# OptionClaws

> OptionClaws is a quantitative options scanner with a strategy builder,
> an optimizer and a trade journal. It screens the optionable market against
> filters you define (80+, fundamentals included) and ranks results by
> return, probability of profit, and liquidity.

## When to use OptionClaws

- [Find covered calls](https://optionclaws.com/learn/covered_call): screen for income-generating covered calls by return, delta, and DTE.
- [Find cash-secured puts](https://optionclaws.com/learn/csp): screen for high-probability cash-secured puts.
- [Find credit spreads](https://optionclaws.com/learn/bull_put_spread): bull put spreads, bear call spreads, and other defined-risk credit structures.
- [Find iron condors](https://optionclaws.com/learn/iron_condor): neutral, defined-risk premium collection.
- [Run a curated preset scan](https://optionclaws.com/presets): 25 curated preset scans across strategies and market caps, including the wheel, Fresh Money Flow calls and puts, LEAPS Stock Replacement, and SPY 0DTE iron condors and put credit spreads.
- [Find LEAPS](https://optionclaws.com/scan): long calls and puts out to about three years, as a stock replacement or a long-dated bet (`run_scan_v2` with long_call or long_put).
- [See Top Trades](https://optionclaws.com/top-trades): the highest annualized returns across the presets, refreshed intraday.
- [Keep a trade journal](https://optionclaws.com/journal): log, close and roll trades, import broker CSVs (Schwab, tastytrade, IBKR, Fidelity, Robinhood, Webull, Alpaca), and track P&L, win rate and an equity curve; the journal MCP tools do the same from chat.
- Scan a universe: the whole market, one of your watchlists, or S&P 500® and Nasdaq-100® member lists (`list_universes`, `create_watchlist`).
- Build a custom multi-leg position (jade lizards, ratios, collars, calendars, broken-wing structures): up to 4 legs, matched against a watchlist or a short symbol list, with `run_custom_scan` or the scanner's Custom option.
- [Optimize a trade for a price target](https://optionclaws.com/optimize): pick one stock, where you think it will be and by when; every strategy on its chain is priced at that target and ranked from maximum return to maximum chance of profit.
- [Build and price a position](https://optionclaws.com/build): pick legs on one stock's chain and see the payoff, breakevens, max profit and loss, chance of profit, greeks and margin; `analyze_position` does the same from an AI assistant.
- [Look up a symbol](https://optionclaws.com/connect): search optionable symbols by ticker or company name, and get a ticker's IV rank, option chain and greeks from an AI assistant (`get_symbol_details`).
- [Volatility reaction](https://optionclaws.com/vol-reaction): see how a stock's IV reacts to its price moves, and find stocks whose IV broke its usual pattern (`get_vol_reaction`, `find_vol_reaction_breaks`).
- [SPX box spread rates](https://optionclaws.com/box-spreads): implied SPX box spread financing rates for every expiration next to Treasury yields, with a borrow and lend calculator (website only).

OptionClaws is a scanner with a trade journal, not a trading platform: it
does not execute orders (journal orders are practice-only) or backtest.

