For premium sellers

Track the whole wheel.
Not just pieces of it.

Cash-secured puts through covered calls — every leg, every premium dollar, every return. Plus an AI copilot that watches your positions, explains your Greeks, and makes you a better trader with every cycle.

NetWorthed dashboard with Penny AI copilot analyzing wheel strategy positions and weekly P&L

Free forever · No credit card · Your data stays private

Screenshot a trade, Penny logs it
Every leg of the wheel, connected
AI copilot that knows your positions

Meet Penny — copilot, coach, mentor

She tracks your positions, warns you before earnings, and turns every metric into a learning moment. Tap any number on your dashboard — Penny explains what it means and what to do about it.

Screenshot Logging
YOU
Attached screenshot
Penny, log this for me
P
Penny
Got it. NVDA $185 put assigned Feb 13 — logged as closed. You now hold 100 shares at $185 cost basis.
P
Penny
You collected $320 in premium on this leg — 1.73% ROC in 30 days. Ready to sell a covered call on these shares?
Proactive Alerts
P
Penny
Heads up — NVDA reports earnings tomorrow after close.
P
Penny
Your $850 put has 4 DTE. IV is at 58% vs 35% 30-day avg. Assignment probability jumped to 34%.
P
Penny
You could roll to Mar 28 at the same strike for $3.40 credit, or close now and keep the $1,180 already collected.
Learn As You Trade
YOU
What does theta decay actually mean for my portfolio?
P
Penny
Right now your positions are earning $8.60/day in time decay — that’s premium melting in your favor.
P
Penny
Your MSFT call is doing the heavy lifting at $5.20/day. The AAPL put contributes $3.40. As expiration approaches, this accelerates — that’s why the last 2 weeks of a contract are the most profitable for sellers.

One wheel cycle. $1,720 returned.

Every leg tracked from the initial put to the final call-away — so you see exactly what each cycle earned.

CSP OPEN

AAPL $220 put · Apr 18

+$420premium collected
ASSIGNED

100 shares @ $220

cost basis $215.80
CC OPEN

AAPL $225 call · May 16

+$380premium collected
CLOSED

Shares sold @ $225

+$920capital gain

Total wheel return

$1,720

7.8% on $22,000 capital · 46 days

$420 put + $380 call + $920 capital gain

More than a tracker. Your complete wheel toolkit.

Digests, alerts, market data, and a full audit trail — everything a premium seller needs, in one place.

Every Monday: what expired, what's coming up, and how your premiums are compounding.

Weekly digest showing expired positions, upcoming expirations, and premium summary

Simple, honest pricing

Start free. Upgrade when you need more positions.

Free

Everything you need to start running the wheel.

$0/forever
  • Up to 3 open positions
  • Penny chat (~20 messages/day)
  • Weekly intelligence digest
  • Screenshot trade entry
  • Full wheel lifecycle tracking
  • Dashboard with P&L & Greeks
  • Market events & sector data
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Pro

For serious wheel traders who want the full edge.

$12/month

or $99/year (save 2 months)

  • Everything in Free, plus:
  • Unlimited positions
  • Unlimited Penny chat
  • Premium AI models (GPT-5.2 / Claude)
  • Proactive alerts (price, earnings, macro)
  • Prediction markets data
  • CSV bulk import
  • Historical digest archive
Start free, upgrade later

Built by a wheel trader who was tired of spreadsheets.

I started running the wheel with a Google Sheet and a dozen browser tabs. Forgot an earnings date, got assigned on a stock I should have rolled, and realized my “system” was held together with hope. So I built the tool I wished existed — one that actually understands the wheel lifecycle and tells you what to do next, not just what already happened.

— Chad, founder & wheel trader

Free Tools for Wheel Traders

No account required.

Wheel Backtest — free tool screenshot

Backtest the wheel strategy on historical data to see how it would have performed on any stock.

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Questions & answers

Stop tracking in spreadsheets.
Start trading with clarity.

3 positions. Full AI access. Free forever.

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