We only use essential cookies and local storage required for authentication, preferences, and core functionality. We do not use analytics, advertising, or third-party tracking technologies. Privacy · Terms
Markets · Options

Professional options analytics. Every tool on one page.

Full options chain, complete Greeks, IV surface, flow analysis, and AI-scored signals. Screen up to 10 tickers a run with the Options Screener, or dive deep into a single ticker across the 8 tabs of the Options desk. Bjerksund–Stensland 1993 American pricing, a Newton-Raphson IV solver with a bracketing fallback, Kelly + EV strategy ranking. The tape and the unusual-activity scanner both poll — nothing here is a stream, and both start only when you ask them to.

Options Desk

Full options intelligence.

Eight sub-tabs over one symbol — overview, chain, flow, live tape, Greeks & IV, strategies, signals and return simulation — with AI explaining why each signal matters for your specific trade.

PhD-grade options analytics with explainable signals — Whale Hunter, Gamma Squeeze, Theta Decay — and every signal includes the math behind it. Bjerksund–Stensland American pricing, Newton-Raphson IV reconstruction with a bracketing fallback, dollar-gamma per strike, max pain, and an IV surface binned into seven moneyness buckets. Nothing here streams: the chain refreshes every 5 minutes, and the desk's Live Tape and strategy ranker are set out in full below.

  • Options chain with bid/ask spreads, refreshed every 5 minutes
  • Complete Greeks — Delta, Gamma, Theta, Vega, Rho
  • IV surface: 7 moneyness buckets across up to 5 expirations, 5–365 DTE, with IV Rank & IV Percentile
  • Max Pain and Gamma Exposure (GEX), with dollar-gamma per strike
  • AI-scored put/call signals with reasoning, read against Greeks, IV percentile, max pain, GEX and unusual flow
  • Return simulator for price scenarios
  • Expiration-aware auto-selection by trading style
  • American contracts priced by the Bjerksund–Stensland 1993 approximation
  • Implied volatility from a Newton-Raphson solver, with a bracketing fallback
  • Watch alerts for unusual flow, max pain, IV rank, P/C ratio
Options
Options Chain
Options Chain
CALLS
Strike
PUTS
15.20
$250
1.80
11.30
$255
3.10
7.80
$260
5.40
4.90
$265
8.50
2.60
$270
12.10
Greeks
Δ
+0.55
Γ
+0.042
Θ
-0.18
Ν
+0.31
IV Surface
IV Surface
OTM PutATMOTM Call
AI Signals
92
Bull Call Spread260/270 | $3.20
85
Iron Condor250/255/265/270 | $4.10
78
Put Credit Spread250/255 | $1.30
71
Protective Put255 | $3.25
Max Pain
Max Pain$260
250
255
260
265
270
P/C Ratio
P/C Ratio0.72
Puts 42%Calls 58%
Greeks + IV + Signals|Chain · 5-min refresh
1/4
New · Options Order Flow

Can Versatum show you what the options tape is actually doing?

Two new surfaces read OPRA order flow end to end. The Live Options Tape classifies individual prints — aggressor side, sweeps, blocks, opening risk. Unusual Options Activity ranks the session's outsized bets and then confirms each one against real prints. Both show their work: a row on these boards carries the evidence behind it, not just a verdict.

Live Options Tape

Every print, classified.

The options tape, classified print by print — who crossed the spread, whether the order swept multiple venues, and whether it opened new risk — resolved on a five-second poll that you start, for one symbol and one expiration at a time.

You press Start and prints are pulled on a five-second poll — no feed, no promises we cannot license, and it never runs behind your back — 100 contracts a tick by default, 300 at the ceiling, one symbol and one expiration at a time. 33 OPRA trade conditions drive the classifier. The aggressor rule pairs each print against the book and then falls back to the tick rule, and the quote age behind every call is shown rather than hidden — so a low-confidence label reads as one.

Legs of the same order inside a 500 ms window, across two or more exchanges, group into a single sweep, and multi-leg spread prints are excluded from the directional read instead of quietly inflating it. Blocks are flagged at 100+ contracts or $50,000+, opening interest is read in three states, and session net premium is plotted in 10-second buckets. Urgency and direction stay separate measurements, because put buying is buy-side and bearish at the same time.

