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Send orders through your favorite broker and monitor your positions with text and email alerts. Or, paper trade your strategies in a safe and risk-free environment.

1

Trade ideas: Trade ideas aren't just ideas anymore - we backtest every trade idea so that you can make better decisions rooted in historical data. To find the top trades for today, we first rank all of our pre-compiled backtests across all symbols and strategies by best return on risk, filtering those with entry triggers that match the current environment (VIX, SMA, RSI, IV Percentile, and slope percentile). Then for each of the top performing backtested strategies, we scan to find the best options trade ranked by POP%, risk/reward, and theoretical edge.

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2

Profit attribution: Developed in-house by the traders at ORATS, the profit attribution calculation breaks down how greeks, skew and theoretical values impact your trades. We calculate this on a per-trade basis, then add it up to get a total portfolio value. For example, if yesterday the debit cost of your trade was $0.74, and today it's $0.86, where is the $0.12 price increase coming from? We break it down into eight factors.

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3

Trade analysis: Analyze your options trades with a state-of-the-art payoff diagram (Greeks included). Additionally, quickly adjust 'What if?' scenarios in the trade analyzer to see how the theoretical value today will change according to your parameters. We offer two variables: 1. Implied Volatility Change %: Choose how much to increase or decrease the implied volatility of the position. 2. Days to Expiration: Choose how much to increase or decrease the time to expiration of the position.

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Trading Tools

An all-in-one package for options research, backtesting, trading, and risk management.

Individual
Professional

$99

/ month

Try 14 days for $29

Includes:

Real-time Data

Option Scanner

Options Backtester

Stock Scanner

Trading

Ticker Analysis

Trade Builder

Signal Builder

Market Intelligence

Connect to Interactive Brokers, TradeStation, and Tradier

100 Backtests / month (10 during trial)

Trading

Top Features Loved by Users

Trade ideas

Trade ideas aren't just ideas anymore - we backtest every trade idea so that you can make better decisions rooted in historical data. To find the top trades for today, we first rank all of our pre-compiled backtests across all symbols and strategies by best return on risk, filtering those with entry triggers that match the current environment (VIX, SMA, RSI, IV Percentile, and slope percentile). Then for each of the top performing backtested strategies, we scan to find the best options trade ranked by POP%, risk/reward, and theoretical edge.

Profit attribution

Developed in-house by the traders at ORATS, the profit attribution calculation breaks down how greeks, skew and theoretical values impact your trades. We calculate this on a per-trade basis, then add it up to get a total portfolio value. For example, if yesterday the debit cost of your trade was $0.74, and today it's $0.86, where is the $0.12 price increase coming from? We break it down into eight factors.

Trade analysis

Analyze your options trades with a state-of-the-art payoff diagram (Greeks included). Additionally, quickly adjust 'What if?' scenarios in the trade analyzer to see how the theoretical value today will change according to your parameters. We offer two variables: 1. Implied Volatility Change %: Choose how much to increase or decrease the implied volatility of the position. 2. Days to Expiration: Choose how much to increase or decrease the time to expiration of the position.

  • 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
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The opinions and ideas presented herein are for informational and educational purposes only and should not be construed to represent trading or investment advice tailored to your investment objectives. You should not rely solely on any content herein and we strongly encourage you to discuss any trades or investments with your broker or investment adviser, prior to execution. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. Option trading and investing involves risk and is not suitable for all investors. For more information please see our disclaimer.
Interactive Brokers is not affiliated with Option Research & Technology Services, LLC and does not endorse or recommend any information or advice provided by Option Research & Technology Services, LLC.