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Wheel strategy tracker

Your full options wheel, one clear view.

CycleIQ connects cash-secured puts, assignments, and covered calls into wheel cycles — so you can track premium, realized P&L, cost basis, and open positions without spreadsheets or broker tab-hopping.

  • Manual trade log — no broker API required
  • Wheel cycles with roll chains and per-leg net P&L
  • Dashboard KPIs aligned to how you actually run the wheel
Dashboard

Realized P&L

$4,280

Options + call-away stock

Total Premium

$12,480

Gross, all legs

Win Rate

68%

Terminal outcomes

Active Trades

7

Open legs

Active positionsTrades →
AAPLCSP open
MSFTStock held
NVDACC open

How it works

Log trades manually. CycleIQ links legs into cycles and keeps analytics in sync.

1

Log your trades

Enter CSPs and CCs with strike, expiry, premium, contracts, and fees. Set trading defaults for faster entry.

2

Cycles link up

Trades auto-attach to wheel cycles. Rolls stay on the same chain; assignments and call-aways update cycle state.

3

Review and act

Use the dashboard for P&L and capital, the trade log to expire or roll, and Cycles for wheel visuals and CC cost basis.

Built for the wheel — not generic options

The problem

  • Brokers list legs separately — hard to see the full CSP → CC story
  • Spreadsheets break when you roll, get assigned, or run multiple wheels
  • Realized P&L and cost basis get messy across rolls and call-aways

With CycleIQ

  • One cycle per wheel with CSP, assignment, CC legs and roll history
  • Realized P&L includes option cashflow and stock gain on call-away
  • CC cost basis tracked per open wheel — aligned with dashboard logic

What you get

Everything in the app today — no vaporware feature list.

Wheel & cycle view

Visual fan diagram per wheel, completed vs active states, and net P&L between legs including roll buybacks.

Dashboard analytics

Capital invested, realized P&L, win rate, open premium yield, and daily/weekly/monthly premium charts.

Trade workflow

Filter by CSP/CC and status, expire, roll, assign, or buy to close — with live quotes on open legs.

CC cost basis

Per-wheel initial vs current stock cost after realized CC premium — only for open assigned positions.

Start tracking your wheel today

Free to use. No broker connection. Log your first CSP in minutes.