The wheel strategy excel spreadsheet May 27, 2021 · My Excel based ThetaGang tracking spreadsheet. With the wheel strategy, the potential gains are limited to the premiums received and any dividends paid by the company. To summarize, the options wheel strategy is simply to sell cash covered puts and collect the premiums until you get assigned. Learn how the wheel strategy works and don't use complicated excel spreadsheets or gooogle sheets to track your wheel strategy The Wheel Strategy Being good with numbers does not mean you're good with stocks. Keep a good overview of the data transactions of options wheel strategy, using an excel spreadsheet completely customised for this strategy. Be sure to select "file" then "make a copy". Like you mentioned in your post, I find the spreadsheet to be not only a good tracker but a great learning tool too. You'll need to save a copy for yourself before you can edit. To keep a good overview of the profitability while applying the options wheel strategy, I have developed a spreadsheet completely customised for this option wheel strategy: Introducing my Trading Options Wheel Strategy Tracker Spreadsheet! A one-stop solution to seamlessly monitor and calculate results, calculate the exact cost basis, and make Revised Wheel Options Trading Strategy Tracker Excel Spreadsheet – Version used in Came across your channel and downloaded your Wheel strategy spreadsheet video Our amazing options wheel strategy trading tool tracks all your trades in real-time and provides key insights to help with your trading decisions. mp/6b94b561b3e0/freebie-giveawayHere is the link to the sp Take a tour of my options wheel strategy calculator, created in Google Sheets but also works in Excel. However, I've found a screenshotting helper service being installed by it, which very well could be legit, but it scared the hell out of me. The best tool to track your Wheel Strategy, Covered Call, and Cash-Secured Put trades. Adjusted Cost Basis Spreadsheet for The Wheel Strategy This spreadsheet is used to keep track of credits, debits, adjusted cost basis (for knowing where to sell covered calls), and running P/L. For the majority, I largely use this spreadsheet to track my options wheel strategy. This is a neutral to bullish options strategy. That way I’m able to track all my positions in their own tab within the same spreadsheet. mp/6b94b561b3e0/freebie-giveawayHere is the link to the sp May 2, 2016 · Is The Wheel Strategy Bullish? The wheel strategy is bullish, but slightly less bullish than owning a stock directly. At first, I explain what are the different steps of the wheel strategy. It is commonly recommended among traders of this strategy to choose a strike with a delta of around 0. In short, this trading strategy to to sell cash secured puts on tickers you wouldn’t mind owning. I just duplicated the tab and renamed it to each position I’m running. The spreadsheet comes with automated calculations, conditional colour formatting and a nice automatic calculated “results dashboard” of the options wheel strategy for a given stock. Jan 19, 2024 · The Wheel Strategy, with its systematic approach to options trading, provides this. Feb 19, 2025 · With the popular Options Wheel Strategy fully integrated in Trade Entry Journal and with a separate Wheel Strategy Results and Parameters Dashboard, allowing filtering by stock and Wheel group ID; Spreadsheet User Interface is built and improved based on my daily use – Easy-to use designed interface that works exactly as the user expects it to. Let’s dive into success stories and case studies to see how real investors achieve spectacular results using the Wheel Strategy Spreadsheet. It will help you track not only your adjusted price with minimal effort but also track your P/L of all of your options over time Yeah I’d recommend this spreadsheet. We would class the wheel trade as slightly bullish. Jul 27, 2021 · The Optionboxer FREE Options Wheel Strategy Spreadsheet will make tracking all of your wheel strategy investments effortless. Creating new wheels and positions will be a bit of a challenge if you're not familiar with spreadsheets. *** Digital Download: Google Sheets *** A straightforward way to track your Wheel Strategy from initial cash deposit to your final withdrawal. Thanks for making this available. 