Comparison

Wheel Strategy Tracker vs That Old Wheel

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Wheel Strategy Tracker

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Wheel Strategy Tracker is the dedicated journal for options traders running the wheel strategy. Stop juggling spreadsheets, and manage every Cash-Secured Put and Covered Call in one place, with the metrics that actually matter. TRACK YOUR FULL CHAIN Every position tells a complete story. WheelTracker links your rolls, closes, and assignments into a single chain, so you always see how much premium you've collected from first open to last close, across every leg. POSITIONS TAB - View your active CSP and CC positions at a glance - Days-to-expiry countdown ring color-codes urgency: green (21+ days), orange (8–21), red (7 or fewer) - Filter by strategy, status, or ticker SHARES TAB - Automatically tracks shares received from CSP assignments - Clears positions when shares are called away by a CC assignment - Adjusted cost basis updates as you collect covered call premium SUMMARY TAB - Portfolio-level metrics: total premium collected, annualized ROI, capital at risk, and more - Realized P&L for closed and called-away positions - Capital locked in active puts vs. shares held POWERFUL WORKFLOWS - Roll a position forward with one tap. Preserves your full chain history - Close early and capture partial premium - Assign shares from a CSP and immediately sell a CC against them - Edit any leg in a chain without breaking chain integrity IMPORT & EXPORT - Export your full trade history as CSV or XLSX for analysis in Excel or Numbers - Import from CSV or XLSX to restore or migrate data - Replace or append modes for flexible data management BUILT FOR PRIVACY - 100% on-device. No accounts, no cloud sync. - Your trade data never leaves your device. Wheel Strategy Tracker is purpose-built for the wheel strategy. If you sell puts for income and manage assignments with covered calls, this is the tool designed around your workflow. Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

About

That Old Wheel

Features
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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.

Screenshots

That Old Wheel4 screens

Verdict

The call

The clearest difference is in-app purchases: That Old Wheel at none against Wheel Strategy Tracker's 2. That Old Wheel also leads on device support and iOS requirement (17.0 vs 26.2). On price there is nothing between them.

Scored on Price Ā· Rating Ā· Positive reviews Ā· Number of ratings Ā· Update frequency Ā· Ads Ā· In-app purchases Ā· Monetization Ā· Best chart rank Ā· Devices Ā· Requires iOS

CostPrice Ā· In-app purchases Ā· Ads Ā· Monetization

Both are free to download. Wheel Strategy Tracker sells 2 in-app purchases, starting at $4.99 per month. That Old Wheel asks for nothing beyond the download.

Scorecard3 real differences Ā· 2 level
Wheel Strategy Tracker versus That Old Wheel: the parameters behind the verdict, then further details
ParameterWheel Strategy TrackerThat Old Wheel
PriceFreeFree
Ads—No
In-app purchasesYesNo — better
Devices—iPhone, iPad — better
Requires iOS26.217.0 — better
Further details — not scored
Size3 MB2 MB
Age rating4+4+
DeveloperDARREN HON HWEE HOWilliam Lawrence

In-app purchases

2 purchases

Wheel Strategy Tracker

Subscriptions2
  • WheelTracker Pro$4.991 Month
  • WheelTracker Pro$39.991 Year
None

That Old Wheel

No in-app purchases

Questions

Is Wheel Strategy Tracker free?
Wheel Strategy Tracker is free to download, with in-app purchases available.
Is That Old Wheel free?
That Old Wheel is free to download, with no in-app purchases.

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