Untangle Your Portfolio Risk.
You can see every position and still not know your risk.
"I have tried a lot of options trading software... Yours is perfect."
Understanding your options risk requires seeing the whole picture, not just individual positions or combinations. Where is your delta or vega exposure? How much theta are you collecting? Is that risk concentrated by underlying or expiration? Tables of individual positions make these questions difficult to answer.
OptionsRealTime was built to untangle and explore options risk. It visualizes risk metrics like Greeks, PnL, value, and notional by account, by underlying, by expiration, and by position. Price and vol scenario modeling is built into each exposure view.
If you manage multiple IBKR accounts, all views in the platform reflect your account selection. Choose one, several, or all accounts, and charts, reports, and metrics reconfigure to match. Each account's contribution to the total becomes visible. Accounts that look fine individually may combine to give more exposure in an underlying than desired. Or accounts that look unrelated may combine to provide a hedge. Managing accounts one at a time limits what's visible. Multi-account risk management gives you insight that no single-account view can.
OptionSmart takes your IBKR portfolio and OptionsRealTime's risk analytics, packages them as a structured brief, and makes them ready to paste into any AI: Claude, ChatGPT, Gemini, or Grok. It starts with definitions of the risk parameters and metrics the AI will encounter. It then adds live Greeks from both IBKR and OptionsRealTime's own pricing models, aggregated over your selected accounts. It breaks out risk at the account, underlying, and position level, and includes vol shock and price scenario matrices for each underlying. Account numbers and personal information are stripped before the brief is generated. Nothing is sent to our servers; you decide when the brief leaves your machine, and exactly what it contains. Once pasted, you can ask the AI specific questions about your portfolio: hedging opportunities, risk concentrations, scenario outcomes, anything you want to explore.
The Platform
OptionsRealTime runs on your local network and can connect to multiple IBKR TWS sessions. Charts, tables, reports, and metrics reflect any account combination. Run any number of browser sessions and Excel workbooks at the same time.
Underlying Exposure
See the Impact of a Vol Spike or Price Drop.
- Each bar is one underlying, with color segments showing each account's contribution
- Model price and vol shocks live on the chart
- Scenario-test implied volatility at Market, 10%, 25%, 50%, or 75%
- Shift any underlying from -20% to +20%
- Over 70 metrics: PnL, Greeks, value, intrinsic/extrinsic, notional, and more
- Pareto curve shows where your risk concentrates
- Position filter narrows to any subset
- Right-click any bar to explore filtered reports and charts
OptionSmart
Account Exposure
See Your Risk by Account or Underlying.
- Account view: select an account, see the chosen metric for each of its underlyings
- Underlying view: select an underlying, see the chosen metric in each of its accounts
- Stacked and histogram views
- Model price and vol shocks live
- Position filter narrows to any subset
- Right-click any bar to explore filtered reports and charts
Position Exposure
All Positions Categorized by Risk.
- All positions for any underlying, grouped by account
- Positions colorized by annualized yield of extrinsic value
- Click any account bar to inspect each position, with Greeks, annualized yield, and full metric details
- Select any position to see Bid/Ask, Delta, Theta, Theta₂ ORT, Vega, Notional, Intrinsic, Extrinsic, and more
- Switch between any metric: PnL, Theta, Delta, Vega, and more
- Model price and vol shocks live
- Histogram view groups positions by yield bucket
- Click any bin to inspect the positions inside
- Position filter narrows to any subset
Vol Scenario
Model Price and Vol Moves.
- Metrics plotted for five IV scenario curves: Market, 10%, 25%, 50%, and 75%
- Each curve spans price moves from -20% to +20%
- IBKR reference marker validates model against real values
- More than a dozen metrics: Delta, Gamma, Theta, Vega, PnL, extrinsic value, and more
- Position filter narrows to any subset
- Zooming and panning
Expiry
Visualize Risk Aggregation Through Time.
- PnL, Theta, Extrinsic Value, and more distributed by expiration date
- Portfolio or any underlying
- Total, Calls, Puts, Long/Short, ITM/OTM breakdowns
- 20+ risk metrics
- Position filter narrows to any subset
- Zooming and panning
Excel
Create Your Own Views in Excel
- Receives the same real-time data stream as the other views
- Subscribes to all accounts automatically
- Simple, table-based real-time formulas to access all data
- No code, no macros, just formulas
- Over 100 data fields at account, portfolio, underlying, and position levels
- Model the effects of price and volatility moves on PnL and Greeks directly in your spreadsheet
Underlying Visualization
Intraday PnL and Price Charts for All Your Underlyings.
- Live PnL and price correlation charts for underlyings in selected accounts
- All selected accounts aggregated
- Click any chart to expand to full screen
- Zooming and panning
- Configurable time windows
Portfolio Time Series
Track Profits and Losses Through the Day
- Portfolio-level PnL and Net Liq live throughout the trading day
- Per account and in aggregate
- Configurable time windows
- Zooming and panning
Quotes
Configurable Quote Tiles.
- Aggregate metrics per underlying, including PnL, Greeks, Vega, Theta, and more
- Arrange fields, rows, and columns per tile with the layout tool
- Switch views any time
- Save, name, and load custom configurations, just like the other views
- Drag to reorder tiles
- Sort tiles by any of 20+ metrics, live or on demand
- Expand any quote tile to full screen
- Right-click any tile to explore filtered reports and charts
Metrics
Choose and Arrange Your Portfolio Metrics.
- Sits as a strip above any view in the platform
- Aggregated over selected accounts
- Choose from 100+ fields
- Add, remove, and reorder freely
- Drag and drop metric tiles to any position
- Save and name multiple metric layouts
Theming
Customize Look and Feel with Color and Font Themes.
- Full theme control over colors, fonts, backgrounds, and cell styling
- Applies to tables, charts, bars, and tiles
- Positive and negative value colors configurable independently
- Save multiple named themes and apply them in one click
- Live preview
Reports
Detail and Summary Reports by Underlying or Expiration.
- 100+ fields in any order
- Group by underlying or expiration
- Filter by any combination of underlying, security type, long/short, or expiration
- Position filter narrows to any subset
- Detail and summary views
- Visual customization: zoom, row height, grid styling, alternating row colors, and more
- Right-click any row to explore filtered reports and charts
Data Tables
Streaming Data Tables.
- 350+ data fields in four real-time tables: Position, Underlying, Portfolio, and System
- Position: per-position detail with full Greeks
- Underlying: aggregated Greeks per underlying
- Portfolio: 100+ metrics including Greeks, PnL, value, and notional
- System: data streaming health and diagnostics
- Sortable, configurable columns
- Position filter narrows to any subset
Infrastructure
Rover Keeps Your TWS Connections Alive.
- Monitors all your TWS connections in one place
- Automatically reconnects when TWS drops
- Live connection health at a glance