If you're a UK-based investor running the Wheel Strategy – selling cash-secured puts (CSPs) and covered calls (CCs) to generate consistent income – you've probably struggled to find software that truly understands your needs.
Most options tracking tools are built for US day-traders or complex multi-strategy portfolios. They either ignore UK tax rules entirely or try to be everything to everyone, resulting in bloated interfaces and confusing reports.
Why Accrue Exists
We built Accrue because we needed it ourselves. As UK investors focused on the Wheel Strategy for steady income, we wanted:
- HMRC compliance from day one – proper handling of same-day rules, the 30-day rule, and Section 104 pooling for shares acquired via assignment
- Weekly income tracking – see your premium income week-by-week, with rolling averages and YTD totals
- Clear assignment handling – when a cash-secured put gets assigned, Accrue automatically creates your Section 104 pool and tracks cost basis correctly
- No bloat – one profile, one plan, no unnecessary features. Just what you need for CSPs and CCs
Built for UK Investors
HMRC's Capital Gains Tax rules for share disposals are complex. When you:
- Sell a CSP and it gets assigned → you acquire shares at the strike price
- Sell covered calls against those shares → income from the premium
- Eventually close the position or get assigned on the CC → CGT event with pooling rules
Accrue handles all of this automatically, matching disposals with acquisitions according to HMRC's strict order: same-day first, then within 30 days, then from the Section 104 pool.
What You Get
With Accrue, you can:
- Log every CSP and CC trade with dates, strikes, premiums, and outcomes
- See weekly income summaries and track your consistency
- Monitor your Section 104 pool for each stock
- Export HMRC-ready CGT reports when you need them
- Visualise your ROI and rolling averages
Try It Today
We're offering a 7-day free trial with full access to all features. No credit card required upfront. If you're running the Wheel Strategy in the UK and want proper tracking and tax compliance, give Accrue a try.