OptionMetrics

What OptionMetrics does

OptionMetrics is a financial data company that provides historical options price data, calculated implied volatilities, and option Greeks (delta, gamma, vega, theta) to institutional investors and academic researchers. Founded in 1999 by David J. Hait, Ph.D. and headquartered in New York City with a secondary office in Miami, the company operates the IvyDB database platform covering options on equities, indices, ETFs, and futures across US (since 1996), European (since 2002), Asia-Pacific (since 2004), Canadian (since 2007), and global futures and ETF markets. Core technology centers on proprietary implied volatility and Greek calculation methodologies, standardized constant-maturity volatility surfaces, and consistent handling of dividends, splits, and corporate actions; newer products extend this with binomial tree-based implied dividend extraction and the 2023-acquired Woodseer machine learning-driven dividend forecasts.

The product portfolio spans core regional IvyDB databases, specialized add-ons (Signed Volume, Implied Beta, Implied Dividend), and the Dividend Intelligence Suite bundling options-implied dividends with Woodseer forecasts. Data is delivered through Microsoft SQL Server with proprietary loading tools, plus API, S3, FTP, and secure login channels, with a 2024 listing on the Databricks Marketplace adding a modern cloud distribution path.

OptionMetrics operates a B2B enterprise subscription model with quote-based annual pricing, selling to investment banks, hedge funds, pension funds, mutual funds, money managers, and 300+ academic institutions. The company is privately held, PE-backed by Leeds Equity Partners since 2021, maintains a lean headcount of 1-10 employees, and reports roughly 300-350+ institutional and academic subscribers worldwide. Customer acquisition relies on direct enterprise sales, conference participation (Global EQD, Quant Strats, Future Alpha, etc.), and a sustained thought-leadership publication cadence.

Name

OptionMetrics

Legal name

OptionMetrics, LLC

Website

http://optionmetrics.com/

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

OptionMetrics provides historical options price data, implied volatilities, and Greeks for global equity, ETF, and futures options markets. Its IvyDB databases serve institutional investors, hedge funds, and academic researchers across 300+ subscriptions worldwide since 1996.

Ownership category

akta.pro rank

Product category

Financial Market Data

NAICS

Securities and Commodity Exchanges (523210), Commodity Contracts Intermediation (52316)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Equity Index Futures & Options Exchanges (FSAFABAA)

akta.pro secondary industries

Interest Rate Futures & Options Exchanges (FSAFABAB), Options Brokerage (FSAEACAI)

Keywords

• Historical options data
• Implied volatility data
• Options analytics
• Derivatives market data
• Dividend forecasting data

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. IvyDB Database Subscriptions: Subscription-based licensing of IvyDB historical options databases to institutional investors, hedge funds, and academic institutions. Customers pay recurring fees for access to data covering US, Europe, Asia-Pacific, Canada, and ETF options markets.
2. Premium Data Add-ons: Additional revenue from premium datasets including IvyDB Signed Volume, IvyDB Beta, IvyDB Implied Dividend, and Woodseer Dividend Forecasting Data, available as add-on products or standalone subscriptions.
3. Woodseer Dividend Forecast Data: Premium dividend forecast data service for global securities, providing forecasts up to four full fiscal years ahead. Delivered via API, S3, FTP, or secure login. Acquired by OptionMetrics in 2023.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

OptionMetrics is the financial industry's premier provider of quality historical option price data, tools, and analytics, delivered through its IvyDB databases. The company sells subscription access to end-of-day and intraday options pricing, calculated implied volatilities, option Greeks, and dividend forecast datasets spanning US, European, Asia-Pacific, Canadian, ETF, futures, and global index markets for institutional investors, hedge funds, and academic researchers.

Product overview

OptionMetrics offers a comprehensive suite of IvyDB databases as the industry standard for historical options data, serving institutional investors and academic researchers. The portfolio includes regional equity options databases (IvyDB US, Europe, Asia-Pacific, Canada, ETF, Global Indices) and specialized products (IvyDB Futures, Signed Volume, Beta, Implied Dividend). Following its 2023 acquisition of Woodseer Global, OptionMetrics expanded into dividend forecasting, now unified under the Dividend Intelligence Suite. The core IvyDB products provide end-of-day pricing, implied volatilities, and Greeks across global markets, with add-on modules offering intraday snapshots, signed volume, and implied beta data.

Differentiator

Problem solved

Functional benefit

Brands

• IvyDB: Industry-standard historical options databases providing end-of-day prices, implied volatilities, and Greeks for equities, ETFs, futures, and indices across US, Europe, Asia-Pacific, Canada, and Global markets.
• Woodseer
• Dividend Intelligence Suite

