Guide

A covered call tracker for E*TRADE, Robinhood, Fidelity and Schwab

The broker shows you the call, its price and its profit or loss. It doesn't show whether the call has crossed the roll trigger you set, which lot it covers, or what this month's premium adds up to. That is the gap a tracker fills.

Updated 13 Oct 2026

What the broker shows, and what it leaves out

That's not a complaint about the broker. The rules you sell calls by are yours, and the broker has never heard them.

What a tracker has to do

• Read the account instead of having you retype it. Anything you feed by hand drifts the first week you're busy.
• Keep the lot. Each call attaches to the 100 shares it covers, with that lot's basis, so two assignments of the same stock never get averaged together.
• Hold your rules. Delta band, days-to-expiry window, profit target, management window, earnings rule. Then judge every open call against them and say which rule, with the number measured next to the limit.
• Date every number. A price without its session date is a guess.
• Never trade. A read-only connection can't be talked into an order by a bug or a lost phone.

How the connection works

Wheelwright connects through SnapTrade, a read-only connection service. You sign in on your broker's own page, so the app never sees your broker password. The access it gets can read positions, cash and orders. It has no way to place, change or cancel an order; there is no order-entry code in the app. E*TRADE, Robinhood, Fidelity and Schwab accounts have all been connected and read this way. Your positions and history stay on your phone. There is no Wheelwright account and no server holding your book.

What it shows each morning

• Close targets hit: calls that have captured the share of maximum profit you set.
• Management window: calls inside the window you chose, with keep, roll and close side by side.
• Roll escalations: calls whose delta has crossed your trigger, with the trigger next to the delta.
• Catalyst review: calls with an announced earnings date inside their life.
• And on the Goal tab, premium this month per account against the target you set.

Option chains, greeks and implied volatility are from the most recent settled market close, not a live feed; your positions are priced from your broker. Market-data figures say which session they came from. You check the live bid at your broker before you trade, which is where you place the order anyway.