Spoke vs ThetaForge

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.

ThetaForge helps you model, visualize, and understand options strategies in a visual, educational environment. Build single-leg and multi-leg options structures, explore payoff behavior, adjust volatility assumptions, and test theoretical scenarios across price and time. Whether you are learning options mechanics or comparing complex strategy shapes, ThetaForge gives you a clear way to understand breakevens, defined risk, payoff behavior, and model-based outcomes. ThetaForge is designed as an educational strategy modeling tool — not a brokerage, signal service, or financial advisor. What you can do with ThetaForge Create and analyze options strategies including calls, puts, spreads, covered positions, and multi-leg structures. Visualize strategy payoff across a range of underlying prices. Explore breakevens, max profit, max loss, and risk-defined behavior. Adjust volatility assumptions to see how theoretical values may change. Model scenarios across price movement, time, and implied volatility. Compare strategy behavior before expiration and at expiration. Use strategy templates and guided explanations to better understand common options structures. Review neutral, risk-focused explanations that explain mechanics without telling you what to trade. Built for options learners and strategy builders ThetaForge is for people who want to understand how options strategies behave. It can help you explore questions like: How does this spread behave if the underlying moves up or down? Where are the breakeven points? How much risk is defined upfront? How does volatility affect the theoretical value of the position? What happens as time passes? How do multiple legs interact inside one strategy? Educational, visual, and privacy-conscious ThetaForge focuses on strategy modeling and theoretical analysis. It does not connect to brokerages, place trades, provide trade signals, or provide personalized investment recommendations. It is built to help you explore mechanics, structure, payoff, and risk in a clearer way. Important disclaimer ThetaForge is provided for educational and informational purposes only. It does not provide financial, investment, trading, tax, or legal advice. Options involve risk and are not suitable for all investors. Theoretical outputs, models, and scenarios are estimates only and may differ from real market prices, fills, liquidity, assignment behavior, taxes, fees, and other real-world outcomes. Always do your own research and consult a qualified financial professional before making financial decisions. License Agreement By downloading or using ThetaForge, you agree to Apple’s Standard End User License Agreement: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/