Free web calculator that charts the P&L of single and multi-leg option strategies.
Best OptionStrat alternatives in 2026
OptionStrat is options profit calculator, strategy optimizer and unusual options flow analyzer built on OPRA data. It starts at From $39.99/mo. If you want something cheaper, free, or better suited to how you trade, here are 12 alternatives we track.
| Tool | Starting price | Free tier | Best for |
|---|---|---|---|
| OptionStrat (reference) | From $39.99/mo | Yes | Visualizing multi-leg trades and comparing strategies before entering |
| Options Profit Calculator | From $9.95/mo | Yes | Quick, free P&L checks on any strategy |
| OptionsPlay | From $62.50/mo | No | Investors who want guided trade ideas and coaching |
| BlackBoxStocks | From $59/mo | ? | Traders who want flow plus a live community and trading rooms |
| Cheddar Flow | From $75/mo | No | Retail flow traders who want a clean UI and dark pool data |
| FlowAlgo | From $99/mo | No | Day traders who want fast flow alerts with voice |
| InsiderFinance | From $55/mo | Yes | Traders who want flow on a budget with a free tier to try |
| Option Omega | From $24.99/mo | No | 0DTE and SPX traders who want to backtest then automate the same rules |
| OptionCharts | From $20/mo | Yes | Visual traders who want clean OI, max pain and GEX charts |
| OptionNet Explorer | GBP 535/yr | No | Manual backtesting of complex spreads on intraday data |
| OptionVisualizer | From $39/mo | Yes | Screening for unusual activity, IV spikes and covered calls on a budget |
| Optvana | From $20/mo | Yes | Premium sellers who want probability-ranked scans and backtests together |
| Quant Data | From $62.50/mo | No | Traders who want licensed real-time flow plus exposure heat maps |
Options strategy platform with trade ideas, position alerts, coaching and education.
Alerts, options flow, dark pool data and live trading community.
Modern options order flow platform with dark pool data, gamma exposure and AI alerts.
Real-time options order flow, unusual activity and dark pool alerts.
Options flow dashboard with all-inclusive access plus free options flow and calculator.
No-code options backtester on 1-minute data since 2013, with automation at tastytrade, Tradier, Schwab and TradeStation.
Option charts and visuals: open interest, volume, max pain, expected move, IV skew, GEX and DEX.
Desktop options analysis and backtesting software with intraday historical data and broker connectivity.
Options screener with 115 filters scanning 2M+ contracts, plus strategy builder, Monte Carlo and journal.
Options-selling platform: scan engine, income engine, strategy builder, backtests and broker-synced positions.
Exchange-licensed options order flow, dealer exposure, dark pool prints and live news.