Live Options Edge + AI Built In
Dealer positioning, order flow, and Greek heatmaps — with built-in AI that can use the platform's tools, live options data, and web search. Free includes monthly Athena tokens; Pro unlocks a higher AI allowance, top-up packs, the Trading Brief, and full live depth.
Free signup stays free · Pro trial starts only at checkout
Built-in AI
Enter to send · Shift+Enter for new line
Built-In AI With Access to Every Feature
Ask about the symbol on screen. The agent can call platform tools — key levels, Greeks, chain context — and web search when needed, then answer with strikes and levels you can act on. Same agent and frontier model for free and Pro; the lever is quota, not a toy model.
- Free: monthly Athena tokens · resets 1st of month (UTC)
- Pro: higher monthly tokens + packs + Trading Brief
- Page-aware tools, web search, frontier model
Built For Options Traders
Live edge and AI as co-primary pillars — not a dashboard with a chatbot bolted on.
Live Options Edge
Intraday GEX/VEX/DEX heatmaps, real-time order flow, and net premium drift — see where dealers hedge and institutions position as it happens.
🤖AI Agent
Page-aware chat with live tools and web search. Free: monthly Athena tokens on the same agent and frontier model. Pro: higher allowance + packs.
📋AI Trading Brief
Daily regime read, key levels, and an action plan grounded in your options data — Pro only. Free chat stays available elsewhere.
Real-Time Order Flow 📋
Every options print, the moment it hits the tape. Filter by sweeps, blocks, golden sweeps, and premium thresholds to see exactly where institutional capital is moving — not where it moved an hour ago.
- Sub-second streaming via Redis pub/sub
- Sweep, block, and golden-sweep detection
- Premium, size, and direction filters
Greek Heatmap by Expiration 📊
See dealer positioning broken out by every listed expiration. Identify which expiry is driving today’s gamma walls and which strikes will pin price into close.
- GEX, VEX, and DEX by strike & expiration
- ATM / ITM / OTM segmentation
- Pin-risk and gamma-wall detection
Intraday Greek Heatmap 🔥
Replay how dealer hedging shifted minute-by-minute through the session. The heatmap continuously captures GEX, VEX, and DEX and stores the full history, so you can pinpoint exactly when positioning broke.
- Intraday GEX / VEX / DEX snapshots
- Full intraday playback timeline
- Replay any moment of the trading day
Heatmap Compare Mode 🔀
Compare any two snapshots side-by-side — yesterday vs today, pre-CPI vs post-CPI, or open vs power hour. Quantify exactly how dealer positioning changed across the strikes you care about.
- Side-by-side snapshot comparison
- Diff view of GEX / VEX / DEX deltas
- Bookmark and replay key moments
Net Premium Drift 📈
Track the cumulative flow of bullish vs bearish premium throughout the trading day. Spot the moment institutional buyers tip their hand — and the divergences that mark exhaustion.
- Real-time call vs put premium drift
- Bullish / bearish sentiment scoring
- Divergence and exhaustion alerts
Charts With Options Context 📉
Candlesticks alone don’t cut it. Overlay GEX bubbles, key levels, max pain, and σ bands directly on the price chart to trade with the same context the desks have.
- Greek exposure bubble overlay
- Max Pain, σ bands & confluence zones
- Configurable indicators and timeframes
AI Trading Brief 🤖
Start every session with a personalized brief grounded in your live options data — regime, key levels, and an action plan. Pro-only; free users keep monthly Athena tokens on the floating agent for ad-hoc questions.
- Daily brief with regime, levels & action plan
- Grounded in GEX, max pain, flow, and IV — not headlines
- Outcome tracking on past predictions
Built For Income Sellers 💰
Theta decay is the engine behind covered calls, cash-secured puts, and the wheel — and it is what this platform is named after. Pick strikes with data instead of instinct.
- Empirical probability of finishing OTM — not just delta
- Strikes ranked against max pain and gamma walls
- Annualized yield and capital required, across a watchlist
- IV Rank context so you sell premium when it is actually rich
Wheel Strategy Screener
Screen both legs of the wheel across a whole watchlist — delta, DTE, liquidity, and yield filters, with assignment probability on every candidate.
🎚️Strike Selector
Rank every viable covered call and cash-secured put strike against empirical probability, max pain distance, and gamma-wall confluence.
💰Income Calculator
Batch-run your assumptions across a watchlist: expected premium, annualized yield, capital required, and downside breakeven.
