We stand behind the Option Wizard 100%.
If the Option Logic does not perform the automated functions advertised - calculating Spread Scores, Slippage Alerts, or Journaling and our support team cannot resolve the technical issue within 14 days, we will issue a full refund.
Please Note:
License Deactivation: Upon a processed refund, your unique License Key will be permanently blacklisted in our database.
Any Refund will be for Option Logic subscription only.
If the Option Logic does not perform the automated functions advertised - calculating Spread Scores, Slippage Alerts, or Journaling and our support team cannot resolve the technical issue within 14 days, we will issue a full refund.
Please Note:
License Deactivation: Upon a processed refund, your unique License Key will be permanently blacklisted in our database.
Any Refund will be for Option Logic subscription only.
OptionLogic is designed for income traders who want clear, actionable decisions rather than dozens of theoretical metrics. Instead of emphasizing Greeks, we prioritize ROI, Market Structure, Slippage Analysis, and Assignment Recovery to help you evaluate trades using practical, transparent calculations.
Option Logic requires a connection to Alpha Vantage to pull live prices for tickers like QBTS. Simply head to the Settings tab and paste your unique Alpha Vantage API key. Once entered, the warning will disappear and your data will sync.
Not at this time. Option Logic is custom-tuned to the Alpha Vantage API to ensure the highest level of accuracy for our Spread Scores and calculations.
No it does not and here is why VWAP is not included
VWAP (Volume Weighted Average Price) is a popular indicator used primarily for intraday trading and execution timing.
Option Logic focuses on options selling strategies (such as selling puts and covered calls), where decisions are based on:
Strike selection
Time to expiry
Probability and distance from price
Multi-day momentum (RSI)
Expected move and volatility
Because of this, VWAP - which reflects short-term, intraday price positioning - does not significantly improve strike selection or overall trade quality in this context.
When VWAP might be useful. VWAP can be helpful if you are:
Timing entries within the same trading day
Actively trading or scalping options
Looking for intraday support/resistance levels
For most options selling strategies, trades are held over multiple days or weeks, making broader indicators more relevant than intraday averages.
Design philosophy - Option Logic prioritizes:
Clarity over complexity
Signals that directly impact decision-making
A clean, focused interface
Additional indicators like VWAP may be considered in future versions if they provide meaningful value without adding unnecessary noise.
VWAP (Volume Weighted Average Price) is a popular indicator used primarily for intraday trading and execution timing.
Option Logic focuses on options selling strategies (such as selling puts and covered calls), where decisions are based on:
Strike selection
Time to expiry
Probability and distance from price
Multi-day momentum (RSI)
Expected move and volatility
Because of this, VWAP - which reflects short-term, intraday price positioning - does not significantly improve strike selection or overall trade quality in this context.
When VWAP might be useful. VWAP can be helpful if you are:
Timing entries within the same trading day
Actively trading or scalping options
Looking for intraday support/resistance levels
For most options selling strategies, trades are held over multiple days or weeks, making broader indicators more relevant than intraday averages.
Design philosophy - Option Logic prioritizes:
Clarity over complexity
Signals that directly impact decision-making
A clean, focused interface
Additional indicators like VWAP may be considered in future versions if they provide meaningful value without adding unnecessary noise.
Option Logic uses a focused set of indicators designed specifically for options selling strategies (such as selling puts and covered calls). Each indicator is chosen based on its ability to improve strike selection, risk awareness, and consistency.
RSI (Relative Strength Index) - Momentum
RSI measures multi-day price momentum on a scale from 0 to 100.
Low RSI → Potentially oversold → Favorable for selling puts
High RSI → Potentially overbought → Favorable for selling calls
RSI helps identify market conditions, not exact entry points.
Distance from Price - Risk Buffer
Measures how far a strike is from the current stock price.
Greater distance = more safety
Less distance = higher premium but more risk
This is one of the most important factors in controlling downside risk.
Expected Move - Probability Context
Based on implied volatility, the expected move estimates how far the stock is likely to move over the option’s time frame.
Strikes outside the expected move are generally lower risk
Strikes inside the expected move carry higher probability of being tested
ROI (Return on Investment) - Income Efficiency
Calculates the return relative to capital at risk.
Higher ROI = more income
Lower ROI = more conservative positioning
Used to balance reward vs safety.
Slippage / Liquidity - Execution Quality
Evaluates how easily an option can be traded.
Tight spreads = better fills
Wide spreads = potential hidden cost
Helps avoid trades that look good on paper but perform poorly in execution.
Fear Factor - Market Conditions
A proprietary metric that adjusts how aggressive or conservative selections should be.
Higher values → more caution (wider strikes preferred)
Lower values → more flexibility
Acts as a dynamic risk control layer across all trades.
How They Work Together
No single indicator makes a decision.
