Collections / Backtest options strategies · Visualize an options payoff
ORATS alternatives
ORATS’s center of gravity is options research / backtesting / scanning software (Trading Tools) — not a flow tape, not a GEX-levels product, and not the separate Data API catalog. This page only lists live-review overlaps or clearly labeled near-neighbors. Keep / Gain / Lose — not a ranking, not a “#1,” not paid placement, and not financial advice. Prices only repeat live-review captures.
Keep ORATS when…
Keep ORATS when the job is options research / backtesting / scanning software — Trading Tools Individual at $99/mo or Professional at $199/user/mo (same platform tools; Professional billed per user; capture 2026-09-09 on orats.com/trading-tools), with Intraday Backtester, Otto AI, scanners, Trade Builder, and optional order-send to Interactive Brokers, TradeStation, or Tradier. Otto / Intraday FAQ: cancel within 24 hours of signup for an automatic full refund. Trading Tools does not include Data API (separate catalog). Live review; empty affiliate by design.
Skip ORATS if you assumed Trading Tools includes the Data API, need a free full-seat week, need a flow-tape-first product, need ORATS to be the broker, or need verified Canadian-listed coverage / named Canadian-broker integrations.
Alternatives (live reviews only)
OptionStrat, Options Matrix Pro, and Option Samurai overlap on payoff / scan surfaces. OptionsPlay is ideas / education. Option Alpha overlaps on backtest / automation. Option Omega overlaps on no-code backtest / Premium automate. Market Chameleon is analytics / IV / multi-leg screens. SpotGamma is labeled GEX / levels — different job. Unusual Whales is labeled flow-tape — different job. We do not promote stub tools or invent dollars.
OptionStratDiagram-first payoff builder — related options software, not research/backtest SaaS
- Gain: Interactive payoff-diagram builder with free delayed on-ramp, then Live Tools for live prices / builder extras and Live Flow when you want the unusual-flow feed on the same product family.
- Lose or watch out: Center of gravity is the diagram / optimizer, not ORATS’s Trading Tools research / Intraday Backtester / scanner seat. Annual dollars unverified. Canadian-listed coverage unverified.
- Verified price cue: Free (15-min delay); Live Tools $39.99/mo; Live Flow $99.99/mo. (Free · $39.99/mo · $99.99/mo)
Read the OptionStrat live review · Try OptionStrat
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Options Matrix ProLive visualizer + Matrix / scanners on higher seats — not backtest-first
- Gain: Live options strategy visualizer (payoff, expected move, probability, Greeks) from $10/mo Visualizer, with Pro / All Access adding Matrix, journals, AI, and scanners after a card-required 7-day All Access trial.
- Lose or watch out: Free Viewer is shared-trades only. Less of ORATS’s Intraday Backtester / Otto / Options Backtester research packaging. Canadian-listed coverage unverified.
- Verified price cue: Visualizer $10/mo; Pro $30/mo; All Access $50/mo (annual $100 / $300 / $500). (Visualizer $10/mo · Pro $30/mo · All Access $50/mo)
Read the Options Matrix Pro live review · Try Options Matrix Pro
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OptionsPlayIdeas / education / strategy software — not research/backtest SaaS
- Gain: Options idea, education, and strategy software (trade ideas, signals, scans, coaching) with a 14-day full-featured trial and no credit card.
- Lose or watch out: Primary job is ideas / education, not ORATS’s research / backtesting / scanning Trading Tools seat. Membership is $100/mo or $750/yr; no refunds after subscribe. Canadian-listed / Canadian-broker integrations unverified.
- Verified price cue: Monthly $100; Annual $750. (Monthly $100/mo · Annual $750/yr)
Read the OptionsPlay live review · Try OptionsPlay
This directory may earn a commission if you buy through links. There is no affiliate link on this page yet. This button goes to the official homepage.
Option AlphaEducation + automation (bots / backtest / paper) — overlapping backtest job, different packaging
- Gain: Options education and automation software — bots, backtesting, paper trading, trade ideas, optional live send through supported brokers — with a 30-day no-card trial and paid Pro or qualifying-broker $0 paths.
- Lose or watch out: Center of gravity is bots / automation, not ORATS’s scanner + Intraday Backtester + Otto research seat. Official FAQ: no active broker integrations support Canadian traders for live OA routing. Data API is not the story here either.
- Verified price cue: Pro $99/mo annual billing; Pro $149/mo monthly. (Pro $99/mo annual · Pro $149/mo monthly)
Read the Option Alpha live review · Try Option Alpha
This directory may earn a commission if you buy through links. There is no affiliate link on this page yet. This button goes to the official homepage.
Option OmegaNo-code backtest / model / Premium automate — overlapping backtest job, different packaging
- Gain: No-code options backtesting (1-min bid/ask from 2013), modeling, and Premium automation to tastytrade / Tradier / Schwab / TradeStation — Lite $24.99/mo annual through Premium $249.99/mo annual, with a 7-day free trial on every tier (homepage/pricing 2026-09-25).
- Lose or watch out: Not ORATS’s Intraday Backtester / Otto / Options Backtester / scanner research packaging. Canadian-listed coverage and Canadian live routing unverified. Not a Data API product.
