
That Old Wheel
Options Wheel Strategy Tracker
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Free
About
Sell the put. Take the shares. Sell the call. Collect the premium — and actually understand every number along the way.
That Old Wheel is a tracker built for one strategy: the options wheel. Every ticker becomes a wheel that follows your real trades from cash-secured put, through assignment, through covered calls, to called away — with the math spelled out in plain English at every step.
BEFORE YOU TRADE
• Pre-trade checkup: type a candidate trade, instantly see premium in your pocket, cash secured, breakeven, max risk, and annualized return
• Cushion to your strike, so you know how much room the stock has
• A cash guardrail that warns before a put over-commits your account
WHILE THE WHEEL TURNS
• Snap a photo of your broker's order screen and the trade autofills
• One-tap rolls that keep the whole chain in a single timeline
• Assignment converts the wheel automatically and tracks your true adjusted cost basis — premiums included
• Reminders on expiration morning, and a decision-day board for everything expiring this week
KNOW WHAT YOU'VE MADE
• Cash collected vs. locked-in profit — honestly separated
• Weekly premium chart, per-ticker report card, win rate
• A by-year summary for tax season, and CSV export for your accountant
PRIVATE BY DESIGN
Your trades never leave your device. No account, no cloud, no market-data feeds, no tracking — the app makes zero network connections.
That Old Wheel is a tracking and educational tool, not investment advice.
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What's New in That Old Wheel
1.0
August 4, 2026