33 OPRA trade conditions
Quote + tick aggressor rule
500 ms sweep grouping
Three-state opening interest
Options Tape
Print Classification
Print Tape · OPRA conditions
TimeContractSideSizePremiumCondition
10:14:22.418NVDA 08/15 C185
BUY
412$282K
SWEEPOPENING
10:14:22.104SPY 08/08 P630
SELL
1,240$471K
BLOCKOI n/a
10:14:21.876TSLA 08/15 C340
BUY
86$61K
ISOOPENING
10:14:21.502AAPL 09/19 C240
MID
500$210K
MULTI-LEG—
10:14:20.933META 08/15 P710
BUY
264$188K
SWEEPOPENING
10:14:20.417AMD 08/08 C178
SELL
140$34K
AUTOOI n/a
10:14:19.988MSFT 08/15 C520
BUY
320$96K
CROSSOPENING
Pressure vs Direction
Aggressor pressure+$4.82M
who crossed the spreadbuy-side
Directional lean-$1.94M
calls vs puts, bought vs soldbearish
Put buying is buy-side and bearish, so urgency and direction are two separate numbers — never one inferred from the other.
Sweep Grouping
NVDA 08/15 C1855 venues in 418 ms
$282K412 lots
CBOE
1226.80
PHLX
986.85
ISE
1046.85
MIAX
606.90
BOX
286.90
Legs inside a 500 ms window on one contract are grouped into one sweep — counted once.
Opening Interest
NVDA 185C
3.4×OPENING
META 710P
2.1×OPENING
SPY 630P
—OI n/a
AAPL 240C
0.4×—
proven openingnot provenOI unknown
Three states, not two. “Not proven” never renders as “closing”, and a missing open interest reads OI n/a instead of being coerced to zero.
Quote age on every print| Session accumulators
1/4
Unusual Options Activity

Outsized bets, with the receipts.

A ranked board of the session's outsized options bets — scored, confirmed against real prints, and captioned with the exact scope it was drawn from, with the evidence behind every score on the same row.

Unusual Activity is not a market-wide scan, and we will not pretend otherwise. It works over 24 underlyings by default (12, 24 or 48 by preset, 48 at the ceiling), drawn from a curated liquid list intersected with your own watchlist — never the whole market. It is a two-stage funnel inside the Options Screener: a wide, banded chain slice flags candidates — 250+ contracts of day volume, $50,000+ premium, strikes within 10% of spot, 120 DTE or less — and a narrow pass confirms the top 100 against prints from the trailing 15 minutes, reusing the tape's classifier unchanged. Each confirm cycle re-reads its window from scratch — no cursor, so nothing can be double-counted and a late report self-corrects.

Auto-refresh ships off. Turn it on and that becomes a three-minute detect and a thirty-second confirm. Eight weighted signals score each name: a signal we could not measure leaves the denominator instead of scoring zero, and every score ships the share of it that was actually measured. Unknown open interest reads OI n/a instead of infinity, and a contract whose last print predates the session is skipped rather than captioned "today". Filter by direction, sweeps, blocks, or opening flow, hand the board to Copilot, or export all 38 columns to CSV.

24 underlyings · 48 max
Volume · premium · V/OI gates
15 min print confirmation
Coverage on every score
Stale sessions skipped, not zeroed
Unusual Activity
Ranked Board
Ranked Board · score + coverage
UnderlyingContractScoreCoverageDay volumeV/OIPremium
1NVDA
08/15 C185SWEEP
91
100%
12,4803.4×$8.6M
2META
08/15 P710BLOCK
84
100%
4,2642.1×$4.1M
3SPY
08/08 P630OI n/a
78
55%
31,020n/a$12.4M
4TSLA
08/22 C340SWEEP
71
100%
2,9101.4×$2.2M
5AMD
08/15 C178stage A
64
55%
1,8420.9×$1.1M
6AAPL
09/19 C240MULTI
58
100%
1,4600.7×$0.9M
Scan Rule & Gates
44 of 48 underlyings readmode DTE band ≤ 120d · strikes ±10% of spot
contracts scanned4,206
day volume ≥ 250918
day premium ≥ $50K214
V/OI ≥ 0.5 — when OI known137
The whole boundary is printed on screen. “Nothing unusual” means nothing crossed these thresholds in these names — never a claim about the market.
Print Confirmation
top 100 by scoreranked from stage A
quotes/latestNBBO for the aggressor rule
options/tradestrailing 15 min of prints
15 min trailing window · re-read every cycle
1,284prints in window
-$1.94Mnet directional
30 sconfirm cadence
No cursor. Each cycle re-reads the same window from scratch, so a late report self-corrects and nothing can be counted twice.
Evidence Coverage
Score weightA 0.55 · B 0.45
stage A — chain aggregatesstage B — real prints
volume / OI
0.22
premium
0.18
moneyness
0.09
DTE
0.06
sweep
0.16
conviction
0.12
opening
0.09
block
0.08
An unmeasured signal leaves the denominator — it is never scored zero. Two scores only compare at comparable coverage, so coverage ships with every row.
Stale sessions skipped, not zeroed|Session date on every board
1/4
Options Order Flow

How the flow tools behave.

The same three rules hold on the Live Options Tape and on Unusual Options Activity.

