Option Omega

Verdict

Official optionomega.com — Backtest it. Automate it. product framing (captured 2026-09-25).

Option Omega is browser software for no-code options backtesting, modeling (payoff / Greeks), and — on Premium — cloud automation that connects to your brokerage. Official pages at optionomega.com and optionomega.com/pricing describe four tiers (Lite → Essential → Plus → Premium), real 1-minute market bid/ask data from January 2013, up to 8 legs on backtests and 4 legs on automations, and broker connects to tastytrade, Tradier, Schwab (thinkorswim), and TradeStation. Option Omega is not a broker, not a custody account, and not a source of investment advice.

Authoritative dollars (homepage embedded pricing JSON + pricing, captured 2026-09-25). Cards emphasize annual-billed monthly equivalents:

Plan	Job	Annual billing	Monthly billing
Lite	Modeling	$24.99/mo	$29.99/mo
Essential	Backtesting	$49.99/mo	$99.99/mo
Plus	Backtesting + Modeling	$74.99/mo	$129.99/mo
Premium	Trading + Backtesting + Modeling	$249.99/mo	$299.99/mo

Trial. Homepage FAQ + pricing FAQ: 7-day free trial on every tier. Click 7-day Free Trial, not Choose Subscription. Trial limits: historical data = previous three calendar years; Optimizer limited. Note: older docs.optionomega.com/support/subscription-tiers prose still says trials are available on all tiers except Premium, while free-trial and homepage/pricing say every tier including Premium — cite homepage/pricing as authoritative; confirm at checkout.

This is a directory listing of analysis / automation software, not a brokerage comparison, not a signal service, and not financial advice. Backtests are reports on the past, not forecasts. Automation executes rules you define — not profit guarantees. Do not treat this page as a how-to for placing trades.

We are not saying Option Omega is the best options backtester, the best automation tool, or the best purchase. We do not invent star ratings. We are not saying backtests or bots will make a strategy profitable.

Best for

• Backtest options without writing code. Vendor: real market bid/ask at 1-minute resolution from January 2013; up to 8 legs; portfolios; optimizations (Essential/Plus: 10/day × 50 tests; Premium: 250/day × 500 tests).
• Visualize an options payoff / Greeks on Lite, Plus, or Premium. Live payoff diagrams and full Greeks; drag strikes and expirations (vendor modeling story).
• 0DTE-style stop resolution in backtests. Vendor claims per-second stop checks on SPX and SPY 0DTE trades since 2013 — a product claim, not a profit claim.
• Premium when you want backtest → automate on the same engine. Connect tastytrade / Tradier / Schwab / TradeStation; vendor: up to 100 opening automation executions per day; automations up to 4 legs.
• A 7-day trial on the tier you care about before you pay annual or monthly — confirm Premium trial availability at checkout given the docs prose conflict noted above.

That is a fit for traders who want backtest / model / optional automate software as an input. It is not a claim that any plan improves results.

Skip if

• You want Option Omega to be the broker. It is not. Named connects are software integrations for order-send, not custody or a Canadian-broker comparison.
• You assumed backtests or automation guarantee profits. They do not. Backtests are reports on the past. Automation executes rules — not financial advice.
• You need more than 4 legs on live automation. Vendor: backtests up to 8 legs; automations up to 4.
• You need verified Canadian-listed coverage or Canadian live routing. Both remain unverified — see Canada note. Named brokers are US-style (tastytrade / Tradier / Schwab / TradeStation).
• Your primary job is education/bots SaaS, research/scan SaaS, or a payoff visualizer-first builder. Neighbors: Option Alpha, ORATS, OptionStrat. Different jobs — not a ranking.
• You trusted a third-party “50% off first year” affiliate promo as the standing ladder. Reject those stickers. Publish only the official annual vs monthly rates above.

What you get

Official optionomega.com/pricing — Lite / Essential / Plus / Premium cards (captured 2026-09-25).

