Wheel Strategy Tracker

Follow the full wheel from stock selection to the next cycle.

See how each stage works, then use WealthWheel AI to keep the trade chain, premium, assignment impact, and next decision connected.

How the Wealth Wheel Works

A repeatable process built around stocks you would be comfortable owning.

Choose a stock, sell a cash-secured put, own the shares if assigned, then sell covered calls. When the shares are called away, the process can begin again.

Wealth
Wheel™

Tap each stage to see how it works.

Step 01

Stock

Choose a quality stock or ETF you would be comfortable owning at the right price.

If the stock remains above the strike through expiration, the cash-secured put may expire worthless. You keep the premium and can review another put opportunity.
Assignment means you purchase 100 shares per contract at the selected strike price. The premium already collected becomes part of the ticker's income and cost-basis story.
After you own at least 100 shares, you can sell a covered call at a price where you would be comfortable selling them. You collect premium while the position remains open.
If the shares are assigned through the covered call, they are sold at the call strike. WealthWheel AI keeps the completed cycle connected before you review the next stock or cash-secured put.
A trader may buy back an option after reaching a profit-capture target, or review a roll when changing the strike or expiration better fits the original plan. The decision remains with the trader.
The wheel is a connected sequence, not a collection of isolated trades. Tracking the full cycle preserves premium history, adjusted cost basis, assignment outcomes, rolls, and ticker-level performance.
WealthWheel AI helps you plan, monitor, and manage every stage without losing the history between trades.

How WealthWheel AI supports each stage

Stock

Review the ticker, account context, shares, capital, current price, and the rules that shape the next plan.

Sell Cash-Secured Put

Compare strike, expiration, delta, premium, capital required, and possible assignment impact before placing the trade.

Own the Shares

Track share quantity, average cost, premium collected, adjusted cost basis, current value, and what may deserve attention next.

Sell Covered Calls

Monitor premium capture, buyback targets, expiration, assignment risk, roll history, and whether the position remains aligned with your plan.

What WealthWheel tracks

Open Positions

Track current contracts, strikes, expirations, premium sold, current option value, buyback targets, and assignment risk.

Ticker Story

See what happened, what exists today, what the ticker produced, and where the wheel may go next.

Daily Dashboard

Review what needs attention first, what continues as planned, and what may be ready for redeployment.

Activity & Results

Review closed trades, premium collected, realized results, rolls, and monthly income.

Product screenshots

The Verdict compares a setup against the user's framework and shows the next review step.
Ticker Story connects trade history, current exposure, income, and next review context.
The Daily Dashboard turns open positions into a short daily review list.

Who it is for

WealthWheel AI supports investors learning the wheel and experienced self-directed traders who want a tighter system for managing covered calls, cash-secured puts, shares, premium capture, and rolls.

The goal is better decisions

The platform does not make trading decisions for you. It organizes your trade data and compares setups against the framework you provide, including strategy type, expiration window, delta range, strike selection, premium, capital awareness, buyback rules, and assignment impact.

The result is a clearer daily review: what is open, what changed, what produced income, what may require attention, and where capital may be ready for redeployment.

Why It Matters

The goal isn't predicting the market. It's making better decisions.
Plan. Manage. Track. Repeat.

Explore WealthWheel

Related pages

Keep moving through the WealthWheel workflow with these connected pages.

Covered Call TrackerCash-Secured Put TrackerStock Trade PlanningOptions Trade JournalWealthWheel vs SpreadsheetsAutomatic Portfolio SyncFAQs

Pricing

Pricing

$29/month

Everything included.

  • Trade Lab™
  • WealthWheel Verdict™
  • Open Positions
  • Activity & Results
  • Portfolio Analytics
  • Stock Trade Planning
  • Daily priorities
  • Credit Spreads (coming soon)
  • Automatic Portfolio Sync (Schwab, read-only)

WealthWheel AI is software for tracking, analytics, organizing, and review. You make all trading decisions and confirm trades in your brokerage account.