⚡ Arowana Trader 🏦 Portfolio Advisor ⚡ Short-Term 📈 Long-Term
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⚙️ Options Income Strategy

Wheel Strategy Planner

Plan and track the full wheel cycle — Cash-Secured Puts → Assignment → Covered Calls → Called Away. Track premium collected, cost basis, and total yield.

← Dashboard
📆 Sell CSP
Cash-Secured Put
Expires Worthless
Keep premium → repeat
Gets Assigned
Buy 100 shares
📜 Sell CC
Covered Call
Called Away
Sell shares → restart
📆 Phase 1 Cash-Secured Put
📋 Phase 2 Got Assigned
📜 Phase 3 Covered Call
Complete Cycle Done
📈 Stock Setup
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📆 Phase 1 — Cash-Secured Put
Sell a put at a strike you'd be happy to own the stock at. Collect premium. If it expires worthless — keep the premium and sell another.
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📜 Phase 3 — Covered Call
After assignment, sell a call above your effective cost basis to collect more premium. Aim to be called away at a profit.
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📓 Log This Cycle
Logs current CSP + CC details to your cycle history below.
🌟 Running Totals
Total Premium
$0
all cycles collected
Effective Cost Basis
after premium reduction
Annualized Yield
on capital committed
Cycles Completed
0
CSP + CC rounds
📆 CSP Analysis

📆 If CSP Expires Worthless

Premium collected
Cash required (secured)
Return on cash
Annualized yield
Strike vs current price

📋 If Assigned at Strike

Shares purchased
Cost at strike
Effective cost basis
Discount from current
📜 Covered Call Analysis

📜 If CC Expires Worthless

CC premium collected
Updated cost basis
Return on shares
Annualized yield

✅ If Called Away at CC Strike

Sale proceeds
Total premium (CSP + CC)
Capital gain / loss
Total profit per cycle
Total yield on original capital

📓 Cycle Log

No cycles logged yet — complete a CSP + CC cycle and click Add Cycle to Log.