What's new

OptionsCone is developed continuously. New versions install themselves with one click from inside the app.

1.4.0 · November 2026

The realized odds become forward-looking, and Pro gains maps that show sellers what a short option is worth and what it can cost.

Pro: New model: adaptive. The same models as 10y, adjusted to each stock's current conditions, the events ahead and how this particular stock typically responds to them.
Pro: Implied vs realized now compares option prices with the adaptive model.
Pro: New map: expected value. What a short option is worth at expiration, as a share of its premium, with the minimum premium for a positive expected value.
Pro: New maps: average and tail risk per premium. What a short option can cost at expiration, on average and in the bad cases.
Pro: The adaptive model and the new risk maps replace the 5y model and the premium per unit risk map.
Pro: Where a figure is too uncertain, the map is now hatched instead of greyed out, so the colors stay readable.
Free: A click on a locked Pro function shows an example of what it does.
Fixed: Entering a key in an installed Pro no longer freezes the Pro window.

OptionsCone Pro, a Windows installer and updates from inside the app.

Pro: OptionsCone Pro with the realized odds 5y and 10y, implied vs realized, premium per unit risk and the gamma exposure map (GEX).
Pro: Buy Pro and enter your key inside the app, and Pro installs itself. The subscription is managed in the app.
Windows installer. New versions install with one click.
New volume map. The arrow keys move between contracts.
Faster downloads: each expiry appears as soon as it is ready.
Light and dark theme.

Maps for option sellers.

New maps: time value per day, implied vs realized, premium per unit risk.
Click a contract to keep its tooltip open across all maps.
Clicking the active map again hides the cone, so the contour lines can be read on their own.

First release.

The probability cone: touch and expiry probabilities for every listed contract, with contour lines, implied volatility, open interest and spread maps, and earnings dates.
A clear warning when quotes come from outside trading hours.
Delta and gamma from the same model as the implied volatility, comparable with a broker's.

Next: new guides and more for option sellers.