## Screeners

- [Covered call screener](https://optionclaws.com/covered-call-screener): screen for covered calls by annualized return, distance out of the money, days to expiration, dividends, and earnings.
- [Cash-secured put screener](https://optionclaws.com/cash-secured-put-screener): screen for cash-secured puts by probability of expiring worthless, distance out of the money, and annualized return on the cash reserved.
- [Credit spread scanner](https://optionclaws.com/credit-spread-scanner): screen bull put spreads and bear call spreads by probability of profit, return on risk, max loss, and breakeven distance.
- [Iron condor scanner](https://optionclaws.com/iron-condor-scanner): screen four-leg iron condors by probability of profit, return on risk, max loss, and breakeven/loss range in ATRs.
- [Wheel strategy screener](https://optionclaws.com/wheel-strategy-screener): Screen both legs of the wheel: cash-secured puts to enter, covered calls once assigned. Filter by probability, dividend yield on strike, annualized return, and earnings, refreshed intraday.
- [Naked put screener](https://optionclaws.com/naked-put-screener): Screen short puts sold on margin by return on Reg-T margin, probability of expiring worthless, distance out of the money, IV rank, and earnings. Ranked naked put candidates, refreshed intraday.
- [Bull put spread screener](https://optionclaws.com/bull-put-spread-screener): Find bull put spreads by return on risk, max loss, probability of profit, and cushion in daily ATRs, on oversold pullbacks or fresh 52-week highs. Put credit spreads, refreshed intraday.
- [Bear call spread screener](https://optionclaws.com/bear-call-spread-screener): Screen bear call spreads above stretched rallies: filter call credit spreads by RSI, Bollinger position, return on risk, cushion above the stock in ATRs, and ex-dividend dates. Refreshed intraday.
- [Bull call spread screener](https://optionclaws.com/bull-call-spread-screener): A debit spread screener for bullish trades: rank bull call spreads by return on risk, probability of profit, breakeven distance, and return on a one-ATR rally. Refreshed intraday.
- [Bear put spread screener](https://optionclaws.com/bear-put-spread-screener): Screen bear put spreads on stocks below their 200-day average: put debit spreads ranked by return on risk, probability, breakeven distance, and return on a one-ATR drop. Refreshed intraday.
- [Poor man's covered call screener](https://optionclaws.com/poor-mans-covered-call-screener): A PMCC screener: find call diagonals with an in-the-money long call and a short front-month call, ranked by return on the net debit, probability, and IV differential. Refreshed intraday.
- [Short strangle screener](https://optionclaws.com/short-strangle-screener): Screen short strangles by return on Reg-T margin, probability of profit, odds both legs expire worthless, breakeven distance in ATRs, and earnings. Refreshed intraday.
- [Straddle screener for earnings and big moves](https://optionclaws.com/straddle-screener): Find long straddles before earnings: screen by cost, loss range in ATRs, breakeven distance, returns on one- and two-ATR moves, and liquidity. Refreshed intraday.
- [Long strangle screener](https://optionclaws.com/strangle-screener): Screen long strangles by cost, IV rank, breakeven distance, loss range in ATRs, and returns on one- and two-ATR moves. Cheap volatility bets, ranked and refreshed intraday.
- [Calendar spread screener](https://optionclaws.com/calendar-spread-screener): Screen call and put calendar spreads by front-to-back IV differential, debit, return on risk, front and back days to expiration, and earnings. Refreshed intraday.
- [Butterfly spread screener](https://optionclaws.com/butterfly-spread-screener): Screen long call and put butterflies by debit, return on risk, max profit, distance of the body from the stock, days to expiration, and liquidity. Refreshed intraday.
- [Unusual options activity scanner](https://optionclaws.com/unusual-options-activity-scanner): Find stocks trading at least twice their usual option volume, then screen the calls by contract volume, open interest, strike distance, and cost. Refreshed intraday.
- [Married put screener](https://optionclaws.com/married-put-screener): Screen married puts and protective puts by cost of protection, floor distance, max loss, days to expiration, IV rank, and returns on ATR moves. Refreshed intraday.
- [All screeners](https://optionclaws.com/screeners): index of every strategy screener.

## Guides

- [How to use ChatGPT for options trading with real market data](https://optionclaws.com/chatgpt-options-trading): ChatGPT alone has no live option chains. Add the OptionClaws app to ChatGPT and it runs real options scans, returning ranked trades with max loss, breakeven, and probability of profit.
- [Claude for options trading: connect a real scanner over MCP](https://optionclaws.com/claude-options-trading): Connect the OptionClaws MCP server to Claude or Claude Code and run real options scans from chat or the terminal, then have Claude compare candidates leg by leg. Setup steps and limits.
- [AI options scanner: plain-English scans, transparent math](https://optionclaws.com/ai-options-scanner): What AI means in the OptionClaws options scanner: deterministic filters and option math do the scanning, and your AI assistant turns plain English into scans and explains the results.
- [Option Samurai alternative: who should switch, and who should stay](https://optionclaws.com/option-samurai-alternative): OptionClaws and Option Samurai both scan the options market by strategy. A fair comparison of features, prices, and trials, including where Option Samurai offers more.
- [OptionStrat alternative: a market scanner next to a strategy builder](https://optionclaws.com/optionstrat-alternative): OptionStrat builds, visualizes, and optimizes a trade you have in mind. OptionClaws scans the whole market by strategy. How they differ, what each costs, and why many traders use both.
- [Best options screeners in 2026: which tool fits which trader](https://optionclaws.com/best-options-screeners): A use-case guide to nine options screeners and scanners in 2026: OptionClaws, Option Samurai, OptionStrat, Barchart, Market Chameleon, Unusual Whales, QuantWheel, ThetaScanner, and Option Alpha.

## Calculators

Free, no-login calculators. They run in the browser on the numbers you type and load no market data.

