Calculate your true adjusted cost basis (ACB) for wheel strategy positions. Enter your assignment strike and all premiums collected from cash secured puts, rolls, and covered calls to see your real cost basis per share.
Your adjusted cost basis in the wheel strategy is your assignment strike minus all net premiums collected — across every CSP, roll, and covered call. As you sell more covered calls, your ACB keeps dropping. ThetaDesk tracks this automatically across the full wheel cycle.
Formula: ACB = Assignment Strike − Total Premium Per Share