For retail wheel traders
If you already sell CSPs and CCs and need cleaner books, CycleIQ is designed around that workflow.
About CycleIQ
Built for traders who run the wheel. Clear books, clearer decisions.
CycleIQ is a focused web app for retail options traders who sell cash-secured puts and covered calls. We turn scattered fills into readable wheel cycles so you can see premium, cost basis, and outcomes in one place.
Our mission
Most brokers show option legs in isolation. Spreadsheets break the moment you roll, get assigned, or run several tickers at once. CycleIQ exists to close that gap: a durable journal purpose-built for the options wheel lifecycle.
We are not trying to be an all-in-one trading platform. We focus on accurate records, cycle state, and the metrics wheel traders actually use day to day.
What CycleIQ does
When you use CycleIQ, you can:
- Log CSP and covered-call trades manually — strike, expiry, premium, contracts, and fees
- Link legs into wheel cycles, including rolls, assignments, and call-aways
- Review dashboard KPIs such as realized P&L, premium, win rate, and capital deployed
- Track covered-call cost basis on open assigned positions
What CycleIQ is not
Transparency matters for anyone evaluating the product — and for advertising destination standards:
- Not a brokerage: we do not place, route, or execute orders
- Not investment advice: we do not recommend tickers, strikes, or trades
- Not a copy-trading or signal product: you enter and own your own data
Manual-first by design
No broker API required. You control what gets logged, which keeps setup simple and data ownership clear.
Straightforward pricing
Basic is free with a monthly trade cap. Premium is $1/month for unlimited logging via Stripe.
How to reach us
Questions about your account, billing, or how cycles work? Email support or use the contact form. We typically reply within 1–2 business days.
CycleIQ provides software for record-keeping and analysis only. Past performance shown in your dashboard reflects your own logged activity and is not a guarantee of future results. Options trading can result in the loss of capital.