Option Omega Pricing
Pricing
Institutional quality, priced for retail
Start with Essential to backtest, or go Premium to backtest, optimize, and automate. Every backtesting plan includes our MCP server for AI agents. Change tiers anytime from the billing portal.
Lite
Modeling
$24.99/mo
billed annually, trial available
Start with Lite- Instantly visualize any strategy - with live payoff diagrams & full greeks
- Drag strikes & expirations and watch P&L, breakevens, and risk update in real time
- No spreadsheets, no math — see exactly how much you can make or lose before you ever trade
- Cancel Anytime
Essential
Backtesting
$49.99/mo
billed annually, trial available
Start backtesting- Backtest the most liquid symbols, including SPX, SPY, QQQ, IWM, AAPL, MSFT, AMZN, NVDA, TSLA, TLT, GLD, and IBIT
- MCP server: backtest natural language strategies with AI agents like Claude and ChatGPT
- 1,000 Backtests per Day
- Combine Multiple Tests Using Portfolios
- 10 Backtest Optimizations per Day (50 tests each)
- Cancel Anytime
Plus
Backtesting + Modeling
$74.99/mo
billed annually, trial available
Start with Plus- All Lite Features
- All Essential Features
- MCP server: backtest natural language strategies with AI agents like Claude and ChatGPT
- 1,000 Backtests per Day
- 10 Backtest Optimizations per Day (50 tests each)
- Cancel Anytime
Premium
Trading + Backtesting + Modeling
$249.99/mo
billed annually, trial available
or $100 off with tastytradeMonthly billing, qualifying accounts See the offer →or $0/mo with TradeStationMonthly billing, qualifying accounts See the offer →Start automating- All Plus Features
- MCP server: backtest natural language strategies with AI agents like Claude and ChatGPT
- 4,000 Backtests per Day
- 250 Backtest Optimizations per Day (500 tests each)
- Trade the most liquid symbols including SPX, SPY, XSP, QQQ, IWM, AAPL, MSFT, AMZN, NVDA, TSLA, TLT, GLD, and IBIT
- 100 Opening Automation Executions per Day
- Cancel Anytime
Plans & billing
Questions about plans
Trials, switching tiers, cancelling, and monthly versus annual billing.
Browse all questionsCan I get Premium free?
Yes, through TradeStation. Link a TradeStation account with at least $25,000, route at least 75% of your live automated trades through it, and TradeStation pays for your monthly Premium subscription every month you qualify. Details and terms are at optionomega.com/partners/tradestation/.
What plans are available?
Four tiers: Lite (modeling), Essential (backtesting), Plus (backtesting + modeling), and Premium (trading + backtesting + modeling). Premium includes everything. Essential, Plus and Premium also include our MCP server, so AI agents like Claude and ChatGPT can run backtests for you. You only ever need one active subscription.
Which plans include the MCP server?
Essential, Plus and Premium, free trials included. The MCP server lets AI agents like Claude and ChatGPT backtest natural language strategies and run optimizations and portfolios in your account, using the same daily limits as our app. Lite doesn't include it.
Can I upgrade, downgrade, or switch plans later?
Yes, anytime, from the self-service billing portal in the web app (Settings → Billing). When you change tiers your existing subscription is prorated and discounted against the new one.
Can I cancel anytime?
Yes. Manage or cancel your subscription in Settings → Billing → Manage Subscription. If you're on the Premium tier, remove your broker connections, pause new trades, and close existing positions before downgrading.
Is it monthly or annual?
Both. Pay month-to-month or save with annual billing. There's no long-term contract, and you can switch between monthly and annual from the billing portal.
What is Option Omega?
Option Omega is an options trading platform with three connected products: Modeling to visualize any strategy, a powerful Backtester to pressure-test it against real historical data, and Automation to trade it live across your brokerage — all in one place, with no code.