About Options Analysis Suite
Options Analysis Suite is a comprehensive retail options analytics platform for learning, screening, pricing, and managing option trades. It combines options chains, Greeks, max pain, dealer exposure (GEX/DEX), implied-volatility surfaces, strategy P&L, screeners, market-regime tools, reports, mobile apps, API, SDK, and MCP access with institutional-style pricing depth most retail tools do not expose: 17 pricing models, 17 Greeks, live chain calibration, multi-model fair-value comparison, and 3D volatility surfaces. Built for traders at every level, from first-time options buyers learning fair value to advanced users comparing model divergence across markets.
What It Does
17 pricing models including Black-Scholes, Heston, Monte Carlo, SABR, Jump Diffusion, Variance Gamma, Local Volatility, PDE, Binomial, FFT, and seven exotic models (Barrier, Asian, Lookback, Digital, Compound, Chooser, Multi-Asset). All 17 Greeks (Delta through Phi) across every model. Live calibration to the implied volatility surface with arbitrage detection.
Three Modes, Three Interfaces
Serious users touch all three interfaces in a typical week. Each mode is shaped to a different question.
- GUI for thinking: the web app is for exploration. Dragging a strike across the chain, watching the Greek surface respond, flipping between models to see which one matches the market. Use it when you're trying to form an opinion or sanity-check a number.
- SDK for doing: the Python SDK is for the moment your opinion has hardened into a workflow. Calibrate Heston once, persist the parameters locally, and reuse the fit programmatically. Same engine the GUI runs against, drift-checked against the deployed OpenAPI spec, with typed responses on every endpoint.
- MCP for asking: the MCP (Model Context Protocol) server lets Claude, GPT, or any MCP-aware assistant read your account state from inside the chat: calibrations you've already run, snapshots, analysis history, sync progress. Ask "what was my last Heston fit on SPY?" and the assistant pulls the persisted parameters and rolls them into the conversation, so you can reason about them without context-switching back to the web app.
All three modes hit the same compute engine and the same market data. The Python SDK and the API are stateless per call; durability comes from artifacts the caller saves locally (e.g. calibration.save("spy_heston.json")). The web app and the MCP server back account-level state to your profile, which is why MCP recall works across sessions.
Methodology
Models implemented from published academic sources and validated via closed-form solutions, put-call parity, butterfly and calendar arbitrage checks, and Monte Carlo oracle comparisons. Implied volatility surfaces use eSSVI parameterization with Dupire Local Volatility extraction. Greek exposure (GEX, DEX, VEX, Vanna, Charm, Vomma) uses the standard dealer-hedging convention.
Data Sources
End-of-day options chains and historical analytics come from institutional-grade options market data providers and are available to all users. Real-time options data is available through BYOK (bring your own key) integrations with supported brokers and data providers; users access real-time feeds under their own data agreements. Proprietary daily options snapshots back to 2007. FINRA short data and market structure. SEC filings via EDGAR. Federal Reserve FRED macro data. Treasury auctions and bond ETFs. Economic, IPO, dividend, and split calendars. No brokerage connectivity, read-only market data only.
Data Freshness & Update Cadence
Different data types update on different cadences. Everything displayed carries a timestamp or lastmod signal; nothing is presented as "live" when it isn't.
- Authenticated real-time quotes (via BYOK): streaming over WebSocket as delivered by the user's broker.
- Public screener tables and EOD snapshots: refreshed once per trading day after the close. IV rank, open interest, GEX, put/call ratios, unusual-activity rankings.
- Historical options analytics (max pain, GEX, IV/HV, Greeks history): proprietary daily snapshots from 2007-present, one row per ticker per trading day.
- Change-based leaderboards (biggest-GEX-change, biggest-IV-change, biggest-put-call-change): day-over-day deltas from consecutive EOD snapshots.
- Fundamentals, analyst ratings, insider trades, news: refreshed daily; ratings and insider-trade feeds are typically one trading day in arrears per SEC cadence.
