Option Wheel Tracker

This site is used for

• Giving suggestions on which options to sell
• Logging which options you have sold
• Keeping track of total profits/collateral risked from option selling

This youtube video gives a good introduction to how options works

This article gives an explanation for how the wheel works

The general strategy is that we will be selling puts, this results in free premium money, and either we acquire the stock if the stock goes down, or we just keep free premium money and repeat. If we acquire the stock, then we sell calls to try to get rid of our stock.