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Options Analytics · Reviewed 26 Oct 2026

ORATS

Options data, analytics, and backtesting platform for traders.

from $99 · orats.com ↗

Paid against free › Options Analytics › ORATS

ORATS at a glance
51.6KEstimated total trafficModeled monthly visits268Ranking keywordsPublic search sample98/100Technical health15 pages checked0Referring domainsLive backlink summary

Overview

01

Summary

The useful answer before the supporting detail.

ORATS is an options analytics platform providing data, backtesting, and trading tools for retail and institutional traders S1. It solves the problem of accessing quality options data and testing strategies, offering a dashboard, APIs, and historical data S1. Its practical value lies in enabling users to scan, backtest, and execute options strategies with institutional-grade tools S1.

02

Product identity and positioning

Name, category, positioning, audience, and first-party claims.

  • Identity: ORATS (Option Research & Technology Services) is an options analytics and backtesting platform S1.
  • Core purpose: Provides quality data and tools for options trading research and strategy development S1.
  • Intended users: Retail traders, hedge funds, and institutional clients S1.
  • Product scope: A suite including a dashboard, APIs, and historical data, with tools like scanners and backtesters S1.
  • Positioning: "Institutional Quality Tools for All Options Traders" S1.
  • Claimed distinction: Built on procedures from successful market making, emphasizing data quality S1.
03

Use cases and audiences

Who the product serves and the jobs it is designed to handle.

AudiencePractical use case
Retail tradersScan for options opportunities and backtest strategies S1.
Hedge fundsUse data APIs for options research and analytics S1.
Institutional clientsAccess historical data and proprietary indicators for risk management S1.

Features

09

Features and capabilities

Core functions and evidence-backed product capabilities.

CapabilityWhat it does
Option ScannerScans options based on criteria, powered by the same engine as the dashboard S83.
BacktestingBacktests options strategies, including long/short stock strategies S148.
Intraday BacktestingRuns intraday backtests with custom strategies S83.
Time and SalesProvides tick-level time and sales data S31.
Data APIsAccess options data via REST APIs, including live and delayed data S21.
AI AssistantIntegrates with the API suite to provide real-time insights on over 5,000 symbols S151.
Broker IntegrationConnects to brokers like Interactive Brokers, TradeStation, and Tradier S73.
10

Integrations and ecosystem

Connected products, exports, APIs, and workflow compatibility.

Integration or interfaceTypeWhat it enables
REST APIAPIAccess options data with predictable URLs S21.
OpenAPI 3.1 documentAPIProvides typed parameters and response schemas for all endpoints S21.
ORATS CLICLIWraps every endpoint for AI modelCode, Codex, and MCP clients S21.
Broker connectionsIntegrationSend orders through Interactive Brokers, TradeStation, and Tradier S73.
AI agentAI interfaceBuild with AI agents using the API S21.

Pricing

11

Pricing and plans

Published plans, free access, trials, credits, and pricing limitations.

Plan or offerVerified price and billingIncludedLimits
Trading Tools (Individual)$99 per month, billed monthly S73Real-time data, all trading tools, broker connections S732,000 backtests per month S73
Data APINot establishedOptions data, historical data S8320,000 requests per month S83
Intraday Data APINot establishedOne-minute options data S119Not established

Competition

12

Competitive landscape

Domains competing for the same organic search demand.

Sampled competitors

CompetitorFirst-page appearancesSampled queriesAverage positionQueries observed
reddit.com325.7orats, orats options data
youtube.com221.5orats, orats options data
interactivebrokers.com222orats, orats options data
data.nasdaq.com112orats options data
optionstradingiq.com113orats
bullishbears.com117orats options data

Website intelligence — Collected evidence

Customers, testimonials, and first-party review claims

No supporting public-page evidence was collected for this category.

Independent review sources discovered

No links to supported independent review platforms were discovered on the collected pages.

Website intelligence — Scout synthesis

  • ORATS claims its data quality is "superbly better than others in the market" per a customer quote W100W148.
  • A customer states they are evaluating data vendors to replace Bloomberg as the primary source for options analytics, with ORATS highly recommended by professional peers W103W151.
  • A customer compares ORATS favorably to OptionVue and OptionNetExplorer, stating ORATS operates on "a completely different level in terms of data depth and usability" W23.
  • Another customer says they have used several platforms including ivolatility/Options omega, "but nothing comes close to ORATS" W21.
  • Scout inference: The evidence positions ORATS against Bloomberg, OptionVue, OptionNetExplorer, and ivolatility, with a value proposition centered on data depth, SMV methodology, and API usability.
14

AI visibility

Measured ChatGPT and Google AI mentions with cited sources.

