WHEEL GUIDE PRICING HELP Try it free
OPTION WHEEL · TRACKER

Premium collected isn't your return.
ROI on committed collateral is.

Most wheel tracking dies at the first roll — the closed leg and the new leg become two unrelated rows, and your real return disappears between them. Wheel Ninja stitches every put, roll, assignment and call-away into one cycle, scored against the collateral it actually tied up.

🥷 Try the live demo — no signup, no card Start free — 30-day full trial
30-day free trial, then free forever on Genin · read-only by design · manual entry or CSV — no broker connection needed
Wheel Ninja — open collateral, realized earnings, weekly ROI, win rate and open positions
A live wheel book: committed collateral, realized earnings, this week's ROI on average collateral, win rate by cycle — one strip.

What your spreadsheet can't tell you

Cycles, stitched

A roll is not a new trade

Put → rolled → assigned → covered calls → called away is one position in one ledger. Roll credits chain, assignments convert collateral into the share lot, and nothing is double-counted.

Honest ROI

Scored on committed capital

Every cycle's P/L is divided by the collateral it locked up, annualized by the days it was actually at risk — not premium totals, not moon math.

Beyond the wheel

Full options analytics

Portfolio Greeks in dollars, payoff modeling, expiry ladder, safety distance on every open leg — plus a strategy builder, charts with indicators, and IBKR Flex import.

A completed wheel cycle with the math expanded — premiums, share P/L, ROI on committed collateral, annualized
A completed cycle with “the math” expanded: premiums + share P/L ÷ collateral committed = 14.3%, annualized by real days held — every number reproducible by hand.
Every event is one tap. Sold a put? Rolled it? Assigned? Sold calls against the shares? Called away? Each is a single entry — the engine keeps the ledger, the weekly targets, the archive by year, and the lifetime ROI per ticker. Undo included, for fat fingers.

Read the method

A new video walkthrough is being recorded. In the meantime, the written wheel guide covers the strategy and the formulas — useful even if you keep your spreadsheet.

Pick your rank

Every rank gets the full wheel engine and CSV upload. Start with 30 days of Jonin — no card. When the trial ends you keep everything on Genin, free forever.

Genin · free forever

$0

Full wheel tracker · 25 recorded entries · CSV upload

Chunin

$9.90/mo

Unlimited entries + strategy builder & charts with indicators. $99/yr — 2 months free

Jonin

$15.90/mo

Everything in Chunin + option analytics · IBKR Flex import · AI daily report. $159/yr — 2 months free

Run your wheel. Let the engine keep score.

30 days of Jonin free — no card. Wheel tracker, option analytics, builder, charts, the lot. After that, Genin is free forever.

Open Wheel Ninja or poke the demo first →