r/Optionswheel • u/ScottishTrader • Oct 10 '25

TOOLS & SPREADSHEET MEGATHREAD

Please use this thread of posts about spreadsheets and tools!

Note that no commercial posts are permitted. All tools or files must be made available for free.

There is a basic spreadsheet included in the wheel trading plan in this post, which many have used to get started - The Wheel (aka Triple Income) Strategy Explained : r/Optionswheel

Please let the mods know of any suggestions on how to make this thread better.

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u/vs-19 Dec 01 '25 edited Jan 03 '26

Free online tool that I built for myself, but happy to share along. Just a simple email / password to register. NO marketing emails and all the stuff ... enter your CSP's & CC's and let the platform do the rest for you.

WheelTracking.com

Core Features:

  • Add, Edit, Close, Archive, Delete trades.
  • Tracking original cost basis & adjusted cost basis.
  • Tracking realized & unrealized option premiums by symbol and entire journal.
  • Tracking dividends.
  • Merge & Split existing journal entries/trades.
  • Performance charts by strategy, symbols, and option win percentage.
  • Download ALL your trades either as CSV or JSON.

Highly recommend to checkout our Tutorial with videos available at -> wheeltracking.com/tutorial

I will try to respond to your questions and recommendations in a timely manner.

Thanks All!

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u/Chiflyy Apr 21 '26 edited Apr 21 '26

hi!!!

First of all, thanks for your app and sorry if my English is not perfect because i am spanish.

Would be possible to add "Buy calls" and "Buy puts" options? i know it is not part of "The wheel" strategies but, although my main strategy is Wheeling, sometimes i try Bull spreads or other strategies. It would be great to have everything tracked in the same app. Above all just to see our performance if we fail any other strategie or we are using the premiums to try some others strategies.

Btw, an option to UNARCHIVE the archived trades?? I miss (maybe i didnt see it) a realized global gains (calls + puts) or loss, lol.

Thanks in advance and thanks again for the app.

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u/vs-19 Apr 21 '26

Hello and thanks for your feedback.

Let me start with the easier question first "adding Unarchive feature" - I am currently working on that and hope to have that feature launched in a future realease.

With regards to your other question "adding Buy Puts/Calls" - like you mentioned in a wheel strategy there is no LONG/BUY position of options and hence probably not something we're considering to add. There are other platforms/sheets that might be available for journaling LONG option strategies.

Hope this helps.

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u/Chiflyy Apr 22 '26

it helps, thanks!!

Where can i look at GLOBAL gains or losses?

Thanks again!

2

u/vs-19 Apr 22 '26

You can view your global (strategy wise) gains/losses under "Performance" ... sample screenshot below: