Updated September 2026
A spreadsheet is most people's first tool for tracking covered calls and cash-secured puts — and for a handful of positions in one account, it works fine. The strain shows up as positions and accounts multiply: every price move needs a manual refresh, every day-to-expiration count needs recalculating, and every account gets its own tab or its own block of rows, easy to lose track of when it's time to add them all up.
None of this is difficult individually. It's the accumulation, across multiple tickers and multiple broker accounts, that turns into an easy place for a stale number to hide — a covered call that quietly went naked because shares were sold in that account weeks ago and the sheet was never updated.
Add a position once — type, account tag, ticker, strike, contracts, expiration, premium, and an optional entry date — and everything downstream recalculates without a formula to maintain: cash and share coverage per account and in total, DTE with a countdown highlight inside 7 days, and P/L from a live option price rather than a static estimate. Positions past expiration move themselves into a separate, collapsed section and stop counting toward coverage automatically, rather than needing to be manually deleted or moved.
A spreadsheet P/L formula is usually intrinsic-value-only (max(0, price − strike) for a call, times 100 times contracts) because pulling a live option quote into a cell is awkward at best. This tracker fetches an actual option market price — bid/ask midpoint or last trade, about 15 minutes delayed — so P/L reflects what it would really cost to close the position now, not just its intrinsic value. When a live quote genuinely isn't available for a thin contract, it falls back to the same intrinsic-value estimate a spreadsheet would use, clearly labeled as an estimate rather than presented as real.
The recurring spreadsheet failure mode is the "master totals" tab that's supposed to sum every account tab together and quietly falls out of sync the first time a row is added to one account tab but not reflected in the summary. Because every position here carries its own account tag from the start, the portfolio-level cash and share totals are always a direct sum of whatever's currently entered — there's no separate summary sheet to fall behind.
If you want fully custom analysis — a specific chart, a scenario model, a formula tying in your own tax situation — a spreadsheet remains more flexible, and Export CSV gives you exactly that: every position, account, and cash balance in a plain CSV you can open in any spreadsheet tool for further analysis, without giving up the automatic tracking day to day.
Migrating is a one-time copy: for each open position, note the type (put or call), account, ticker, strike, contracts, expiration, and premium collected, and add it once. From then on, coverage, DTE, and P/L update on their own — no formula to keep working across accounts, brokers, and expirations.
Can I still export to a spreadsheet? Yes — Export CSV gives you the full position and account list at any time for backup or further analysis elsewhere.
Does it replace my broker's own reporting? No — it's for cross-account tracking specifically. Your broker remains the authoritative record of what you actually hold; this tool is for seeing the combined picture your broker doesn't show.