That Old Wheel

Track every cash-secured put and covered call in the wheel — premium, breakeven, risk, and annualized return, all in one private, offline log.

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.