Wheel Strategy

Built around the wheel — not bolted on.

Cash-secured puts, assignment, covered calls, and rolls — Tradevada tracks every leg of the cycle and the one number that decides if it’s working: your true breakeven.

01

Cash-Secured Puts

Sell CSPs and track strike, delta, DTE, and premium collected. Assigned? You own the shares — at a basis you chose.

02

Assignment, handled

When a put is assigned, your cost basis and share position roll into the cycle automatically — no manual re-entry.

03

Covered Calls

Sell calls against assigned shares, stack more premium, and see your called-away price and upside trade-off at a glance.

04

True breakeven

Your real cost basis after every dollar of premium — the price below which you’re red even after selling calls.

05

Roll tracking

Log rolls up, down, and out. Tradevada nets the credits and debits across the whole chain so you know where the position really stands.

06

Full-cycle view

Every ticker’s wheel from first CSP to called-away, with P&L broken out by leg — see which cycles actually worked.

Track every leg of the wheel — free.

Start with manual entry and CSV import. Upgrade to Pro or Wolf Pack Edition when you want trades flowing in automatically from your broker.

Get Started →