seconds.

Start Free. No card required.Product Tour

Options Wheel Trader dashboard showing open positions, P and L summary, and cash reserves across brokerage accounts.

If You're Running the Wheel, You Know These Pain Points

Your Spreadsheet Is a Part-Time Job

Manual entry for every trade
Copy-paste stock prices from Yahoo Finance
Recalculate formulas when you roll
One mistake ruins your P&L tracking

Assignment Day = Spreadsheet Nightmare

Update holdings tab
Recalculate cost basis
Mark the put closed, start tracking the covered call
Hope you didn't fat-finger something

You Can't Answer Simple Questions Fast

"How much cash do I need for all my open puts?"
"What's my win rate on XYZ?"
"Should I roll this or take assignment?"
"What are the best CSP/CC trades matching my criteria?"

Multi-Account = Multi-Spreadsheet Hell

One spreadsheet per brokerage
No consolidated view
Can't see portfolio-level metrics
Forget about tracking performance across accounts

Built by a Wheel Trader, for Wheel Traders

I built Options Wheel Trader because my own spreadsheet kept breaking and the manual effort to manage was substantial. Cost basis math was wrong, price updates were manual, roll history was hard to track, and multi-account management meant juggling separate files. Most importantly, I was spending too much time on admin and not enough time making decisions.

Every part of this app exists to solve real wheel workflow pain. I keep building new features into it regularly - including enhanced reporting and analytics and an options screener to find good trade ideas. Everything is built specifically for wheel traders like you and I - so we can spend less time on admin and more time making decisions.

Everything You Need to Run the Wheel, Nothing You Don't

Get a high-level command center for your options process, from first premium collected to final exit, including an Options Screener for faster idea generation.

How the wheel strategy works

Learn More

Step 1

Sell Cash-Secured Puts

Choose stocks you want to own and collect premium while waiting for your entry.

Step 2

Get Assigned or Keep Premium

If assigned, move into shares with clear basis tracking. If not, repeat and collect income.

Step 3

Sell Covered Calls

Generate additional premium while holding shares and define your intended exit zone.

Step 4

Close, Get Called Away, and Repeat

Capture outcomes, review performance, and continue the cycle with better data every round.

Key features and functionality

Tour the App

Log Trades in 30 Seconds, Not 5 Minutes

Ticker, strike, premium, contracts, expiry — done. Auto-calculates breakeven, annualized return, DTE. One consistent form for CSPs, CCs, and exits. Stop context-switching between spreadsheet tabs.

Assignments That Update Holdings Automatically

Mark a put assigned → shares added at correct cost basis. Mark a call assigned → shares removed, P&L calculated. No manual copy-paste between tabs.

See Your Real P&L, Not Your Guessed P&L

Premium collected minus current option value = real open P&L. Cost basis shifts tracked through assignments. Closed P&L separated from assignment P&L. Adjusted cost basis for wheel traders.

Roll Positions With Full Context

Full and Partial Rolls. Linked rolled trades to see your roll history. Compare strikes, expirations, and outcomes. Evaluate if rolling was the right call. Make better roll decisions with data, not gut feel.

Multi-Account Dashboard That Actually Makes Sense

See all positions across brokers in one view. Filter by account, ticker, moneyness, status, period. Integrated P&L and analytics reporting. Manage wheel trades across brokerages without losing your mind.

Performance Reports That Show What's Working

P&L trends with charts, premium reports, assignment reports, roll chains, and more. Trade Insights report breaks down wins and losses with drilldown analytics so you can quickly see which setups are working.

Screen trades and Discover Better Wheel Setups

Options Screener to filter for candidates that fit your wheel criteria. Discover most-traded tickers across all users. Find small-account ideas (stocks under $20). See the most rolled and assigned positions.

Most Traded Tickers

Top tickers traded by the community

NVDANvidia Corp
$221.00
BULLWebull Corporation Class A Ordinary Shares
$6.19
HIMSHims & Hers Health, Inc.
$27.33

Small Account Ideas

High-interest tickers priced under $20

BULLWebull Corporation Class A Ordinary Shares
$6.19
SOFISoFi Technologies, Inc. Common Stock
$17.60
FFord Motor Company
$16.11

Want deeper context? View the full Discover dashboard with expanded lists and filters.

Explore Discover with a free account

Spreadsheet vs Options Wheel Trader

Task	Spreadsheet	Options Wheel Trader
Screen options trades	Not possible	Options Screener finds trades that fit your criteria
Log a trade (CSP or CC)	3–5 min (find row, enter data, copy stock price)	Under 30 seconds
Handle assignment	20–30 min (update holdings, cost basis math, mark closed)	1 click
See open P&L	5 min (refresh or copy/paste prices, check formulas)	Real-time
Roll a position	10 min (close old, log new, link them somehow?)	Less than 1 minute
Get cash reserves for puts	5 min (sum up contracts × strikes × 100)	Always visible
Multi-account view	Multiple spreadsheets	Single dashboard with P&L and analytics reporting

Start Free. Upgrade When You're Convinced.

Start for free with no credit card required. All new users get 14 days of Pro free, then move to the plan that fits your workflow. Free tier is available forever, and you can upgrade when you are ready.

Stop Fighting Your Spreadsheet. Start Trading Smarter.

Start with a free account. Screen options trades, log trades, and manage your P&L in minutes.

New to Options Wheel Trader?

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Free tier available forever
Full setup in under 5 minutes

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Review & manage your open positions
Screen options trades. Log today's trades

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