Options Wheel Pro is a quiet, thoughtful iPhone app for tracking cash-secured puts, covered calls, and the long slow compound of premium collected.
The wheel strategy is simple in theory and fiddly in practice. Options Wheel Pro makes the bookkeeping invisible so you can focus on the decisions that matter.
Pick a ticker you'd own at a discount. Collect premium while you wait.
Expires worthless? Keep the premium. Assigned? You now own 100 shares at your strike.
Above your cost basis, start collecting premium again while you hold.
Shares called? Pocket the gain, log the cycle, spin it again.
Ticker, strike, expiry, premium — done. No broker linking, no OAuth, no surprises.
See every cycle on every ticker: CSP → assignment → CC → called away → reset. At a glance.
Per-trade, per-day, APY, collateral efficiency. Tabular numerals. No clever flourishes.
Premium collected over time. The chart that matters more than any single position.
Expiry this week. Assignment risk crossing your threshold. Nothing more.
No accounts, no sync by default. iCloud sync is optional and end-to-end encrypted.
Premium collected this year. Open positions with assignment risk. The trailing 30-day shape of your performance. No tabs to dig through.
A single screen with the five fields that matter. Premium, strike, expiry, contracts, type. The math — APY, collateral, per-day — updates as you type.
Every CSP, assignment, CC, and called-away on a ticker — grouped, summed, and shown as the cycle it really is. Know which wheels are paying and which are just spinning.
“Finally, a wheel app that feels like it was made by someone who actually runs the wheel. No dashboards I don't need, no paywall on the stuff I do.”
“The Wheels view is the feature I didn't know I needed. Seeing a whole ticker's cycle at once changed how I pick strikes.”
“I tried three spreadsheets and two apps before this one. Now I just open OWP, tap new trade, and move on.”
Free to download. A single one-time unlock for Pro features. No subscriptions, ever.