Best Options Portfolio Tracker for Wheel Strategy Traders (2026)
If you sell options for income — cash-secured puts, covered calls, dividend captures — you've probably tried tracking in a spreadsheet. It works for the first ten trades. Then your cost basis is wrong, you've missed an expiry, and you have no idea what your actual win rate is.
Options portfolio trackers solve this problem by giving you a dedicated dashboard for your trades. But most are built for day traders buying calls and puts, not for income sellers running the wheel strategy. Below, we compare the options that actually work for premium sellers in 2026.
What to Look for in an Options Income Tracker
Most options trackers focus on profit and loss for individual trades. That's fine for directional trading, but wheel strategy traders need more. The right tracker should handle the full lifecycle of a position: from selling the initial CSP, through assignment, to selling covered calls that grind down your cost basis over time.
Here's what matters most for income traders:
Options Portfolio Trackers Compared
| Tracker | Best for | Wheel lifecycle | Dividend calendar | Price |
|---|---|---|---|---|
| Spreadsheets (Google/Excel) | Getting started | Manual | No | Free |
| AllInvestView | Basic tracking | No | No | $5.99/mo |
| Snowball Analytics | Portfolio overview | Partial | No | $14.99/mo |
| OptionWheelTracker | Wheel basics | Partial | No | $9.99/mo |
| Anima Options | Wheel strategy & income | Full lifecycle | Live calendar | £25/mo |
| QuantWheel Pro | Screening | No (screener only) | No | $99/mo |
Most trackers log your trades and show you a profit number. Very few understand the wheel strategy's unique flow — where a single stock passes through multiple strategy types (CSP → assignment → covered calls → dividend capture → called away → restart) and each step reduces your cost basis.
Why We Built Anima Options
Anima Options was built by an active wheel strategy trader who got frustrated with spreadsheets at 40+ trades. The tracker handles five income strategies in one dashboard and includes features that don't exist anywhere else at any price point.
Full wheel journey visualisation
See the complete lifecycle of each stock — from the original CSP, through assignment, to every covered call you sell. A progress bar shows how much premium has reduced your cost basis. Most trackers treat each trade as isolated. Anima connects them into the story they actually are.
Live dividend capture calendar
Upcoming ex-dividend dates pulled automatically with real stock prices and estimated capture profit for 100 shares plus a covered call one strike above. Filtered to quality stocks under $150 so the capital is manageable. No other options tracker includes this.
Trade checker with margin calculations
Before entering any trade, input your account size and margin in use. The checker shows estimated margin needed, percentage of account, return on margin, buying power remaining, and a verdict: trade fits or review needed. This replaces the mental maths most traders do (badly) before clicking submit.
Portfolio health score
A score from 0 to 100 based on five metrics: diversification, concentration, DTE spread, margin use, and position count. Each metric includes a description of what it measures and why it matters. The score keeps you disciplined when markets are volatile and you're tempted to over-deploy.
Live trade feed with rationale
Every trade the founder takes is posted inside the app with full rationale — the thesis on the stock, the trade setup logic, and the risk factors. This isn't a signal service. It's transparency into a real portfolio that subscribers can learn from.
Try Anima Options — Free Demo
Explore the full tracker with sample data. No signup, no email, no credit card.
Open the free demo →Who Should Use Which Tracker?
If you're just starting out and have fewer than 10 trades, a spreadsheet is fine. You'll outgrow it, but it teaches you the mechanics.
If you want a basic log of your options trades with profit tracking, AllInvestView or Snowball at under $15/month will cover the basics.
If you run the wheel strategy — CSPs, covered calls, assignments, dividend captures — and want a tracker that actually understands the full lifecycle, Anima Options is the only one built specifically for this workflow.
If you need a screener to find new trade ideas based on IV rank, delta, and premium, QuantWheel Pro is a screening tool (not a tracker). It finds trades but doesn't track them.
Frequently Asked Questions
Can I track covered calls and cash-secured puts in the same dashboard?
With Anima Options, yes. CSPs, covered calls, LEAPs, SPX spreads, and dividend captures all live in one dashboard with shared analytics and a unified equity curve.
Does the dividend calendar update automatically?
Yes. The calendar pulls live ex-dividend dates and current stock prices using the Financial Modeling Prep API. You enter your free API key once and the calendar stays current.
What's the difference between a tracker and a signal service?
A tracker logs and analyses your own trades. A signal service tells you what to trade. Anima Options is primarily a tracker, but includes a live trade feed where the founder posts their own positions with full rationale — so you get both transparency and tracking in one tool.
Is there a free trial?
There's a free interactive demo with sample data — no signup required. You can explore every feature of the tracker before deciding to subscribe. Try the demo here.