WheelTracker scores every cash-secured put, roll and covered call against your stated objective — so you stop chasing premium and start trading your plan.
Decision support based on rules you configure. Not financial advice. It never places trades.
Premium alone can't tell you whether a trade is good. The same cash-secured put is a confident GO for one profile and a clear SKIP for another. Flip the profile — watch the verdict, and the reasons, change.
Illustrative USD contract and profile outcomes · scores /100, not live market data. Yield uses strike capital before fees. Portfolio checks and event coverage can change the assessment.
Track option cash and share gains or losses through the same cycle. Premium is cash received, not guaranteed profit: shares can fall and closing an option costs money.
Sell a cash-secured put on stock you'd be glad to own. Keep the premium whether or not you're assigned.
If assigned, share gains or losses are measured against acquisition cost. Option cash remains separate, so premium is not counted twice in profit.
Track call premiums and any buybacks against your shares. Review called-away share results against their own acquisition cost.
No black box, no single number to trust on faith. Each verdict names the reasons that produced it — in the order they mattered.
Illustrative USD example · fit score /100 · event coverage assumed for this example.
Strong fit for Patient Accumulator. Effective entry $182.90 sits inside your buy-zone, delta 0.27 in range, IVR 47, and no earnings before expiry.
Net option cash changes your cash-adjusted reference across the campaign. Paid fees and realized share gains or losses also matter. FIFO share cost, tax basis and current option closing costs remain separate.
Simplified USD example: assigned at $185, premiums of $2.10, $1.50 and $1.45 leave a $179.95 cash reference per share before fees. This is not the price needed to liquidate the whole position.
Your profile's rules — buy-zone, delta band, IVR floor, earnings policy — score every contract. Same inputs, same verdict, every time.
It never decides. It turns the engine's reasons into plain language you can audit — so every verdict shows its work, and nothing is taken on faith.
No account required to read on. Here's what it costs, what it does with your trades, and what the shorthand means.
A patient options routine on stock you'd be glad to own. You sell a cash-secured put and collect premium; if the shares are assigned to you, you sell covered calls against them for more premium, until they're called away and the cycle starts again. WheelTracker scores each of those trades for you.
Yes — free to start. Sign up with an email, confirm it, and you're in. No credit card, no trial countdown.
Never. It only supports your decisions — it scores and explains trades and shows their reasons. It cannot place, modify or cancel any order. You always act in your own broker.
No. You can explore and score trades without connecting anything. If you use Interactive Brokers, you can optionally link a read-only Flex connection so your real trade history flows in for richer tracking — it's read-only and never has trading access.
Solo options traders running the Wheel on a handful of US tickers, who want every put, roll and call graded against their own goal instead of chasing the fattest premium.
The scoring uses a few standard options terms. Here's the plain-language version:
No setup marathon, no broker to connect. Create an account, tell WheelTracker what you're after, and it starts scoring — in plain language, from the first trade.
Steady income, or shares you'd be glad to own? Pick the profile that matches what you want from the Wheel.
Every cash-secured put, roll and covered call is graded against that goal — no guessing, no chasing premium.
GO, WAIT or SKIP — in plain words that show their reasons. You stay in control and place any trade yourself.
Decision support based on rules you configure. Not financial advice — and it never places, modifies or cancels trades.