Probability, premium and positioning heatmaps for any stock with options.
OptionsCone turns the option chain into heatmaps on the price chart: touch and expiry probabilities, implied volatility, open interest, spreads, time value and premium relative to risk. It compares what the option market implies with what the stock realized. For option traders and for anyone who holds stocks.
Website and manual: https://nikolai-alexander.com/OptionsCone/
Available soon for Windows 10 and 11, as a free download with an optional Pro upgrade. Star or watch this repository to hear when the first release is out.
The probability cone and the implied volatility, open interest and spread maps are free. Pro adds the historical models and the seller maps: implied vs realized, premium per unit risk and time value per day.
Open an issue, or reach me on X, @nikkn_alexander.
All probabilities are estimates from market prices or from the past. They are not forecasts and not financial advice. Use at your own risk.
© 2026 Nikolai Alexander. All rights reserved.