While I was away from YouTube, I built an options analysis web platform that I wish I had years ago. It's called the Option Modeler, and it's live now at projectoption.com.
I created a full feature walkthrough video so you can see it in action:
Option Modeler Features
Plug in any stock and option combination, and instantly see your P/L curves right now, at expiration, or any date in between. No spreadsheets, no guessing. This makes your positions crystal-clear.
Modeled Iron Condor using the Option Modeler
The part I'm most proud of is the modeling. You can shift implied volatility up or down and watch your P/L curves reshape in real time — so you can see exactly what happens to your position if IV spikes or gets crushed:
And if you're thinking about adjusting a position — rolling a spread, adding a hedge, turning a naked put into a spread — the adjustment modeler shows your current P/L curves alongside the adjusted P/L curves so you can compare before committing:
Modeling a covered call roll and comparing P/Ls
Everything runs on live market data across 4,000+ U.S. equities and ETFs. You can save unlimited portfolios and load them in one click to track how your modeled positions evolve over time.
Who is the Option Modeler For?
Beginners wanting to learn options much faster. Master any options strategy by visualizing the payoffs at entry through expiration. No guessing what your exposure is.
Anyone wanting to paper trade strategies and visualize the performance.
Traders wanting to quantify and optimize trading decisions, such as initial setups and adjustments.
It's already helped me avoid some bad trades and helps me trade more confidently. Even with 14 years of options experience, being able to clearly visualize every position and adjustment has been extremely valuable.
Launch Promotion
Through March 31st, there's a launch promotion:
→ Monthly: $10 off/month for your first 3 months ($49/mo instead of $59) → Annual: $100 off your first year ($32/mo — $379 instead of $479). Save $299 or 44% compared to monthly on the first year.
If you try it and don't like it, or it doesn't prove valuable in your trading, just let me know at chris@projectoption.com within the first 30 days and I'll provide a full refund. No questions asked.
Please let me know if you have any questions.
— Chris
P.S. The free tools are still free — all strategy calculators and IV Stats aren't going anywhere. Option Modeler is for when you want live data, saved portfolios, and the full modeling suite.
Disclaimer This information has been prepared solely for informational purposes. This communication may not be reproduced or disseminated without the consent of Chris Butler or projectoption. Past results are not indicative of future performance. Changes in economic conditions will affect the returns in different ways. Markets involve a risk of a loss. All information herein is from sources believed to be reliable but have not been independently verified. No representation or warranty can be given with respect to the accuracy or completeness of the information, and is subject to updating, revision, and amendment. projectoption and its affiliates disclaim any and all liability relating to this information, including without limitation any express or implied representations or warranties for statements contained in, and omissions from, this information. Prospective customers to any service provided by projectoption should consult their own financial consultant, legal counsel, and accountants as to financial, tax, legal, and related matters concerning their subscription to projectoption services. No part of this presentation constitutes financial, tax, or legal advice.
Options involve risk and are not suitable for all. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options. The information in this document is provided solely for general education and information purposes. No statement within this communication should be construed as a recommendation to buy or sell a security or futures contract or to provide advice. Past performance does not guarantee future results.
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