VOL. XCIV, NO. 247

★ FINANCIAL TOOLS & SERVICES DIRECTORY ★

PRICE: 5 CENTS

Monday, October 6, 2025

Head-to-head

Options Profit Calculator vs Portfolio123 comparison

Compare pricing, supported platforms, categories, and standout capabilities to decide which tool fits your workflow.

Quick takeaways

Options Profit Calculator adds Options P&L, and Options & Derivatives coverage that Portfolio123 skips.

Portfolio123 includes Screeners, Quant, Portfolio, Correlation, Calendar, APIs & SDKs, Data APIs, Broker Connectors, and Data Visualizations categories that Options Profit Calculator omits.

Options Profit Calculator highlights: Strategy calculators for basic, spread, and advanced option structures, including multi-leg setups (2–8 legs)., ROI tables show profit/loss across both price and time, with line charts that can include stock performance comparisons., and Option Finder scans liquid contracts and suggests optimal calls, puts, or spreads by target price/date, using implied volatility derived from mid/last prices..

Portfolio123 is known for: Build custom multi-factor ranking systems and rank stocks by universe, sector, or industry., Spreadsheet-style screening with formulas (including Piotroski F-Score) across current and historical data., and Backtesting with realistic assumptions for slippage, commissions, buy/sell rules, position sizing, and hedging..

Options Profit Calculator logo

Options Profit Calculator

optionsprofitcalculator.com

Free web-based toolkit for visualizing options strategies and profit/loss scenarios. Quotes are delayed 15–30 minutes. A paid membership adds advanced calculators, a backtester with 20+ years of data, and an ad-free experience. Real-time data is listed as “coming soon.”

Platforms

Web

Pricing

Free
Subscription

Quick highlights

  • Strategy calculators for basic, spread, and advanced option structures, including multi-leg setups (2–8 legs).
  • ROI tables show profit/loss across both price and time, with line charts that can include stock performance comparisons.
  • Option Finder scans liquid contracts and suggests optimal calls, puts, or spreads by target price/date, using implied volatility derived from mid/last prices.
  • Pricing based on Black–Scholes, with IV computed from option and underlying prices. Quotes delayed ~15–30 minutes; daily estimates use market-open snapshots.
  • Probability of Profit (PoP) uses a normative distribution based on 30-day IV rather than delta.

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Portfolio123 logo

Portfolio123

portfolio123.com

Editor’s pick Hands-on review

Quant research and live-deployment platform with point-in-time fundamentals and estimates. Users can screen, backtest, and simulate strategies, then deploy them live with broker integrations. Supports API access and a no-code desktop DataMiner. FactSet or S&P Compustat licenses are required for full historical fundamentals.

Platforms

Web
Desktop
API

Pricing

Free
Subscription

Quick highlights

  • Build custom multi-factor ranking systems and rank stocks by universe, sector, or industry.
  • Spreadsheet-style screening with formulas (including Piotroski F-Score) across current and historical data.
  • Backtesting with realistic assumptions for slippage, commissions, buy/sell rules, position sizing, and hedging.
  • ‘Books’ feature to combine multiple strategies and view correlations between them.
  • Point-in-time fundamentals, estimates, and corporate actions with dividends handled on ex/pay dates (no survivorship bias or look-ahead).

Community votes (overall)

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Overlap

Shared focus areas

1 overlap

Both tools cover this research theme.

Where they differ

Options Profit Calculator

Distinct strengths include:

  • Strategy calculators for basic, spread, and advanced option structures, including multi-leg setups (2–8 legs).
  • ROI tables show profit/loss across both price and time, with line charts that can include stock performance comparisons.
  • Option Finder scans liquid contracts and suggests optimal calls, puts, or spreads by target price/date, using implied volatility derived from mid/last prices.
  • Pricing based on Black–Scholes, with IV computed from option and underlying prices. Quotes delayed ~15–30 minutes; daily estimates use market-open snapshots.

