Master Options Trading Analysis with AI
Transform complex options data into actionable insights. Analyze strategies, track Greeks, and optimize your derivatives portfolio with intelligent spreadsheet tools.
Why Options Analysis Matters
Options trading isn't just about buying calls and puts—it's about understanding the intricate dance of time decay, implied volatility, and market sentiment. Every seasoned trader knows that moment when you're staring at a position that's bleeding theta, wondering if your analysis missed something crucial.
The challenge isn't just in picking the right strategy. It's in the endless calculations, the constant monitoring of Greeks, and the need to quickly pivot when market conditions shift. Traditional spreadsheets become unwieldy monsters of formulas, and specialized trading platforms often lack the flexibility for custom analysis.
That's where intelligent options analysis transforms everything. Instead of wrestling with complex Black-Scholes calculations or manually tracking dozens of positions, you can focus on what matters most: making informed trading decisions.
Supercharge Your Options Analysis
Transform complex derivatives data into clear, actionable insights with AI-powered analytics
Automated Greeks Calculation
Calculate Delta, Gamma, Theta, Vega, and Rho automatically across your entire portfolio. No more manual formulas or error-prone calculations.
Real-time Risk Assessment
Monitor portfolio risk metrics instantly. Track position sizing, correlation effects, and overall exposure with dynamic visualizations.
Strategy Performance Analysis
Compare the effectiveness of different options strategies with backtesting capabilities and scenario analysis tools.
Volatility Surface Mapping
Visualize implied volatility across strikes and expirations. Identify opportunities and anomalies in volatility pricing.
Multi-Asset Correlation
Analyze how your options positions correlate with underlying assets, market indices, and other portfolio components.
Custom Alert Systems
Set up intelligent alerts for price movements, volatility changes, and risk threshold breaches across all your positions.
Real-World Options Analysis Scenarios
See how different trading professionals use advanced analytics to improve their options strategies
Iron Condor Strategy Optimization
A portfolio manager analyzing weekly iron condors on major indices tracks profit zones, adjusts strike selection based on implied volatility rankings, and optimizes position sizing using Kelly criterion calculations. The analysis reveals that 45-day expiration periods with 16-delta short strikes produce the highest risk-adjusted returns.
Earnings Volatility Crush Analysis
An institutional trader studies pre-earnings implied volatility patterns across technology stocks. By analyzing historical volatility compression ratios and actual move percentages, they develop a systematic approach to selling premium before earnings announcements, capturing consistent alpha from volatility overpricing.
Portfolio Delta Hedging
A hedge fund quantitative analyst maintains market-neutral exposure across a complex options book. Real-time delta calculations and automated rebalancing suggestions help maintain target exposures while minimizing transaction costs and slippage impact.
Covered Call Enhancement
A wealth management firm optimizes covered call writing for client portfolios. Analysis of call premium collection versus opportunity cost shows optimal strike selection at 10-15% out-of-the-money levels, generating additional income while preserving upside participation.
Volatility Arbitrage Detection
A proprietary trading desk identifies mispriced options by comparing realized versus implied volatility across different time horizons. Statistical analysis of volatility mean reversion patterns guides timing for volatility arbitrage strategies.
Risk Management Stress Testing
A family office stress-tests their options portfolio against various market scenarios. Monte Carlo simulations model portfolio performance under different volatility regimes, helping set appropriate position limits and risk controls.
Your Options Analysis Workflow
From raw market data to actionable trading insights in minutes, not hours
Data Import & Connection
Connect to your broker's API, import options chains, or upload position files. Support for real-time and historical data across all major exchanges and asset classes.
Automated Calculations
AI instantly calculates all Greeks, implied volatilities, and risk metrics. No manual formula setup required—just point to your data and let the analysis begin.
Strategy Modeling
Build and test complex multi-leg strategies with visual profit/loss diagrams. Analyze breakeven points, maximum risk, and optimal profit zones.
Risk Assessment
Generate comprehensive risk reports showing portfolio exposure, concentration limits, and stress test results under various market scenarios.
Performance Tracking
Monitor realized P&L, track strategy effectiveness over time, and identify patterns in winning and losing trades for continuous improvement.
Advanced Analytics Capabilities
Greeks Sensitivity Analysis
Understanding how your positions respond to market changes is crucial for successful options trading. Our platform calculates first and second-order Greeks automatically, showing you exactly how time decay, volatility changes, and price movements affect your portfolio.
Delta-neutral strategies become manageable when you can see portfolio delta in real-time. Gamma scalping opportunities emerge clearly when you understand convexity across your book. Theta decay is no longer a mystery when you can project time value erosion across different scenarios.
Volatility Analysis & Forecasting
Implied volatility is the lifeblood of options pricing, yet most traders struggle to analyze it effectively. Our tools help you identify when options are expensive or cheap relative to historical norms, spot volatility arbitrage opportunities, and understand volatility term structure dynamics.
Compare implied volatility rankings across different time periods, analyze volatility skew patterns, and identify mean reversion opportunities. The platform automatically flags unusual volatility conditions that might signal trading opportunities.
