Are there any free options analysis tools available?

There are a wealth of analysis tools available including price and volatility history, option calculators, option chains, volatility skew charts, all free of charge. Numerous screeners for stocks and complex options are available. Screeners are updated daily. Delayed data is free, subscribers get more timely data.

What is the best option trading software?

As long as you don’t mind paying $0.60 per contract—which is very commonplace, to be frank—TradeStates is probably among the best options trading software out there. It offers a wealth of information and detailed analysis tapping into data across multiple decades.

How do I find the best option trade?

Scan for the best option trade based on a bullish, bearish or neutral market outlook. Your specific filters will scan through thousands of option contract to locate the strategies that maximize profit and minimize risk. Evaluate existing or potential positions using a variety of theoretical pricing models to manage risk and capture alpha.