AI-assistant referral traffic

  • Estimated current generative-AI referral share: 6.4%
MonthSource
—All AI assistants

Website intelligence — Collected evidence

Site-stated AI capabilities

Page typeEvidenceSource
featuresCLI for AI Agentshttps://orats.com/blog/nasdaq-features-matts-article-on-backtesting-pitfalls
integrationsBuilding with an AI agent or code generatorhttps://orats.com/docs
integrationsThe whole API surface is published as an OpenAPI 3.1 document at orats.com/openapi.json (also YAML), with an operationId, typed parameters, and response schemas for every endpoint. Every page in these docs is available as plain Markdown by appending `.md` to its URL (for example /docs/authentication.md), and /docs/llms.txt indexes them. The ORATS CLI wraps every endpoint for Claude Code, Codex, and any MCP client.https://orats.com/docs
integrationsCopy for LLMView as Markdownhttps://orats.com/docs/backtest-finder-api

These are first-party product claims, not independent measurements of AI-search visibility.

Website intelligence — Scout synthesis

  • The API docs explicitly include a "Copy for LLM" feature and "View as Markdown" links, indicating intentional optimization for AI consumption W170W194W218.
  • The documentation states: "Building with an AI agent or code generator" and provides OpenAPI 3.1 specs, Markdown pages, and an LLM index at /docs/llms.txt W126W127.
  • The ORATS CLI is positioned for Claude Code, Codex, and MCP clients W127.
  • Scout inference: ORATS has a deliberate AI-visibility strategy, making its documentation machine-readable and easily ingestible by LLMs, which could improve its presence in AI-generated answers about options data APIs.
15

Marketing opportunities

Actions calculated directly from the collected evidence.

OpportunityRecommended actionEvidence
Striking-distance keywordMove “edeltapro” from position 4 toward the top three.Volume 90 · https://orats.com/blog/best-options-backtesting-platforms-in-2024
Competitor gapReview the sampled queries where reddit.com appears.3 first-page appearances across orats, orats options data

Website intelligence — Collected evidence

Website evidence gaps

  • customers: no usable public page was collected; verify whether the site publishes this evidence.
  • reviews: no usable public page was collected; verify whether the site publishes this evidence.
  • changes: no usable public page was collected; verify whether the site publishes this evidence.
  • identity: no usable public page was collected; verify whether the site publishes this evidence.
  • technical: no usable public page was collected; verify whether the site publishes this evidence.

Website intelligence — Scout synthesis

  • The homepage promotes three distinct purchase paths: trading tools, APIs, and data, each with dedicated landing pages W4W5W6.
  • The Data API page lists multiple pricing tiers (Delayed, Live, Intraday, All-In) with specific request limits and data features W108W109W110W111W112W113W114W115W116W156W157W158W159W160W161W162W163.
  • The WHAM feature is promoted as included in every Data API plan, creating a cross-sell opportunity W1W25W49W73W97W121W145W169W193W217.
  • Customer testimonials highlight specific use cases: earnings scanner, spread screening, backtesting, and broker integration W13W16W17W19W101W149.
  • The Backtest Finder API offers precomputed backtests across 15 strategies and ~146 tickers, a potential upsell for quant researchers W173.
  • Scout inference: Marketing opportunities include promoting WHAM as a differentiator, expanding content around the Backtest Finder API, and leveraging customer quotes about replacing Bloomberg to target institutional prospects.

Trust and proof

16

Customers, proof, and reviews

Published proof, customer signals, and review evidence.

Independent reviews

PlatformPageHow it was foundNote
Forex Brokers LabOrats.com Review / Is Orats any good?Grounded web searchI used Orats for a month. It was quite expensive and had some issues. First, the sample code they provide does not work. I used the python code and it simple created an error. So you cannot rely on their online sample code to understand how to make the API calls appropriately. You’ll need to be ready to play around and figure it out yourself. Second, they don’t have nearly as much data as they claim. About 20% of the ETFs I requested options data for, all of which they indicated they have option
Brokers ExchangeOrats Review: The Assessment You Need Before CommittingGrounded web search## Orats Reviews ... The company doesn’t have an active Trustpilot profile and we had to dig deep to find any type of feedback from other traders. Luckily, we did find a couple of discussions on forums, however, none of them were unfavorable. In fact, both the Reddit and Elite Trader discussions are focused on praising the firm. ... While there are some comments focused on the data provided by Orats and how it’s insufficient, the overall feedback is good. However, it’s like we said at the beginn
Options ScannersORATS Review 2026Grounded web search- No flow alerts, no sweep detection, no unusual activity feed in real ... . Traders who trade on live institutional order flow need a different primary tool - No Trustpilot profile; ... running multiple scans to cover a broad watchlist - The platform’s

Customer proof

No named customers, testimonials, or customer case studies were found.

