Pick from pre-defined option structures — straddles, strangles, iron condors, butterflies, calendars, ratios. Customise strikes, hedges and exits. Backtest. Deploy live in your broker. We never custody your funds.
Crafting a strategy from scratch and executing four legs manually into a broker terminal — no SL, no target, no automation — is a rollercoaster. It's a cycle of profits, near-misses, missed exits, and screen-time you didn't sign up for. Options Wizard takes the structural decisions you've already made and turns them into a running algorithm in about two minutes.
A feature for option traders to quickly build algorithmic option strategies. Choose from a list of pre-defined structures — straddles, strangles, iron condors, butterflies, calendars, ratios — and customise strikes, target prices, stop-loss orders, trailing SL, and overall MTM cuts. Backtest, paper trade, or deploy live, in any of the 100+ supported brokers.
Straddles, strangles, iron condors, butterflies, calendars, ratio spreads — start from a structure your brain already speaks.
Customise strikes and per-leg details to match your trading preferences. Same wizard, your numbers.
Target prices, stop-loss, trailing stop-loss — applied at the leg level or the strategy level. Overall MTM profit and loss cuts to lock the day.
Time-based, price-based, MTM-based exits, ready to drop in. Automate the decision before you're in the moment.
You can now backtest Option Wizard strategies on years of real option-chain data — holidays, results, IV / HV all in.
Wizard-built strategies deploy directly to your brokerage account. Tradetron never touches your money.
Need RSI, ADX, supertrend, VWAP, ALMA on top of the option structure? Take the wizard-built strategy into the Advanced Strategy Builder and layer indicator-based entries on the wizard's legs. Note: once you do, the strategy won't reopen in the wizard (except for advanced or marketplace settings).
No. The Options Wizard is designed to be accessible to both beginners and experienced traders. Prior experience helps but isn't required.
Tradetron's pricing applies — see the pricing page for current tiers.
Yes — customise strikes, leg quantities, hedges and exits. Same structure, your numbers.
Directly through your brokerage account. Tradetron orchestrates execution; orders go into your connected broker via official API.
Free paper trading. A subscription only when you take a strategy live.
