Options Income Tracker
Covered Call & Wheel
Strategy Tracker
Log covered calls and cash-secured puts, track the wheel strategy cycle, and see your total options income alongside dividends — all in one place.
Free plan forever · No credit card required
| Ticker | Strategy | Strike | Premium | Contracts | Total | Expiry | Return % | Status |
|---|---|---|---|---|---|---|---|---|
| AAPL | Covered Call | $195 | $2.85 | 2 | $570 | May 31 | 1.50% | Open |
| JEPI | Cash Secured Put | $54 | $0.8 | 5 | $400 | Jun 6 | 1.48% | Open |
| MSFT | Covered Call | $420 | $4.2 | 1 | $420 | Jun 13 | 1.01% | Open |
| MAIN | Cash Secured Put | $47 | $0.6 | 3 | $180 | Jun 17 | 1.28% | Open |
| KO | Covered Call | $65 | $0.75 | 3 | $225 | May 18 | 1.17% | Expired |
| O | Covered Call | $57 | $0.65 | 5 | $325 | May 4 | 1.16% | Closed |
Sample data for illustration · Your real trades sync from Webull CSV or manual entry
The Strategy
How the wheel strategy works
Sell a Cash-Secured Put
Choose a stock you want to own at a lower price. Sell a put at your target strike and collect premium immediately.
Get Assigned (or Repeat)
If the stock stays above your strike, the put expires worthless — you keep the premium and sell another put. If assigned, you buy shares at your strike.
Sell Covered Calls
Now sell covered calls against your shares at a strike above your cost basis. Collect more premium while your dividends keep paying.
Then repeat the cycle — compounding income from both dividends and options premiums.
What SDT tracks
Everything in one tracker
Covered Calls & CSPs
Log both strategies with strike, premium, contracts, collateral, expiry, and open date.
Wheel Cycle View
See which phase each ticker is in — selling put, assigned, or selling call — and total income per cycle.
Return on Collateral
Automatically calculates % return on each trade. Net-of-BTC for closed positions with buyback prices.
Combined Income Dashboard
Options premium and dividend income in one chart. See your true total passive income.
Expiry Management
Trades sorted by nearest expiry first. See what's expiring this week, this month, or already expired.
Webull CSV Import
Import your full trade history from Webull in one click. No manual entry needed.
Status Tracking
Open, Closed, Expired, Assigned, Rolled — full lifecycle tracking with notes per trade.
Multi-Portfolio
Separate options trades by account — Options Wheel, Retirement IRA, Taxable — across portfolios.
Why not a spreadsheet?
Your Google Sheet can't do this
| Feature | Spreadsheet | Safe Dividend Tracker |
|---|---|---|
| Covered call + dividend income combined | — | ✓ |
| Automatic return on collateral calculation | — | ✓ |
| Wheel cycle tracker per ticker | — | ✓ |
| Webull CSV import | — | ✓ |
| Expiry alerts & reminders | — | ✓ |
| Mobile app (iOS + Android) | — | ✓ |
| Manual trade entry | ✓ | ✓ |
| Custom notes per trade | ✓ | ✓ |
FAQs
Covered call questions
A covered call is when you own at least 100 shares of a stock and sell someone the right to buy them at a set price (the strike) by a set date. You collect a cash premium upfront. If the stock stays below the strike, you keep the shares and the premium. If it goes above, the shares get called away — but you still keep the premium.
The wheel is a repeating income cycle: (1) Sell a cash-secured put to collect premium. (2) If assigned, you now own shares cheaply. (3) Sell covered calls against those shares for more premium. Repeat. Dividend investors love it because it layers options income on top of dividend income.
A cash-secured put is when you sell the right for someone to sell you 100 shares at a set price. You collect premium upfront and keep the cash as collateral. If the stock stays above the strike, you keep the premium. If it falls below, you buy the shares at the strike — which is usually a stock you wanted to own anyway.
Yes — Safe Dividend Tracker is built specifically for this. Your covered call and CSP premiums appear in the same income dashboard as your dividend payments, giving you a complete picture of all passive income from your portfolio.
Yes. You can import trades directly from a Webull CSV export. The tracker normalizes the data, calculates return on collateral for each trade, and adds them to your income history automatically.
The options tracker is available on the Pro plan. Start on the free plan and upgrade to Pro when you're ready — no credit card required to get started.
Start tracking your options income
Covered calls, cash-secured puts, and dividends — all in one free dashboard.
Start Free — No Credit CardFree plan forever · No credit card required