Independent mentions

  • Anyone using ORATS? / Elite Trader — Ive used it for a couple of years.Hands down,the best Options program out there.There is a bit of a learning curve.I believe there is trial,and Matt ( the big cheese) is a really good guy.. Ask away ... Their videos are also very helpful both for tips on
  • Offline Algorithms in Low-Frequency Trading / Hacker News — . The strategy is an implementation of The Wheel. Did you backtest ... I doubt there is much left after commissions. See 0 for a backtest including commissions and 1 for a blog post from ORATS on how to backtest the strategy using the ORATS backtester.
  • Option Research & Technology Services / ORATS — ORATS is trusted by thousands of advanced options traders, hedge funds, and institutions. ... new functionality you've given ORATS, especially the screening ... I have used several including ivolatility/Options omega, but nothing comes close to ORATS
  • Whole-market options snapshot data from ORATS / Elite Trader — ie. the offers on this page: https://info.orats.com/elitetrader (On that page are also ... Mine is 15-minutes delayed snapshot data of the whole US options market. 15-min-delayed is enough for my uses cases. ORATS has also offers for non-delayed data

External links were grounded in one live web search. Search snippets are leads, not independently scraped page content; rejected links remain available in Review evidence.

17

Company, security, and trust

Ownership, policies, security signals, and public trust evidence.

SignalFindingSource
Company and ownershipWeekly options education hosted by ORATS founder Matt Amberson.source
Contact and supportFor more information about the enhanced platform capabilities, visit dashboard.orats.com or contact our support@orats.com team.source
Legal and privacyIf you need to upgrade or cancel your subscription you can do that HERE.source
Security and complianceNot published on the collected pages.—
Uptime and status pageNot published on the collected pages.—
Domain registered2002-03-30—
Domain expires2028-03-30—

Not found on the collected pages: security and compliance, uptime and status page. This only means Scout did not find it on the pages it read; it says nothing about the company itself.

18

Documentation and product updates

Help resources, product guidance, and visible changes over time.

Resource or updateTypeWhat is availableDate or freshness
API DocumentationAPI referenceCovers authentication, MCP setup, endpoints and payloads, rate limits and errors. (source)Not dated
Nasdaq Features Matt's Article on Backtesting PitfallsGuideORATS Matt Amberson has been named an author on the new Nasdaq website. Go there for options news, educational content and breaking trades on the Nasdaq 100. (source)Not dated
ORATS - AboutProduct updateProduct update is publicly available. (source)Not dated

Not found in the collected public sources: public roadmap, changelog or release notes, status page, separate help center or knowledge base.

Technical

19

Technical and delivery signals

Delivery model, platforms, API, data ownership, reliability claims and release activity.

SignalFindingSource
Delivery model (cloud, self-hosted, desktop, browser extension)Web-based platform and APIs S31 S21.S31 S21
Platforms and appsWeb platform; no native mobile apps mentioned S31.S31
API and extensibility (API, SDK, webhooks, MCP, plugins)REST API with OpenAPI spec and CLI for MCP clients S21.S21
Data ownership and exportNot published on the collected pages.—
Performance and reliability claimsLive data with less than 10 seconds of market delay S21.S21
Release activityRecent launch of enhanced production platform S151.S151
20

Measured infrastructure

Domain, certificate, and hosting signals, measured directly.

SignalFinding
Domain registered2002-03-30 — Tucows Domains Inc.
Domain expires2028-03-30
TLS certificateLet's Encrypt, valid, expires 2026-11-26
Security headersHSTS
Headers not servedCSP, X-Content-Type-Options, X-Frame-Options, Referrer-Policy
Server headerVercel
Mail handled bymail.orats.com.mx.swishmail.net
Nameserversns-327.awsdns-40.com, ns-799.awsdns-35.net

Not measurable: wayback: rate limited by archive.org, ladder stopped after 1 probe(s). A gap here means the lookup was unavailable, not that the finding is negative.