Three states, not two

A print that cannot be proven to open new risk is marked “not proven” — never “closing”. A contract with no published open interest reads OI n/a instead of being coerced to zero, which would stamp a fabricated badge on every row.

Coverage travels with the score

A signal we could not measure leaves the denominator; it is never scored zero. Every row, every CSV export, and every Copilot answer carries the share of the score that was actually measured, so two scores only ever compare at comparable coverage.

The boundary is printed on screen

The scanner names its own universe, strike band, DTE band, thresholds, and session date in plain language. “Nothing unusual” means nothing crossed those thresholds in those names — never a claim about the whole market.

Options Strategies

AI-recommended strategies for your mode.

An options ranker builds 20 candidate constructions across 19 distinct strategy types and scores every one for your trading mode with Kelly + EV scoring. Day-traders see 0–7 DTE debit spreads and gamma plays. Swing-traders see balanced 14–45 DTE setups with technical confluence. Long-term traders see LEAPS, covered calls, and theta-harvesters.

Every strategy includes a payoff-at-expiry chart, full Greeks, probability of profit, breakeven levels, and a per-strategy AI rationale that explains why this fits the current IV regime, sentiment, and your horizon. American-style contracts are priced with the Bjerksund–Stensland 1993 approximation, not a European model borrowed for the job — so early exercise is in the model rather than assumed away. When a structure is ready, route it through live trading.

  • 20 constructions across 19 distinct types — long calls/puts, bull/bear spreads, straddles, iron condors, butterflies, jade lizards, ZEBRAs, and more
  • Kelly + EV scoring ranks every construction and picks the best structure for the regime
  • Mode-aware: day (0–7 DTE), swing (14–45 DTE), long-term (90–730 DTE / LEAPS)
  • Strategy Scanner: 12 strategy types across 5 expiration timeframes
  • Per-strategy AI rationale: IV regime, breakeven, manage rules
  • Payoff at expiry chart with breakevens and current price marker
  • Full Greeks per strategy: delta, gamma, theta, vega
  • Probability of profit, max risk, max reward, risk/reward ratio
  • Live trading: single-leg plus 11 spread presets, up to 8 legs, via SnapTrade
Options Strategy Recommender
Day Trade
0-7 DTE · Weeklies
Greeks Priority
GammaDeltaVegaTheta
Score Weights
EV
PoP
IV
R/R
Liq
Γ
Stop 50% · Target 75% · Max 5%
SwingActive
14-45 DTE · Monthlies
Greeks Priority
DeltaVegaThetaGamma
Score Weights
EV
PoP
IV
R/R
Liq
Γ
Θ
Stop 35% · Target 40% · Max 15%
Long-Term
60+ DTE / LEAPS · LEAPS
Greeks Priority
ThetaDeltaVegaGamma
Score Weights
EV
PoP
IV
R/R
Liq
Θ
Stop 30% · Target 50% · Max 25%
20 strategies · 4 trading modes|Greeks · PoP · Payoff · AI rationale
1/4
Options Screener

Multi-stock options command center.

Six sub-tabs over up to ten tickers a run. Compare strategies ticker by ticker, track open interest, read the earnings window, and surface unusual activity — then have the AI Brief summarise what you just screened.

A multi-stock options screener with portfolio Greeks, cross-ticker strategies, and risk aggregation, where every signal includes the math behind it. Its Unusual Options Activity tab is a two-stage funnel that flags outsized prints across your scan universe, then confirms each one against the tape — its scope, thresholds and cadence are set out above.

  • Screener across up to 10 tickers per run
  • Unusual Activity: a curated liquid list intersected with your watchlist
  • Cross-ticker strategy comparison
  • Open Interest tracker
  • Earnings-window options analysis
  • AI Brief over the tickers you just screened
  • Portfolio Greeks and risk aggregation across the screened names
  • Portfolio-level Greeks aggregation as a dashboard widget
Options Screener
Options Screener
Multi-Ticker Screener
TickerStrategyScoreIVPremium
AAPLBull Call Spread
94
24.8%$3.20
NVDAIron Condor
88
31.2%$5.40
TSLAPut Credit Spread
82
42.1%$2.85
METAStraddle
79
27.6%$8.10
MSFTCovered Call
76
22.3%$4.50
AMZNBear Put Spread
71
29.8%$3.90
Portfolio Greeks
Delta+0.42
Gamma+0.018
Theta-12.4
Vega+8.65
AAPL
28%
NVDA
35%
TSLA
22%
META
15%
Risk & P/L
Max Profit+$5,620
Breakeven$258 / $272
Max Loss-$2,840
AAPL
+8.2%
NVDA
-2.1%
TSLA
+5.6%
META
+1.4%
Cross-ticker analysis|6 tickers monitored
1/4

Chain, tape, flow, structure.
Every options tool, one page.