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Uncomplicating options trading

Collect credit upfront. Know your max risk before you trade. Keep the money if the stock stays in range.

Try a quick demo below or sign up to start trading.

If ACME stays $43.00 for 13 days, you will keep the $18.50 credit.

Collateral: $100 · Max loss: $81.50 · Return: 22.7% · Success: 71.7%
ACME $44.70 +0.55 (+1.25%)
O: $44.15
H: $45.67
L: $44.07
C: $44.70
$44.70
Expires
Collateral

What happens after you trade?

See how credit spreads play out — from collecting credit to expiration.

ACME Put Credit $50.00 / $45.00 put Credit $1.20 30 DTE
Thesis: stock stays above $50.00 through expiration
Day 0 of 30
Short sold $50.00 put
$1.85 $1.85 × 100
Long bought $45.00 put
$0.65 $0.65 × 100
Credit
+$1.20
Close Cost
-$1.20
P/L
+$0.00 (+0.0%)

Repeatable Strategies

Found criteria that work? Save them as a strategy and reuse them.

Example strategy

"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."

Odessati scans the market on your schedule, finds matching opportunities, and can place trades based on your criteria.

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.

You know what you'll earn

The credit you receive is yours to keep if the trade works out.

You know what you could lose

Your maximum loss is capped. No surprises.

You pick the odds

Choose strikes closer to the price for more reward, or further away for better odds.

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

Connect a free Tradier sandbox account and place paper trades. 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, connect a sandbox account, and start paper trading for free. We'll introduce paid plans later, but early users will get special consideration.

What's a sandbox account?

It's a practice 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 paper trading, nothing — the sandbox gives you virtual 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. They offer commission-free options trading with a monthly subscription. We connect to your 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 paper trading. No credit card required.

Sign Up Free

Risk 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.