Options Research Lab
Options Research Lab

Options research you can run yourself.

Controlled experiments on real market data, with the assumptions that decide the answer exposed as controls instead of buried in a footnote. Every study here can be re-run, stressed and broken in your own browser. If an assumption changes the conclusion, you should be able to see it change.

The toolset behind the research

These pages run each study at its published parameters. Options Research Lab Pro is the working toolset behind the research — covered calls, cash-secured puts and the Wheel, LEAPS, PMCC, regime detection and the research console — on a real Black–Scholes pricing engine with a dynamic implied-volatility surface, a full chain of strikes and expirations, and rolling. Run one path by hand, or launch a batch and read off the distribution.

See what Pro does — 14-day free trial

Model-based research, not investment advice and not a recommendation about any portfolio. Historical index returns are real; option prices are generated from realised volatility plus stated implied-volatility and skew assumptions.