The wheel strategy is a popular options trading methodology that generates income through selling cash-secured puts and covered calls. Proper execution of the wheel strategy requires meticulous tracking of your Adjusted Cost Basis (ACB), premium income, and roll cycles. OptionWheelTracker is the ultimate tool for theta gang traders to manage their wheel strategy campaigns, automate ACB calculations, and achieve consistent options income. By accurately logging assignments, tracking dividends, and monitoring net premium collected, OptionWheelTracker empowers options traders to maximize their return on capital and effectively lower their break-even prices over time.


Effective Date: February 22, 2026 | Last Updated: February 22, 2026
PLEASE READ THESE TERMS CAREFULLY BEFORE USING THE SERVICE. BY ACCESSING OR USING OPTIONWHEELTRACKER.APP, YOU AGREE TO BE BOUND BY THESE TERMS. IF YOU DO NOT AGREE, DO NOT USE THE SERVICE.
These Terms and Conditions ("Terms") constitute a legally binding agreement between you ("User," "you," or "your") and OptionWheelTracker.app ("Company," "we," "our," or "us") regarding your access to and use of https://optionwheeltracker.app and its related services (collectively, the "Service").
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OptionWheelTracker.app is an educational trade-journaling and mathematical tracking tool designed for options traders who use the Wheel Strategy. The Service allows users to manually log options trades, organise them into Campaigns by ticker symbol, calculate Adjusted Cost Basis (ACB) across a campaign lifecycle, import trade history from CSV files, and view portfolio analytics and expiry calendars.
IMPORTANT: The Service is a journaling and calculation tool only. We are not a broker, dealer, investment adviser, or financial planner. Nothing on the Service constitutes financial advice, investment advice, trading advice, or any other type of advice. All decisions to buy, sell, or hold any financial instrument are yours alone.
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You are responsible for all activity that occurs under your account and must notify us immediately at support@optionwheeltracker.app of any unauthorised use. Creating multiple accounts to circumvent any usage limitations is prohibited and may result in immediate account termination.
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OptionWheelTracker.app
Email: support@optionwheeltracker.app
Website: https://optionwheeltracker.app