Volatility HQ
volatilityhq.com
Small, earnings-focused options backtester for straddles, calendar spreads and call ratios, with relative-value and IV charts around reports; still alpha.
What it is
Volatility HQ, run by Phamoos, LLC, is a narrow tool for one kind of options trade: positions opened before an earnings report to trade the rise and collapse of implied volatility. Its backtests cover straddles and calendar spreads, with relative-value charts that compare entry prices across past earnings cycles and implied volatility charts for a straddle and for each leg of a calendar. Around that sit an earnings feed, a scanner, a return matrix and return scanner, a call ratio calculator and a calculator and scanner for income trades outside earnings.
The site describes the service as being at a very early (alpha) stage. It gives no fixed price list: it says that once the platform is released it expects to charge $49.99 a month at a launch price kept for as long as you stay subscribed, rising to around $99.99 a month when more features have been added. Every tool page requires an account, so nothing can be tried before signing up, and the public pages do not say which tickers or how many years of history are covered.
It suits traders who already run earnings volatility trades and want to check past entry prices quickly. Anyone who wants a general-purpose options backtester, published data coverage or a mature product should look at broader tools first.
Key features
- Straddle backtests
- Relative-value charts and a table view for comparing pre-earnings straddle entry prices across past reports.
- Calendar spread backtests
- Implied volatility charts for each leg of a calendar spread around earnings.
- Earnings feed and scanner
- A feed of upcoming reports and a scanner for finding candidates for the backtested strategies.
- Return matrix and return scanner
- Tables of historical strategy returns that can be scanned across tickers.
- Calculators
- A call ratio calculator and a calculator and scanner for income trades outside earnings periods.
- Desktop app
- The menu links to a desktop app alongside the web version; the page requires an account.
Pricing
We could not confirm current prices on Volatility HQ's own site, so none are shown here.
No plans are listed. The homepage says the service is in alpha and that, once released, it expects to charge $49.99/month at a launch price kept while you stay subscribed, and around $99.99/month once more features are added. The billing page requires sign-in.
Checked September 25, 2026 on volatilityhq.com. Prices change; confirm on the provider's site before you subscribe.
Strengths
- Built specifically for pre-earnings straddle and calendar spread trades
- Relative-value charts make it easy to compare today's entry price with past earnings cycles
- Implied volatility shown for each leg of a calendar, not just the combined spread
- Several calculators and scanners bundled with the backtester
Limitations
- The provider describes the service as alpha, with pricing to be set on release
- Every tool page requires an account; nothing can be viewed before signing up
- Ticker coverage, data source and length of history are not stated on the public pages
- Covers a narrow set of strategies (straddles, calendars, call ratios, income trades) rather than general options backtesting
Good fit for
- Options traders who trade implied volatility crush around earnings
- Traders comparing calendar spread entries across past reports
Look elsewhere if
- Traders who want a general options backtester with custom multi-leg strategies
- Anyone who needs published data coverage or a free plan before committing
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Volatility HQ questions
How much does Volatility HQ cost?
The site gives no current price list. It says it expects $49.99 a month at a launch price once released, and around $99.99 a month later.
What can Volatility HQ backtest?
Pre-earnings straddles and calendar spreads, with relative-value and implied volatility charts, plus call ratio and non-earnings income calculators.
Is Volatility HQ free to try?
The public pages mention no free plan or trial, and all tool pages require an account.
Is Volatility HQ a finished product?
No. The homepage describes it as being at a very early (alpha) stage.
Written from Volatility HQ's own website and documentation. All Trading Tools lists and compares tools; it does not recommend trades or give financial advice. Sources: volatilityhq.com, volatilityhq.com/accounts/signup, volatilityhq.com/backtester/straddle.