OptionStrat alternative: a market scanner next to a strategy builder

Different tools for different steps

OptionStrat's Optimizer works from a view on one stock. According to its features page, you give it a sentiment or a target price, a target expiration date, and your risk tolerance, and it searches thousands of potential trades for that setup. Its Builder lets you start from one of more than 50 strategy templates, including calendars, diagonals, double diagonals, ratio spreads, and jade lizards, and see how the position behaves as price, time, and volatility change.

OptionClaws started from the other end. You choose a strategy, such as covered calls, iron condors, or put credit spreads, and filters such as probability of profit, max loss, days to expiration, IV rank, market cap, earnings dates, and liquidity. The scanner checks the whole market and returns ranked trades that match, each with a payoff chart and probability of profit. OptionStrat's features page does not describe a screener that works across tickers this way. OptionClaws now has its own builder and optimizer for the next step, with fewer templates than OptionStrat's builder.

Where OptionStrat offers more

If you already know the ticker and want to fine-tune the position, OptionStrat still covers more ground.

• More structures: over 50 strategy templates in its builder, versus 23 templates in the OptionClaws builder (plus custom legs).
• Unusual options flow, including large spreads and condors, with saved filters and web and mobile alerts on the Live Flow plan. OptionClaws has no flow data and no alerts.
• A free tier with delayed data and limited access to each feature. OptionClaws has no ongoing free tier, only a free trial for new accounts.
• A longer track record as a builder and optimizer. The OptionClaws builder and optimizer launched in October 2026.
• Futures data, listed on its membership page. OptionClaws does not offer futures data.

Where OptionClaws fits

OptionClaws is useful before you have a ticker. It is built for questions like which large-cap stocks have iron condors with at least a 70% modeled chance of profit and max loss under $500, or which covered calls 30 to 45 days out avoid earnings.

• Full-market scanning for 23 strategies, from single-leg calls and puts to spreads, iron condors, straddles, strangles, butterflies, ratio spreads, calendars, and diagonals, plus custom scans of up to 4 legs.
• 80+ filters including fundamentals, 29 curated presets, saved scans and watchlists, with quotes refreshed intraday.
• A strategy builder, an optimizer that ranks trades for a target price and date, and a trade journal with broker CSV import, all in the same subscription.
• Connectors for ChatGPT and Claude included in the subscription, plus Grok and Claude Code, so you can describe a scan in plain English, price a position, or log a trade from chat. We found no AI connector on OptionStrat's features or membership pages.
• A free trial with no card, then a 7-day free trial on paid plans. OptionStrat also offers a 7-day trial on its paid plans; we did not verify whether it asks for a card.

Using both together

Many traders use both. A common flow: run an OptionClaws scan to find candidates, for example put credit spreads on liquid stocks with no earnings before expiration, then adjust the trade in the OptionClaws builder or open the ticker in OptionStrat to compare more structures and volatility scenarios. If you also want flow data, OptionStrat's Live Flow plan covers it; if you want a journal of the trades you take, OptionClaws has one.

Price and trial

As of September 2026, OptionStrat Live Tools and OptionClaws both list $39.99 per month. Annually, Live Tools is $419.99 and OptionClaws is $399.99. OptionStrat's Live Flow plan, which adds unusual options flow, is $99.99 per month or $999.99 per year, and its free tier gives delayed data with limited access. OptionClaws has one paid plan with every feature and a 7-day free trial, and new accounts get a free trial with no card. Check each pricing page for current offers before subscribing.

Frequently asked questions

Is OptionClaws a replacement for OptionStrat?

Partly. OptionStrat is mainly a strategy builder, per-trade optimizer, and flow tool; OptionClaws is a full-market scanner that now also has a builder, an optimizer, and a trade journal. If you rely on flow data, futures, or OptionStrat's larger template library, keep OptionStrat.

Does OptionStrat scan the whole market for trades?

Its features page describes the Optimizer as finding trades from a sentiment or target price and a target expiration, which is a per-trade search, and flow tools that detect large or unusual trades. It does not describe a cross-market strategy screener. OptionClaws is built around that kind of scan.

Which one is free?

OptionStrat has a free tier with delayed data and limited access to each feature. OptionClaws has no ongoing free tier for scanning (logging trades in its journal stays free); new accounts get a free trial with no card, and paid plans start with a 7-day free trial.

Can I use either from ChatGPT or Claude?

OptionClaws includes connectors for ChatGPT, Claude, Grok, and Claude Code. We found no AI connector on OptionStrat's features or membership pages when we checked in September 2026.

Do both have mobile apps?

Yes. OptionStrat links iOS and Android apps from its site, and OptionClaws has iOS and Android apps alongside the web app.

Sources

• OptionStrat features (checked 2026-09-28)
• OptionStrat membership and pricing (checked 2026-09-28)

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