Private beta · Dec 2026 · 50 founding seats at $19/mo for life

Track the wheel the way
you actually trade it.

wheelhouse-trades follows your trades as campaigns — the full CSP → roll → assignment → CC lifecycle — with true cost basis recalculated after every leg. Built by a wheel trader who got tired of spreadsheets.

Free tier — no card required tastytrade & E*Trade sync Educational tool, not a brokerage
The spreadsheet tax

Every wheel trader has paid
for these mistakes at least once.

The features in wheelhouse-trades exist because each one is a scar. Built around the moments a generic trade journal can't see coming.

— $40 IN 24 HOURS

Chasing premium into earnings.

IV 76%, you take the trade, stock moves against you overnight. The premium was the warning sign, not the opportunity.

Pre-trade validator checks IVR, DTE, delta & earnings before you enter.
— THE INVISIBLE CLUSTER

Five positions, three earnings the same week.

You stack CSPs across the month. You don't realize three names report on the same Tuesday until you're already in.

Planning Board surfaces earnings clusters across your watchlist before entry.
— THE COST BASIS MYSTERY

After three rolls, what's the real breakeven?

You roll a put, then roll again, then get assigned. The number in your spreadsheet stopped matching reality two legs ago.

Campaign model recalculates true cost basis after every leg, automatically.
— THE 3 BROWSER TABS

Cross-checking strikes across three expiries.

Week before, target week, week after. Three strikes each. Mental math on annualized ROC. Every. Single. Trade.

Option Chain grid: 3 expiries × delta-filtered strikes, one click to log.
— WHEN TO LEAVE

50% capture at 30 DTE vs 7 DTE — same percent, different decision.

Theta isn't linear. The last week burns faster than the first three. Looking at the percent in isolation is a lie.

Decay visual encodes capture % and DTE into a single recommendation.
— THE ROLL THAT WASN'T

Close Friday, re-enter Tuesday after a red day — new campaign?

Calendar-day rules say yes. Trading-day reality says it's the same wheel cycle. Your records shouldn't disagree.

Roll detection uses trading days, configurable 3–21 days.
What's inside

Four features that earn
their keep every week.

No bloat. No paper-trading toys. Every screen is something a working wheel trader opens before, during, or after a fill.

01 — CAMPAIGN LIFECYCLE

One campaign per wheel cycle. Not one row per leg.

A CSP that rolls twice, gets assigned, then turns into three CCs is one campaign. wheelhouse-trades threads every leg together with running cost basis, weighted capital, days active, and annualized ROC that reflects the whole cycle — not just the last fill.

  • Phase-grouped legs (CSP phase ↔ CC phase)
  • Net premium and capture % calculated per pairing
  • Outcome tags: ClosedProfit · ClosedLoss · Assigned · CalledAway
  • One campaign cannot span brokers — accidental misjoins prevented
HIMS · Closed · ClosedProfit+$252 · 88.1% ann. ROC
STO
Put
$14.00
+$1.15
35d
Feb 19
Broker
BTC
Put
$14.00
−$1.25
Feb 22
→ rolled
Net −$10.00 · −9% captured
STO
Put
$14.00
+$1.00
37d
Feb 23
↻ roll
BTC
Put
$14.00
−$0.24
Mar 8
→ rolled
Net +$76.00 · 76% captured
STO
Put
$18.00
+$1.13
39d
Mar 8
↻ roll
BTC
Put
$18.00
−$0.18
Apr 14
expired
Net +$123.00 · 87% captured
CLOSED · Apr 14, 2026 · Profit ✓
OPEN POSITIONS · DECAYUpdated 2:34pm ET
HIMS  CSP $26.00 · May 8 6 DTE
Premium captured
58% captured $0.58 of $1.01 · $0.43 remaining
⚠ Past threshold with 6 DTE. Theta exhausted, gap risk rising. Close today.
T  CSP $25.00 · May 22 18 DTE
Premium captured
51% captured θ ~$0.02/day · break-even close $0.13
✓ At threshold with 18 DTE. Good capture — consider closing and redeploying capital.
BBWI  CSP $19.00 · May 29 25 DTE
Premium captured
22% captured Building — no action needed
02 — DECAY VISUAL

Tells you when to leave, not just where you stand.

