Uncomplicated options trading
Collect credit upfront. Know your max risk before you trade. Keep the money if the stock stays in range.
Real market data, fake money, no credit card. Or try the quick demo below.
If ACME stays $46.00 for 11 days, you will keep the $18.50 credit.
Where does credit come from?
Credit — real cash another trader pays you upfront. Yours to keep no matter how the trade ends.
Collateral — your own money, locked while the trade is open to cover the worst case. Win: it unlocks. Lose: it covers the loss — never more.
You start with $1,000 in your account. Nothing at risk yet.
You sell a credit spread and another trader pays you the $100 credit on the spot. Your broker locks $500 of your money as collateral for the 14 days the trade is open — it never leaves your account, it's just held.
14 days later the stock stayed in range — a positive outcome. Both options expire worthless, the $500 collateral unlocks, and the $100 credit is yours to keep.
This time the stock broke through your strike — a negative outcome. The collateral covers the loss, but you still keep the $100 credit. Worst case, known before you traded: $400.
What happens after you trade?
See how credit spreads and iron condors play out — from collecting credit to expiration.
Repeatable Strategies
Found criteria that work? Save them as a strategy — it runs on your schedule and only trades when your rules are met.
"Every Monday, find put credit spreads on SPY and QQQ with 14-45 DTE, at least 8% return on risk, and no more than $500 collateral per trade."
Your strategy is saved and armed. It wakes up every Monday — you don't have to.
Monday, 9:45 AM — scanning SPY and QQQ for spreads that meet your rules…
SPY qualifies on all three criteria. Trade placed — and the week rolls on.
Monday again — same scan, same rules…
Nothing qualified this week, so it did nothing. No forced trades, ever.
Monday again — same scan, same rules…
QQQ qualifies this time. Same rules, every week, without you watching.
What's a credit spread?
A credit spread is an options trade where you get paid upfront. You're betting that a stock will stay above (or below) a price you pick for a set number of days. If it does, you keep the money. If it doesn't, you lose a fixed amount — never more than you agreed to risk.
The credit you receive is yours to keep if the trade works out.
Your maximum loss is capped. No surprises.
Choose strikes closer to the price for more reward, or further away for better odds.
Prefer a range to a direction? An iron condor is two credit spreads at once — one below the price, one above. You collect both credits and keep them if the stock stays between your strikes. Only one side can lose, so the risk stays just as defined.
Most people think options are only for experts. They're not. The math behind a credit spread is simple: you're choosing a price, a timeframe, and how much risk you're comfortable with. Odessati handles the rest.
What Odessati does for you
Shows you the trade in plain English
No Greek letters, no jargon. You'll see a sentence like "If AAPL stays above $220 for 14 days, you keep $45."
Calculates the math automatically
Strike prices, collateral, max loss, return on risk, probability of profit — it's all computed for you in real time as you adjust the controls.
Lets you practice with fake money first
Start with a practice account — fake money, no brokerage needed. Learn how everything works without risking a dollar.
Can trade automatically when you're ready
Define your strategy — what to trade, when, and how much risk you want. Odessati will find and execute trades on your schedule.
Common Questions
Do I need options trading experience?
No. Odessati is designed for people who are new to options. The interface shows you exactly what a trade means in plain language — what you'll earn, what you could lose, and how likely it is to work out.
Is this free?
Yes, during beta. You can sign up, get a practice account, and start trading with fake money for free. We'll introduce paid plans later, but early users will get special consideration.
What's a practice account?
It's a trading environment with fake money. You can place trades, watch them play out, and learn how credit spreads work — all without risking real money. It uses real market data, so the experience is realistic.
How much money do I need to start?
For practice trading, nothing — the practice account gives you fake money. For real trading, credit spreads typically require $100-$500 in collateral per trade, depending on how wide you set the spread.
What broker do you work with?
Tradier, for live trading. Practice mode needs no brokerage account at all — you start with fake money instantly. When you're ready for real trading we connect to your Tradier account via OAuth — we never see or store your password.
Can I lose more than I put in?
No. Credit spreads have defined risk. Your maximum loss is always the collateral amount minus the credit you received. It's capped before you enter the trade.
Ready to try it?
Sign up for free. Start with a practice account (fake money). No credit card required.
Sign Up FreeRisk Disclosure: Options trading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. Historical data and backtested strategies shown on this platform are for informational purposes only and do not guarantee future performance. You could lose some or all of your investment. Please consult with a qualified financial advisor before making any investment decisions. Odessati is not a registered investment advisor or broker-dealer.