The Greeks
What are options?
Risk & Reward
Volatility
Option Selling Strategies
Assignment
Practical Tips
Recommended Books
Grouping positions
Position Naming and Strategy Tracking
How delete a transaction
Handling Options During a Stock Split
Automatic strategy categorization
Position Audit
Creating and managing Books
How to read a position
Quickly Close or Expire a Position
Editing trades
To keep track of multiple trades in the same instrument or strategy, we recommend using a naming convention:
Underlying Symbol: Start with the underlying symbol (e.g., XBI or IWM).
Entry Date: Include the date you entered the trade (e.g., May 2).
Type of Trade: Specify the trade type, such as Strangle or Iron Condor.
For example, if you opened a strangle on XBI on May 2, you can name the position XBI-May02-Strangle.
WealthBee is a trading journal and platform that helps you track your investments, monitor your portfolio, and analyze your performance. It is designed to be easy to use, intuitive, and powerful for both beginners and experienced investors.