21

Technical site audit

A bounded multi-page crawl with page-level issues and URLs.

Scout — Bounded technical crawl

  • Pages crawled: 15 of 15 maximum
  • Technical health: 98/100
  • Critical issues: 0
  • Warnings: 3
  • Notices: 5

Issues

SeverityIssueValueAffected URL
noticeMeta description length should be reviewed227https://orats.com/
noticeMeta description length should be reviewed226https://orats.com/wham
warningPage should have one primary H12https://orats.com/university
warningMissing canonical URL—https://orats.com/university
warningTitle length should be reviewed102https://orats.com/trading-tools
noticeMeta description length should be reviewed229https://orats.com/data-api
noticeMeta description length should be reviewed48https://orats.com/blog/2024-07-22-risk-magazine-0dte-article
noticeMeta description length should be reviewed45https://orats.com/blog/Matt-Discusses-Earnings-Season-With-Reuters

Crawled pages

StatusTitleH1sWordsResponseURL
200Option Research & Technology Services \ORATS12150124 ms
200WHAM: Event-Day Implied Moves for SPX, NDX and RUT13353324 mshttps://orats.com/wham
200ORATS University21294230 mshttps://orats.com/university
200Trading Tools - An all-in-one package for options research, backtesting, trading, and risk management.12331271 mshttps://orats.com/trading-tools
200ORATS Data API13504338 mshttps://orats.com/data-api
200Historical Options Data - Near End-of-day (Since 2007)11879546 mshttps://orats.com/near-eod-data
200Nasdaq Features Matt's Article on Backtesting Pitfalls1981186 mshttps://orats.com/blog/nasdaq-features-matts-article-on-backtesting-pitfalls
200ORATS Data Used in WSJ Story on Liquidity11119303 mshttps://orats.com/blog/orats-data-used-in-wsj-story-on-liquidity
200ORATS featured in IBKR Campus Quant Blog and Yahoo! Finance11018655 mshttps://orats.com/blog/orats-featured-in-ibkr-campus-quant-blog-and-yahoo-finance
200Risk Magazine Features Matt Amberson in 0DTE Article11373244 mshttps://orats.com/blog/2024-07-22-risk-magazine-0dte-article
200Matt Discusses Earnings Season With Reuters11085241 mshttps://orats.com/blog/Matt-Discusses-Earnings-Season-With-Reuters
200ORATS featured in MSN for earnings season report1973143 mshttps://orats.com/blog/orats-featured-in-msn-for-earnings-season-report
200Matt Amberson Joins Russell Rhodes On The Advisors Option11217244 mshttps://orats.com/blog/matt-amberson-joins-russell-rhodes-on-the-advisors-option
200Intraday Options Backtester - 0DTE backtesting on 1-minute data12084288 mshttps://orats.com/intraday-backtester
200Otto - AI Options Trading Agent in the ORATS Dashboard13397414 mshttps://orats.com/otto

This is a bounded Scout crawl. Core Web Vitals and Lighthouse scores are not claimed unless a dedicated performance audit is connected.

22

Search Console and Analytics

First-party search and behavioral data connection state.

Modeled acquisition channels

ChannelEstimated share
direct53.3%
search27.6%
search organic26.8%
search paid0.8%
social4.9%
social organic4.9%
social paid0.0%
referrals4.9%
paid referrals0.2%
mail2.5%
gen ai6.4%
affiliate0.4%
other0.0%

First-party connections

IntegrationStatusData available after connection
Google Search ConsoleNot connectedClicks, impressions, CTR, average position, queries, pages, countries, and devices
Google AnalyticsNot connectedOrganic sessions, engagement, landing pages, conversions, geography, and devices

No first-party Search Console or Analytics numbers are shown until the site owner authorizes the corresponding Google account. Scout traffic model values above are modeled estimates, not private analytics totals.

Limits and method

23

Limitations and open questions

Known constraints and missing evidence from the collected pages.

The collected pages do not mention specific competitors. Evidence gaps include lack of detailed pricing for Data APIs, no security certifications, and no uptime statistics. Open questions remain about data export options and specific institutional features.

24

Sources, method, and limitations

Evidence inventory, collection method, provider use, and constraints.

This report is based on 15 collected pages from orats.com, including the homepage, about, docs, data-api, intraday-data-api, university, and blog pages. Static and browser rendering rendering were used. External proof search was performed but no additional verification was completed. Limitations include potential missing pages and unverified external claims.

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