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Everything you need to master Wheel Tracker and the wheel strategy

📖

Complete User Guide

Comprehensive documentation covering everything from getting started to advanced strategies. Learn how to enter trades, handle assignments, read your dashboard, and optimize your wheel trading.

📖Read User Guide

Getting Started

1️⃣

Learn the Basics

Start with the glossary to understand key terms, then read about the wheel strategy.

View Wheel Strategy Terms →
2️⃣

Enter Your First Trade

Follow the step-by-step guide to enter your first PUT option trade.

How to Enter a Trade →
3️⃣

Track Performance

Set up benchmarks and learn to read your dashboard metrics.

Understanding Benchmarks →

Common Tasks

💰

Selling a PUT

Trades → New Trade → Select PUT → Enter details → Submit

Create Trade →
📦

Handling Assignment

Click "Assign" on a trade to create a position and start selling covered calls

Learn More →
📊

Reading Your Dashboard

View total P&L, active positions, upcoming expirations, and performance charts

View Dashboard →
📈

Setting Up Benchmarks

Compare your performance to market indices like SPY or QQQ

Learn More →
📥

Exporting for Taxes

Export trades and positions to CSV for tax preparation

Learn More →

💡 Pro Tips

  • 30-45 days expiration offers the best balance of premium and risk
  • Diversify across 3-5 stocks to spread your risk
  • Choose quality companies you'd be happy to own
  • Avoid options during earnings to reduce volatility risk
  • Use the notes field to track your reasoning for each trade

Still Need Help?

Can't find what you're looking for? Our support team is here to help.

✉️Contact Support