Theta is non-linear. 50% captured at 30 DTE is a hold; 50% at 7 DTE is a close. The decay visual combines both axes into one read so the exit decision happens in a glance — not after a tab-flip into your broker.

  • Four states: on track · at threshold · past threshold · danger zone
  • Live mark via your connected broker (or 15-min delayed on Free)
  • Daily email digest at 8am ET for Pro — no panic pings
  • Hits your inbox on market days only, never weekends
03 — OPTION CHAIN GRID

Three expiries. Your delta range. One click to log.

Click a cell on the Planning Board — a drawer opens with three consecutive expiries side-by-side, strikes filtered to your trade rules, annualized ROC pre-calculated per cell. The strikes inside your delta band are highlighted. Pick one, hit "Log This Trade," and the dialog opens pre-populated.

  • Center column = the expiry you clicked, arrows shift ± a week
  • ROC color-coded: grey · amber · green · bright green
  • CC mode hides strikes below cost basis automatically
  • Pre-trade validator runs the moment the log dialog opens
AEO · Puts · 0.20–0.30 Δ bandPrice $17.91 · IVR 42
Strike
May 15 · 8d
May 22 · 22d
May 29 · 29d
$18.50
$0.91 · Δ0.38124%
$1.12 · Δ0.4195%
$1.28 · Δ0.4384%
$18.00
$0.64 · Δ0.31178%
$0.84 · Δ0.2895%
$0.98 · Δ0.3084%
↓ In delta range
$17.50
$0.42 · Δ0.22117%
$0.58 · Δ0.2165%
$0.71 · Δ0.2361%
$17.00
$0.26 · Δ0.1573%
$0.38 · Δ0.1643%
$0.48 · Δ0.1741%
$16.50
$0.14 · Δ0.0939%
$0.22 · Δ0.1025%
$0.31 · Δ0.1127%
Selected: AEO PUT $17.50 May 22 · $0.58 · Δ0.21 · 65% ann. Log This Trade →
TRADE RULES · My RulesPre-trade validator
IV Rank
Warn if IVR is outside this range
Min IVR
30
Max IVR
80
Days to Expiration
Warn if DTE is outside this range
Min DTE
21
Max DTE
45
Delta
Target delta range for short puts
Min delta
0.20
Max delta
0.30
⚠ Strike OTM 2.3% — below your 7% threshold.
[ Cancel ] [ Override & Log ] [ Pick another strike ]
04 — TRADE RULES

Your discipline, enforced by the system.

You already know your rules — minimum IVR, target delta, DTE window, capital cap, earnings buffer. The pre-trade validator runs them every time you log a fill so willpower doesn't have to. Warnings are overrideable with a reason; the override gets logged so you can review what slipped.

  • IVR window, DTE window, delta band, % OTM, capital at risk
  • Earnings inside expiry → automatic block, override required
  • Audit log of overrides — patterns you can review later
  • Save multiple rule sets per phase (CSP vs CC)
Who built this

Made by a wheel trader who got tired of spreadsheets.

No VC. No growth team. One person running CSPs on a real account, a real day job, and a deep frustration with every "trade journal" that treats a roll like a brand new trade.

The campaign model came from a CDE trade that lost $40 in 24 hours during an earnings cluster. The decay visual came from staring at a 7-DTE position and not knowing whether to close. Every feature traces back to a moment.

  • ~$13K account · CSPs on T, AEO, HIMS, BBWI, SOFI, F, NVO
  • ~1 year wheeling, learned the hard way from r/thetagang
  • Dev lead by day · solo builder by evening

"Every trade journal I tried treated a roll like a brand new trade. After three rolls I had no idea what my real breakeven was. So I stopped using them and built the thing I wished existed."

