Question: Can you recommend a tool that helps me analyze and improve my options trading strategies?

If you want to analyze and refine your options trading strategy, there are several tools to help you do so. One of the best is Praxis, an AI-powered trading journal that integrates with popular trading platforms like Robinhood, Webull and Thinkorswim. It keeps a detailed record of your trades, offers advanced journaling, AI analysis, interactive analytics and emotional trading management tools. With real-time performance tracking and AI analysis, Praxis can help you refine your approach by spotting patterns and anticipating market shifts. The Pro tier includes AI analysis, trade logs, advanced analytics and personalized feedback for $30 per month (billed annually at $360).

Another good option is Tradytics, an options flow data platform geared for retail traders like you. It uses AI to process data and offers premium options flow data, AI-powered news feeds, live options flow data, advanced analytics tools and AI-based trade ideas. Tradytics offers a few different pricing tiers, including a free basic access option, so you can get a better handle on the data to make more informed trading decisions. The service also comes with resources like a crash course, YouTube tutorials and a blog to help you get started.

If you're looking for a platform that focuses on the events that can move stock prices, LevelFields is worth a look. It includes a news monitoring system that can alert you and offer insights, an AI engine that processes millions of events to look for investment opportunities, and customizable alerts for the profit levels you want. LevelFields also offers daily AI stock and options trades, event alerts and AI-based trading strategies, so it can be a good option for both short-term and long-term investments.

Last, RAFA offers a collection of AI agents, including Analyst Pro, Options Guru, News Guru, Strategy Whiz and Quant Pro. The service offers real-time portfolio alerts, daily investment ideas, risk strategy implementation, portfolio risk analysis and options activity monitoring. RAFA is designed to help you make better decisions and manage risk, and you can try it for 14 days before a monthly subscription of $29.99 or an annual plan with a discount.