Learn about our vision, history, and amazing team members.
Who We Are
The #1 platform for options data, backtesting, trading, and more.
We believe that alpha (an investment strategy's ability to beat the market) is a consequence of quality data. That's why we've built an entire ecosystem around thousands of our proprietary indicators and historical quotes. Our products have helped firms, advisors, and retail traders take advantage of our quality data and develop more informed options trading strategies. And it's why we're committed to building the best platform in the industry. Learn how we've grown since our inception in 2001, and read about our vision for the future.
Matt Amberson starts as a CBOE market maker and hires statistically minded individuals for market making and options research. Techniques to calculate superior volatility calculations and forecasts are developed.
Option Research & Technology Services (ORATS) is formed to offer options products using procedures developed for a successful market making operation. The Smoothed Market Values (SMV) system is designed to produce the best greeks, implied volatilities and theoretical values in the industry.
Core data based on summarizations from the SMV system including implied earnings and dividends is offered as a product.
Data APIs are offered to access information. Backtesting options strategies for clients are introduced.
Wheel – our online platform for backtesting, scanning, and more – is released to the public.
SMV summarizations added including forward volatilities, skew granularities, and component calculations.
Optimization services are offered to clients as a way to quickly test thousands of parameters and indicators to find the best-performing investment strategies.
Latest Updates
Q1 2021
Launched support for paper trading on Wheel so you can test strategies without risking real capital. Also launch Wheel welcome page with featured backtests using optimized parameters.
Q2 2021
Launched redesigned ORATS website with all new product pages, pricing information, and explanatory videos.
Launching autotrading tool on Wheel, making it easy to trade multiple strategies without manually entering orders. Also redesign scanner and implement data widgets for easier trade finding.
Launching live trading support on Wheel so you can seamlessly transition from testing to real-time implementation across many popular brokers.
What's next?
We have a lot planned. Contact us with any ideas or suggestions on what you would like to see!
Our Team
Meet the people behind our products.
Matt Amberson
Founder & Principal
Matt started ORATS in 2001 and has served thousands of clients in his two decades at the helm. Before ORATS, Matt worked as a market maker on the floor of the CBOE.
Jon Kong
Director of Engineering
Jon has been with ORATS since 2007, leading the engineering efforts in building out our products, services, and IT infrastructure.
Tyler Cheves
Product Manager
Before working at ORATS, Tyler created an options trading platform on iOS. His experience as a developer, trader, and designer helps us improve and expand our product offering.
Wendy Rauch
Dividend Analyst
Wendy has been our lead dividends researcher since 2009. Prior to ORATS Wendy worked as public relations manager for a large mutual fund management company.
Jonathan Sleeuw
Jonathan has served a variety of roles at ORATS over the years. With decades of experience working within financial firms, Jonathan provides valuable insight and development tips.