About Optionscanner

By Rohan Fernandes, Founder, Optionscanner · Updated 2026-09-28 · Educational reference, not investment advice

What is Optionscanner?

Optionscanner is an analytics dashboard for options traders. It scans a stock universe for technical signals, analyzes options chains with a Black-Scholes greeks engine, scores expirations, screens defined-risk spread structures against rule-based entry criteria, and monitors open positions against the exit rules the user adopted. An AI coach explains what is on screen; deterministic rules produce every number it explains.

How it started

Optionscanner began as a personal project with one goal: cut the time and effort it takes to analyze an options structure. Options are derivatives, and they are complex. A contract's value moves with the stock price, the time left to expiration and implied volatility all at once, and a single trade often combines two to four contracts. Working out whether one structure made sense meant reading chains, running the arithmetic by hand and checking it again.

The software was built around the same practice and discipline used in real trading: rules written down before the trade, risk defined before entry, and an exit plan in place from the first day. It applies those rules the same way every time, including on the days a person would be tempted to skip them.

From a personal tool to an open book

As the project grew, a second purpose took over: being fully transparent about how options work and about how the tool arrives at every insight it shows. That is now the design rule for everything in it.

• Every number shows its inputs. A score, a probability or a price range on screen traces back to the data and the rule that produced it.
• You set every rule. Every knob is yours to adjust: delta bands, credit and width floors, risk budgets, earnings blackouts, profit targets and exit rules. The tool works to the rule set you adopt, on your terms.
• The methodology is public. The methodology pages quote the thresholds from the code as deployed, including where each measure can mislead.
• The learning library is free to read. The Learn library holds articles, a glossary, calculators and video walkthroughs with full transcripts, written for people who are new to options and for traders who want to take their options knowledge further.
• An AI coach explains it in plain English. Ask what a card means, why a rule fired or how a structure behaves, and the coach answers from the same numbers that are on the screen. It cannot place an order and it cannot change a rule.

The measures on these pages, such as IV rank, volatility risk premium and probability of profit, are only useful to a reader who understands what they measure and where they mislead. Publishing the methodology lets readers judge the numbers instead of trusting them blindly.

Who builds it?

Optionscanner is built by Rohan Fernandes, the founder, and operated by Avenix Solutions LLC. The engineering is AI-assisted and developed under the founder's direction and review. Questions and feedback reach the team at support@optionscanner.ai.

Rohan Fernandes on LinkedIn · X · Crunchbase · Product Hunt · Indie Hackers

Optionscanner on YouTube · Crunchbase · Wikidata · AlternativeTo

What it deliberately is not

Optionscanner is not a broker-dealer and not a registered investment adviser. It does not open, hold, or maintain brokerage accounts; a user links their own brokerage account, and that link is revocable by the user at any time. The software describes what its rules found in market data. Every trading decision belongs to the person reading the screen.