OptionsStrat

Visual options strategy builder and profit/loss calculator with real-time pricing, IV analysis, and P&L simulations for all options strategies.

★★★★☆ 4.0/5
optionsstocks

Quick Facts

Starting Price
Free
Free Tier
Yes
Founded
2020
Company
OptionsStrat LLC

OptionsStrat Overview

OptionsStrat is a specialized options analysis platform that makes complex options strategies accessible through intuitive visual profit/loss diagrams, real-time pricing, and powerful simulation tools. The platform is designed for options traders of all levels who want to understand the risk/reward profile of any options strategy before placing a trade. The core feature is the Strategy Builder, which allows traders to construct any combination of calls, puts, and stock positions, then instantly see the P&L diagram, breakeven points, max profit, max loss, probability of profit, and Greeks. The platform supports all standard strategies (verticals, iron condors, butterflies, straddles, calendars, etc.) and custom multi-leg combinations. OptionsStrat provides real-time options pricing, implied volatility analysis, IV rank/percentile, unusual options activity scanning, and an earnings calendar with expected moves. The mobile app is particularly popular among traders who want quick P&L analysis on the go. The free tier offers basic strategy visualization, while the Premium plan ($29.99/mo) unlocks real-time data, advanced analytics, and unlimited strategy saves.

OptionsStrat Pricing

Free

Free
  • Basic P&L diagrams
  • Delayed data
  • Standard strategies
  • Limited saves
Most Popular

Premium

$29.99 /mo

$19.99/mo billed yearly

  • Real-time options data
  • Advanced analytics
  • Unusual activity scanner
  • Unlimited strategy saves
  • IV analysis tools
  • Earnings expected moves

Features

AI Analysis
Backtesting
Paper Trading
Price Alerts
Mobile App
API Access
Social Features
Broker Integration
Custom Indicators
Automated Trading
Trade Journaling
Performance Analytics
Risk Management
News Feed
Education Content

Pros & Cons

Pros

  • + Best visual P&L diagrams for options strategies
  • + Intuitive strategy builder — great for learning
  • + Real-time Greeks and IV analysis on Premium
  • + Excellent mobile app for on-the-go analysis
  • + Unusual options activity scanner

Cons

  • - Free tier uses delayed data
  • - No broker integration for trade execution
  • - No backtesting capabilities
  • - Premium pricing is relatively high for a visualization tool
  • - Limited to US equities options

Rating Breakdown

4.0
★★★★☆

Overall Rating

ease of use
4.7
features
3.8
value
3.7
support
3.8
reliability
4.2

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