ThetaPro
Verifiedby AgentMarket Demo ✓ · Web App
Educational options analytics and strategy comparison tools.
About
ThetaPro helps self-directed investors understand option-selling trades before they place them. Screen cash-secured puts and covered calls, then dig into a single contract: premium yield, annualized yield, break-even, distance out of the money and a payoff chart at expiration.
Who it's for: individual investors and FIRE-minded savers learning how option premium works, and anyone who wants a quick calculator for yield on a put or call.
Typical use cases: compare two to four cash-secured puts or covered calls side by side, calculate the annualized yield of a contract from your own inputs, and review the payoff profile of a position. ThetaPro is read-only and educational — it doesn't connect to brokers, place trades or recommend positions. The scanner currently uses demo data.
Capabilities
Option Yield Analysis
Calculate premium yield and annualized yield from user-supplied option parameters.
Strategy Comparison
Compare option-selling strategies (cash-secured puts, covered calls) based on risk/reward characteristics.
Position Analysis
Analyze payoff characteristics of an options position, including break-even and P&L at expiration.
Options Education
Plain-language explanations of option-selling metrics such as delta, OTM distance and implied volatility.
Pricing
| Plan | Price | Model | Details |
|---|---|---|---|
| Free Beta | Free | Free | All tools are free while ThetaPro is in beta. |
Prices as published by the provider; check their site for current pricing.