New · intraday mode in the Custom Backtester
Backtest by the minute.
The Intraday Backtester replays your 0DTE and short-dated strategies on 1-minute options data back to October 2020. Minute-level entries, exits, stops, and profit targets: the way the trade actually happens.
- 1-min
- data granularity
- Oct 2020
- history starts
- ~140
- symbols with weeklies
- 16
- strategies
- 0DTE
- native support
01 · Configure
The whole trade on one screen.
This is the actual tool. Follow the numbered markers: every field you need for a 0DTE strategy is a few keystrokes away, or one plain-English sentence.
1Start in plain English
Type "SPY 0DTE iron condor, 16 delta shorts and 5 delta wings, exit at 50% profit or 200% loss" and the AI fills every field below.
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Start in plain English. Type "SPY 0DTE iron condor, 16 delta shorts and 5 delta wings, exit at 50% profit or 200% loss" and the AI fills every field below.
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16 strategies, ~140 symbols. Condors, flies, spreads, straddles, strangles, and calendars on the most-traded names, SPX to single stocks.
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Enter at 9:45, to the minute. Entry and exit are exact clock times. Hold to expiration or step out at 15:55. AM and PM SPX expirations both supported.
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0DTE is DTE 1. Days to expiration counts from 1, so same-day options are first-class citizens, out to 30 days.
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Per-leg strike control. Target every leg by delta with min and max bands, or set strike widths in points from a reference leg.
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Stops that fire intraday. Percent stop losses and profit targets are checked on every minute bar, with slippage and commissions modeled in.
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Bring your own signals. Upload a CSV of entry and exit timestamps and the engine trades your signal on real minute-level options prices.
02 · Read the results
Five-plus years of QQQ iron condors, graded in seconds.
A real, unstaged run: 0DTE iron condors, 20-delta shorts with 5-delta wings, entered at 9:45 every morning since October 2020. 1,156 trades, 81% winners, a 0.64 Sharpe, and every stop-out in the trade log below.
1The verdict, up top
Annual return, Sharpe ratio, max drawdown, and total P&L for one lot, before you read a single chart.
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The verdict, up top. Annual return, Sharpe ratio, max drawdown, and total P&L for one lot, before you read a single chart.
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Honest accounting. Strategy vs buy-and-hold with commissions and dividends included. What you see is exactly what the trades made.
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Five-plus years of minute bars. Every point on this curve was marked from real 1-minute options prices, stop-outs and all.
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From backtest to trade. Like what you see? Scan live options for this exact setup, or download the full trade log as CSV.
monthly returns · oct 2020 to today
trade log · every fill · csv download
03 · Why minute bars matter
Catch the 2:47 PM stop-out the moment it happens.
Intraday mode marks your position on every minute bar, so stops and profit targets fire the moment they hit. You get the full story of every 0DTE trade, tick by tick through the session. Both engines live in the same Custom Backtester. Pick per job.
swipe the table to compare →
| Intraday · new | End of Day | |
|---|---|---|
| History | Back to October 2020 | Back to 2007 |
| Granularity | Every minute, 390 per day | One mark per day |
| Stops & profit targets | Fire on the minute they hit | Evaluated at end of day |
| 0DTE strategies | Native | Built for multi-day holds |
| Strategies | 16 | 45 |
| Symbols | ~140 most-traded, SPX to single names | Any US-listed optionable name |
| Indicator triggers | Time-based entries by design | 794 indicators, earnings, dates |
Under the hood
Built like an execution engine.
- Honest execution modeling
- Slippage as a percentage of the bid-ask width per side, commissions defaulting to $0.65 a contract, and a bad-price filter that keeps every fill tradeable.
- 16 strategies
- Iron condors, iron butterflies, credit and debit spreads, straddles, strangles, naked short options, and three flavors of calendars.
- ~140 symbols, 390 bars a day
- Every name with weekly options in the backtest-finder universe, snapshotted every minute of every session since October 2020.
- A 300-million-run pedigree
- Built on the same reporting stack as our EOD engine: performance metrics, monthly returns, and a trade log for every simulated fill.
Rather just say it? Ask Otto, the AI agent built into the dashboard, to run the whole backtest for you. “SPX 0DTE put credit spread, 30 delta, 30 wide, exit at 50% profit, last 6 months” is a complete instruction.
Meet OttoPricing
Included in the subscription. One price, every tool.
The Intraday Backtester ships inside ORATS Trading Tools alongside every other tool on the platform. One subscription unlocks all of it.
Trading Tools
$99/ month
Individual license. Professional license $199 / user / month.
Everything included:
Does not include ORATS Data API access. Cancel within 24 hours of signup for an automatic full refund.
FAQ
Intraday backtesting, answered.
What data does the Intraday Backtester use?
Can it backtest 0DTE options strategies?
How is this different from the end-of-day Options Backtester?
How realistic are the fills?
Do I need to write code?
A high win rate can still lose money, right?
How much does the Intraday Backtester cost?
Run your first minute-level backtest today.
“I have used several including ivolatility/Options omega, but nothing comes close to ORATS.”
