Option Pit
Option Pit is a private options trading education company founded in 2010 by former CBOE/AMEX floor traders, serving retail traders with 10 premium subscription services, 11 newsletters, and proprietary tools including the Sybil AI scanner.
- Company typePrivate
- Founded2010
- HeadquartersChicago, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Option Pit does
Option Pit is a private options trading education company founded in 2010 by former CBOE and AMEX floor traders, headquartered in Illinois. The company serves retail options traders through a portfolio of 10 premium subscription trading services and 11 newsletters, delivering education, real-time alerts, and proprietary trading methodologies. The leadership team brings 150+ years of combined trading floor experience to the platform, with founder Mark Sebastian serving as CNBC's VIX expert and appearing regularly on financial media including Bloomberg.
The company has built proprietary technology and methodology layered on top of its core services. Notable components include the Sybil AI scanner (which tracks institutional order flow fingerprints across 4,000+ stocks), the Cash Zone methodology, the MTI indicator, and the CRT Protocol. These tools are packaged into tiered subscription services, with the Ceres Club representing the premium tier at $4,997 annually. The go-to-market is community-led and content-led, anchored by 50,000+ newsletter subscribers forming the top of the conversion funnel, supported by daily live sessions and ongoing media visibility.
The business model is B2C subscription-based, monetizing primarily through tiered annual subscriptions priced $2,999-$4,997+. Growth has been organic and bootstrapped, with no disclosed funding rounds. Recent product expansion includes Capitol Gains, a service targeting the Washington DC/defense and government intelligence community, and the Sybil AI scanner, signaling both vertical and technology extension beyond the original options education core.
Option Pit firmographics
Firmographics- Name
- Option Pit
- Legal name
- Option Pit, LLC
- Website
- https://optionpit.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Option Pit is a private options trading education company founded in 2010 by former CBOE/AMEX floor traders, serving retail traders with 10 premium subscription services, 11 newsletters, and proprietary tools including the Sybil AI scanner.
- Ownership category
- akta.pro rank
Option Pit industry classification
Industry- Product category
- Trading Education and Signal Services
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Options Exchanges (Listed Options Markets) (FSAFABAK)
Keywords
Where Option Pit is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Markets served
Option Pit business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Technology or R&D, Operations
Revenue model
- Membership Subscriptions: Tiered subscription memberships providing access to live trading rooms, trade alerts, educational content, and proprietary tools. Multiple service tiers including 0DTE, Delta Strike, Ripzone, Option Shopper, Trade to Close, Turbo Income, Weekly Profit Cycles, Ceres Club, Capitol Gains, and Special Situations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Ceres Club - Premium institutional flow tracking service with Sybil AI scanner access |
| Subscription | Annual | Capitol Gains - DC insider and defense trade intelligence service |
| Subscription | Monthly | 0DTE - Daily 0DTE options trading with Mark Sebastian |
| Subscription | Monthly | Delta Strike - Institutional flow and big money tracking |
| Subscription | Monthly | Ripzone - VIX and volatility trading with Andrew Giovinazzi |
| Subscription | Monthly | Option Shopper - Technical analysis and cheap options hunting with Licia Leslie |
| Subscription | Monthly | Trade to Close - Final hour institutional trading with Olivia Voz |
| Subscription | Monthly | Turbo Income - 91% win rate income strategies with Hans Albrecht |
| Subscription | Monthly | Weekly Profit Cycles - SPY/VIX two-way trade hedging system |
| Subscription | Monthly | Special Situations - Catalyst hunting with full team |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Option Pit product offering
Product offeringCore offering
Option Pit sells subscription-based options trading education and trade-alert services to individual retail traders. The core offering consists of ten specialized trading membership services (including 0DTE, Delta Strike, Ripzone, Option Shopper, Trade To Close, Turbo Income, Weekly Profit Cycles, The Ceres Club, Capitol Gains, and Special Situations) delivered through live daily trading rooms, real-time trade alerts, and proprietary scanners and methodologies. The platform is built around content, community, and signal generation governed by the proprietary CRT Protocol quality standard.
