CHART ANALYSIS FOR OPTIONS TRADERS
Read the Underlying Before You Pick a Strike.
Every options trade starts as a chart opinion: which way, where you're wrong, where it's going. WickScan answers those three from a screenshot of the underlying — SPY, QQQ, AAPL, TSLA, anything you can capture — returning direction with a confidence score, support and resistance, and a bracket read from the chart's own dollar axis. It does not price contracts, read chains or model implied volatility; it reads the chart the whole position depends on. Free to start, no credit card.
What this does — and what it deliberately doesn't
What it does: reads the underlying's chart image and returns a structured technical read — direction and confidence, market structure (break of structure, higher highs and lower lows), supply and demand zones, trendlines and channels, 40+ candlestick and structural patterns, Fibonacci levels, and a trade bracket with entry, stop-loss, target and risk-reward. Three AI engines read the chart independently and their consensus is the verdict. When the chart doesn't justify a directional call, it says so and hands you the trigger levels instead — which for an options buyer is a genuinely valuable answer, because the worst trades are the ones taken without a thesis.
What it doesn't do: it does not price options, read an options chain, compute delta, gamma or theta, model implied volatility, scan unusual flow, or recommend a strike, an expiry or a structure. It has no live market data of any kind. Those are real limits, not modesty: premium, time decay and volatility are not present in a chart screenshot, so any tool claiming to derive them from one is inventing them.
How do I use a chart read before an options trade?
- 1. Screenshot the underlying. SPY on TradingView, QQQ in thinkorswim, a Robinhood or Webull chart on your phone. Include the price axis — WickScan calibrates a price-to-pixel map from those labels, which is what makes the levels real dollar numbers rather than estimates.
- 2. Upload, paste or drag it in. A free account takes seconds and needs no card. There is no brokerage connection at any point — no login, no API key, no order access — so nothing can be traded on your behalf.
- 3. Take the three numbers into your own decision. Direction tells you calls or puts territory; the stop level is where the chart thesis is dead, which is the natural place to judge how much premium you are willing to risk; the target is where the chart says the move runs out, which is the move your contract has to capture. Strike, expiry, structure and size are yours — WickScan makes no recommendation on any of them.
Why the chart is the part worth automating
Options traders have no shortage of tools for the premium side — chains, Greeks and volatility surfaces are in every broker platform. What usually goes unexamined is the chart opinion underneath, which is where most of the outcome actually lives: a well-chosen strike on a wrong direction still loses. A second, disciplined read of that chart — one that names the invalidation level explicitly and is willing to return "no clean setup" — is the cheapest check available before paying a premium.
Two honesty notes specific to options. First, timeframe: WickScan reads the chart you captured, so a 5-minute read is a 5-minute opinion, and pairing it with a multi-day expiry is a mismatch only you can see. Second, the instrument chain: SPY, SPX and ES quote at different numbers, and so do QQQ, NDX and NQ — levels from one are not levels on another, and WickScan only ever reports levels from the exact chart you uploaded. Every scan is saved to your journal, where you tag how it played out; those tags train a personal AI on your own trading.
How is this different from asking ChatGPT?
A general assistant will happily discuss your chart and your contract in the same breath, estimating levels that change every time you ask and reasoning about premium it cannot see. WickScan is narrower on purpose: a calibrated, repeatable read of the chart image, cross-checked by three engines, with an explicit abstain when the structure doesn't support a trade — and no opinion at all on your contract. Honest head-to-head comparisons live here: WickScan vs ChatGPT, vs Claude and vs Gemini. For the instruments themselves, see SPY and QQQ chart analysis, AI stock chart analysis and AI futures chart analysis.
Is it free?
Yes — WickFree is a permanent free tier with no credit card and the complete analysis output, including the exact entry, stop-loss and take-profit read on the underlying. The free scan allowance never recharges; WickPro ($29.99/month list price) recharges it every week and adds WickAI training. WickScan is an educational analysis tool operated by Pnav Systems LLC — it does not stream live market data, connect to a brokerage, execute trades or promise outcomes, and nothing it produces is financial advice. Options trading carries substantial risk of loss, including the entire premium paid.
Frequently asked questions
Does WickScan analyze options contracts, chains or Greeks?
No. WickScan reads the chart of the underlying — SPY, QQQ, AAPL, TSLA, anything you can screenshot — and returns direction, support and resistance, a trade bracket and a confidence score. It does not price contracts, read an options chain, compute delta or theta, model implied volatility or track unusual flow. That boundary is deliberate: the chart read is the part every options trade rests on, and it is the part a screenshot can actually answer.
How does a chart read help an options trade then?
Every options position starts with three chart questions: which way, where it stops being right, and where it is going if it is. WickScan answers exactly those from the underlying's chart — a direction with a confidence score, a stop level at a named structural invalidation, and a target at a level the chart itself shows, with the risk-reward between them. What you do with those numbers — strike, expiry, spread or single leg, size — is your decision and your risk tolerance, and WickScan makes no recommendation about any of it.
Which underlying charts does it read?
Any chart you can screenshot. SPY and QQQ are the most common here, along with high-volume single names like AAPL, TSLA, NVDA and AMD, sector and leveraged ETFs, and index futures. The read comes from the pixels rather than a symbol lookup, so a phone capture from Robinhood or Webull works the same as a thinkorswim or TradingView window.
Does it tell me which strike or expiration to buy?
No — and it never will. Strike and expiry depend on your account, your risk limits, your view on how fast a move might happen and the premium in front of you, none of which a chart screenshot contains. WickScan stops where the chart stops: structure, levels, a bracket and an honest confidence score. It is an educational analysis tool, not financial advice.
Does it work for 0DTE and weekly charts?
The chart read works on whatever timeframe you capture — 1-minute and 5-minute SPY charts are ordinary inputs, as are dailies. Worth being blunt about the limit, though: a short-dated options trade depends heavily on premium and time decay, which are not in your chart screenshot at all. WickScan can tell you what the price structure says right now; it cannot tell you whether the premium makes that view worth paying for.
Does WickScan stream live quotes, IV or options flow?
No, and that is deliberate. WickScan analyzes only the chart image you upload — no live quotes, no implied-volatility feed, no flow scanner, no headlines, and no claim to verify outcomes against a market feed. You get a disciplined technical read of exactly what your chart shows, and you tag how each setup played out in your journal, which trains WickAI — a personal AI built on your own trades.
Is the free tier actually free?
Yes — permanently free, no credit card, and you get the complete analysis output: multi-engine consensus, patterns, support and resistance, and the exact entry, stop-loss and take-profit read on the underlying. The free scan allowance never recharges; WickPro ($29.99/month list) recharges it every week.
Published 2026-09-13 · WickScan reads only the chart image you upload. Not financial advice.
Your next chart, read properly.
Upload a screenshot and see the full read — verdict, bracket, levels — before you risk a dollar on a guess.
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