Portfolio Optimization
Managing a complex options portfolio requires constant attention to correlation, concentration, and overall risk exposure. Our analytics help you optimize position sizing, maintain target exposures, and identify hedging opportunities.
Risk metrics are calculated automatically, showing you value-at-risk, maximum drawdown potential, and correlation-adjusted position sizing recommendations. Rebalancing suggestions help maintain your target risk profile as market conditions change.
Frequently Asked Questions
How accurate are the Greeks calculations compared to professional trading platforms?
Our Greeks calculations use the same mathematical models (Black-Scholes, binomial trees, Monte Carlo) employed by major trading platforms. The calculations are performed in real-time with institutional-grade precision, often matching or exceeding the accuracy of expensive specialized software.
Can I import my existing options positions from my broker?
Yes, we support position imports from most major brokers through API connections or file uploads. Common formats include CSV exports, XML feeds, and direct API integration with platforms like Interactive Brokers, TD Ameritrade, and others.
How does the platform handle complex multi-leg strategies?
The platform automatically recognizes and analyzes complex strategies like iron condors, butterflies, straddles, and custom combinations. It calculates net Greeks, profit/loss scenarios, and risk metrics for the entire strategy as a single unit.
What kind of historical data is available for backtesting strategies?
We provide access to historical options data including prices, implied volatilities, and Greeks calculations going back several years for major indices and individual stocks. This enables comprehensive backtesting of strategies across different market conditions.
Can I set up automated alerts for specific risk thresholds?
Absolutely. You can create custom alerts for portfolio delta exceeding targets, positions approaching expiration, volatility threshold breaches, P&L limits, and many other conditions. Alerts can be delivered via email, SMS, or in-platform notifications.
How does the platform handle dividend adjustments and corporate actions?
The platform automatically adjusts for dividends, stock splits, and other corporate actions that affect options pricing. Historical analysis accounts for these adjustments to ensure accurate backtesting and performance measurement.
Is the platform suitable for both individual traders and institutional users?
Yes, the platform scales from individual traders managing a few positions to institutional users with thousands of contracts across multiple strategies. Advanced features like portfolio-level risk management and multi-user collaboration support institutional workflows.
What happens to my analysis if market data feeds are interrupted?
The platform uses multiple data sources and has built-in redundancy to minimize interruptions. If real-time data is temporarily unavailable, you can continue working with the most recent data, and calculations will update automatically when feeds are restored.
Transform Your Options Trading Today
Options trading doesn't have to be a constant battle with spreadsheets and manual calculations. When you have the right analytical tools, you can focus on what you do best: identifying opportunities, managing risk, and generating returns.
Whether you're running covered calls on dividend stocks, trading volatility around earnings, or managing complex multi-leg strategies, intelligent analysis makes the difference between guessing and knowing. Between hoping and succeeding.
The markets won't wait for you to catch up with better tools. Every day you spend wrestling with inadequate analysis is a day of missed opportunities and unnecessary risk. Your competition is already using advanced analytics—isn't it time you joined them?
Sourcetable Frequently Asked Questions
How do I analyze data?
To analyze spreadsheet data, just upload a file and start asking questions. Sourcetable's AI can answer questions and do work for you. You can also take manual control, leveraging all the formulas and features you expect from Excel, Google Sheets or Python.
What data sources are supported?
We currently support a variety of data file formats including spreadsheets (.xls, .xlsx, .csv), tabular data (.tsv), JSON, and database data (MySQL, PostgreSQL, MongoDB). We also support application data, and most plain text data.
What data science tools are available?
Sourcetable's AI analyzes and cleans data without you having to write code. Use Python, SQL, NumPy, Pandas, SciPy, Scikit-learn, StatsModels, Matplotlib, Plotly, and Seaborn.
Can I analyze spreadsheets with multiple tabs?
Yes! Sourcetable's AI makes intelligent decisions on what spreadsheet data is being referred to in the chat. This is helpful for tasks like cross-tab VLOOKUPs. If you prefer more control, you can also refer to specific tabs by name.
Can I generate data visualizations?
Yes! It's very easy to generate clean-looking data visualizations using Sourcetable. Simply prompt the AI to create a chart or graph. All visualizations are downloadable and can be exported as interactive embeds.
What is the maximum file size?
Sourcetable supports files up to 10GB in size. Larger file limits are available upon request. For best AI performance on large datasets, make use of pivots and summaries.
Is this free?
Yes! Sourcetable's spreadsheet is free to use, just like Google Sheets. AI features have a daily usage limit. Users can upgrade to the pro plan for more credits.
Is there a discount for students, professors, or teachers?
Currently, Sourcetable is free for students and faculty, courtesy of free credits from OpenAI and Anthropic. Once those are exhausted, we will skip to a 50% discount plan.
Is Sourcetable programmable?
Yes. Regular spreadsheet users have full A1 formula-style referencing at their disposal. Advanced users can make use of Sourcetable's SQL editor and GUI, or ask our AI to write code for you.
Ready to Master Options Analysis?
Join thousands of traders who've transformed their derivatives workflow with intelligent analytics. Start analyzing smarter, not harder.