Option Lens
Options Trading Data & IV Rank
About
This platform provides institutional-grade options trading research, identifying high-probability opportunities with real-time volatility rankings and intelligent strategy scoring. It automates the analysis of options chains for stocks, helping traders make data-driven decisions faster.
What's New in Option Lens
2.0.0
July 19, 2026
Added Calendar Spread and Long Straddle strategies. Added favorite quantities, position values, and contract-level P/L. Added favorite rolling with matched candidates, realized P/L, and roll history. Redesigned Learning with collections, search, visuals, quizzes, and strategy lessons. Improved favorite cards, strategy labels, quantity selection, and mobile layouts. Improved exit-score calculations and notifications for debit and multi-leg strategies.
MoreSubscriptions & In-App Purchases
Monthly Premium
All premium features, billed monthly.
Developer apps
FAQ
What is Option Lens?
Option Lens is a finance app designed to help traders identify high-probability options trading opportunities. It offers real-time implied volatility rankings, Greeks calculations, and intelligent strategy scoring for data-driven decision-making.
How does Option Lens help find trades?
Option Lens automatically scans major stocks to surface attractive call spreads, put spreads, and strangles based on quantitative scoring algorithms. This saves users time compared to manual options chain analysis.
What kind of data does Option Lens provide?
The app provides real-time implied volatility percentiles, comprehensive Greeks calculations using Black-Scholes models, and market-based implied volatility. Options data is updated every 10 minutes.
Can I use Option Lens on multiple devices?
Yes, Option Lens offers cross-platform access on iOS devices like iPhones and iPads. Your favorited positions and analysis can be accessed from any device with cloud synchronization via Firebase.
What are the premium features in Option Lens?
Upgrading to Premium unlocks unlimited favorites (free users get 1 max), access to all scored opportunities (free users see the first 2), a full learning library, and advanced analytics. Premium is available via monthly or yearly subscriptions.
Is Option Lens suitable for beginners?
While Option Lens is designed for serious and quantitative traders, its data-driven approach and automated analysis can assist traders of various experience levels. However, options trading itself involves substantial risk.
How often is Option Lens updated?
The app was last updated on July 19, 2026, with version 2.0.0. This indicates a recent update, suggesting ongoing development and maintenance.
What is the cost of Option Lens?
Option Lens is free to download and create an account. Premium features are available through a subscription, with a monthly plan at $9.99 and a yearly plan at $99.99.
