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optionlab
Python library for evaluating option trading strategies
What it is
A Python library for evaluating option trading strategies. You define a strategy in code, and it calculates the payoff profile and related risk measures so different structures can be compared. Developers and options traders who want to analyse spreads and combinations programmatically are the intended users. It evaluates strategy structures rather than supplying market data, so prices and volatilities must come from your own source.
At a glance
Worth watchingOur rating, based on popularity, maintenance and how ready it is for real use.
| Best for | Professional quants |
|---|---|
| Used for | Strategy research, Backtesting |
| Markets | US equities, Other markets |
| Stack | Python |
| Learning curve | Moderate learning curve |
| Practical value | Medium practical value |
| Cost | Free and open source |
| Hardware | No GPU needed |
| Maintenance | Last commit 48 days ago |
GitHub stars, last 30 days
Daily snapshots since 2026-09-28 (up to 30 days): +10 over the period, now 582. Gaps mean no snapshot was taken that day.
A Python library for evaluating option trading strategies.
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