The only app built for wheel strategy traders. Separate CSP and CC income streams, daily goal pacing, AI-powered roll decisions, and a full trade timeline — all in one place.
Track premium collected, expiry, DTE, and profit captured on every cash-secured put. CSP income gets its own goal ring, its own monthly target, and its own trend line — separate from everything else.
Track every covered call against your stock holdings. Each premium chips away at your cost basis — Opt² shows you the running effective cost basis automatically. CC income stays separate, always.
Built from the ground up for the wheel strategy — not adapted from generic options tools.
Win rate, consistency, monthly yield, and run rate — the four numbers that tell you if the wheel is actually working.
"If called away" shows your net result if assigned — so you always know exactly where you stand before expiry.
Trade Timeline: Every option contract shown as a Gantt bar — open date to close date, colored by outcome. See how CC income has compounded month over month at a glance.
"Tired of the spreadsheet?" The Wheel Strategy Income Guide teaches you how to generate consistent monthly income selling cash-secured puts and covered calls — without predicting the market.
PDF free with Pro · or buy the print/Kindle edition on Amazon
Authenticate via SnapTrade — read-only OAuth, zero credentials stored in Opt². Fidelity, Schwab, Tastytrade, IBKR, and 12+ more brokers in one flow.
Opt² reads your activity, classifies every trade as CC or CSP, and calculates net income per stream. No manual entry. No spreadsheet formulas. No data entry.
Income rings show your pace. Positions show profit captured. The AI Roll Assistant tells you what to do with each position. The Trade Timeline shows your history at a glance.
Built for the wheel strategy — not adapted from a generic options tracker.
We're onboarding traders one cohort at a time. Join the waitlist for early access to Pro at the founding price of $19/mo — and receive the free Wheel Strategy Guide PDF.
No spam. Just your access invite + the free PDF guide.
Start free forever on Starter — no card needed. Upgrade to Pro at the founding price of $19/mo, locked in for life when you subscribe in the first 60 days.
Price rises to $24/mo after the founding period ends
Annual price rises to $179/yr after the founding period
Starter is free forever — no card, no clock. Or go straight to Pro at the founding price of $19/mo, locked in for life.
Starter free forever · Pro founding price $19/mo locks in for life · rises to $24 after 60 days
Opt² is an options income tracking tool developed by PenuLak LLC. It is not financial advice. Nothing in this website or app constitutes a recommendation to buy or sell any security. Options trading involves substantial risk of loss and is not appropriate for all investors. You may lose the entire value of your investment. All outputs are mathematical calculations based on imported brokerage data — they are not investment recommendations. You make all trading decisions. Opt² is not a registered investment adviser. Always consult a qualified financial adviser before making investment decisions.