Frequently Asked Questions
Everything you need to know about Njord Options
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Njord Options is a free portfolio tracker designed specifically for options wheel strategy traders. It helps you track positions, calculate P/L, monitor premium income, and analyze your performance.
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Njord Options is 100% free to use. All core features are free forever. We may add optional premium features in the future, but the free tier will always remain free.
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No! Just create an account with your email and password. No credit card required.
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The wheel strategy is an options trading strategy that involves selling cash-secured puts, potentially getting assigned shares, then selling covered calls on those shares. It generates income through option premiums while potentially owning quality stocks.
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The wheel strategy is great for traders who want to generate income, are comfortable owning specific stocks at certain prices, and prefer a systematic approach to options trading. It requires enough capital to purchase 100 shares per contract.
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While Njord Options is optimized for wheel strategy tracking, you can track any options trades that involve puts, calls, stock ownership, and assignments.
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You can import your complete trading history from Robinhood by uploading your CSV export file. The system automatically processes all your options trades, assignments, and stock transactions.
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Yes! You can manually add positions and trades through our intuitive forms. This is useful if you trade with brokers other than Robinhood.
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Each position has an 'Update Price' button that lets you enter the current stock price. This updates your unrealized P/L calculations.
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We use FIFO (First-In-First-Out) lot accounting to track which shares you own and when you acquired them. When you sell shares, we automatically match them to the oldest lots to calculate accurate cost basis and realized gains.
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Yes. Your data is stored securely and is private to your account. We don't share your trading data with anyone.
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Only you can see your portfolios and trades. Your data is completely private.
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Data export functionality is coming soon. You'll be able to export your positions and trades to CSV.
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You can reach us through the contact page with any questions, feedback, or issues. We typically respond within 24 hours.
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Absolutely! We love hearing from users. Contact us with your feature requests and we'll consider them for our roadmap.
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Please report any bugs through our contact page. Include as much detail as possible so we can fix it quickly.