Products and services

• IvyDB US Industry-standard historical options database providing end-of-day prices, implied volatilities, and Greeks for US exchange-traded equity and index options (including ETFs and ADRs) on over 10,000 underlying stocks and indices from January 1996 onward.
• IvyDB US Intraday Intraday snapshot product providing options prices and volatility calculations at 10:00 AM, 2:00 PM, and 3:45 PM EST for US exchange-traded equity and index options from January 2018 onward.
• IvyDB Europe Historical options database covering over 900 optionable securities from major European exchanges including UK, France, Germany, Switzerland, Netherlands, Sweden, Belgium, Spain, and Italy, with data from January 2002 onward.
• IvyDB Asia-Pacific Historical options database covering over 600 optionable securities from Asia-Pacific exchanges including Hong Kong, Japan, Taiwan, Korea, and Australia, with data from January 2004 onward.
• IvyDB Canada Historical options database covering over 300 optionable securities from Canadian exchanges, with data from March 2007 onward.
• IvyDB ETF Comprehensive historical options pricing data and accurate implied volatility calculations and Greeks for over 3,000 US-listed ETFs from November 1998 onward.
• IvyDB Global Indices Comprehensive options data for 30 major indices from exchanges in North America, Europe, and Asia-Pacific.
• IvyDB Futures Historical future option price data covering 100+ liquid optionable futures from CME, ICE, and Eurex exchanges across eight sectors including agriculture, energy, equity, interest rates, and crypto, with data from January 2005 onward.
• IvyDB Signed Volume Daily and intraday trading volume dataset that assigns trades as buyer-initiated or seller-initiated based on bid-ask quotes, providing insights into option market order flows and buy/sell pressure from January 2016 onward.
• IvyDB Beta Industry's first implied beta dataset providing forward-looking systematic risk measures for top 500 SPY constituents and market capitalization single-name US securities from January 2007 onward.
• IvyDB Implied Dividend Comprehensive dataset utilizing options market pricing data to generate risk-neutral measures of future dividends for US optionable single-name securities, offering forward-looking dividend projections.
• Woodseer Dividend Forecast Analyst-curated and machine learning-driven dividend forecast data covering 32,000+ securities in 100+ countries, with forecasts extending up to four full fiscal years ahead.
• Dividend Intelligence Suite Unified data suite combining IvyDB Implied Dividend (options market-implied dividends) with Woodseer Dividend Forecast (analyst-backed predictions) to provide comprehensive dividend intelligence for strategy development and risk assessment.

Quantifiable outcome

• Over 300 institutional and academic subscribers worldwide rely on OptionMetrics data
• +6 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• Clearpoint AgencycoreGTM or Marketing Partner · 28 May 2026Clearpoint Agency is OptionMetrics' public relations firm, providing ongoing PR and communications support. The agency won a Bronze award at the 2026 AMA San Diego Sandie Awards for its communications work with OptionMetrics, and previously won Gold and Bronze honors for its work with OptionMetrics.
• Woodseer Global (Acquired)coreTechnology or Integration · 1 January 2023Woodseer Global was acquired by OptionMetrics in 2023. Woodseer provides premium dividend forecast data covering 32,000+ global securities in 100+ countries, using an Analyst + Algorithm hybrid approach combining automated calculations with expert manual review. The acquisition expanded OptionMetrics' dividend intelligence capabilities.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cboe Global Markets (Data Vantage): Cboe is the largest US options exchange operator and sells historical options data and analytics through Cboe Data Vantage. It directly competes with OptionMetrics for institutional buyers of US options historical data, though Cboe's offering is exchange-native and tied to its own listings.
• MSCI: MSCI provides index data, risk analytics, and quantitative research data to institutional investors. While not directly focused on options price history, it competes for similar quant-research budgets and increasingly offers derivatives/risk analytics that overlap with OptionMetrics' institutional buyer use cases.
• Morningstar: Morningstar supplies investment data, analytics, and research to institutional and retail clients, including options-related data and dividend information. Direct adjacency via the dividend data side (Woodseer overlap) and comparable institutional customer base, though Morningstar is broader in scope.

Broad incumbents

• Bloomberg (Bloomberg Terminal): Bloomberg distributes historical and real-time options data through the Bloomberg Terminal and DL+ data products. It is a broad incumbent serving the same institutional investors but as part of a much wider financial data platform, making it both a competitor and a potential distribution partner for OptionMetrics.
• Refinitiv (LSEG): LSEG/Refinitiv offers options reference data, pricing, and analytics within its broader Workspace and DataScope platforms. Comparable to OptionMetrics at the institutional buyer level but as a multi-asset class incumbent with significantly larger product breadth and scale.
• ICE Data Services: Intercontinental Exchange operates options exchanges (NYSE Amex Options, ICE Options) and sells historical options data through ICE Data Services. A natural incumbent peer with deep options market infrastructure presence, though its data products sit inside a much larger multi-asset suite.
• FactSet: FactSet provides portfolio analytics and quantitative data feeds to institutional investors, including options-related analytics. It overlaps with OptionMetrics in serving quant hedge funds and asset managers, but as a broad financial data and analytics platform rather than an options specialist.
• S&P Global Market Intelligence: S&P Global Market Intelligence (including legacy Capital IQ where OptionMetrics' COO previously worked) provides securities reference data, analytics, and research to institutional clients. Comparable buyer base and overlapping data categories, though OptionMetrics offers deeper options specialization.
• Nasdaq (Data Link): Nasdaq operates options exchanges and sells historical market data through Nasdaq Data Link. As an exchange operator with deep options market presence, it competes with OptionMetrics for institutional data budgets while also potentially serving as a complementary data source for IvyDB-style analytics.

Emerging players

• ORATS (Option Research & Technology Services): ORATS is a smaller specialist provider of historical options data, implied volatility surfaces, and backtesting tools targeted at individual and smaller institutional quant users. A direct niche competitor to OptionMetrics with overlapping product structure but smaller scale and more limited historical depth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/OptionMetrics
• Facebookfacebook.com/optionmetrics
• LinkedInlinkedin.com/company/optionmetrics

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OptionMetrics