New
The Tools APIs are now live: option scanning, backtest search, intraday backtesting, and time & sales over REST
An all-in-one options trading platform
Trading Tools
Make smarter trades with our integrated platform of advanced options tools, now featuring the Intraday Backtester and Otto, your built-in AI agent. Plus, connect to your favorite broker to send trades seamlessly through ORATS.
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Options backtester: Browse over 300 million options backtests or create your own custom backtests with our flagship product. With historical data going back to 2007 for over 5,000 stocks, you can test your strategies with confidence. New: flip into Intraday mode to backtest 0DTE strategies on 1-minute data back to October 2020. Each backtest comes equipped with a graph of returns, 37 different performance metrics, a table of monthly returns, and a detailed trade log.
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Scan for stocks and options: Our scanners work with each other to give you a complete picture of the market. For example, you can scan for stocks that are reporting earnings this week and then scan for straddles on those stocks. Utilize the power of hundreds of proprietary indicators plus multiple theoretical values to find the perfect trade.
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Send orders through your broker: We currently support Interactive Brokers, TradeStation, and Tradier with more brokerages in the works. You can send orders directly from the ORATS platform and manage them in your Positions tab. We also support paper trading accounts for testing your strategies.
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Trading Tools
An all-in-one package for options research, backtesting, trading, and risk management.
$99
/ month
Includes:
Real-time Data
Option ScannerPOPULAR
Options BacktesterPOPULAR
Connect to Interactive Brokers, TradeStation, and Tradier
2,000 Backtests / month
New Updates
The latest additions to Trading Tools
Intraday BacktesterNEW
Backtest 0DTE and short-dated strategies on 1-minute data back to October 2020. Minute-level entries, exits, stops, and profit targets.
Otto AI AgentNEW
The AI agent inside the dashboard. Otto runs backtests, scans the market, builds trades, and explains what you're seeing, all in plain English.
Trading Tools
Top Features Loved by Users
Options backtester
Browse over 300 million options backtests or create your own custom backtests with our flagship product. With historical data going back to 2007 for over 5,000 stocks, you can test your strategies with confidence. New: flip into Intraday mode to backtest 0DTE strategies on 1-minute data back to October 2020. Each backtest comes equipped with a graph of returns, 37 different performance metrics, a table of monthly returns, and a detailed trade log.
Scan for stocks and options
Our scanners work with each other to give you a complete picture of the market. For example, you can scan for stocks that are reporting earnings this week and then scan for straddles on those stocks. Utilize the power of hundreds of proprietary indicators plus multiple theoretical values to find the perfect trade.
Send orders through your broker
We currently support Interactive Brokers, TradeStation, and Tradier with more brokerages in the works. You can send orders directly from the ORATS platform and manage them in your Positions tab. We also support paper trading accounts for testing your strategies.
- 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
Trading Tools, answered.
What is in the Trading Tools subscription?
The whole platform: the Options Backtester and its Intraday mode, the Option Scanner and Stock Scanner, Trade Ideas, the Strategy Optimizer, Ticker Analysis, the Trade Builder, Trading with broker connections, Otto the AI agent, and real-time data. There is one subscription, not a menu; every tool on this site marked as included is in it.
How much is it?
$99 per month for an individual license, or $199 per user per month for a professional license. A professional license covers any use on behalf of a firm or clients, or shared access among colleagues. Cancel within 24 hours of signup for an automatic full refund.
Does it include the Data API?
No, and this is the most common mix-up. Trading Tools is the dashboard you click; the ORATS Data API is a separate subscription for programmatic access to the same data, starting at $199 per month. If you want both, buy both. See the Data API page for API plans.
How do I get real-time data?
Real-time data comes with every Trading Tools subscription, but you have to sign the OPRA and Cboe agreements first. Click the orange “Get live data” link at the top of the dashboard, or go to dashboard.orats.com/live-data. Until then the quotes run 15 minutes behind the market.
Which brokers can I connect?
Interactive Brokers, TradeStation, and Tradier, with more in the works. Paper trading accounts are supported too, so you can run a strategy without funding anything. ORATS is not a broker; orders route to your own account.
How many backtests do I get?
2,000 custom backtests per month. Browsing the 300+ million precomputed backtests is unlimited and does not draw down that allowance.
Is there a free trial, or a student discount?
No free trial, but the 24-hour refund window means a first day costs you nothing if it is not for you. Students get up to 50% off at orats.com/student; that rate excludes live data and broker connections, which can be added at cost.
How do I cancel?
In the dashboard, under the Subscriptions tab, using the same email you signed up with. It takes one click and there is no cancellation call.
Learn from an ex-market maker
Weekly options education hosted by ORATS founder Matt Amberson.
Watch on Youtube
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Contact Us
Questions about the API requirements? Want to become an affiliate? Curious about the backtester? Leave us a message and we'll get back to you shortly.
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ORATS
Institutional Quality Tools for All Options Traders
(312) 986 - 1060
support@orats.com
36 Maplewood Ave, Portsmouth, NH 03801
Trading Tools
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.