New
The Tools APIs are now live: option scanning, backtest search, intraday backtesting, and time & sales over REST
Visualize your trade
Trade Builder
Chart future expirations and strikes with overlays for earnings, trendlines, volatility, open interest, and more.
1
Earnings and insider trades: Historical earnings dates are shown on the graph, along with their actual and implied moves. Red means the actual move was below zero while green means the actual move was above zero. Insider buys and sells reported by the SEC are shown by the red and green arrows on the chart. Hover over to see officer title, amount of shares traded, and total dollar value. The arrows are scaled to represent the size of the trade.
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2
Volatility visualized: See where future volatility is undervalued (green) or overvalued (red). ORATS uses proprietary volatility models to forecast short and long term volatility as well as short and long term slope. Also see the 68% and 95% expected range of stock movement calculated using the at-the-money implied volatility value.
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3
Open interest & volume: Open interest and volume for each strike is shown by the cyan and purple bars at each expiration. The scale of each bar is shown on the top left of the chart. Cyan bars indicate call Ol/volume while purple bars indicate put Ol/volume.
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New to this? See the Charting and analysis lesson in ORATS University.
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Trade Builder
Top Features Loved by Users
Earnings and insider trades
Historical earnings dates are shown on the graph, along with their actual and implied moves. Red means the actual move was below zero while green means the actual move was above zero. Insider buys and sells reported by the SEC are shown by the red and green arrows on the chart. Hover over to see officer title, amount of shares traded, and total dollar value. The arrows are scaled to represent the size of the trade.
Volatility visualized
See where future volatility is undervalued (green) or overvalued (red). ORATS uses proprietary volatility models to forecast short and long term volatility as well as short and long term slope. Also see the 68% and 95% expected range of stock movement calculated using the at-the-money implied volatility value.
Open interest & volume
Open interest and volume for each strike is shown by the cyan and purple bars at each expiration. The scale of each bar is shown on the top left of the chart. Cyan bars indicate call Ol/volume while purple bars indicate put Ol/volume.
- ORATS looks great so far, lovely UX and design!- Matt
- I'm very pleased so far since I can go straight from research in ORATS to placing trades without needing to go into IBKR.- Ryan K.
- I am very impressed with the functionality and interface of ORATS. The platform's data and analytics capabilities have exceeded my expectations so far.- Mikhail
- I'm grateful to have access to this quality set of tools to do the work I LOVE... I do think where you're going has the potential to disrupt the traditional brokerage business and fuel the next retail trading boom.- Lauren R.
- ORATS offers enough to make me a customer for life... The videos and blog entries have been very helpful... The stock scanner templates (particularly the earnings scanner is very useful).- Eric
- I'm loving the new functionality you've given ORATS, especially the screening functionality for spreads- Patrick
- The dashboard is so intuitive, along with the ability of drilling into various segments, command simple requests, etc. It's so easy to decipher feedback and is especially user-friendly for a newbie user.- Tony M.
- The stock scanner is the greatest scanner ever made- Aiman
- There is a lot to the platform and it helps to watch someone who understands the nuances use it. The way the various sections of the platform integrate with one another is an elegant feature and the overall presentation of the data returned is very clean.- Mark
- ORATS is fantastic platform! I have used several including ivolatility/Options omega, but nothing comes close to ORATS.- Ramesh
- ORATS is such a robust and well-thought-out tool, every time I use it, I seem to discover something new to explore. Honestly, it makes me feel like a kid in a candy store.- Abhesh
- I've previously used tools like OptionVue and OptionNetExplorer, but I can clearly say that ORATS operates on a completely different level in terms of data depth and usability.- Metin
- I have been learning your screen set up and nomenclature using Otto and I have got to tell you it is by far the best automated help program I have experienced. Excellent job.- Joel
- Otto is great, way more helpful than general AIs like Perplexity as it has way more context!- Andrey
- I love ORATS. You guys do a lot of the heavy lifting with options data and it's the reason why I chose your company.- Rahul
- I am loving the tool so far. This is coming from someone that has been experimenting with Unusual Whales, Quant Data, Predicting Alpha, Barchart.- Sharif
- I used ORATS on the IBKR TWS platform. I loved it and wanted more options for Backtesting so subscribed to your web platform.- Ajay
- Thank you for building ORATS, we use it as a primary data source for our options research.- Lalith
- Thank you for building ORATS. I love the tool and the weekly webinars.- Wenjing
- I am extremely impressed by ORATS! I have been using the AI tool to learn more about the terminology and tools on the website, and it has been very helpful.- John
- Otto has been very helpful (and very good as sales rep!)- Nico
- I really like the new backtester.- Zach
FAQ
Trade Builder, answered.
What am I actually looking at?
The whole forward options calendar for one symbol on a single chart: every future expiration along the x-axis, strikes up the y-axis, and your trade legs drawn on top. It is built for seeing where a trade sits relative to earnings, expected range, and the strikes where other people are actually positioned.
What do the earnings and insider markers mean?
Historical earnings dates appear on the chart with their implied and actual moves, green when the actual move was up and red when it was down. The arrows are insider buys and sells as reported to the SEC, scaled to the size of the trade; hover one for the officer’s title, the share count, and the dollar value.
How do I read the volatility shading?
Green marks expirations where future volatility looks undervalued against our forecast, red where it looks overvalued, using ORATS’ proprietary models for short- and long-term volatility and slope. The chart also draws the 68% and 95% expected stock range from the at-the-money implied volatility.
What are the cyan and purple bars?
Open interest and volume at each strike for each expiration, cyan for calls and purple for puts. The scale sits in the top left of the chart, so you can tell at a glance whether a strike is genuinely crowded or just looks tall.
Can I trade from the chart?
Yes. Drag legs onto the chart to build a position, check it against the payoff diagram and Greeks in the Risk Profile, and send it to Interactive Brokers, TradeStation, or Tradier, or into a paper account, without leaving the platform.
What does the Trade Builder cost?
It is included in ORATS Trading Tools at $99 per month for an individual license ($199 per user per month for a professional license), alongside every other tool on the platform, from the backtesters and scanners to Otto, real-time data, and broker connections. Cancel within 24 hours of signup for an automatic full refund.
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