Barchart Options Scanner Review

Barchart Options Learning Center gives traders a solid library of resources to dig into how options actually work. The platform lays out detailed info on all sorts of options strategies, breaking down risk profiles, profit potential, and the kinds of market conditions where each approach makes sense.

Features

The Options Learning Center covers more than 24 trading strategies. Each one gets its own breakdown, showing when to use it and what market situations suit it best.

You’ll find clear definitions for things like “maximum profit,” “maximum loss,” and “breakeven points” for every strategy. It helps to have those basics spelled out, honestly.

They sort strategies into seven main categories: Income Strategies, Protection Strategies, Vertical Spreads, Horizontal Strategies, Straddle and Strangle, Butterfly Strategies, and Condor Strategies. That makes it easier to zero in on what fits your market view.

For folks who learn better by watching, Barchart includes YouTube video tutorials for most strategies. These videos work alongside the written guides and show practical examples in action.

The platform also has strategy screeners, so you can spot real-world trade ideas based on whatever strategy you’re interested in. That’s pretty handy when you’re ready to move from theory to practice.

Each strategy page offers a “Learn More” button for deeper dives, plus a “Go to Screener” link to help you hunt down actual trade setups. Strategies are clearly labeled as bullish, bearish, or neutral, and you’ll see whether they have limited or unlimited profit potential at a glance.

Costs

Barchart Options Learning Center gives you the basics for free. You can read all the strategy explanations, check out definitions, and watch the YouTube tutorials without paying a cent.

If you want advanced stuff like options screeners and real-time strategy suggestions, you’ll need a Barchart Premier subscription. They say Premier runs under $10 a month, and that covers results for Stocks, ETFs, and Funds Screeners too.

New users can test out Premier with a free 30-day trial before deciding to pay. For people who care about cost, Barchart offers a cheaper option called Barchart Plus.

The site doesn’t spell out exactly how much less Plus costs, but you can compare the different membership plans to figure out what fits your needs.

Summary

The library covers everything from basic options buying to more advanced multi-leg setups like iron condors and butterflies. Each strategy section gives practical info about when to use it and what kind of market outlook it matches.

Honestly, it’s helpful to have all that in one place. If you want to actually put the strategies to use, the built-in screeners make it easier to bridge the gap from learning to trading.

Pros and Cons

Pros:

  • You can quickly find the right approach because the 24+ strategies are grouped into logical categories.
  • YouTube videos add visual learning support alongside the written explanations.

Cons:

  • You’ll need a paid subscription to unlock all the advanced features.
  • Some strategy explanations are still marked as “more information coming soon,” so they’re not finished yet.