The Free Wheel Strategy Tracker That Gets the Math Right

Track CSPs, assignments, covered calls, and rolls in one place. See your true adjusted cost basis, options income by campaign, and portfolio yield — no account required, free forever.

Why spreadsheets fail for options sellers

Spreadsheets break on rolls

Every time you roll an option, your spreadsheet needs a new row, new formulas, and manual linking. One mistake and your adjusted cost basis is wrong for weeks.

You can't see your true ACB

After assignment, your adjusted cost basis depends on every CSP and covered call premium collected. No spreadsheet tracks this automatically across the full wheel cycle.

No passive income view

You're selling options premium every month but have no clear picture of your income trajectory, yield on capital, or which wheel strategy campaigns are actually performing.

Campaign-Based Tracking — Not Just a Trade Log

Each wheel strategy campaign groups every leg — cash secured put, assignment, covered calls, rolls — into one view. See your full P/L and adjusted cost basis at a glance without hunting through a spreadsheet.

CC $405 Mar 21+$450
CC $410 Feb 21+$380
PUT ASSIGNED $380100 shares
CSP $380 Dec 19+$550

Adjusted Cost Basis That Stays Correct Through Every Roll

ThetaDesk recalculates your adjusted cost basis every time you add a trade. Roll a CSP? ACB updates. Sell a covered call? ACB drops again. The math is always right, not just when you remember to update it.

Assignment Strike$380.00
Total Premium−$12.40
Adjusted Cost Basis$367.60
Capital Deployed$38,000

PMCC & LEAPS Tracking Built In

Track your poor man's covered call positions separately from the wheel. See your adjusted LEAPS basis as short call premium accumulates, and know your true breakeven at any point.

LEAPS Cost$18.50
Short Call Income−$6.80
Adj. LEAPS Basis$11.70
Recovered36.8%

Your Data Stays in Your Browser

ThetaDesk stores everything in your browser's localStorage. No account, no broker connection, no server ever sees your positions. Your options income data stays private — that's a promise, not a policy.

No account required·Free forever·No broker connection·Export to JSON anytime

Free Calculator Tools

Not ready to track full campaigns? Use our standalone calculators for wheel strategy adjusted cost basis, PMCC breakeven, CSP returns, and more — no login needed.

Start tracking your wheel strategy today

Built for thetagang — CSP sellers, wheel traders, and PMCC/LEAPS investors who want accurate adjusted cost basis and options income tracking without a subscription.

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