Portfolio123

Distinct strengths include:

  • Build custom multi-factor ranking systems and rank stocks by universe, sector, or industry.
  • Spreadsheet-style screening with formulas (including Piotroski F-Score) across current and historical data.
  • Backtesting with realistic assumptions for slippage, commissions, buy/sell rules, position sizing, and hedging.
  • ‘Books’ feature to combine multiple strategies and view correlations between them.

Feature-by-feature breakdown

AttributeOptions Profit CalculatorPortfolio123
Categories

Which research workflows each platform targets

Shared: Backtesting

Unique: Options P&L, Options & Derivatives

Shared: Backtesting

Unique: Screeners, Quant, Portfolio, Correlation, Calendar, APIs & SDKs, Data APIs, Broker Connectors, Data Visualizations

Asset types

Supported asset classes and universes

Options

Stocks, ETFs

Experience levels

Who each product is built for

Beginner, Intermediate, Advanced

Beginner, Intermediate, Advanced

Platforms

Where you can access the product

Web

Web, Desktop, API

Pricing

High-level pricing models

Free, Subscription

Free, Subscription

Key features

Core capabilities called out by each vendor

Unique

  • Strategy calculators for basic, spread, and advanced option structures, including multi-leg setups (2–8 legs).
  • ROI tables show profit/loss across both price and time, with line charts that can include stock performance comparisons.
  • Option Finder scans liquid contracts and suggests optimal calls, puts, or spreads by target price/date, using implied volatility derived from mid/last prices.
  • Pricing based on Black–Scholes, with IV computed from option and underlying prices. Quotes delayed ~15–30 minutes; daily estimates use market-open snapshots.
  • Probability of Profit (PoP) uses a normative distribution based on 30-day IV rather than delta.
  • Support for Canadian markets via the Montréal Exchange (append “.to” to tickers).

Unique

  • Build custom multi-factor ranking systems and rank stocks by universe, sector, or industry.
  • Spreadsheet-style screening with formulas (including Piotroski F-Score) across current and historical data.
  • Backtesting with realistic assumptions for slippage, commissions, buy/sell rules, position sizing, and hedging.
  • ‘Books’ feature to combine multiple strategies and view correlations between them.
  • Point-in-time fundamentals, estimates, and corporate actions with dividends handled on ex/pay dates (no survivorship bias or look-ahead).
  • Coverage of 15,000+ equities in the U.S., Canada, and Europe, including delisted stocks and spinoffs.
Tested

Verified by hands-on testing inside Find My Moat

Not yet

Yes

Editor pick

Featured inside curated shortlists

Standard listing

Highlighted

Frequently Asked Questions

Which workflows do Options Profit Calculator and Portfolio123 both support?

Both platforms cover Backtesting workflows, so you can research those use cases in either tool before digging into the feature differences below.

Do Options Profit Calculator and Portfolio123 require subscriptions?

Both Options Profit Calculator and Portfolio123 keep freemium access with optional paid upgrades, so you can trial each platform before committing.

How can you access Options Profit Calculator and Portfolio123?

Both Options Profit Calculator and Portfolio123 prioritize web or desktop access. Investors wanting a mobile-first workflow may need to rely on responsive web views.

What unique strengths set the two platforms apart?

Options Profit Calculator differentiates itself with Strategy calculators for basic, spread, and advanced option structures, including multi-leg setups (2–8 legs)., ROI tables show profit/loss across both price and time, with line charts that can include stock performance comparisons., and Option Finder scans liquid contracts and suggests optimal calls, puts, or spreads by target price/date, using implied volatility derived from mid/last prices., whereas Portfolio123 stands out for Build custom multi-factor ranking systems and rank stocks by universe, sector, or industry., Spreadsheet-style screening with formulas (including Piotroski F-Score) across current and historical data., and Backtesting with realistic assumptions for slippage, commissions, buy/sell rules, position sizing, and hedging..

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.