Wheels and Positions

A whole wheel, as one position.

Your broker lists every put, roll, assignment and call on its own line. Arlo puts them back together, so you can see what the whole trade returned, start to finish.

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AMD wheel+$1,580.50
  1. Jul 14Sold 1 AMD 150 put+$412.00
  2. Aug 1Rolled out to Aug 22 for a net credit+$86.00
  3. Aug 22Assigned 100 shares at $150—
  4. Aug 25Sold 1 AMD 155 call+$318.00
  5. Sep 19Call expired worthless—
  6. Sep 22Sold 1 AMD 155 call+$264.50
  7. Oct 17Shares called away at $155+$500.00
Seven transactions, one position, one true return. Example account · sample data

What did that wheel really make?

Selling the put, rolling it, being assigned, writing calls and being called away is one trade with one result. Arlo files those transactions into a single position and adds them up: the premium, the share gain and the cost of every roll.

A board you can scan

Every position as a card: its symbol, its profit or loss, when it opened, and its tags.

AMD+$1,580.50
Closed · Jul 14 · 7 transactions
wheel
SOFI+$412.50
Open · Sep 8 · 5 transactions
wheel
QQQ−$118.00
Closed · Oct 21 · 2 transactions
put spread
SPY+$1,046.20
Open · Jun 2 · 15 transactions
covered call

Example account · sample data

What you get

  • Puts, calls, rolls, assignments and expirations in one position
  • One true return for the whole wheel
  • Positions can span accounts you own
  • Tags and strategies on every position
  • A board of open and closed positions
  • Copy a position as a picture to share

More of what Arlo does

P&L Calendar Performance Strategies and Rules Brokerage Sync and Import

Know where you stand by tonight.

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