Instead, Option Logic uses a multi-factor scoring system that combines:
Momentum + Distance + Probability + Return + Liquidity + Market Conditions
This approach provides a more balanced and consistent selection process than relying on any one signal alone.
Design Philosophy
Option Logic intentionally avoids overloading users with indicators.
Only signals that directly impact options selling decisions are included, ensuring:
Clear decision-making
Reduced noise
Faster analysis
RSI (Relative Strength Index) - Momentum
RSI measures multi-day price momentum on a scale from 0 to 100.
Low RSI → Potentially oversold → Favorable for selling puts
High RSI → Potentially overbought → Favorable for selling calls
RSI helps identify market conditions, not exact entry points.
Distance from Price - Risk Buffer
Measures how far a strike is from the current stock price.
Greater distance = more safety
Less distance = higher premium but more risk
This is one of the most important factors in controlling downside risk.
Expected Move - Probability Context
Based on implied volatility, the expected move estimates how far the stock is likely to move over the option’s time frame.
Strikes outside the expected move are generally lower risk
Strikes inside the expected move carry higher probability of being tested
ROI (Return on Investment) - Income Efficiency
Calculates the return relative to capital at risk.
Higher ROI = more income
Lower ROI = more conservative positioning
Used to balance reward vs safety.
Slippage / Liquidity - Execution Quality
Evaluates how easily an option can be traded.
Tight spreads = better fills
Wide spreads = potential hidden cost
Helps avoid trades that look good on paper but perform poorly in execution.
Fear Factor - Market Conditions
A proprietary metric that adjusts how aggressive or conservative selections should be.
Higher values → more caution (wider strikes preferred)
Lower values → more flexibility
Acts as a dynamic risk control layer across all trades.
How They Work Together
No single indicator makes a decision.
Instead, Option Logic uses a multi-factor scoring system that combines:
Momentum + Distance + Probability + Return + Liquidity + Market Conditions
This approach provides a more balanced and consistent selection process than relying on any one signal alone.
Design Philosophy
Option Logic intentionally avoids overloading users with indicators.
Only signals that directly impact options selling decisions are included, ensuring:
Clear decision-making
Reduced noise
Faster analysis
Once we get past a certian subscription level we will provide a data plan to your subscribers. It is just too costly to offer this right now.
Absolutely! Both the STO and BTO Journals can be filtered by Ticker, Expiry Date and Status. For example the Expiry Date column allows you to filter any way you prefer even between two dates! Once the table is filtered the Overall Summary is recalculated to match the filtered records.
OptionLogic doesn't predict the market or tell you what to buy. Instead, it transforms live option chains into meaningful trading decisions. OptionLogic is like a translator!
Yes it is! We have a tab dedicated with a
built-in Quick Start Guide and Manual
built-in Quick Start Guide and Manual
At this time no but we will be exploring this option in the near future.
Most tools stop once you've been assigned.
OptionLogic doesn't.
Assignment Recovery analyzes current and future expiries to identify covered call opportunities that may help reduce your cost basis and improve your overall return. Instead of recommending a single trade, it presents multiple recovery scenarios so you can compare the potential outcomes using objective calculations.
That's the OptionLogic philosophy:
Show the outcomes—not an opinion.
OptionLogic doesn't.
Assignment Recovery analyzes current and future expiries to identify covered call opportunities that may help reduce your cost basis and improve your overall return. Instead of recommending a single trade, it presents multiple recovery scenarios so you can compare the potential outcomes using objective calculations.
That's the OptionLogic philosophy:
Show the outcomes—not an opinion.
If you're looking for another platform that simply displays option chains, OptionLogic probably isn't for you.
Most option trading platforms provide data. OptionLogic is designed to help you make better trading decisions with that data.
Instead of overwhelming you with hundreds of option contracts and dozens of technical metrics, OptionLogic organizes the information into visual comparisons and objective calculations that help you quickly identify opportunities, compare potential outcomes, and manage positions with confidence.
Features like ROI Comparison, Market Structure (Put Walls, Call Walls and Max Pain), Assignment Recovery, Slippage Analysis, and Performance Tracking help transform complex option chains into information that's easier to understand and act upon.
Whether you're evaluating a new trade or managing an existing position, every feature is designed around one goal:
Transform option chains into trading decisions—not predictions.
Most option trading platforms provide data. OptionLogic is designed to help you make better trading decisions with that data.
Instead of overwhelming you with hundreds of option contracts and dozens of technical metrics, OptionLogic organizes the information into visual comparisons and objective calculations that help you quickly identify opportunities, compare potential outcomes, and manage positions with confidence.
Features like ROI Comparison, Market Structure (Put Walls, Call Walls and Max Pain), Assignment Recovery, Slippage Analysis, and Performance Tracking help transform complex option chains into information that's easier to understand and act upon.
Whether you're evaluating a new trade or managing an existing position, every feature is designed around one goal:
Transform option chains into trading decisions—not predictions.