Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

OptionLedger serves as a specialized trade journal and position tracker designed exclusively for options traders utilizing tastytrade. This platform is tailored for options from the beginning, accommodating equities, indexes, ETFs, and futures while comprehensively understanding complex strategies such as multi-leg configurations, rolls, adjustments, assignments, exercises, and expirations. It features automatic detection of various strategies including iron condors, butterflies, verticals, strangles, straddles, calendars, diagonals, covered calls, and cash-secured puts, allowing users to create and monitor outcomes based on their personalized tactics. One of its key functionalities is the roll chains, where rolls are identified and connected into a cohesive chain, effectively tracking cost basis and profit or loss throughout the entire campaign. Users can view open positions with real-time quotes, P&L, profit curves, break-even points, closure costs, realized profits, and a wealth of additional insights. The platform enables tracking of profits and losses categorized by strategy, underlying asset, or custom tags, while also allowing users to set profit goals, add annotations, and establish price alerts for timely adjustments. OptionLedger integrates seamlessly with tastytrade through its official API, ensuring efficient data flow without the ability to execute trades or transfer funds, thus eliminating the need for CSV imports or manual data entry. It ultimately provides options traders with a comprehensive toolkit to enhance their trading experience and improve their decision-making process.

Description

Maintaining a trading journal is essential for avoiding impulsive and erratic trading behaviors that can lead to significant financial losses. This practice ultimately enhances your proficiency as a trader. Instead of relying on various templates and logs that require tedious daily updates, consider using TradingDiary Pro, a straightforward tool designed for tracking trading performance. It offers seamless one-click import capabilities, diverse configuration options, insightful statistics, and practical reporting features. The intuitive visual charts facilitate a deeper understanding of the psychological aspects of trading, helping you recognize and rectify recurring mistakes while managing your emotions. By utilizing this tool, you can take significant strides towards enhancing your trading effectiveness and achieving the level of success you've always aspired to. Additionally, effective risk management is crucial in trading, particularly when using leverage, as it not only minimizes potential losses but also safeguards your trading account from complete depletion. Embracing these practices can lead to a more disciplined and prosperous trading journey.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

tastytrade Yes 
Ally Invest No 
Charles Schwab No 
DEGIRO No 
FXCM No 
Fidelity No 
Interactive Brokers No 
MetaTrader 4 No 
Microsoft Excel No 
NinjaTrader No 
Qtrade No 
Questrade No 
Scotia iTRADE No 
TD Ameritrade No 
TradeStation No 
thinkorswim No 

Integrations

tastytrade Yes 
Ally Invest Yes 
Charles Schwab Yes 
DEGIRO Yes 
FXCM Yes 
Fidelity Yes 
Interactive Brokers Yes 
MetaTrader 4 Yes 
Microsoft Excel Yes 
NinjaTrader Yes 
Qtrade Yes 
Questrade Yes 
Scotia iTRADE Yes 
TD Ameritrade Yes 
TradeStation Yes 
thinkorswim Yes 

Pricing Details

Free
Free during beta
Free Trial No 
Free Version Yes 

Pricing Details

$149 one-time payment
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

OptionLedger

Founded

2026

Country

United States

Website

optionledger.app

Vendor Details

Company Name

TradingDiary Pro

Country

United States

Website

www.tradingdiarypro.com

Product Features

Alternatives

Alternatives

Tradonite Reviews

Tradonite

Tradonite Ltd.