- FINRA data: daily short volume (T+1); bi-monthly short interest on FINRA's official release schedule; daily Reg SHO threshold list.
- Federal Reserve / Treasury / macro: FRED series on each series' native cadence (daily rates, monthly CPI/unemployment, quarterly GDP). Treasury auction and yield-curve feeds update daily.
- Earnings, IPO, dividend, split calendars: upcoming-events feeds refresh daily; actuals typically available within 24 hours of report.
Known Limitations
Every analytic rests on assumptions. Being transparent about where those assumptions start to bite is more useful than pretending they don't exist.
- Thin option chains produce noisy surfaces. IV surfaces apply quality filters (minimum OI, max bid-ask spread, DTE minimums); symbols that fail skip the surface view. For deeply illiquid single names, model prices are theoretical anchors, not executable quotes.
- GEX assumes the standard retail-long convention. We compute dealer gamma assuming retail is net long calls, net short puts, and dealers take the offsetting position. Regime shifts in retail positioning can invalidate the sign of aggregate GEX without being detected directly in the data pipeline.
- Max pain is a gravitational concept, not a forecast. Pinning is strongest on high-OI index ETFs in the final days before expiry and weaker or absent elsewhere.
- Implied probabilities are risk-neutral, not real-world. POP integrates the risk-neutral density and incorporates the risk premium; for premium-selling structures that typically overstates the realized-world probability.
- Model prices diverge in extreme regions. Black-Scholes, Heston, Jump-Diffusion, and Local Volatility agree near ATM and diverge in the wings. The pricing calculator shows all models side by side so the divergence is visible.
- Public screener data is delayed / end-of-day because OPRA licensing restricts public redistribution of real-time options data. Real-time feeds are reserved for authenticated BYOK users.
- Historical snapshots are reconstructed EOD state, not trade-by-trade replay. Backtests assuming intraday fills should account for this.
- Past performance and model outputs are not guarantees. See the Limitations & Disclaimers documentation section.
Pricing
Free tier includes Black-Scholes, all 17 Greeks, live market data, and options chain analytics. Professional unlocks the full 17-model suite, AI-assisted analysis, portfolio risk, and strategy backtesting. API tier exposes everything programmatically.
How OAS Compares
Side-by-side comparisons against the most-asked-about options analytics platforms. Each page covers feature coverage, methodology differences, pricing, and the cases where the other tool is the better fit.
- OAS vs SpotGamma: Read the comparison. Intraday dealer-flow cadence and a larger equity and ETF universe on their side; the multi-model pricing layer and coverage extending to crypto and forex on ours.
- OAS vs MenthorQ: Read the comparison. Derived price levels and flow signals across 1,400+ assets on their side; the calibrated pricing layer those levels are built from on ours.
- OAS vs Market Chameleon: Read the comparison. A deep earnings-move database and per-ticker IV and sentiment pages on their side; chain-wide analytics with full Greek depth and multi-model pricing on ours. Both expose a REST API; theirs is contact-sales rather than self-serve.
- OAS vs OptionStrat: Read the comparison. A strategy builder with viral payoff diagrams and a chain-page browser extension vs a 45+ strategy builder backed by calibrated multi-model pricing and dealer-flow context.
- OAS vs ORATS: Read the comparison. Both companies sell institutional data and an application on top of it. SMV-smoothed IV surfaces and the Trading Tools app on their side; multi-model pricing, model divergence and dealer-flow analytics on ours.
- OAS vs Tradytics: Read the comparison. Flow-scanner with dark-pool data vs chain-wide breadth metrics combined with calibrated pricing models.
- OAS vs Unusual Whales: Read the comparison. Retail-flow and political-trade tracking vs options-market-structure analytics with full Greek depth.
- OAS vs Blackbox Stocks: Read the comparison. Real-time equity and options alerts, dark-pool scanning, and an active trading community on their side; options-market-structure depth reached through a Python SDK and an MCP server on ours.