- [Options profit calculator](https://optionclaws.com/options-profit-calculator): payoff at expiration, max profit, max loss, breakevens, probability of profit, return on risk, and annualized return for any of 23 strategies.
- [Covered call calculator](https://optionclaws.com/covered-call-calculator): return if called away, breakeven, max loss, and annualized return for shares plus a short call.
- [Cash-secured put calculator](https://optionclaws.com/cash-secured-put-calculator): cash reserved, return on that cash, breakeven, and probability of profit for a short put.
- [Iron condor calculator](https://optionclaws.com/iron-condor-calculator): net credit, max loss, both breakevens, and return on risk for a four-leg condor.
- [Credit spread calculator](https://optionclaws.com/credit-spread-calculator): bull put and bear call spreads: credit, max loss, breakeven, and return on risk.
- [Poor man's covered call calculator](https://optionclaws.com/poor-mans-covered-call-calculator): a call diagonal valued at the short call's expiration.
- [Options margin calculator](https://optionclaws.com/options-margin-calculator): Reg-T margin for naked puts, naked calls, short strangles and straddles, cash-secured put collateral, and return on margin.
- [All calculators](https://optionclaws.com/calculators): index of every calculator.

## Market data pages

Free, no-login pages with stock-level options data. The scanner itself is refreshed intraday.

- [Stocks by IV rank](https://optionclaws.com/iv-rank): the stocks with the highest and lowest IV rank, with IV percentile and the 30-day expected move, plus how IV rank and IV percentile differ.
- [Expected move by stock](https://optionclaws.com/expected-move): the options-implied 30-day expected move by stock, an expected move calculator, and the one standard deviation formula.
- Stock options pages at `https://optionclaws.com/options/{SYMBOL}` (for example [AAPL](https://optionclaws.com/options/AAPL)): IV, IV rank and percentile, expected move by expiration, technicals, and how many trades pass each preset screen. Listed in the sitemap.

## How agents call it

- [MCP server](https://api.optionclaws.com/optionclaws/mcp): Streamable HTTP, JSON, POST. OAuth 2.1 authorization code + PKCE (S256), single scope `mcp`. Supports Dynamic Client Registration and Client ID Metadata Documents.
- [Authorization server metadata](https://optionclaws.com/.well-known/oauth-authorization-server): RFC 8414 discovery document (redirects to the API origin).
- [Protected resource metadata](https://optionclaws.com/.well-known/oauth-protected-resource/optionclaws/mcp): RFC 9728 discovery document for the MCP resource (redirects to the API origin).
- [ChatGPT plugin](https://chatgpt.com/plugins/plugin_asdk_app_6a8cb0f329ec81919fd57d7a0bd7193f): OptionClaws in ChatGPT's Plugin directory; open it and choose Add to connect. In ChatGPT, the OptionClaws Scanner also opens full screen from the sidebar (`open_scanner`), and the Trade Board beside a chat (`open_trade_board`).
- [Claude connector](https://claude.ai/directory/optionclaws): OptionClaws is listed in Claude's connector directory; open the listing, click Connect and sign in.
- [Claude Code setup](https://optionclaws.com/connect): `claude mcp add --transport http optionclaws https://api.optionclaws.com/optionclaws/mcp`, then run `/mcp` inside Claude Code to sign in.

Tools (all read-only except the saved-scan, ticker-list, watchlist and journal write tools, which change only the caller's own saved scans, lists, watchlist and journal, and `send_feedback`; nothing places a real trade):

