// why-tickerscribe

Why TickerScribe

Most trading journals make you pick a side — options or stocks — and treat the other as an afterthought. TickerScribe was built around the trades that cross that line: assignments, covered calls, rolls, and the wheel. Five things it does that the others don't.

Ledger-accurate · 100% free · no card

01 // one-position

Two journals, one position

Sell a cash-secured put; when it's assigned, the shares appear in your stock journal at the right cost basis. Sell a covered call against them; when they're called away, the sale closes the loop.

Every leg lands in the journal it belongs to — linked as one wheel cycle, on a single ledger. No copying fills between tools, no reconciling two P&Ls by hand.

OptionCash-Secured Put
StockAssigned
OptionCovered Call
StockCalled Away
The Wheeltracked at every stage

02 // double-entry

P&L that balances to the cent

Every trade posts to a double-entry ledger inside a transactional database. Your P&L is derived from entries that must balance — not pieced together from spreadsheet formulas that drift.

Premiums, commissions, and assignments each get their own entry, so every number on the dashboard can be traced back to the trades that produced it.

aapl-wheel.ledger
  • Sell to openAAPL 165P · 1 contract+240.00
  • Commissionopen + close−1.05
  • Assignment100 sh @ 165.00−16,500.00
  • Stock sold100 sh @ 171.00+17,100.00
Net realized+838.95

every entry balances · accurate to the cent

03 // options-depth

A real options journal

Elsewhere this depth sits behind a paid tier, or options get logged as generic trades and the structure is lost. Here it's the core of the product, free.

Strategies are detected automatically from your strikes, expirations, and contract types. Roll a position and the legs chain into one history instead of scattering across your log:

AAPL · cash-secured put roll-chain
Sep 19leg 1

Sell 180 Put

opened

+240.00 credit

Oct 17leg 2

Roll to 175 Put

closed + reopened

+185.00 credit

Nov 21leg 3

Roll to 170 Put

closed + reopened

+160.00 credit

Net credit · whole chain+585.00one history · every leg kept
  • 30+ strategies · auto-detected
  • up to 8 legs
  • Greeks & IV per trade
  • assignment & expiration handled
  • per-leg P&L

04 // free-means-free

Free means free

0

pricing tiers

0

trade caps

0

cards required

0

trial deadlines

There's no premium version hiding a better product — the whole product is free, and the current feature set stays free. If premium features are ever introduced, what's available today remains free for everyone. Most alternatives run subscriptions, and several keep options journaling in the paid tiers — see the feature-by-feature comparisons.

05 // your-data

Your data is yours

Easy in, easy out, private in between. Every export is a 100% backup that re-imports for full restoration — plain CSV, no lock-in.

Inreads
  • Major brokersauto-detected on upload
  • Everything elseuniversal CSV mapper
  • Duplicatesflagged before saving
How importing works
Privatein between
  • Row-level securityisolated to your account
  • Adsnone
  • Data sellingnever
Share stats, never trades
Outwrites
  • Exporta 100% backup
  • Re-importfull restoration
  • Formatplain CSV, no lock-in
The round trip

The rest is easier to see than to read

No card, no trade caps. Import your history and see your trading in one workspace in under a minute.