How to Pick the Best Options to Trade Like a Pro
Searching for the ultimate guide to finding the best options to trade? You’ve come to the right place. Optionstrat equips you with a next-generation options profit calculator, real-time flow analyzer, and optimizer so you can uncover high-profit-potential trades the pros rely on. Get 20% OFF the first month of your subscription and start trading smarter today.
What is Optionstrat?
Optionstrat is a comprehensive trading toolkit designed to help you identify, analyze, and execute the best options to trade. Combining advanced visualization, real-time data feeds from OPRA, and a powerful options optimizer, Optionstrat gives you instant insight into strategy performance, unusual flow activity, and profit/loss projections—all in one platform.
Optionstrat Overview
Founded to bring institutional-grade options analytics to retail traders, Optionstrat has rapidly grown into the go-to solution for active market participants. Our mission is to demystify complex strategies and flow data, empowering users with the clarity needed to trade confidently.
Since launch, Optionstrat has processed millions of option spreads, tracked billions in open interest, and served thousands of subscribers worldwide. Ongoing feature updates and a commitment to data accuracy have earned industry recognition and a loyal customer base.
Pros and Cons
Pro: Real-time, auto-updating data direct from OPRA ensures accuracy and minimal lag.
Pro: Unusual options flow scanner uncovers large, complex trades by institutions, insiders, and professional traders.
Pro: Strategy builder and profit calculator visualize expected P&L, greeks, and breakevens instantly.
Pro: Options optimizer ranks thousands of trade ideas by max return or probability of profit.
Pro: Customizable filters and alerts notify you the instant a matching trade occurs.
Pro: Performance tracking and paper trading let you save and monitor trades without risk.
Con: Advanced features may have a learning curve for complete newbies.
Con: Premium live-refresh flow data requires a paid subscription.
Features for Finding the Best Options to Trade
Enhanced Real-Time Flow
Scan the market for real, actionable option transactions:
- Detect bull/bear spreads, condors, and directional plays.
- Assess urgency and size to follow smart money.
- Categorize trades by sentiment for quick filtering.
Options Profit Calculator
Build and adjust strategies with live P&L visualizations:
- View cost, credit, breakevens, max profit/loss.
- Drag strikes or tweak implied volatility to see dynamic greeks.
- Overlay future greeks and commissions for full transparency.
Options Optimizer
Automatically generate top-ranked trades for your targets:
- Select a sentiment, target price, and expiration.
- Rank thousands of potential strategies by return or probability.
- Save time and uncover setups you might otherwise miss.
Custom Filters & Alerts
Stay ahead with tailored scans and instant notifications:
- Filter flow by ticker, trade size, strategy type, and sentiment.
- Save configurations and highlight matching rows.
- Receive email or in-app alerts the moment criteria are met.
Performance Tracking & Paper Trading
Backtest and monitor saved trades without risking capital:
- Track realized and unrealized P&L over time.
- See today’s return, total return, and peak performance.
- Practice entry and exit with simulated orders.
Optionstrat Pricing
Choose the plan that fits your trading style and budget.
Free Plan
Price: $0/month
- 15-minute delayed flow data
- Basic profit calculator
- Up to 5 saved trades
Premium Plan
Price: $99/month
- Live auto-refreshing flow data
- Unlimited saved trades and alerts
- Full optimizer access
- Priority customer support
Optionstrat Is Best For
No matter your experience level, Optionstrat adapts to help you find the best options to trade.
Beginner Traders
Gain hands-on experience with simulated trades and intuitive visual tools.
Active Traders
Scan large, unusual flow in real time to identify high-conviction setups.
Professional & Institutional
Leverage deep data feeds and advanced optimizer functions for complex strategies.
Benefits of Using Optionstrat
- Streamlined Decision-Making: All essential analytics in one platform.
- Faster Ideation: Optimizer uncovers trades in seconds.
- Better Accuracy: Data from OPRA ensures you match what your broker sees.
- Risk Management: Visual P&L and greeks illuminate potential outcomes.
- Performance Insights: Track historical test results and live trade performance.
Customer Support
Our support team responds promptly via email and live chat, ensuring you never miss an opportunity. Whether you need help setting alerts or interpreting flow data, our experts are at your side.
Premium subscribers receive priority support with dedicated account managers, plus access to onboarding webinars and step-by-step tutorials to get up to speed fast.
External Reviews and Ratings
Users consistently praise Optionstrat’s data accuracy, intuitive interface, and powerful optimizer. Many highlight how unusual flow alerts led to timely, profitable trades they wouldn’t have discovered otherwise.
A few traders mention the initial learning curve when diving into complex strategies; however, ongoing updates and educational resources have addressed these concerns and streamlined the onboarding process.
Educational Resources and Community
Optionstrat hosts a rich library of tutorials, webinars, and blog posts covering everything from basic option concepts to advanced flow analysis techniques. Users can join our active forums to discuss trade ideas, share filter settings, and learn from professional traders.
Conclusion
When you’re serious about identifying the best options to trade, clarity and speed matter. Optionstrat delivers both, combining live flow data, an intuitive profit calculator, and a powerful optimizer in one platform. Mid-article decision making is seamless—whether you’re adjusting greeks or scanning for unusual trades, Optionstrat keeps you ahead of the curve.
Ready to trade like a pro? Get 20% OFF the first month of your subscription and elevate your options strategy today.