Software Alternatives & Startups

Implied Options VS OptionsCone

Compare Implied Options VS OptionsCone and see what are their differences

Implied Options

Powerful options trading analytics platform

No screenshot yet
Rating
0 reviews
OptionsCone

The option chain as heatmaps on the price chart: probabilities, premium, liquidity and positioning by strike and expiry, next to the stock's realized moves. Free for Windows, Pro available.

Rating
0 reviews
Pricing
Freemium $19.9 / Monthly (Pro Upgrade)
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Finance popularity
100% vs 0%
alternatives listed
37 vs 7

Base details

Website, pricing, platforms and company facts side by side.

Implied Options
OptionsCone
Website impliedoptions.com optionscone.com
Pricing
Freemium $19.9 / Monthly (Pro Upgrade) Official pricing
Platforms —
Windows
Company — Startup from Germany · 2026
Listed in

About Implied Options and OptionsCone

In their own words, as submitted to SaaSHub.

Implied Options
OptionsCone

No description of Implied Options yet.

OptionsCone turns the option chain into heatmaps on the price chart: touch and expiry probabilities, implied volatility, open interest, spreads, time value and premium relative to risk. It compares what option prices imply with what the stock realized. For option traders and for anyone who holds...

Read more about OptionsCone

Features and specs

What each product offers, as listed by its team.

Implied Options 5 features
OptionsCone 6 features
  • User-Friendly Interface
    Implied Options offers an intuitive and easy-to-navigate interface, making it accessible for both novice and experienced traders to analyze options data efficiently.
  • Comprehensive Data
    The platform provides a wide range of options data, including historical and implied volatility, helping users make informed trading decisions.
  • Real-Time Updates
    Implied Options offers real-time data updates, ensuring that users have access to the latest market movements and can react promptly to changes.
  • Educational Resources
    The platform provides educational materials and tutorials that can help users, especially beginners, understand options trading better.
  • Customizable Alerts
    Users can set up customizable alerts to receive notifications for specific market conditions, enabling timely trading actions.

Possible disadvantages

  • Subscription Costs
    Access to the full range of features on Implied Options may require a subscription, which could be costly for some traders.
  • Complexity for Beginners
    While the interface is user-friendly, the depth of data and tools could be overwhelming for those new to options trading without prior knowledge.
  • Feature Limitations
    Some users might find limitations in features compared to other advanced trading platforms, particularly if they have specialized needs.
  • Dependence on Internet Connection
    The platform requires a stable internet connection for optimal use, which might be an issue for users in areas with unreliable connectivity.
  • Learning Curve
    Despite the educational resources, some users might still experience a learning curve to fully utilize the platform's potential and features.
  • Probability cone
    The probability that each strike is touched before expiry, or finishes beyond it, from option prices.
  • GEX heatmap
    Where dealer hedging can slow moves down or speed them up, with the gamma flip and the call and put walls.
  • Option heatmaps
    Implied volatility, open interest, volume and bid-ask spread for each strike and expiry, at a glance.
  • Realized odds 5y and 10y
    Touch and expiry odds from industry-standard probability models built on the stock's realized moves.
  • Light and dark mode
    Comfortable to read in any light.
  • Automatic Updates
    New versions install with one click, and your tickers and settings are kept.

Analysis

An editorial look at what each product does well and who it suits.

Implied Options
OptionsCone

Overall verdict

  • Implied Options appears to be a specialized options trading tool, but there is limited widely-available independent information to definitively verify its quality, so potential users should evaluate it carefully with a trial before committing.

Why this product is good

  • Focuses specifically on options analysis and implied volatility, which can help traders make more informed decisions
  • May offer data visualization and analytics tools tailored to options strategies
  • Could save time by consolidating options-related metrics in one platform

Recommended for

  • Active options traders looking for volatility and pricing analysis tools
  • Intermediate to advanced investors comfortable with options strategies
  • Traders who want dedicated analytics beyond standard brokerage platforms
  • Users willing to test the platform via a trial before subscribing

No analysis of OptionsCone yet.

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Implied Options
OptionsCone
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

Questions & Answers

As answered by people managing Implied Options and OptionsCone.

What makes your product unique?

OptionsCone's answer:

OptionsCone shows a stock's options as a probability cone directly on the price chart, so every strike and expiry is visible at once instead of in a table. It puts the odds from option prices next to the realized odds from the stock's own moves of the last five and ten years, so you can see where the market prices in more or less movement than the stock has shown.

Why should a person choose your product over its competitors?

OptionsCone's answer:

Most options tools show a chain as a table or a profit-and-loss chart for one trade. OptionsCone shows the whole picture as heatmaps on the price chart, and compares option prices with the stock's realized moves. It runs on your own computer, keeps every chain you download in a local archive, and the free version already covers the probability cone and all option-price maps.

How would you describe the primary audience of your product?

OptionsCone's answer:

Option sellers, such as covered call, cash secured put and credit spread traders, who want realistic odds, premium, liquidity and positioning for each strike. Also stock holders who want to know how likely a price target, a stop level or a break-even is to be reached.

Which are the primary technologies used for building your product?

OptionsCone's answer:

A Windows desktop app built with Python and a compiled Rust core for the calculations, with a web-based interface.

What's the story behind your product?

OptionsCone's answer:

OptionsCone grew out of a study on stop losses in September 2026: how often is a stop level hit, and how does that compare with what option prices imply? Turning those odds into a picture on the price chart became the probability cone. It is built by Nikolai Alexander, who has worked on quantitative research on financial markets for over ten years.

User comments

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