OptionIncome

Introduction

OptionIncome is an advanced options trading tracker and journal that transforms how traders manage and analyze their options trades. By auto-syncing with major brokers, it provides a seamless experience for tracking performance and profitability.

Key Features

• Auto-Sync with Brokers: Connect once and sync your full trading history and live positions automatically.
• Strategy Tracking: Automatically classifies strategies, from Covered Calls to Iron Condors, and links trades for true P&L insights.
• Rolling Profitability: Tracks the true running P&L of rolled positions, providing a complete view of strategy performance.
• True Cost Basis: Calculates the true cost basis for wheel strategies by factoring in all premiums collected.
• Comprehensive Journal: Searchable trade history by ticker or strategy, with automatic logging of closed trades.

Use Cases

OptionIncome is ideal for options traders who want to:

• Gain deeper insights into their trading strategies and performance.
• Automatically track and analyze their trades without manual entry.
• Optimize their trading strategies by understanding true profitability.

Unique Selling Points

• Integrated Tracker and Journal: Combines live tracking and historical journaling in one platform, eliminating the need for separate tools.
• Automatic Strategy Linking: Unlike brokers, OptionIncome links trades into strategies, providing a holistic view of trading performance.

Technical Details

• Supported Platforms: Integrates with major brokers like Robinhood, Schwab, Tastytrade, E-Trade, Fidelity, and Webull.
• Security: Uses secure OAuth authentication with read-only access.

"OptionIncome has transformed how I view my trading strategies. The insights into my true P&L have been invaluable." - Satisfied User