Product overview
Option Pit is a professional options trading education platform offering a comprehensive portfolio of trading services and newsletters. The core offering includes 10 premium trading membership services (0DTE, Delta Strike, Ripzone, Option Shopper, Trade To Close, Turbo Income, Weekly Profit Cycles, The Ceres Club, Capitol Gains, and Special Situations) plus 11 newsletters. All services are governed by the proprietary CRT Protocol quality-control framework ensuring strategies are Consistently Profitable, Repeatable, and Teachable. The platform is led by former floor traders from CBOE and AMEX with over 150 years of combined experience.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 97.76% win rate backtested across 4 years with 268 signals (Ceres Club Sybil)
- +4 more outcomes
Companies that use Option Pit
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Option Pit technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature7 records
Option Pit partnerships and signals
Strategic signalScale indicators11 records
Recent moves7 records
Expansion highlights4 records
Option Pit competitors and assessment
Company assessmentDirect peers
- tastytrade: Options-focused content, education, and trading platform owned by IG Group. Most direct peer: targets retail options traders with daily live programming, trade ideas, and education — overlapping heavily with Option Pit's value proposition and audience.
- Bear Bull Traders: Community-driven day trading education platform offering chat rooms, courses, and mentor programs. Comparable subscription + community model targeting retail traders seeking professional-level instruction.
- Simpler Trading: Subscription-based options and futures trading education platform with live trading rooms, daily trade alerts, and multiple tiered memberships — directly comparable in business model, customer segment, and product structure.
- Investors Underground: Day and swing trading education community with chat rooms, trade alerts, and video lessons. Comparable in subscription education model and retail trader audience, though with less options specialization.
- SMB Capital: Prop trading firm that also runs trading education, mentorship, and capital allocation programs. Comparable in leveraging active trader credibility to monetize educational content for retail and aspiring professional traders.
Broad incumbents
- CBOE Global Markets: Operator of the largest U.S. options exchange and broader derivatives exchange group. Relevant as the institutional venue where Option Pit's team built their careers and as a broader incumbent in the options ecosystem with adjacent education/content arms.
Others
- Seeking Alpha: Crowd-sourced investment research and analysis platform with premium subscription tiers. Comparable in monetizing retail-investor-facing investment content via subscription, though with broader equity focus rather than options specialization.
- TradingView: Charting and social trading platform with significant retail options trader adoption. Comparable as ecosystem tool used by the same audience, though primarily a software platform rather than education service.
- TheStreet / TheStreet.com: Financial media and education platform. Comparable as a financial content destination where Mark Sebastian serves as VIX Expert — overlapping audience of retail traders but with broader equity/macro coverage.
Emerging players
- Earnings Whisper: Earnings expectation and date calendar service with options-related trading insights. Comparable in providing catalyst-driven trade ideas to retail traders, with partial overlap in the Capitol Gains / Special Situations offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Option Pit social profiles
Digital presenceOption Pit financial estimates
Financial estimateRevenue estimate
Valuation estimate
Option Pit leadership team
Management profileNumber of profiles
Option Pit funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Option Pit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Option Pit
What does Option Pit do?
Option Pit sells subscription-based options trading education and trade-alert services to individual retail traders. The core offering consists of ten specialized trading membership services (including 0DTE, Delta Strike, Ripzone, Option Shopper, Trade To Close, Turbo Income, Weekly Profit Cycles, The Ceres Club, Capitol Gains, and Special Situations) delivered through live daily trading rooms, real-time trade alerts, and proprietary scanners and methodologies. The platform is built around content, community, and signal generation governed by the proprietary CRT Protocol quality standard.
Is Option Pit a public or private company?
Option Pit is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Option Pit founded?
Option Pit was founded in 2010. It employs 1 to 10 people.
Where is Option Pit based?
Option Pit is headquartered in Chicago, United States, in the North America region.
How does Option Pit make money?
One revenue line is on record: membership Subscriptions.
Who are Option Pit's main competitors?
Direct peers on record are tastytrade, Bear Bull Traders, Simpler Trading, Investors Underground and SMB Capital. CBOE Global Markets is listed as a broad incumbent. Others are Seeking Alpha, TradingView and TheStreet / TheStreet.com. Earnings Whisper is listed as an emerging player.
Does Option Pit have an API?
No public API is recorded for Option Pit.
What industry is Option Pit in?
Option Pit's product category is Trading Education and Signal Services. Its primary akta.pro industry code is FSAFABAK, Options Exchanges (Listed Options Markets). Its NAICS code is 5231 and its SIC code is 6221.