OptionScout
optionscout.ai
An options scanner that scores every play in a chain, gamma exposure levels on any US ticker, an AI advisor and paper trading, with a free daily allowance.
What it is
OptionScout combines four tools. The Scanner takes a ticker, evaluates the plays in its option chain and ranks them with a 0 to 100 Scout Score across directional trades, spreads, iron condors and covered calls, explaining each pick in plain English with its Greeks. The gamma exposure view shows call walls, put walls, the gamma flip and expected move on a chart. The AI Advisor pulls the chain, levels, screeners and news to talk through a trade and returns a trade card with computed numbers. Paper trading uses live prices.
The free plan is a daily allowance rather than a trial: three scans and three advisor chats a day, GEX levels on every US ticker but the full heatmap and chart only on SPY and QQQ, a three-ticker watchlist and a $25,000 paper account. Trader ($29 a month, $19 billed annually) makes scans and chats unlimited, opens the GEX heatmap on all tickers and adds alerts, CSV export and seven days of flow history. Pro ($79 a month, $59 billed annually) adds a trade journal, 20-second GEX refresh, historical GEX snapshots, webhook alerts and 30 days of flow history.
Every account starts with seven days of Pro; a card is required but nothing is charged before day seven.
Key features
- Strategy scanner
- Ranks the plays in a ticker's option chain with a 0 to 100 Scout Score and a plain-English reason for each.
- Gamma exposure
- Call and put walls, gamma flip and expected move on charts, refreshed every 60 seconds (every 20 seconds on Pro).
- AI Advisor
- Chat that runs live chain, level and screener lookups plus web and X search, and shows each step it took.
- Paper trading
- Live-price paper portfolios of $25K (Free), $100K (Trader) or $250K (Pro).
- Daily gamma briefing
- A 9:00 ET email with GEX levels for SPY, QQQ and IWM on every plan.
- Unusual activity
- Today's unusual options activity on Free; 7 days of flow history on Trader and 30 days on Pro.
Pricing
| Plan | Price | What you get |
|---|---|---|
| Free | $0 | 3 scans and 3 advisor chats a day, GEX heatmap on SPY/QQQ only, 3-ticker watchlist, $25K paper account |
| Trader | $29/mo or $19/mo billed annually | Unlimited scans and chats, GEX heatmap on all tickers, email alerts, CSV export, 7-day flow history, $100K paper account |
| Pro | $79/mo or $59/mo billed annually | Trade journal, multiple portfolios, 20-second GEX refresh, historical GEX, webhook alerts, 30-day flow history, $250K paper account |
New accounts get 7 days of Pro free; a card is required but not charged before day 7.
Free option: Three scanner runs and three AI advisor chats a day, GEX levels on all US tickers with the full heatmap on SPY and QQQ, the daily gamma email, a three-ticker watchlist and a $25,000 paper portfolio.
Checked September 25, 2026 on optionscout.ai. Prices change; confirm on the provider's site before you subscribe.
Strengths
- A permanent free plan with live data, not just a trial
- Scanner explains why each strategy ranks where it does
- GEX levels available on every US ticker even on the free plan
- Paper trading built in to test ideas before using real money
Limitations
- Free plan is capped at three scans and three advisor chats a day
- The GEX heatmap and chart on tickers other than SPY and QQQ need a paid plan
- Flow history is short: 7 days on Trader and 30 days on Pro
- No order execution; trades must be placed at your own broker
Good fit for
- Options traders who want a shortlist of strategies for a ticker
- Traders who use gamma levels to set strikes and targets
- Newer options traders practising on paper before trading live
Look elsewhere if
- Traders who mainly want a full real-time options flow tape
- Anyone who wants automated execution at a broker
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OptionScout questions
Is OptionScout free?
Yes. The free plan gives three scans and three AI chats a day, GEX levels on all US tickers and a $25,000 paper account. Paid plans start at $29 a month.
What is the difference between Trader and Pro?
Trader makes scans and chats unlimited and opens the GEX heatmap on every ticker. Pro adds a trade journal, 20-second GEX refresh, historical GEX snapshots, webhook alerts and 30 days of flow history.
Is there a free trial of OptionScout Pro?
Yes. New accounts get seven days of Pro; a card is required but nothing is charged before day seven.
Can I trade from OptionScout?
Only on paper. It has live-price paper trading, but real orders go through your own broker.
Written from OptionScout's own website and documentation. All Trading Tools lists and compares tools; it does not recommend trades or give financial advice. Sources: optionscout.ai, optionscout.ai/pricing.