- Verified price cue: Lite $24.99/mo annual → Premium $249.99/mo annual; monthly $29.99–$299.99; 7-day trial every tier. (Lite $24.99/mo annual · Essential $49.99 · Plus $74.99 · Premium $249.99)
Read the Option Omega live review · Try Option Omega
This directory may earn a commission if you buy through links. There is no affiliate link on this page yet. This button goes to the official homepage.
Market ChameleonOptions analytics / IV / earnings / multi-leg screens — related research neighbor
- Gain: Browser options-analytics seat for unusual volume, IV rankings, earnings calendars/screeners, and named multi-leg screens — with Starter free nav and Premium / Total Access at $99/mo plus a 7-day trial.
- Lose or watch out: Not ORATS’s Intraday Backtester / Otto / Options Backtester packaging, and not a live unusual-options tape. Annual plan dollars we could not find stay unverified. Canadian-listed coverage unverified.
- Verified price cue: Starter (Free) $0; Premium / Total Access $99/mo + 7-day trial. (7-day trial · $99/mo · Starter free)
Read the Market Chameleon live review · Try Market Chameleon
This directory may earn a commission if you buy through links. There is no affiliate link on this page yet. This button goes to the official homepage.
Option SamuraiStrategy scanner + P/L extras — scan-first, not full research/backtest suite
- Gain: Browser US-listed options strategy scanner with unusual-volume tracker, IV tools, P/L, and trade log — Advanced adds intraday data and scan watching after a 14-day free trial.
- Lose or watch out: Center of gravity is strategy scanning, not ORATS’s backtester-first research seat with Otto and optional order-send. Paid annually: Beginner $35/mo equiv, Advanced $50/mo equiv on our Yearly capture. Canadian-listed coverage unverified.
- Verified price cue: 14-day free trial; Beginner $35/mo annual; Advanced $50/mo annual. (14-day trial · $35/mo annual · $50/mo annual)
Read the Option Samurai live review · Try Option Samurai
This directory may earn a commission if you buy through links. There is no affiliate link on this page yet. This button goes to the official homepage.
SpotGammaGEX / levels neighbor — different primary job
- Gain: Dealer-positioning / GEX-levels research with Founder’s Note, FlowPatrol, Key Levels, Equity Hub, and Alpha extras on checkout-verified Essential / Pro / Alpha seats — useful when the adjacency you care about is positioning / levels beside research.
- Lose or watch out: Not options research / backtesting / scanning SaaS and not ORATS’s Intraday Backtester seat. Canadian-listed coverage unverified. Not a broker.
- Verified price cue: Essential $99/mo / $891 yr; Pro $129/mo / $1,161 yr; Alpha $299/mo / $2,691 yr (checkout 2026-09-16). (Essential $99/mo · Pro $129/mo · Alpha $299/mo)
Read the SpotGamma live review · Try SpotGamma
This directory may earn a commission if you buy through links. There is no affiliate link on this page yet. This button goes to the official homepage.
Unusual WhalesFlow-tape neighbor — different primary job
- Gain: Free options flow 2 trading days late, then paid Retail seats for the live full tape, alerts / dashboards, dark-pool downloads, and GEX views when the overlap is unusual prints rather than research/backtest.
- Lose or watch out: Primary job on this directory is unusual options flow, not ORATS’s Trading Tools research / backtest / scan seat. Skip if you only want scanners and backtests without a flow tape. Canadian-listed coverage unverified.
- Verified price cue: Free (options flow 2 trading days late); Retail Basic $50/mo; Retail Pro $75/mo; Retail Max $120/mo; annual $504 / $756 / $1,224. (Free · $50/mo · $75/mo · $120/mo)
Read the Unusual Whales live review · Try Unusual Whales
This directory may earn a commission if you buy through links. That does not change the verdict.
Related listings
- ORATS live review — Trading Tools vs Data API split; Vs SpotGamma / Unusual Whales / OptionStrat table
- OptionsPlay alternatives — sibling ideas / education map
- Option Alpha alternatives — sibling automation / education map
- Option Omega alternatives — sibling no-code backtest / automate map
- OptionStrat alternatives — sibling payoff map
- SpotGamma alternatives — GEX / levels neighbor map (lists ORATS)
- Backtest options strategies · Visualize an options payoff — tagged collections
Canada note
ORATS and the neighbors above leave Canadian-listed options (TSX equities, Montréal Exchange options, CDRs, and similar) unverified on our live reviews — official Trading Tools / Data API pages emphasize US equity options. Named Canadian-broker integrations are also unverified. Option Alpha’s official FAQ separately states no active broker integrations support Canadian traders for live OA routing (backtest / paper / alerts for manual trades elsewhere remain available). Confirm coverage and prices on each official site before you pay.
FAQ
Is this a ranked list of ORATS alternatives?
No. There is no “#1,” no star rating, and no paid placement order. Keep / Gain / Lose is a job-fit map against our live reviews. We only list true overlaps or labeled near-neighbors.
Does Trading Tools include the Data API?
No. Official trading-tools copy: Trading Tools does not include Data API access. Data API and historical file products are separate catalogs with their own dollars — do not conflate them into the Trading Tools seat.
Is this financial advice?
No. This site is a directory of software. Backtests, scanners, and trade ideas are research inputs, not signals to copy.
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Related: All alternatives guides · Comparisons.