Comparison

WheelScanner vs Spoke

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

Head to head
About

WheelScanner

Features
Read full description

WheelScanner finds the best options for the Wheel Strategy — Cash Secured Puts and Covered Calls — so you don't have to spend hours screening manually. ▸ RISK SCORING & AI ANALYSIS Every ticker gets a risk score based on deep data analysis — earnings proximity, volatility rank, option liquidity, and safety ratios — helping you avoid dangerous trades. ▸ PAPER TRADING Practice the Wheel before risking real money. Open positions, track P&L, and build confidence with zero risk. ▸ WATCHLIST & PRICE ALERTS Track your favorite tickers. Set price alerts and get notified when a stock hits your target entry. ▸ TOP ETFs & MAG 7 Quickly scan popular ETF indexes (SPY, QQQ, IWM, DIA) and Magnificent 7 stocks with one tap. ▸ BUILT FOR THETA TRADERS WheelScanner is purpose-built for income-focused options traders running the Wheel. No clutter, no noise — just the data that matters. SUBSCRIPTION OPTIONS • Pro Monthly — $14.99/month (3-day free trial) • Pro Annual — $124.99/year (save 30%) Free version includes market scans (top 5 results), watchlist (5 tickers), and paper trading (2 positions). Pro unlocks AI analysis, Sell CALL strategy, price alerts, and unlimited access. Payment is charged to your Apple ID account at confirmation of purchase. Subscription automatically renews unless canceled at least 24 hours before the end of the current period. Your account will be charged for renewal within 24 hours prior to the end of the current period. You can manage and cancel your subscriptions in your Account Settings on the App Store after purchase. Terms of Use: https://api.wheelscanner.app/terms Privacy Policy: https://api.wheelscanner.app/privacy DISCLAIMER: WheelScanner provides financial data and tools for informational purposes only. It is not financial advice. Options trading involves significant risk and is not suitable for all investors. Past performance does not guarantee future results.

About

Spoke

Track options trades like cash-secured puts and covered calls with detailed P&L analysis. Utilize AI for trade reviews and insights. Data stays on your device for enhanced privacy.

Highlights
  • Track cash-secured puts and covered calls
  • Monitor premium accumulation on calendar
  • AI trade review and position analysis
  • Share lot tracking with cost-basis math
  • Realized P&L calendar
  • Manual entry or CSV import
  • Data stays on device
Read full description

Spoke is a wheel strategy tracker for options traders. Log every cash-secured put, assignment, covered call, and called-away exit, and Spoke links them into one continuous cycle with the share lot in the middle, so you always know your real cost basis, your breakeven, and how much premium each cycle has actually paid you. Nothing to configure and no broker login. Your positions stay on your device. TRACK THE WHEEL FOR FREE • Up to 5 open wheel positions (cash-secured puts and covered calls) • Share lots with automatic cost-basis math, including premium collected • Realized P&L calendar that shows which days actually paid you • Position detail with breakeven, max gain, max loss, and cycle totals • Options chain browser with DTE, delta, and premium at a glance • Rolls, assignments, and expirations update the cycle automatically • Full backup and restore • 3 AI Trade Reviews per month SPOKE PRO Pro removes the position cap and adds the analytical layer: • Unlimited positions, plus naked shorts, long calls, and long puts • AI Trade Review: enter a proposed strike, DTE, and credit and get Greek exposure (delta, theta, vega, gamma), effective breakeven including fees and cost basis, a stress-tested P&L heatmap across price and time, a Find Best Fit scan of nearby strikes and expiries, and a written analysis • 50 AI Trade Reviews per month on the advanced model, and then unlimited on the standard model • Wheelhouse Brief: a daily read on every open position, with a Detailed Mode covering capture velocity, concentration, risk hotspots, and roll candidates • Brokerage CSV import with AI column mapping, saved as presets for one-tap re-import • Full Charts tab with Profit Factor, Capital Concentration, and four deep performance visualizations • 15-minute-delayed quotes on positions and chains • Greeks and IV surfaced across the app • Smart and custom alerts (Greek thresholds, price triggers, custom rules) • Priority support and early access to new features BUILT AROUND THE WHEEL Spoke treats the four legs of the strategy (cash-secured put, assignment, covered call, called away) as one cycle rather than four disconnected trades. Realized P&L is attributed to the close date, matching how brokerages report it. PRIVACY Your positions, share lots, and settings stay on your device. Market data is fetched from Polygon.io. AI Trade Reviews send only the fields required to run the analysis (ticker, strike, expiry, quantity, credit) to OpenAI on your behalf. No account numbers, no personal information. SUBSCRIPTION Spoke Pro is available as: • Monthly: $9.99 per month • Yearly: $79 per year • 7-day free trial Payment is charged to your Apple ID at confirmation of purchase. Your subscription renews automatically unless auto-renew is turned off at least 24 hours before the end of the current period. You can manage or cancel any time in your Apple ID account settings. Terms of Use (EULA): https://www.spokeoptions.com/terms Privacy Policy: https://www.spokeoptions.com/privacy IMPORTANT Spoke is a tracker and analysis tool. It does not place trades, provide investment advice, or execute orders. Options trading involves substantial risk and is not suitable for every investor. Market data may be delayed. Consult a licensed financial advisor before making trading decisions. We'd love your feedback. Tell us what's missing at contact@sixdot.ai.

Screenshots

WheelScanner4 screens
Spoke4 screens

Verdict

The call

WheelScanner and Spoke are too close to call on the numbers: across 5 compared parameters — price, ads, in-app purchases and device support among them — neither pulls far enough ahead to decide it. What separates them is feature set and interface, not measurable difference.

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

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. WheelScanner sells 2 in-app purchases, starting at $14.99 per month and Spoke sells 2 in-app purchases, starting at $9.99 per month. Whichever you choose, the download price is not the number that matters.

ScorecardNo meaningful differences
WheelScanner versus Spoke: the parameters behind the verdict, then further details
ParameterWheelScannerSpoke
PriceFreeFree
Rating—4.5 (2 ratings) — better
Number of ratings—2 — better
Update frequency—Every 4 days
AdsNoNo
In-app purchasesYesYes
Monetization—Freemium
DevicesiPhoneiPhone, iPad — better
Requires iOS26.0 — better26.1
Further details — not scored
Size25 MB31 MB
Age rating4+4+
DeveloperDauren AmreyevSixdot, LLC

In-app purchases

2 purchases

WheelScanner

Subscriptions2
  • Pro Monthly7 Days trial$14.991 Month
  • Pro Annual7 Days trial$124.991 Year
2 purchases

Spoke

Subscriptions2
  • Spoke Pro Monthly1 Month trial$9.991 Month
  • Spoke Pro Yearly1 Month trial$79.001 Year

Questions

Is WheelScanner free?
WheelScanner is free to download, with in-app purchases available.
Is Spoke free?
Spoke is free to download, with in-app purchases available.
Do WheelScanner or Spoke have ads?
Neither WheelScanner nor Spoke shows ads.

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