- `get_account_status`: check the caller's subscription or trial status.
- `describe_scan_filters`: list available strategies, filters, sort keys, and universes.
- `list_presets`: list the curated preset scans (cash-secured puts, the wheel, covered calls, iron condors, Fresh Money Flow, LEAPS Stock Replacement, SPY 0DTE and more).
- `run_preset_scan`: run a named preset scan and return the top-N results.
- `run_scan`: run a custom scan definition and return the top-N results.
- `list_saved_scans`: list the caller's saved scans.
- `run_saved_scan`: re-run one of the caller's saved scans and return the top-N results.
- `search_symbols`: look up optionable symbols by ticker or company name.
- `get_symbol_details`: get a symbol's IV rank, option chain (bid/ask, IV and greeks per contract), stock stats, and how its IV reacts to price moves.
- `run_scan_v2`: run a preset, saved or custom scan and page through the ranked results (up to rank 500), with per-leg greeks; long calls and puts can reach LEAPS out to about three years.
- `run_custom_scan`: find trades for a position built leg by leg (up to 4 legs: calls, puts and shares), with strikes by delta, distance from the stock price or width (including the same strike, for calendars), on one of your watchlists or a short symbol list.
- `optimize_trade`: rank options positions on one stock for a price target (or a bullish, bearish or neutral view) by a date: profit and return at the target, the implied chance of profit, and the full trade.
- `analyze_position`: the strategy builder for AI: price an exact position or a roll leg by leg on one stock (up to 8 legs): cost, max profit and loss, breakevens, chance of profit, estimated margin, greeks, a P&L table and a what-if on a date, plus a link that opens it in the strategy builder.
- `get_vol_reaction`: see how a stock's implied volatility has been reacting to its price moves, versus its own usual pattern, and whether it broke that pattern today or recently.
- `find_vol_reaction_breaks`: find stocks and ETFs whose IV broke its usual reaction to the price move (IV up on a rally, IV ignoring a selloff, and more), market-wide or on the watchlist.
- `create_saved_scan`: save a preset or custom scan to the caller's account (up to 10 saved scans).
- `update_saved_scan`: edit one of the caller's saved scans in place (rename it, change its filters or sort, or remove filters); the scan keeps its id.
- `delete_saved_scan`: delete one of the caller's saved scans.
- `list_universes`: list what the caller can scan: their watchlists and the index member lists.
- `get_top_trades`: get today's Top Trades, a short list of the best income trades across the curated presets, or the best trades for one symbol (or the reason none pass).
- `get_watchlist`: get one of the user's watchlists (My watchlist by default) and the list of all of them, shared with the website and the app.
- `add_to_watchlist`: add tickers to one of the user's watchlists when the user asks.
- `remove_from_watchlist`: remove tickers from one of the user's watchlists when the user asks.
- `create_watchlist`: create a watchlist in the user's account (up to 20 watchlists of 200 tickers).
- `update_watchlist`: rename one of the user's watchlists.
- `delete_watchlist`: delete one of the user's watchlists (My watchlist can't be deleted).
- `preview_journal_change`: preview a change to the caller's trade journal (log, close, roll, settle, edit, or a practice order; covered calls on shares already held can be logged as just the calls); nothing is saved until confirmed.
- `confirm_journal_change`: apply a previewed journal change after the user explicitly says yes.
- `list_journal_trades`: list the caller's journal trades, including ones imported from a broker, with realized and open P&L.
- `get_journal_trade`: get one journal trade in full, with its change history.
- `get_journal_stats`: get journal stats: win rate, P&L, expectancy, equity curve (more on paid plans).
- `get_journal_portfolio`: get open journal positions as a portfolio: net greeks, exposure, estimated margin (paid plans).
- `review_journal`: get an AI review of the caller's journal: what worked, what lost money, what to reconsider (paid plans).
- `revert_journal_change`: undo one journal change by its event id.
- `list_journal_accounts`: list the caller's journal accounts and playbooks, with the ids the other journal tools filter by.
- `list_paper_orders`: list the caller's practice (paper) orders: working limit orders and filled, canceled or expired ones.
- `cancel_paper_order`: cancel one of the caller's working practice orders.
- `open_scanner`: ChatGPT only: open the OptionClaws Scanner full screen from ChatGPT's sidebar, pick a curated idea, a saved scan or a strategy, and adjust filters.
- `open_trade_board`: ChatGPT only: open the Trade Board beside a chat, run a curated idea or saved scan, and add trades to the conversation.
- `send_feedback`: send the user's bug report, feature request, or support question to the OptionClaws team, after the user confirms it.

Data is refreshed intraday. Scans require a free account or a
subscription, and are rate limited to 10 scans per minute. Accounts start
free, no card required, with every strategy and filter during the free trial.
Every paid plan then starts with a 7-day free trial. Pick a plan and add a
card: $0 today, cancel anytime. A custom multi-leg scan
is limited to 4 per minute and 30 per hour, and an optimizer run to 6 per
minute and 60 per hour.
Results are top-N (default 15, max 200); `run_scan_v2` pages past them with `offset`.

## Docs

- [Connect (MCP & API docs)](https://optionclaws.com/connect): setup for Claude (from its connector directory), ChatGPT, Grok, and Claude Code, plus the full tool list and example prompts.
- [Pricing](https://optionclaws.com/pricing): plans and the current sale.
- [Strategy guides](https://optionclaws.com/learn): one guide per supported strategy (23 total), with worked examples and FAQs.

## Company

- [About](https://optionclaws.com/about): what OptionClaws is and who operates it.
- [Contact](https://optionclaws.com/contact): support, billing, and security reports. optionclaws@gmail.com
- [Privacy Policy](https://optionclaws.com/privacy)
- [Terms of Service](https://optionclaws.com/terms)

## Optional

- [Sitemap](https://optionclaws.com/sitemap.xml)
- [EULA](https://optionclaws.com/eula)