Options Research & Technology Services (ORATS)

Success in options trading hinges on a trader’s ability to gather and analyze large volumes of data. The options trading landscape’s evolution over the years, marked by a proliferation of symbols and a substantial increase in trading volumes, underscores the importance of utilizing clean data for quantitative research. However, access to the industry-standard options data and necessary tools to decode alpha-generating strategies is often limited to trading communities.

This is where Options Research & Technology Services (ORATS), an options research firm, becomes a game-changer.

Established by traders with strong foundations of extensive industry knowledge and a wealth of historical data, ORATS offers a holistic ecosystem that empowers traders with comprehensive data and robust tools for accurate market summarizations. The firm transforms options data into meaningful insights to reveal patterns in forecasts and implied volatilities, elevating the options trading experience. The refined data is seamlessly integrated into its robust tools and APIs to provide traders with resources that improve decision-making throughout the research, trading, and review stages.

“ORATS was founded by traders to help the trading community with an enhanced research process and automated scans, executions, and exit alerts,” says Matt Amberson, principal and founder, ORATS.

ORATS leverages multiple sources to continuously gather and enrich the data repository, including data from providers like the option pricing authority (OPRA). Taking measures to fortify its infrastructure to augment its data delivery, backtesting, and trading capabilities, ORATS performs constant data summarization through its ORATS Smoothed Market Values (OSMV) system. The cleaned, normalized, and smoothed data provides traders valuable insights to keep up with surging trade volumes.

Traders can access the information through ORATS’ easy-to-use, plug-and-play data APIs. Its cloud-based database serves as a personalized data hub for them, offering years’ worth of options data while eliminating the storage and retrieval complexities.

To help traders harness the full potential of data, it offers ORATS Options Dashboard, an all-encompassing system for end-to-end option strategy development. The platform has a dedicated learning center and a broad spectrum of research, trading, backtesting, and risk management tools. This entails Options Scanner, Backtesters, Stock Scanner, Signal Builder, and Trade Builder.

Using the Options Backtester, users can access millions of pre-run tests for standard symbols and strategies or run custom tests on over 5000 symbols and 25 strategies. The results are seamlessly integrated into its Options Scanner, facilitating the scanning and ranking of thousands of option trades based on various metrics. The Stock Scanner blends implied volatilities and options data with fundamental research and volume statistics to make well-informed trading decisions. It can be integrated into the Options Scanner to create a seamless synergy between stock and options insights.

ORATS also offers a Signal Builder tool powered by Intraday Data API that observes minute-by-minute indicators to create and backtest custom intraday signals. Committed to delivering a better user experience, it ensures seamless integration with popular brokerage accounts like TD Ameritrade and Tradier with a robust positions management system. Traders can access live data, open and close trades, and complement the actions with the Trade Builder. ORATS Dashboard also comes with a General Outlook tab, which provides a snapshot of the market sentiment to aid traders in identifying bullish or bearish trends.

With this perfect line of solutions, ORATS is a premier options analytics vendor that caters to a diverse clientele, spanning investment advisors, quantitative traders, retail clients, and large brokerage firms. Many broker-dealers consider it an invaluable resource because its toolkit helps structure raw data into API-accessible feeds, improving service quality and client satisfaction.

ORATS supplements its products with educational materials, including blogs, podcasts, videos, and an online chat tool for user queries. It is a prominent repository of news content for entities such as Reuters and the WSJ.

The combination of extensive historical data, industry experience, and diligently formulated proprietary calculations and methodologies make ORATS an options research firm of choice for numerous clients, empowering their options trading operations.