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What is Stratsigma?

Stratsigma operates as a dedicated online platform designed for options analysis and journaling, specifically aimed at active discretionary options traders. Users are equipped with tools to simulate complex multi-leg strategies, refine their trading assumptions, and conduct thorough analyses of payoff charts, T+0 risk profiles, Greeks, implied volatility, theoretical pricing, and future market projections. The platform offers seamless integration with Interactive Brokers and Tradier, enabling efficient order placement and real-time synchronization of trades, while also presenting pending orders and amalgamating fills into clear, coherent trades. Moreover, it features a detailed journal that tracks all aspects of trading, including positions, legs, adjustments, and rolls, in addition to providing equity curves, expectancy calculations, and performance assessments categorized by various strategies and critical metrics. Traders can easily import data from brokerage CSV files and OptionNet Explorer histories, as well as export their trade data and configure alerts for delta and profit-and-loss thresholds. In addition, this browser-based solution includes a Windows Bridge, which allows users to connect directly to the Interactive Brokers Trader Workstation, enhancing their trading capabilities. Ultimately, Stratsigma is designed to simplify the trading experience, improve analysis, and facilitate better decision-making for options traders, making it an invaluable tool in their trading arsenal. With its comprehensive features, it stands out as a pivotal resource in the realm of options trading.

What is OptionTrigger?

OptionTrigger is a targeted desktop application tailored for intraday options traders who aim to effectively manage their single-leg calls and puts by responding to real-time stock price fluctuations. This innovative software harmonizes a TradingView chart, which can be accessed via Chrome or TradingView Desktop, with a local execution engine and an Interactive Brokers account through either TWS or IB Gateway. Users are able to pinpoint take-profit, stop-loss, or trailing levels that are contingent on the stock's behavior, select their preferred option contract, and initiate a purchase by clicking Buy, although it's crucial to understand that setting exit parameters does not automatically trigger an entry order. Once the designated price conditions are met, the application can automatically place sell orders for the executed option position, enabling planned staged exits effectively. Its workspace is designed to monitor trading strategies, active orders, filled positions, and connection status, offering traders a thorough overview of their activities. Furthermore, users have the opportunity to refine their strategies using the integrated simulator or an IBKR paper account, while live trading through IBKR requires a Premium subscription. To ensure successful execution, it is vital that the desktop application, chart, and broker connections remain functional throughout the trading hours. Additionally, one should be aware that broker commissions, market data fees, and third-party subscriptions may lead to extra charges beyond the primary service costs. This combination of features not only allows traders to stay organized but also empowers them to adjust their strategies and enhance their trading skills within a fluctuating market landscape. Ultimately, OptionTrigger serves as a versatile tool for traders seeking to optimize their trading experience.

Media

Media

Integrations Supported

Interactive Brokers
Tradier

Integrations Supported

Interactive Brokers
TradingView

API Availability

API Availability

Pricing Information

$49/user/month
Monthly subscription: $49, cancel anytime. Annual subscription: $499, billed yearly with a 12-month commitment (about $41.58/month). All features are included. A 14-day full-access trial requires no credit card; after the trial, the account becomes read-only unless upgraded.
Free Trial Offered?

Pricing Information

$29.99/month
DEMO and IBKR Paper are free. Premium for live IBKR accounts is $29.99 per month, billed and renewed monthly, or $299 per year, billed and renewed annually. The first annual purchase may be fully refunded within seven days; monthly purchases have no partial-month refund. Broker commissions, TradingView plans, and market-data subscriptions are separate.
Free Version

Supported Platforms

SaaS
Windows

Supported Platforms

Windows
Mac

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Stratsigma LLC

Date Founded

2026

Company Location

United States

Company Website

www.stratsigma.com

Company Facts

Organization Name

OptionTrigger

Date Founded

2025

Company Location

United States

Company Website

optiontrigger.com

Categories and Features

Options Trading

Not specified

Categories and Features

Options Trading

Not specified