One workspace for every options decision
Options Trading Learning Tool (OTL2) started as a way to stop juggling spreadsheets and broker screens when evaluating a trade idea. The goal is simple: put the numbers you need in one place so the decision is clearer and faster.
Open the Calculator →How it works
Enter a position
Pick a stock, choose your legs and expiry date, set strike prices.
Review the analysis
Inspect P/L charts, Greeks, and break-even levels at a glance.
Save and compare
Store your setups, revisit them later, and iterate until the trade is ready.
What the tool is for
OTL2 brings the key pieces of options analysis into one view so you can evaluate a trade idea before placing it.
- Chart profit and loss across a range of underlying prices.
- See Greeks and break-even levels alongside the payoff diagram.
- Iterate on strikes and expiries without starting over.
- Save any setup and reload it later for comparison or review.
The blog
The blog covers trade observations, strategy breakdowns, and post-trade reflections — including losses. It complements the calculator by explaining the thinking and assumptions behind the numbers.
Get in touch
Have feedback, a feature idea, or a question? I'd like to hear it. Drop a note to info@otl2.com.