Source of truth for dollars: homepage embedded pricing JSON + optionomega.com/pricing — captured 2026-09-25.

Plan	Subtitle	Annual billing	Monthly billing	Pricing URL
Lite	Modeling	$24.99/mo	$29.99/mo	pricing
Essential	Backtesting	$49.99/mo	$99.99/mo	pricing
Plus	Backtesting + Modeling	$74.99/mo	$129.99/mo	pricing
Premium	Trading + Backtesting + Modeling	$249.99/mo	$299.99/mo	pricing

Also on official homepage / pricing / docs (feature claims — dollars only from the table):

• Lite. Instantly visualize any strategy with live payoff diagrams and full Greeks; drag strikes and expirations; cancel anytime.
• Essential. Backtest liquid symbols (vendor examples: SPX, SPY, QQQ, IWM, AAPL, MSFT, AMZN, NVDA, TSLA, TLT, GLD, IBIT); unlimited tests; portfolios; 10 optimizations/day (50 tests each).
• Plus. All Lite + all Essential features (same Essential optimizer caps on the homepage card).
• Premium. All Plus; 250 optimizations/day (500 tests each); trade liquid symbols (vendor list adds XSP); 100 opening automation executions/day; broker connect.
• Trial. 7-day free trial on every tier per homepage/pricing FAQ — click Free Trial, not Choose Subscription; data window = previous 3 calendar years; Optimizer limited.
• Billing. Monthly or annual; no long-term contract; upgrade/downgrade/proration from Settings → Billing (vendor FAQ). Premium downgrade: remove broker connections, pause new trades, close positions first.
• Not a broker; no install / no VPS. Modeling and backtesting run in the browser; automation runs on vendor cloud infrastructure.

Prices change. Confirm the total before you pay. This directory does not sell Option Omega and has no affiliate URL (affiliate_url is empty — no official /affiliates page found). The CTA goes to the official site: optionomega.com. We may earn a commission later if a tracked link is added; none is wired today.

How it works

Official homepage — Backtest → Optimize → Automate stages (captured 2026-09-25).

1. Model (Lite / Plus / Premium). Build a structure and read live payoff / Greeks before you test.
2. Backtest (Essential / Plus / Premium). Template or from-scratch rules against 1-minute bid/ask history from 2013; up to 8 legs; optional portfolios.
3. Optimize (Essential · Premium path on homepage). Sweep strikes, entries, and exits in batches (50/run on Essential/Plus; 500/run on Premium).
4. Automate (Premium). One click creates an automation from a backtest of up to 4 legs; connect tastytrade / Tradier / Schwab / TradeStation; set allocation; cloud handles entries/exits (vendor story).
5. Optional trial. Start a 7-day Free Trial on the tier you will actually use — confirm Premium trial button at checkout.

Backtest-to-automate vs education bots vs research scans

Option Omega centers a shared backtest/automation engine. Option Alpha centers education / bots / paper. ORATS centers research / scan / Intraday Backtester tooling. That is a product-shape contrast, not a ranking.

Watch-outs

Official pricing FAQ — trials, tiers, monthly vs annual (captured 2026-09-25).

• Not a broker. Automation sends rules to a connected brokerage. Confirm fills with your broker. Do not treat backtests as forecasts.
• Trial docs conflict on Premium. Homepage/pricing + free-trial.md: every tier. Older subscription-tiers prose: “except Premium.” Comparison table on that same docs page still shows trial ✅ on Premium. Confirm the Free Trial button at checkout.
• Trial data is truncated. Previous three calendar years only; Optimizer limited — not a full 2013→present seat.
• Leg limits differ. Backtest up to 8 legs; automation up to 4.
• Annual ≠ invented first-year coupon. Official save is annual vs monthly list rates (homepage “Save up to 50%”). Reject third-party affiliate “50% off first year” stickers as standing prices.
• Canada / Canadian-listed / Canadian live routing unverified. Named brokers are US-style. See Canada note.
• No official affiliate program page found. affiliate_url stays empty — do not invent partner links.

