About Covered Calls Tracker

Covered Calls Tracker is a free, independent tool for anyone selling cash-secured puts and covered calls — the "wheel strategy" and similar income-focused option selling — across one or more broker accounts.

What it actually does

Every broker shows you your own account's positions. None of them answer the question that matters once you're running short options across more than one account: if every short put you've sold were assigned tomorrow, do you have enough total cash? This tool sums cash required (strike × 100 × contracts) for every open put, tagged by account, against the cash you tell it you hold in each — and separately tracks shares required for covered calls, since 100 shares of one ticker can't cover a call on another. It also pulls live (delayed ~15 min) option prices to show real profit/loss on every open position, days to expiration, and annualized yield based on your actual holding period. The exact formulas are documented in full on How We Calculate.

Why cash coverage, specifically

The idea started from a simple, common problem: someone selling puts in a Fidelity account and an IBKR account at the same time has no single place that adds those obligations together. A spreadsheet can do it, but has to be updated by hand for every price move, every new position, and every expiration — and doesn't fetch live prices. This tool automates that specific gap.

How your data is handled

It isn't — by design. Positions, account tags, cash balances, held shares, and premium collected are stored only in your browser's local storage and are never sent to a server. The only network request the tool makes is a price lookup — ticker, strike, expiration, and option type, nothing else — needed to show a live P/L figure. See the privacy policy for the full detail.

Independence

Covered Calls Tracker is not affiliated with, operated by, or endorsed by any brokerage, exchange, or the CBOE. It's a broker-agnostic tool built for tracking positions you already hold elsewhere — "account tags" work for any broker, any account type. It doesn't place trades, offer investment advice, or connect to your brokerage account in any way.

Contact

Questions, bug reports, or corrections: [email protected]

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