Premium collected is not profit. Option Journal rebuilds your whole book from your broker export, with rolls chained, assignments detected and collateral tracked, then shows you win rate, expectancy and return on capital.
Free access by invitation during the private beta.
One upload
Full IBKR history, rebuilt automatically
Rolls & assignments
Chained and detected, not lost as loose lines
Seller analytics
Win rate, ROC, expectancy, drawdown
How it works
Three steps, and the third one is the reason for the first two.
Run an Interactive Brokers Flex Query and upload the CSV. Opens, closes, rolls, assignments and stock legs are parsed and normalised in one pass. Not on IBKR yet? Add trades by hand.
Positions are reconstructed lot by lot. A put rolled five times stays one chain with its cumulative premium. An assignment becomes shares. Collateral is computed per position and per expiration date.
Win rate, expectancy, annualised return on capital and drawdown, with P&L broken down by ticker, strategy and days to expiration, for each portfolio separately.
Product tour
Dashboard, trades, portfolio and calendar. The four views you will actually live in.
KPIs, open collateral, and performance at a glance.
Why Option Journal
Every one of these is possible in Excel. None of them survives contact with a year of trades.
Upload your Interactive Brokers Flex export and the whole book rebuilds itself: opens, closes, rolls, assignments and stock legs. Manual entry covers everything else.
A put rolled five times is one position with a cumulative premium, not five disconnected trades. The full chain stays visible.
Broker exports file them as expirations, which quietly zeroes your assignment rate. Here the wheel stays connected from put to shares to covered call.
See pledged collateral per position and how much lands on each expiration date, before you add another line.
Win rate, expectancy, annualized return on capital and drawdown, broken down by ticker, strategy, and days to expiration.
Each portfolio keeps its own cash, goals, and tax settings. A taxable account and a retirement account never bleed into each other.
Who built this
Anyone can ship a trading app in a weekend now. What they cannot ship is the eight years of selling puts and covered calls that tell you which details actually matter.
Option Journal exists because every tool I tried got those details wrong. Rolls recorded as unrelated trades. Collateral nobody tracked. And my own broker export filing assignments as plain expirations, which quietly reported my assignment rate as 0% after dozens of real assignments.
Those are not hypothetical bugs. They are the ones I hit in my own account, and fixing them properly is what this app is.
From the blog
Long-form guides on rolls, assignment, collateral and the metrics that decide whether a premium-selling year was actually good.
Key takeaway: A repeatable monthly review for option sellers: which numbers to pull, the metrics that actually matter, how to break results down by ticker and strategy, and the questions to answer each month.
Read more
Key takeaway: Trading psychology for premium sellers: why a 90% win rate distorts judgement, the traps of revenge trading and sunk cost, discipline in drawdown, and rules that survive stress.
Read more
Key takeaway: Covered call ETFs versus selling your own covered calls: how the funds work, what the fees and capped upside really cost, tax and control differences, and who each option actually suits.
Read moreFAQ
Everything you need to know about Option Journal before you start journaling.
Import one Flex export and see the whole book: rolls, assignments, collateral and what it all actually earned.
Free access by invitation during the private beta.