Pros and cons

Official docs — Subscription Tiers comparison (captured 2026-09-25).

Sourced from official homepage, pricing, and docs. We do not invent affiliate payouts or third-party promo dollars.

Pros

• Clear four-tier ladder with published annual and monthly rates from $24.99/mo (Lite annual) to $299.99/mo (Premium monthly).
• No-code backtester on claimed 1-minute bid/ask data from 2013; modeling and Premium automation on one vendor stack.
• Named broker connects on Premium: tastytrade, Tradier, Schwab (thinkorswim), TradeStation.
• 7-day free trial path on every tier per homepage/pricing (confirm Premium at checkout).
• Cancel anytime; switch tiers with proration (vendor FAQ).

Cons

• Not a broker; backtests and automation do not guarantee profits.
• Premium is a large step up ($249.99/mo annual / $299.99/mo monthly) vs Plus.
• Automation capped at 4 legs; trial history capped at 3 calendar years.
• Docs prose still conflicts on whether Premium trials exist — confirm at checkout.
• Canadian-listed coverage and Canadian live routing unverified.
• No FTT affiliate URL — CTAs go to the official site.

For a Keep / Gain / Lose job-fit map of neighboring options backtest / automation listings (not a ranking), see Option Omega alternatives.

How it compares

Official pricing ladder on optionomega.com (not a competitor-site shot; captured 2026-09-25).

Neighbors on this directory for related options jobs include Option Alpha, ORATS, and OptionStrat. This is not a ranking. These are neighboring listings. We do not invent star ratings. We do not claim Option Omega is better. SEO cue: option omega vs option alpha is a fit comparison of two software seats — not a broker shootout.

	Option Omega	Option Alpha	ORATS	OptionStrat
Status on this directory	Live review	Live review	Live review	Live review
Job	No-code backtest / model / Premium automate	Options education / automation (bots, paper, optional live send)	Options research / backtest / scan (+ optional order-send)	Strategy visualizer / builder (+ optimizer / flow extras)
What official pages describe	1-min data from 2013; 8-leg backtest / 4-leg automation; tastytrade / Tradier / Schwab / TradeStation	Pro seat; qualifying-broker $0 paths; trial / paper	Trading Tools suite, Otto, Intraday Backtester, scanners; separate Data API	Strategy builder / optimizer; Live Tools / Live Flow
Price captured here	Lite $24.99/mo annual → Premium $249.99/mo annual; monthly $29.99–$299.99 (2026-09-25)	Pro $99/mo annual / $149/mo monthly (2026-09-09); $0 via qualifying brokers	Trading Tools Individual $99/mo / Professional $199/user/mo (2026-09-09)	Free (15-min delay) / Live Tools $39.99/mo / Live Flow $99.99/mo (2026-09-18)
Canada	Canadian-listed / live routing unverified; US-style broker names	Official FAQ: no active broker integrations for Canadian traders; backtest / paper / alerts OK	Canadian-listed coverage unverified	Canadian-listed coverage unverified

Option Omega is backtest-to-automate software first. Option Alpha is education / bots software first. ORATS is research / scan software first. OptionStrat is a visualizer / builder first. None of those rows is a recommendation to switch, and none is a claim that Option Omega wins the job.

Verified features

Sourced from live optionomega.com (embedded pricing JSON), optionomega.com/pricing, docs.optionomega.com/support/subscription-tiers, and docs.optionomega.com/welcome/free-trial (2026-09-25). We do not list features we could not attribute to those pages.

Pricing (authoritative for offers[])

• Lite $24.99/mo annual / $29.99 monthly.
• Essential $49.99/mo annual / $99.99 monthly.
• Plus $74.99/mo annual / $129.99 monthly.
• Premium $249.99/mo annual / $299.99 monthly.