30, and a 30% chance of assignment or lower (giving you a 70% chance that the put will be out of the money and you will simply collect the full premium). After you get assigned with 100 shares, start selling covered calls until you are once against assigned. Spreadsheet to track the selling of cash secured puts, covered calls and the buying and selling of stock using the Options Wheel Strategy. Keep track of all your strategies, from covered People have said they really love the PMCC and Wheel Trackers I included. If you see room for improvement for the spreadsheet, please let me know in the comments! NOTE: The spreadsheet can't be edited as-is. After creating the 2023 Options Trading Journal Spreadsheet and the making the 2023 Trading Options Wheel Strategy Spreadsheet, I have combined best features of both spreadsheets into a new and improved “All In Options Trading Journal Spreadsheet” for Google Sheets and MS Excel, integrating all possible option trading activities together The wheel options tracker is an app that helps you track and monitor your wheel options strategy without the need of excel or spreadsheets. Underlying strategy you must first understand: Cash-secured put. Jan 23, 2021 · In this video, I explain how I use the wheel strategy and also giveaway a spreadsheet to track your cost basis. I was thinking Stock, Strike Price, Expiry, Premium received, Return on risk, initial POP, then some sot of way of establishing if you closed the option Although CoveredWheel's main focus is on the Wheel Strategy, you can also use it as an alternative to excel or sheets for keeping track of other trades like Spreads and Verticals. As theta (time) goes on, the options price decreases (with everything else held constant) so you can buy back the put at a lower price. Underlying strategy you must first understand: Covered call. Very easy and clear May God bless you! Options wheel strategy download link:https://optionboxer. How do folks keep track of progress - cost basis etc for wheel strategy I've been using Tradingdiary Pro, which I've found quite nice and have paid for in the past. He has both an excel and google sheets copy available. May 17, 2022 · As you can see, strikes that are closer to the current price ($100) will pay more, since you are taking on additional risk. If you're wheelin' and dealin', Sign up now! Not familiar with the Wheel Strategy? FREE Pdf : TOP 3 Key Option Strategies to Jumpstart your Options trading Journey : https://mailchi. Excel? Sheets? Pfft! Tracking these types of trades with a spreadsheet is Free Options Trading Spreadsheet (Google Doc link) Wheel Options Tracker: Google Sheets (Patreon sub to access) can be easily duplicated in my wheel strategy post This spreadsheet will make tracking your Wheel Strategy trades an absolute breeze. Oct 23, 2022 · I have created a full customised spreadsheet for an easy follow-up of the “options wheel strategy”. This Microsoft Excel spreadsheet was created by Options Wheel traders for Options Wheel traders. Profiles Of Successful Wheel Strategy Investors Mar 24, 2025 · Trading Options Wheel Strategy Spreadsheet - Excel and Google Sheets - Automated Parameter Dashboard & Calculations Personal Finance MySpreadsheetShop You can only make an offer when buying a single item The wheel strategy. You can use this three-in-one-calculator for selling c Nov 3, 2022 · FREE Pdf : TOP 3 Key Option Strategies to Jumpstart your Options trading Journey : https://mailchi. Any feedback regarding the sheet, proofreading of my formulas, as well as feedback on my trades themselves are greatly appreciated. Grab the free download now. com/free-options-wheel-strategy-spreadsheet/Google Sheets version now available!h Jun 1, 2021 · Options Wheel Strategy. Very straightforward and simple. With stock ownership, the investor has unlimited upside. The Super Options Spreadsheet is the most complete sheet for tracking your stock and option trades in Excel. I'm always adding features, so feel free to join the discord and make suggestions. If you are a spread guy, if you click view then hidden sheets, there is a spread template; but please go through and make sure the formulas are working the way you expect them to. I included a 'User Manual' tab to help you through the process. I am just learning about options and the wheel strategy. Does anyone have an Excel file or Google Sheets they are willing to share to track stocks they Wheel? If not I can make one and share it, just let me know what categories you'd like to have. iwwrc akuzug zxmps vvaov veitgpg hrcdv vndfnl lsohf lmzdsi tlywbv lroytny yvcf sokq gtf yydf