OptionStrat Review: Your 2024 Handbook for Smart Trading
Are you looking for a tool to excel in the world of options trading? Meet OptionStrat, an options analysis platform with over 50 pre-built trading strategies. In this OptionStrat review, we’ll explore its features, client reviews, and what makes it stand out. Stay tuned for more!
Company type | Trading Tool |
Legal name | OptionStrat, LLC |
Regulation | No regulation expected |
Registered in | USA |
Established | 2020 |
Website | optionstrat.com |
Financial Authorities Warnings | None found |
Contacts | [email protected], [email protected] |
If withdrawal is possible | Yes |
Fees | From $19.99 |
If Active on Social Media: | Yes, X, Discord, YouTube, and Instagram |
Investor Protection: | No |
Activity areas | United States, Canada, Germany, Spain, Italy |
Main threats | No Trustpilot ratings |
Main perks | 7-day free trial for the Live Tools or Live Flow plan |
About OptionStrat
OptionStrat is an options analysis platform invented for traders of all levels. This interesting platform has 50+ trading strategies and a ton of customizable options.
It’s clear that it provides a solid foundation for analyzing potential profits and losses. From visualizing data to tracking options and order flow, this platform is for everyone!
This tool tends to suit beginners, experienced traders, and advanced users. What’s more, the platform is user-friendly, requiring no login for usability. Let’s now dig deeper into both its strengths and areas for improvement.
OptionStrat Price Levels
When it comes to pricing, this tool offers a free tier for building and optimizing options strategies, with a 15-minute data delay. The Live Tools plan at $19.99 per month provides real-time data, profit estimates, and access to OptionStrat’s private Discord channel. For $59.99 per month, the Live Flow plan unlocks all the other options flow alerts, and additional features.
Newbies can benefit from a 7-day free trial for either the Live Tools or Live Flow plan. This is great for a hands-on experience!
Tip: OptionStrat options calculator is a great feature as it can calculate our existing P&L using delayed pricing data.
Exploring OptionStrat Features
Are you ready to hop into all the features here? If so, let’s get into it!
Options Trading Strategies
As we mentioned before, this company offers 50+ built-in options trading strategies, from basic to advanced.
So you can be into backspreads, covered straddles, or synthetic futures. No matter your preference, the platform has you covered! Users can also create custom strategies using the built-in trade optimizer.
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Options Analysis
The OptionStrat analysis and visualization tools are user-friendly, by all means!
The options profit calculator provides a color-coded table showing potential profit or loss. Also, there are traditional profit and loss charts that offer a sweeping view. Now, the indication of call and put volumes at each strike price boosts strategy assessment.
Options Flow
This smart trading tool tracks options and order flow in real-time. Its job is to alert users to large and unusual trades.
Now, we can see that Live Option Flow plan subscribers enjoy immediate data access. On the other hand, Free and Live Option Tools users experience a 15-minute delay.
By filtering options flow based on specific criteria, you get more granularity. This is quite beneficial!
Simulated Trading
OptionStrat’s simulated trading feature allows users to save trades without execution. We could say that it acts as a built-in demo account. Why is this one so special?
You can use this feature to sharpen your options trading skills and test strategies.
Market News
OptionStrat app includes a basic market news feed with insights and events that may impact options flow.
This one won’t replace TradeTheNews or Benzinga Pro, which are dedicated news services. But, it’s a great way to stay updated about market events that may affect unusual options flows.
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Trustpilot Insights – No User Ratings Here
Now, what about the OptionStrat reviews from other people? This tool, despite having some handy features, is missing user ratings on Trustpilot. While that doesn’t necessarily mean it’s not good, hearing from other traders is usually a plus.
In the world of stock screeners, knowing what other traders think matters. So, keep in mind that it’s a good idea to pick trading firms with a Trustpilot rating of 4.5 stars or more. Remember that when it comes to crypto and forex, reliability is key!
Your Must-Haves for Trading in 2024
We know that choosing a reliable trading tool in 2024 is a big deal. Let’s break it down in simple terms to help you find the perfect platform:
- User-Friendly Vibes: Look for a platform that’s beginner-friendly, with a nice and simple interface.
- Learn Your Way: Find a platform that gives you different learning options. Think of webinars, quizzes, and the whole toolkit. It’s all about finding what clicks for you.
- Research is Key: You want a platform with solid research tools. The more insights, the better your decisions.
- Safety First: No compromise on safety. Check for platforms that lock it down with encryption and two-factor authentication.
- Support Squad: A good platform means having a support crew that’s on the ball. Look for helpful and knowledgeable people to have your back.
- Pro Tools: If you’re a seasoned trader, go for platforms with superb charts and a mix of order types. It’s all about smart trading.
- AI Magic: Some platforms are dipping into the magic of artificial intelligence. See how AI can amp up your trading game in 2024.
We hope this helps you find your trading haven!
Making Money Trading – It’s Possible!
Ever thought about making money through trading? Well, it’s not as hard as it may seem. We’re here to lend a hand with some free consultations. Reach out today, and let’s talk about the best trading platforms!
And guess what? We’ve got something new for you – our AI Analysis Tool! It predicts price changes by looking at past prices, market news, and other data. Ready to explore the future of trading? Test it out!
Final Thoughts
As you can see, OptionStrat has a bunch of cool features for different types of traders. From smart strategies to tracking real-time options flow, it’s got the goods.
But remember, when choosing a trading platform, you want to find the best possible offer. Take your time, explore the options, and find what suits you best. And hey, don’t forget about our AI Analysis Tool – it might just be what you need for a fresh take on trading.
FAQ
What is OptionStrat?
OptionStrat is an options analysis platform that has intuitive tools.
How Does OptionStrat Work?
It analyzes options and offers insights through user-friendly features.
How Much Does OptionStrat Cost?
OptionStrat's cost varies, starting from $19.99/month.