Market Chameleon alternative: a full-market options scanner
By OptionClaws · Updated 2026-11-04
If you want a Market Chameleon alternative that ranks options trades across the whole market, OptionClaws is a scanner for 23 strategies and custom multi-leg scans, with a strategy builder, a price-target optimizer, and a trade journal. If you want deep volatility and earnings research, Market Chameleon is the stronger product: its Premium plan lists $99 per month and adds research reports, large option trades, and CSV downloads that OptionClaws does not match. They answer different questions: a research site tells you how a stock has behaved, and a scanner finds trades that fit your rules, which is why many traders use both. This page compares the two using Market Chameleon's public pages as read on November 4, 2026.
Key facts
- Market Chameleon Premium lists $99 per month with a 7-day free trial; the card is charged for the first month if you do not cancel before the trial ends. It also has a free Starter tier.
- Market Chameleon is stronger on research: peer group volatility analysis, implied volatility charts and term structure, an earnings calendar with implied move, historical earnings with straddle cost and price impact, large option trades, and CSV downloads (25 per rolling 24 hours on Premium).
- Market Chameleon has covered call and naked put screeners with 15+ filters each, plus bull call, bull put, bear call, and bear put spread screeners. OptionClaws scans 23 strategies and custom scans of up to 4 legs, ranked across the whole market.
- OptionClaws adds 80+ filters, 29 curated presets, Top Trades, a strategy builder, a price-target optimizer, and a trade journal with broker CSV import. It has no backtesting and does not place trades.
- OptionClaws includes a ChatGPT app (listed in ChatGPT's directory) and a Claude connector, plus web, iPhone, and Android apps. It has one plan with every feature; see /pricing for the current price and trial.
| OptionClaws | Market Chameleon | |
|---|---|---|
| Main job | Full-market options scanner, plus a strategy builder, optimizer, and trade journal | Options and stock research: volatility, earnings, option trades, plus screeners |
| Strategy screeners | 23 strategies, plus custom scans of up to 4 legs | Covered call and naked put screeners (15+ filters each); bull call, bull put, bear call, and bear put spread screeners |
| General option screener | 80+ filters including fundamentals, 29 curated presets, saved scans | Per-expiration option screener with more than 25 columns of technical indicators; Premium saves filter presets |
| Volatility research | IV rank filter and a page for each ticker | Peer group volatility analysis, historical realized volatility, implied volatility charts, and term structure at 30, 60, 90, and 120 days |
| Earnings research | Earnings date filters | Earnings calendar with implied move; historical and future earnings with straddle cost and price impact |
| Large trades and order sentiment | Not covered on this page | Large option trades screener (Premium: 50+ contracts, last 10 trading days) and order flow sentiment |
| Downloads | Not covered on this page | CSV downloads: 25 per rolling 24 hours on Premium, 2 during the trial |
| Watchlists | Watchlists and saved scans | Custom stock watchlists and custom option strategy watchlists, single or multi-leg |
| Builder, optimizer, journal | Strategy builder, price-target optimizer, trade journal with broker CSV import | Not checked |
| AI assistants and apps | ChatGPT app and Claude connector; web, iPhone, Android | Not checked |
| Free tier | See /pricing | Free Starter tier |
| Price (Nov 2026) | One plan with every feature, see /pricing | Premium $99/month |
| Free trial | See /pricing | 7 days; card charged for the first month if not cancelled |
Where Market Chameleon is the stronger choice
Market Chameleon's Premium page leads with research, and on research it goes well beyond OptionClaws. If your work starts with understanding a stock's volatility and earnings behavior, it is the better tool.
- Volatility research: peer group volatility analysis, historical realized volatility by type, price performance against the expected range over the last 20 days, and implied volatility charts with term structure at 30, 60, 90, and 120 days. OptionClaws has an IV rank filter and a page for each ticker, not this depth.
- Earnings research: a future earnings dates report, an earnings calendar with implied move, and historical and future earnings with straddle cost and price impact.
- Large option trades and order flow sentiment: Premium shows trades of 50+ contracts for the last 10 trading days, option trades for one underlying going back up to 60 trading days, and the ratio of calls to puts bought on the offer.
- Data downloads: Premium allows 25 CSV downloads per rolling 24 hours, and it saves filter presets and downloads for its option screener. OptionClaws has no bulk data download.
- Breadth of reports: dividend analysis and calendars, closed-end fund analysis, market-on-close imbalances, VWAP data, and stock and ETF screeners (its ETF screener covers more than 1900 funds).
- A free Starter tier. Market Chameleon links a free Starter tier and free newsletters from its header, and its Premium page contrasts what basic users see, such as large trades of 200+ contracts for today only.
- Support material: weekly webinars and YouTube tutorials.
How the strategy screeners compare
Market Chameleon's Premium page describes a covered call screener with 15+ filters across tens of thousands of call options in dozens of expirations, and a naked put screener with 15+ filters and more than a dozen columns of metrics. Its menu also lists bull call, bull put, bear call, and bear put spread screeners, and a per-expiration option screener with more than 25 columns of technical indicators. Premium saves filter presets and lets you download results. A menu is not a full feature list, so check its site for any structures beyond the ones above.