Product (publicly described)

• No-code modeling (payoff / Greeks) on Lite / Plus / Premium.
• Backtester: 1-minute bid/ask from January 2013; up to 8 legs; portfolios; liquid-symbol lists on Essential / Premium cards.
• Optimizer caps: Essential/Plus 10/day × 50 tests; Premium 250/day × 500 tests.
• Premium automation: up to 4 legs; up to 100 opening executions/day; brokers tastytrade, Tradier, Schwab (thinkorswim), TradeStation.
• 0DTE stop claim: per-second checks on SPX / SPY 0DTE since 2013 (vendor homepage).
• Browser modeling/backtesting; cloud automation; Discord / Academy / YouTube learning surfaces named on homepage FAQ.

Trial / billing

• Homepage/pricing: 7-day free trial on every tier; trial data = previous 3 calendar years; Optimizer limited; click Free Trial not Choose Subscription.
• Cancel anytime; switch monthly/annual/tiers with proration (vendor FAQ).

Still UNVERIFIED (kept visible)

1. Canadian-listed equities / TSX / Montréal Exchange options / CDR coverage as a data product.
2. Canadian live routing through tastytrade / Tradier / Schwab / TradeStation accounts held by Canadian residents — and any named Canadian-broker integrations.
3. Whether Premium Free Trial always appears at Stripe/checkout for every visitor (docs prose conflict).
4. Exact Stripe line-item totals beyond published marketing dollars.
5. Full liquid-symbol roster beyond homepage examples.
6. Any official public /affiliates program — not found; affiliate_url stays empty.
7. Third-party “50% off first year” affiliate promo dollars as standing prices — rejected.

Canada note

This directory is written with readers in Canada as well as the United States.

Canadian-listed coverage unverified. Official pages we reviewed emphasize US-style liquid underlyings (SPX, SPY, QQQ, and similar). We did not find an official statement that Canadian-listed options (TSX equities, Montréal Exchange options, CDRs, and similar) are supported. Canadian-listed coverage is unverified.

Canadian live routing unverified. Named automation brokers are tastytrade, Tradier, Schwab (thinkorswim), and TradeStation — US-style connects. We found no official Option Omega page that lists Canadian brokers (Questrade, Wealthsimple, TD Direct Investing, Interactive Brokers Canada, and similar) as integrated execution partners. Whether a Canadian resident can use live Premium routing through the named US-style brokers is unverified — confirm with Option Omega and the broker.

Many people use backtesting / modeling software in one tab and a broker in another — that is two separate products, not a verified Canadian live-routing integration.

Currency (CAD vs USD), registered-account constraints (TFSA, RRSP), and Canadian tax treatment of options are outside this review.

Sources

Prefer these official URLs (capture 2026-09-25):

• optionomega.com — product story; embedded pricing JSON (Lite/Essential/Plus/Premium annual + monthly); 7-day trial FAQ on every tier; broker names; 1-min / 2013 / 8-leg / 4-leg / 0DTE stop claims
• optionomega.com/pricing — tier cards and pricing FAQ (trial, monthly vs annual, cancel, what is Option Omega)
• docs.optionomega.com/welcome/free-trial — trial on Lite / Essential / Plus / Premium; 3-calendar-year data window; Optimizer limits
• docs.optionomega.com/support/subscription-tiers — tier comparison table; note older “except Premium” prose vs table/homepage (confirm at checkout)

Confirm pricing on the official site. There is no affiliate link on this page. This button goes to the official homepage: optionomega.com.

Disclosure

This page is a directory review of publicly priced software, not financial advice, not a broker recommendation, and not a claim that backtests, modeling, automation, or any plan will be profitable. Option Omega is software, not a broker. Backtests are reports on the past. Automation executes rules — not profit guarantees. We have no affiliate URL on this listing (affiliate_url is empty); outbound CTAs use the official site. Prices and trial rules change — confirm on optionomega.com/pricing before you pay or connect an account.