Analyze and optimize your options portfolio

Decision-support software for selling put options – connected to Interactive Brokers. Helps you evaluate options and visualize possible portfolio configurations.

This software is for information and analysis only. It does not constitute investment advice. You make investment decisions at your own risk.

Free download

Why OptimizeOptions?

  • 📊

    Pareto optimization

    Multiple objectives at once: e.g. return, risk, and diversification. The Pareto front visualizes possible trade-offs – no buy or sell recommendation.

  • ✓

    Selection support

    Computes a ranking or selection from the Pareto set using the TOPSIS method. For presenting results only, not investment advice.

  • 🔗

    Interactive Brokers integration

    Read options from TWS/IB Gateway and use them for analysis. Data comes directly from IB – no manual copying.

  • ⚡

    Fast & local

    Runs entirely on your PC. No cloud, no subscriptions – you keep control of your data.

Get started in three steps

  1. 1

    Download

    Download the Windows version and run the application. No installation required – portable use.

  2. 2

    IB data packages

    For live options data you need an Interactive Brokers account and the right market data subscriptions (see FAQ). Set up once at IB – then OptimizeOptions uses the data directly.

  3. 3

    Go

    Start TWS or IB Gateway, analyze options, review and trade in TWS.

Frequently asked questions

What are the system requirements for OptimizeOptions?
Windows 10 or newer. The app runs locally; no installation needed – unzip the ZIP and run the EXE.
What market data do I need from Interactive Brokers?
For live options data you need the appropriate paid IB market data subscriptions. You can find the exact packages in your IB account under Market Data Subscriptions.
  • US options: OPRA (US options exchanges) – (NP, L1) includes prices, Greeks, open interest, etc. for US options across US options exchanges (CBOE, etc.).
  • US stocks: NASDAQ (Network C / UTP) – (NP, L1) includes prices for NASDAQ-listed stocks such as Apple, Microsoft, ...
  • US stocks: NYSE (Network A / CTA) – (NP, L1) includes prices for NYSE-listed stocks such as Coca-Cola, Disney, ...
  • US stocks: NYSE American, BATS, ARCA, IEX and Regional Exchanges (Network B) (NP, L1) includes prices for ETFs and smaller stocks such as Under Armour, Lumen Technologies, ...

You need at least the OPRA package and at least one equity package. Subscriptions can typically be cancelled monthly. As of February 2026, resellers such as Lynx typically charge around $1.50 USD per package. Fees may be waived with sufficient trading activity.

Is the software free?
The download is free. There are no subscription or license fees for OptimizeOptions. Your IB account and market data may incur costs.
Does OptimizeOptions replace investment advice?
No. The software is for information and analysis only. You make investment decisions at your own risk.

Download

OptimizeOptions for Windows. Current version for direct download.

Download OptimizeOptions

ZIP archive. Unzip and run the EXE. No installation required.