New to premium selling? Start here: The Wheel Strategy · Covered Call · Cash-Secured Put · Theta Decay
The Full Toolkit
Every analytic you need to size, time, and manage an options trade. Max Pain, Key Levels, and more.
Key Levels
Max Pain, GEX walls, σ bands & confluence zones
📈IV Smile & Skew
Spot volatility dislocations across the chain
📉IV Rank
Know whether premium is rich or cheap before you trade
🧮Options Value Calc
Seed catalog strategies on visual expiration and strike rulers
📊Price Distribution
Probability cones from implied volatility
🔗Options Chain
Live bid/ask, full Greeks, and open interest
Free
Research tools + monthly Athena tokens
- Same AI agent & frontier model
- Max pain, key levels, chain, calculator
- Fundamentals · REST quotes
Pro
Higher Athena tokens + Brief + live edge
- Higher AI budget · top-up packs · Trading Brief
- Streaming · order flow · Greek heatmaps
- Full expiration depth & history
Theta Vantage MCP for Cursor, Claude, Codex, Grok, and other remote MCP clients — same Pro key. MCP docs.
Simple Pricing
Start free with research tools and monthly Athena tokens. Upgrade for a higher AI allowance, the Trading Brief, and full live edge.
Free
Forever free after signup
- Athena AI — monthly token allowance (same agent)
- Max Pain & Key Levels
- Options Chain (near-term expirations)
- Options Value Calc
- Company Fundamentals
- REST quotes (no streaming)
Pro Monthly
Cancel anytime
- Full platform includes:
- Everything in Free
- Higher Athena monthly tokens + top-up packs
- AI Trading Brief (daily plan)
- Streaming Quotes
- Real-Time Order Flow
- Intraday Greek Heatmaps (GEX / VEX / DEX)
- Theta Vantage MCP for Cursor, Claude, Codex, Grok, and other remote MCP clients
- Net Premium Drift
- IV Smile & Skew Analysis
- Wheel Strategy Optimizer
- Full expiration depth & history
Pro Annual
Best value
$41.58/mo
- Full platform includes:
- Everything in Free
- Higher Athena monthly tokens + top-up packs
- AI Trading Brief (daily plan)
- Streaming Quotes
- Real-Time Order Flow
- Intraday Greek Heatmaps (GEX / VEX / DEX)
- Theta Vantage MCP for Cursor, Claude, Codex, Grok, and other remote MCP clients
- Net Premium Drift
- IV Smile & Skew Analysis
- Wheel Strategy Optimizer
- Full expiration depth & history
Frequently Asked Questions
Where does Theta Vantage get its options data?
We source real-time options data from professional providers backed by OPRA and CBOE feeds. Pro subscribers get live quotes and streaming order flow during market hours.
What makes the intraday Greek heatmap different?
Most tools only show end-of-day Greek exposure. Theta Vantage captures GEX, VEX, and DEX throughout the session and stores the full history, so you can replay how dealer positioning shifted around news, opens, and closes — by strike and by expiration.
Is the AI agent free?
Yes — free accounts get a monthly Athena token allowance with the same agent, tools, and frontier model as Pro. Pro includes a higher monthly budget, optional token packs that stay until used, and the daily AI Trading Brief. Unused monthly allowance does not roll over; purchased pack tokens do not expire monthly.
What is the AI Trading Brief?
A daily, AI-generated market read tailored to your watchlist. It identifies key levels, regime shifts, and an action plan grounded in live options data — not generic news headlines. The Brief is Pro-only; free users keep Athena chat with a monthly token budget.
Do I need to create a password?
No passwords needed. Sign up instantly with Google or Apple using secure OAuth authentication.
How does the Pro free trial work?
Sign in, complete checkout, and start a 7-day Pro free trial with full platform access. Free signup stays free — the trial starts only via Pro checkout. After the trial, your chosen plan continues unless you cancel.
How is Theta Vantage different from other options tools?
We combine institutional-grade Greek exposure analytics (GEX, VEX, DEX, Vanna, Charm) with real-time order flow and built-in AI that can use platform tools and live options data. Live options edge and AI are co-primary — not a bolted-on chatbot.
Can I cancel my Pro subscription anytime?
Absolutely. Cancel anytime with one click. Your Pro features stay active until the end of your billing period.
Ready to Trade With An Edge?
Start free — research tools and monthly Athena tokens. Or start a Pro trial at checkout for a higher AI allowance, the Trading Brief, and full live depth.
Disclaimer: All content is for educational and informational purposes only. This is not financial advice. Options trading involves significant risk. Please consult with a financial advisor before making trading decisions.