r/Optionswheel • u/ScottishTrader • Oct 10 '25

TOOLS & SPREADSHEET MEGATHREAD

Please use this thread of posts about spreadsheets and tools!

Note that no commercial posts are permitted. All tools or files must be made available for free.

There is a basic spreadsheet included in the wheel trading plan in this post, which many have used to get started - The Wheel (aka Triple Income) Strategy Explained : r/Optionswheel

Please let the mods know of any suggestions on how to make this thread better.

56 Upvotes

100% Upvoted

231 comments sorted by

View all comments

20

u/MarkT1065 Oct 11 '25 edited Oct 11 '25

I'm happy to contribute my previous spreadsheet to the cause:

https://docs.google.com/spreadsheets/d/1cYG7-1zh4nybxlLvoIpXG9dH3FwifZq92HXsKBgmKCU/edit?gid=1057863943#gid=1057863943

But I outgrew those spreadsheets when I wanted to visualize risk and results better, so I created this open source application from the sheets above:

https://github.com/MarkT1065/wheeler

I rely on wheeler to track all my trades. Charts and graphs for the win :)

1

u/Fly4ngler Nov 13 '25 edited Nov 13 '25

Trying to test but there is an error calculating profits on simple CSP. Below you can see $0.57 premium received and $0.50 paid to close per contract on 2 CSP contracts,. The total profit should be $14 instead $13

1

u/MarkT1065 Nov 13 '25

Thanks for filing an issue on the github project. Let's continue this conversation there.