WH
The wheelhouse-trades founder
Solo dev · active wheel trader
Pricing

Free forever for the basics.
Pro pays for itself in one good roll.

Free forever — not a 14-day trial, not invite-only, not "we'll let you in eventually." Log your wheel trades manually, run the Planning Board on your own watchlist, see your decay states live. Pro is when broker sync, unlimited campaigns, and the chain grid become worth $29 a month — and you'll know exactly when that is.

Free
$0forever

Run the campaign model, see the decay visual, plan around earnings. Imported history grandfathered — no surprise downgrades.

  • One-time free broker import — last 90 days, no card required
  • 3 active campaigns going forward (imported ones grandfathered)
  • Unlimited campaign history
  • 15 watchlist symbols · earnings calendar
  • Decay visual — full color states
  • Planning Board calendar
  • Saved trade rule sets
  • Center expiry chain · 5 strikes · 15-min delayed
  • Continuous broker sync (Pro)
  • History backfill beyond 90 days (Pro)
  • Live IV column & IV rank
  • Daily email digest
Start free
Founding 50
$19/ month · locked for life

Same as Pro, but you help shape the roadmap and you keep the price forever.

  • Everything in Pro
  • $19/mo locked — never rises, even when Pro does
  • Direct line to the founder for feedback
  • Private Discord channel
  • Early access to new broker integrations
  • "Founding member" badge in-app
Join the waitlist
Founding 50 seats · join the waitlist to claim one
FAQ

Questions a wheel trader
would actually ask.

Is wheelhouse-trades a broker? Do you execute trades?
No. wheelhouse-trades is an educational and tracking tool. You execute trades in your broker (tastytrade, E*Trade, Schwab). wheelhouse-trades pulls fills via the broker API and turns them into campaigns. Nothing is ever sent the other direction — we can't and don't place orders.
What's a "campaign," really?
One full wheel cycle on one underlying with one broker. First CSP, every roll, optional assignment, every CC, final close. All as one record with running cost basis. Two different brokers on the same symbol = two campaigns — they can't share legs.
How does roll detection know it's a roll and not a new trade?
Trading-day window, not calendar days. Default is 7 trading days, configurable 3–21. Closing a put Friday and opening another Tuesday morning after a long weekend is still the same wheel cycle — calendar rules would miss that. You can override either way per-order if the auto-detection guesses wrong.
Do I have to connect my broker?
No, but it's the fastest way to see the campaign model on your own data. Free signups get a one-time import of the last 90 days from tastytrade or E*Trade — no card, no trial. Imported campaigns are grandfathered against the 3-active-campaign limit, so you keep what you brought in. Manual logging works fully without a broker, too. Pro extends to continuous sync of new fills and full historical backfill beyond 90 days.
Why no iron condors, spreads, strangles?
Because wheelhouse-trades is wheel-strategy native. Spreads are a different product with a different audience. Adding them would dilute the campaign model and the screens that make this useful. PMCC is on the roadmap (same community, natural extension). Iron condors are not.
What happens to my data if I cancel?
You downgrade to Free. Your campaign history is preserved — Free has unlimited history, just a cap on concurrent active campaigns and watchlist size. You can export everything as CSV at any time.
When's the launch?
Private beta in December 2026 with the founding 50. Phase A (the trader using it daily) is live now. Phase B (a second trader can onboard solo) is mid-2026. Public launch with full $29/mo pricing in Q1 2027.
Is this financial advice?
No. wheelhouse-trades is an educational tool that surfaces information about your own trades and watchlist. It does not recommend trades, does not provide investment advice, and is not a substitute for your own judgment. Options trading involves significant risk of loss.

Get in early. Lock $19 for life.

Founding 50 seats at $19/mo locked for life. Beta opens December 2026.

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