Like many here, I started trading the "Wheel" strategy (selling puts/covered calls) to generate income. I quickly realized that tracking my true cost basis was a nightmare.
My brokerage shows the stock's purchase price, but it doesn't "know" that I've collected $400 in premiums over the last three months. I ended up with a massive spreadsheet that I had to update manually every Friday just to see if I was actually profitable.
I built PremiumFlow to automate this. It treats the option premium and the underlying stock as a single financial unit.
What’s inside:
Automatic Basis Adjustment: If you sell a call against a LEAP or stock, your "break-even" price updates instantly.
Assignment Risk: It monitors how close your short puts are to being ITM.
No Spreadsheet Mess: All the math (annualized returns, DTE, etc.) is handled in the dashboard.
I’d love for you to kick the tires and let me know what you think. I'm especially interested in feedback on the UI and any edge cases in your own options strategies that I might have missed!