Tools

Welcome to the Tools page for options trading. Use the interactive online calculator to price option strategies and download Excel tools for deeper analysis. Here you can also access video tutorials to learn how to trade options and sharpen your trading strategies.

For live trading I recommend the Interactive Brokers trading platform, which supports algo trading and trading strategy automation — everything you need to trade smarter, faster, and with confidence.


Option Trading Calculators

Calculate European and/or American option prices, Greeks, P&L and visualize net payoffs using our online options trading calculator. Alternatively, download the American Options Pricing Workbook for live pricing, risk analytics, and comprehensive trading strategies covering directional, income, range, and spread plays.


Option Trading Videos

Explore our American Options Trading YouTube playlist, offering in-depth insights into trading strategies, pricing and optimal exercise, along with live demonstrations of option pricing using Excel workbooks.

American Option Trading & Analysis


Interactive Brokers Trading Platform (IBKR)

Navigate to Interactive Brokers, one of the best trading platforms for options trading with excellent execution, low commissions and transaction costs.

Interactive Brokers (IBKR)


Live Algo Trading with IB Broker Python API

Learn how to use the IB Broker API to automate trading execution, manage orders, source market data, view trading positions, cash balances and more using the Python API.

YouTube Training – Live Algo Trading
Download Source Code