Plans – Option Trader's Assistant

Try Option Trader’s Assistant free for 30 days, pick your plan later.

No credit card required. Join the Waitlist today!

Basic

^$67_{/ month}
$804 /yr billed yearly
($80 /mo billed monthly)

Modeling Matrix™
Trade Design Assistant™
Realtime quotes (via broker)
Profit & Loss tracking & graphs
Adjustment Assistant™
Trading journal
more…

Standard

^$97_{/ month}
$1164 /yr billed yearly
($116 /mo billed monthly)

All Basic plus

Dynamic Limit Orders™
Automatic alerts
Streaming Portfolio Monitor™
Streaming Portfolio Graphs™
Portfolio performance reports
Strategy Selection Assistant™
more…

Premium

^$117_{/ month}
$1404 /yr billed yearly
($140 /mo billed monthly)

All Standard plus

Trade Snapshots™
Personal trading plans
Fire Drill Assistant™ *
Advanced performance reports
Price and Profit™ view
Beta weighting*
more…

Check out the full list of Option Trader’s Assistant features
We offer a huge choice of features and options at 3 different levels.

	Basic	Standard
Planning and Analyzing
Trade Design Assistant™ Trade Design Assistant™ The Trade Design Assistant™ helps you to construct and analyze a trade based on any of several common trade strategies. You provide the software with certain attributes specific to the chosen strategy, and the software scans the appropriate option chain to find options that meet the specifications and creates a trade for you to analyze.
Profit and Loss Graphs
Modeling Matrix™ Modeling Matrix™ The Modeling Matrix™ displays the option chain for a selected stock or index in a matrix or grid format, and allows you to model trades and adjustments by choosing an option on the matrix and entering the quantity to be bought or sold. It shows the resulting trade’s profit and loss graph, the trade’s “Greeks” and other useful information.
Time and IV modeling
Strategy Selection Assistant™ Strategy Selection Assistant™ After you provide your view of current market conditions by answering a few simple questions, the Strategy Selection Assistant™ gives you a list of some common non-directional trade strategies, ranked in order of effectiveness for the given market conditions.	–
Expertly curated trading plans** Curated Trading Plans Expertly curated trading plans are offered by our education partners for additional monthly fees. They are trading plans that are designed by experienced traders and options mentors who have years of experience successfully trading option for regular weekly income; you can follow along and trade the same strategies with just a few clicks. Each trading plan includes the information needed to construct and manage a specific trade. Plans are structured according to the four-step risk management process: The setup: how to choose the options to be traded The targets: when to take profits or losses When to adjust How to adjust
General purpose trading plans Trading Plans Trading plans consist of specifications for trade setup and management. The Option Trader’s Assistant automatically constructs trades based on the trading plan specifications so you can analyze and manage your trades in just a few clicks. Each trading plan includes the information needed to construct and manage a specific trade. Plans are structured according to the four-step risk management process: The setup: how to choose the options to be traded The targets: when to take profits or losses When to adjust How to adjust General Trading Plans The software includes several general-purpose trading plans (accesed through the design assistants) for some of the commonly-used income strategies, such as: Iron Condor Butterfly Put Credit Spread Calendar Spread Long Diagonal (covered call alternative) Personal Trading Plans Personal Trading Plans allow you to create your own trading plans for strategies you use over and over. You can customize all of the parameters in a plan to suit your own needs.	–
Custom personal trading plans	–	–
Trading and Execution
Real-time quotes via broker
Schwab, tastytrade, Tradier ordering
Schwab, tastytrade import
Adjustment Assistant™ Adjustment Assistant™ The Adjustment Assistant™ lets you analyze any of serveral common adjustment strategies with just a click or two of your mouse. Multiple alternative adjustments can be analyzed, and when you have settled on the one you prefer, you can submit an order to your broker. There is also a feature to help you construct custom adjustments quickly and easily.
Automatic closing order setup
Dynamic Limit Orders™ Dynamic Limit Orders™ Dynamic Limit Orders™ allow you to specify a starting limit price, an ending limit price, a price increment and a time interval; then, after you click the submit button, the software will enter a limit order at the starting limit price. After the specified time interval, the software cancels the order, increments the limit price and enters a new limit order at the new, incremented limit price. This process continues until the ending limit is reached or the order is filled.	–
Monitoring and Managing
Tracking of PnL after adjustment
Manual Alerts
Alerts by email or text message
Automatic calculation of goals
Real-time quotes via broker
Portfolio at-a-glance dashboard
Streaming Portfolio Monitor™	–
Streaming Portfolio Graphs™ Streaming Portfolio Graphs™ The Graphs page shows profit and loss graphs of all of your open trades on one page, so you can monitor your entire portfolio in one glance. You can sort by trade open date, expiration date, P&L, or trade delta so the trades needing most attention or scrutiny float to the top. Updated every few seconds with streaming quotes from your broker or data feed.	–
Automatic Alerts	–
Price and Profit™ view Price and Profit™ view The Price and Profit™ view shows you a candlestick price chart of the underlying vehicle beside a profit and loss graph of your trade, side-by-side, sharing the same price axis.	–	–
Fire Drill Assistant™* Fire Drill Assistant™ The Fire Drill Assistant™ lets you analyze your trade at the end of the day to be sure you are ready for whatever the market brings you the next morning. With the click of a button, you can simulate various gaps up or down to see if your trade can survive. If not, you will know you should consider adjusting early.	–	–
Beta weighting*	–	–
Reporting and Learning
Trade history
Basic reports
Trading journal
Portfolio performance calculations	–
Portfolio allocation calculations*	–
Trade Snapshots™ Trade Snapshots™ Trade Snapshots™ capture the state of your trade at speficic points in time. Data captured includes: Prices of options Price of underlying asset / index Profit and loss graph Proposed adjustments, if any Snapshots are taken by the software automatically when: Trade is opened Before and after every adjustment Trade is closed You can also take a manual snapshot at any time (one a day) and include a note or question. Later, you can come back and review your trades to determine what worked or didn’t. You can also review your trades with your mentor and avoid guessing or faulty recollections about what may have gone wrong.	–	–
Advanced Performance Reporting	–	–
Trade Data Export Trade Data Export Part of the Advanced Portfolio Performance reporting feature, you can export your trade data to a spreadsheet (CSV file) then slice and dice your data any way you like in your own spreadsheets.	–	–
Graphical Reporting	–	–

* Coming soon.

Sheridan Mentoring
Class: 3k on 25k		$XX / month
Dan’s plans		$XX / month
Mark’s plans		$XX / month
Jay’s plans		$XX / month

Try Option Trader’s Assistant free for 30 days, pick your plan later.

No credit card required. Join the Waitlist today!

Check out the full list of Option Trader’s Assistant features We offer a huge choice of features and options at 3 different levels.

Trade Design Assistant™

Modeling Matrix™

Strategy Selection Assistant™

Curated Trading Plans

Trading Plans

General Trading Plans

Personal Trading Plans

Adjustment Assistant™

Dynamic Limit Orders™

Streaming Portfolio Graphs™

Price and Profit™ view

Fire Drill Assistant™

Trade Snapshots™

Trade Data Export

Curated Trading Plansdesigned by traders and options mentors who have years of experience

Check out the full list of Option Trader’s Assistant features
We offer a huge choice of features and options at 3 different levels.