Why good tracking decides success in options trading

The best traders know exactly what their strategy earns. How professional journaling transforms gut feeling into measurable returns.

By Torsten Zander · 4 min read

The best traders know exactly what their strategy earns them – and not just “roughly”, but in very concrete numbers. Because in options trading the difference between feeling and fact is huge: multi-leg strategies spread profits and losses across numerous individual transactions, and it is easy to lose track of them. Without systematic recording, you quickly no longer know which strategy actually makes money, whether dividends and stock gains from assignments are draining away, and how much capital is really tied up in cash-secured puts or covered calls.

Say goodbye to spreadsheets and tedious manual entry – this is optionstats.io, your reliable partner that takes this arduous work off your hands from now on. optionstats.io tracks your transactions and shows you where to fine-tune. Those who don't measure their performance can't improve it.

What is optionstats.io?

optionstats.io is a professional options trading journal and analysis tool – clear and purpose-built for options strategies, available in German and English.

These are the main features:

  • Monthly statistics – realized & unrealized: Profit/loss charts split into realized and unrealized positions – including stock gains and dividends. Plus win rate, profit factor, monthly return and a clear view of your committed capital.
  • Strategies & combinations: Group related trades into combinations and instantly see the total profit of a strategy. 18 strategies are supported – from spreads and cash-secured puts and covered calls to the wheel.
  • Overview of all transactions with filtering: Record and document every trade (STO, BTC, BTO, STC) with strike, expiration, premium and status – and filter the complete transaction overview by ticker, strategy, status and period. That way you can always find individual positions and their history.
  • Auto-sync with Interactive Brokers incl. strategy detection: Configure it once and your portfolio updates automatically via the IBKR Flex Web Service. Alternatively import as Flex XML or CSV. On import, the tool automatically detects strategies (roll, vertical, iron condor, calendar spread, wheel).

And more: risk monitoring at open strikes, upcoming earnings, export as CSV/XML/Excel, multi-currency and multiple portfolios.

Related: Tracking the Wheel Strategy – cycle, cost basis & total return

Start now with a 7-day free trial – all features included. Afterwards the service costs 5 euros per month, or 50 euros per year.