Each ticker's full cycle
Each ticker shows its stage: selling puts, holding shares, selling calls or called away.
Wheel strategy tracker
The wheel strategy tracker that follows the whole cycle.
Sell a put, get assigned, sell a call, get called away. YieldCove stitches each ticker's cycle into one running P/L, so you always know your real break-even and what the wheel has actually paid you.
Cost of the tracker
$0
No card required
Broker sync
Read-only
Optional, can never trade
Import
CSV
Or log a trade in seconds
Languages
EN + FR
Built in Québec
01
What it tracks
Every number below comes from the same trades you log or import.
One net realized P/L
Premium income, LEAPS and stock gains or losses, added up one way on every screen of the Wheel workspace.
Adjusted cost basis
Your break-even per share this cycle: cost minus net option premium since you last exited the shares.
Assignments and rolls
Assigned puts appear in your share lots automatically, and a roll is one action on the position.
Annualized yield
A capital-weighted annualized return on your finished short legs, next to the open credit still working.
Accounts and brokers
Track every position by broker and account, with bulk editing, CSV import and optional read-only sync.
02
Your positions, by broker and account
Open puts, calls and LEAPS in one list, with the assignment and roll actions on each position.
03
From first trade to a clear number
No setup call, no card.
Create a free account
Sign up with your email. The tracker is free, and PRO stays optional.
Bring your trades
Log a trade in seconds, import a CSV, or connect a broker with optional read-only sync. YieldCove never sees your login and can never place a trade or move money.
Read the cycle
Open Wheels: each ticker shows its stage, its adjusted cost basis and what it has earned so far.
04
Free tools and guides
No sign-up needed for any of these.
Options calculatorModel premium, yield and assignment with a live payoff diagram before you place the trade.Free wheel spreadsheetA ready-to-use .xlsx tracker whose columns import straight into YieldCove when you outgrow it.The wheel strategy guideHow the cycle works, how to choose a strike and what can go wrong.YieldCove vs a spreadsheetJob by job: what a dedicated tracker does that a general spreadsheet does not.
05
Questions
Straight answers before you start.
What is a wheel strategy tracker?
It is a tool built for the full wheel cycle: selling cash-secured puts, taking assignment, selling covered calls and getting called away. YieldCove keeps those steps together for each ticker instead of treating them as unrelated trades.
Is this wheel tracker free?
Yes. The Wheel workspace is free with no card required, including the calculator, analytics and optional read-only broker sync. The optional PRO plan adds Signals, Research, Pro Tips, the Academy, the community and the Canadian tax summary.
How is the adjusted cost basis calculated?
It is your cost per share minus the net option premium, meaning credits minus buy-backs, since you last exited the shares. It tells you your break-even per share for the current cycle.
Can I move over from my spreadsheet?
Yes. Positions can be imported from a CSV, and the free wheel spreadsheet is built so its columns import directly into YieldCove.
Do I have to connect my broker?
No. Broker sync is optional and read-only, powered by SnapTrade. YieldCove never sees your login and can never place trades or move money. You can log trades by hand or import a CSV instead.
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More trackers
Covered call trackerFollow every call you sell against your shares, with rolls, buy-backs and basis.Options income trackerSee premium income by month, account, strategy and broker, against your goal.Best wheel strategy trackersYieldCove and 4 alternatives, side by side, with every claim sourced and dated.
Free to start
See what your wheel has actually paid you.
Log your first put in seconds, or import your history. Free, with no card.
YieldCove is for informational and educational purposes only and is not financial advice. Options trading involves substantial risk of loss.