OptionClaws scans 23 strategies in one scanner: single-leg calls and puts, covered calls, cash-secured puts, naked puts, the four vertical spreads, iron condors, straddles, strangles, butterflies, ratio spreads, calendars, diagonals, and married puts. It also runs custom scans of up to 4 legs. You set filters such as probability of profit, max loss, days to expiration, IV rank, earnings dates, market cap, and liquidity, and the scanner ranks the matching trades across the whole market, each with a payoff chart, probability of profit, and margin figures. Quotes are refreshed intraday.
Try OptionClaws free
Works in ChatGPT and Claude, on the web, and in the iOS and Android apps. Free trial · No card required.
Where OptionClaws fits
OptionClaws is the better fit when you want ranked, market-wide trade ideas rather than research on one stock. It is built for questions like which stocks have iron condors with a high modeled chance of profit and a capped max loss, or which put credit spreads sit outside the expected move.
- 23 strategies and custom multi-leg scans in one product, with 80+ filters including fundamentals and 29 curated presets.
- Top Trades, a curated feed, and a page for each ticker that shows its trades.
- A strategy builder with payoff charts, and a price-target optimizer: give it a symbol, a target price or view, and a date, and it ranks trades for that setup.
- A trade journal with broker CSV import, so the trades you take are tracked where you found them.
- A ChatGPT app and a Claude connector, included in the subscription, so you can describe a scan in plain English, price a position, or log a trade from chat.
- Web, iPhone, and Android apps.
What OptionClaws does not do
OptionClaws does not backtest strategies and does not place or execute trades. It is a scanner with a builder, an optimizer, and a journal, not a research terminal: it does not match Market Chameleon's depth of volatility and earnings reports, and it has no bulk data download. Nothing it shows is a recommendation or financial advice.
Using both together
Many traders keep a research site and a scanner. A common approach: run an OptionClaws scan to find candidate trades, such as put credit spreads on liquid stocks with no earnings before expiration, then study the ticker's volatility, term structure, and earnings history on Market Chameleon before you decide. The scan narrows the whole market, and the research checks the story behind a candidate.
Price and trial
Market Chameleon's Premium page lists $99 per month. Its Total Access page offers a 7-day free trial and says the card is charged for the first month if you do not cancel before the trial ends. During the trial, CSV downloads are limited to 2 per rolling 24 hours. It also has a free Starter tier. OptionClaws has one plan with every feature, and the current price and trial are on the pricing page. Plans and prices change, so check each site before you subscribe.
What we did not check
We read Market Chameleon's Premium and Total Access pages and its home page menu. We did not check whether it has a mobile app, a ChatGPT app, a Claude connector, or other AI assistant integrations, so we make no claim either way. We also did not test its screeners, so how its results compare with OptionClaws in practice is something to judge during each trial.
Frequently asked questions
- What is a good Market Chameleon alternative for finding options trades?
- OptionClaws is a full-market scanner for 23 strategies and custom multi-leg scans. You choose a strategy and filters, and it ranks matching trades across the whole market, each with a payoff chart and probability of profit. It also has a builder, an optimizer, and a trade journal.
- Is Market Chameleon better than OptionClaws?
- For volatility and earnings research, yes: it offers peer group volatility analysis, implied volatility term structure, an earnings calendar with implied move, large option trades, and CSV downloads, and OptionClaws does not match that depth. For ranked, market-wide trade ideas across 23 strategies, plus an optimizer and a journal, OptionClaws is built for that.
- How much does Market Chameleon cost?
- Its Premium page lists $99 per month, with a 7-day free trial; the card is charged for the first month if you do not cancel before the trial ends. It also has a free Starter tier. OptionClaws has one plan with every feature, and its current price and trial are on the pricing page.
- Does Market Chameleon have strategy screeners?
- Yes. Its Premium page describes a covered call screener and a naked put screener with 15+ filters each, and its menu lists bull call, bull put, bear call, and bear put spread screeners. OptionClaws scans 23 strategies, including iron condors, straddles, butterflies, calendars, and diagonals, and custom scans of up to 4 legs.
- Can I download data from OptionClaws like I can from Market Chameleon?
- No. Market Chameleon Premium allows 25 CSV downloads per rolling 24 hours, and OptionClaws has no bulk data download. OptionClaws shows each trade with a payoff chart and probability of profit in the app, and has a trade journal with broker CSV import.
- Can I use OptionClaws from ChatGPT or Claude?
- Yes. OptionClaws has a ChatGPT app, listed in ChatGPT's directory, and a Claude connector, both included in the subscription. You can describe a scan in plain English, price a position, or log a trade from chat. See the connect page for setup. We did not check whether Market Chameleon offers either.
Sources
- Market Chameleon Premium (checked 2026-11-04)
- Market Chameleon Total Access (trial) (checked 2026-11-04)
- Market Chameleon home page (screener menu, free Starter tier) (checked 2026-11-04)
Related
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