Live Tools
$99 a month
- Backtest, Scan, Chart, Chain, Risk
- Unlimited symbols and use
- 30-day reduced price trial
- For individual use
ORATS offers Tradier Brokerage users 1) live options market data with implied volatilities, theoretical values and greeks delivered through an API, and 2) web-based tools to backtest, scan, view chains, chart and assess position risk.
Here is more on the web-based tools (pricing below):
Test your strategies before trading them in the market. Tweak your criteria, like delta and days to expiration and hundreds more triggers. The Backtester simulates an option strategy using daily data back to 2007. You can find backtester samples, instructions, videos, and tutorials here.
For example: "I want to buy a SPY 5% out-of-the-money put spread every time MACD and implied volatility contango goes negative," here's how.
Find the options meeting your criteria in real-time. Choose from pre-canned scans with default days to expiration and delta ranges. Make your custom scans and choose from hundreds of criteria.
Examples of possible scans:
Plot hundreds of options related data points historically back to 2007 from the ORATS data API. Also, define a range of an indicator to simulate buying and selling of the stock. Below is the ORATS SPY_C weighted average components' implied volatility divided by each best SPDR ETF. A healthy market with the benefits of diversification has a high ratio, and a high component IVs relative to their ETFs. In an unhealthy market these ratios go toward one.
Live updating options chain with greeks, implied volatilities and theoretical values. This is the same information that is delivered through our API.
Load your positions and see live, updating greeks, deltas and profit. Also, get exit notifications.
Backtest, scan, and analyze with the best US equity options data on your time.
Whether you’re looking for raw data or need the tools to analyze performance, we can help.