FAQ
🔹 General Questions
LONQUA Option is a professional platform for options trading analysis and simulation on the American market. It allows you to build, visualize, and simulate multi-leg options strategies with real-time market data.
Options traders of all levels: beginners looking to learn, intermediate traders seeking to refine their strategies, and professionals needing advanced analysis tools.
No. LONQUA Option is an analysis and simulation tool. We do not allow real order execution. To execute your trades, you must use your own broker.
🔹 Data & Coverage
Our data comes from ThetaData, an OPRA (Options Price Reporting Authority) licensed provider. The data is processed and converted into indicative data.
Approximately 6,000 optionable American stocks, corresponding to the official OCC (Options Clearing Corporation) list.
Yes, during market hours (9:30 AM - 4:00 PM ET), prices are updated in real-time via WebSocket. OHLC data is available in 7 granularities: 1min, 5min, 15min, 30min, 1H, 4H, and daily.
We use "mapped" data. Mapping consists of processing and reformatting raw data feeds from exchanges to make them usable, without going through direct redistribution licenses that cost hundreds of thousands of dollars per year. This allows us to avoid the exorbitant fees imposed by American exchanges (NYSE, NASDAQ, CBOE) and offer you accessible prices. Despite this processing, our data remains very close to reality — typically within a cent — making it perfectly suited for strategy analysis and simulation.
No. Our prices are indicative and do not exactly reflect official consolidated prices (NBBO). Always use your broker's prices for your orders.
🔹 Technical & Accessibility
No, LONQUA Option is a web application accessible from your browser. No installation required.
The interface is available in French, English, and Turkish.
The application is optimized for desktop (1280px). A responsive mobile version is under development.
Absolutely! LONQUA Option has been designed to be intuitive and accessible, even if you've never traded options or used this type of platform before. The interface is clear and features are logically organized. Additionally, we provide an interactive guided tour accessible from your Account Settings, in the Preferences tab. This tour walks you through the main features of the platform step by step for a quick and effective onboarding experience.
🔹 Subscription & Pricing
Yes, we offer a free trial period to discover all the platform's features.
Create an account, then access the Subscription section to choose your plan and proceed with secure payment via Stripe.
Yes, you can cancel your subscription at any time from your personal dashboard. You retain access until the end of the paid period.
🔹 Security & Privacy
Yes, your data security is our priority. We use Supabase with JWT authentication and Row Level Security, ensuring your data is encrypted and isolated from other users. All our infrastructure is hosted on European servers: our database is located in Europe. Your data thus remains subject to GDPR and European data protection legislation.
No, we do not sell or share your personal data. Please refer to our Privacy Policy for more details.
🔹 Upcoming Features
A manual backtesting service is currently under development and will be available soon. It will allow you to test your strategies on historical data with 1-minute granularity, based this time on official OPRA data without mapping — thus offering maximum precision to validate your trading approaches.