Backtester: Test your strategies
Our flagship product allows you to backtest any option strategy dating back to 2007.
Bullish, bearish, & neutral strategies
Hundreds of entry & exit triggers
Days to expiration & strike selection
Save and sort backtests
See breakdown of every trade
See overview of monthly returns
Option Scanner: Find trades meeting your criteria
Scan and rank thousands of option trades based on volatility metrics, delta cost, and other theoretical values. Add stock scans, entry criteria, and custom signals to every strategy.
Adjust rank weightings for theoreticals
Run a stock scan or enter your own symbols
Check for upcoming earnings or dividends
Scan on custom backtests
Sort by any column
Change timeframe and strike deltas
Filter columns
New! Trade Analyzer: Price changes explained
Get critical details on every trade including price attribution and theoretical payoff adjustments.
Price attribution
Developed in-house by the traders at ORATS, the price attribution calculation breaks down how greeks, skew and theoretical values impact your trade. For more information on price attribution, read the blog post here.
Order adjustment
Manually change the expiry, strike, quantity, and price of the trade. Click the eye icon to toggle visibility of each leg in the payoff diagram.
Theoretical payoff adjustments
Quickly adjust "What if?" scenarios for implied volatility and days to expiration to see how the theoretical value today will change according to your parameters.
Greeks
See how Delta, Gamma, Theta, and Vega will change over time as the stock price changes.
New! Signal Builder: Time your trades
Create and backtest custom intraday (one-minute) signals with fast and slow moving averages, RSI, and criteria values from over 80 ORATS indicators.
Compare fast and slow moving averages
Build custom ratio indicators
Immediately check backtest results
See if criteria is met
Hover to see minute-by-minute values
Drag viewbox to see timeframe
Indicator Explorer: Data definitions, charts, and scans
We've added an entire tab dedicated to educating you on each of over 800 indicators, complete with definitions, analysis, API endpoints, related indicators, and more.
Search 800+ indicators and definitions
Learn details about advanced calculations
Browse and link to related indicators
Quickly access API endpoints
Chart history for any symbol
Stock scan results sorted by indicator
Options Chain: With powerful additions
View a redesigned options chain with adjustable columns plus a detailed graph of monthly implied volatility.
Order highlighting
Call & put IVs for each expiration
Outlier slope, confidence, and IV highlighted
Click and drag to adjust columns
At-the-money implied volatility
Trade Builder: Visualize your trade
Chart future expirations and strikes with overlays for earnings, trendlines, volatility, open interest, and more.
Value Vol heat map
Insider transactions
OI and volume for each strike
Earnings history
IV vs HV history
Drag and drop trade legs
Click & drag to see more expirations
Add custom indicators
Stock Scanner: Find tickers meeting your levels
Scan over 5,000 stocks and ETFs using 700+ proprietary option indicators plus 22 new fundamental indicators.
Load pre-canned scans
Add custom indicators
Filter on fundamental & volatility metrics
Choose percentiles or custom values
Create ratios to components
Save your scans
Send symbols to option scanner
Sort columns
Earnings & Financials: A history of earnings
View and download historical earnings information and quarterly financial data for any stock.
Implied vs. actual earn move
See upcoming implied move
View and download earnings history
Choose between 10+ graphs to overlay
Next earnings & dividend date
Search over 5,000 symbols
Pricing
$99 /mo
All the tools for options trading strategy development. For individual use.