Options Pro ChatGPT Plugin Tutorial, Use Cases & Prompts

Written by: Peter Sullivan
Last updated:

Do you want to learn more about the Options Pro ChatGPT Plugin?

In this ChatGPT plugin tutorial, we are going to show you how to use the Options Pro ChatGPT Plugin, how to install the plugin, and what the Options Pro ChatGPT Plugin can do.

We are also going to explain what to do when this ChatGPT plugin is not working and anything else important that you need to know about the Options Pro ChatGPT Plugin.

If you prefer to watch a video tutorial on how to use the Options Pro ChatGPT Plugin, check out this one from our YouTube channel:

What can you do with the Options Pro ChatGPT Plugin?

Options Pro ChatGPT Plugin is a ChatGPT plugin that enables ChatGPT to interact with Options Pro, a personal options trading assistant. With this plugin, ChatGPT can perform various tasks related to options trading and market analysis. Here are the use cases provided:

1. Analyzing market volatility by fetching the VIX term structure: ChatGPT can retrieve the VIX term structure, which provides insights into market volatility over different time horizons.

2. Retrieving the highest volume trades for a specific option contract on a given date: ChatGPT can fetch information about the option contract with the highest trading volume on a specific date, allowing users to analyze market trends.

3. Showing the most traded options in terms of volume for a specific ticker: ChatGPT can provide a list of the most actively traded options for a particular stock, helping users identify popular trading choices.

4. Getting the latest unusual options activity alerts for a specific stock: ChatGPT can fetch real-time alerts about unusual options trading activity for a specific stock, enabling users to stay informed about potentially significant market movements.

5. Providing detailed information about option contracts for a specific ticker with a given strike price: ChatGPT can retrieve comprehensive details about option contracts, such as expiration dates, strike prices, and other relevant information for a specific stock.

6. Accessing the end-of-day Gamma Distribution and GEX data for a specific ticker: ChatGPT can fetch data on Gamma Distribution and GEX (Gamma Exposure) for a particular stock, allowing users to assess risk and potential market impact.

7. Fetching real-time intraday Gamma calculated from SPX 0DTE options: ChatGPT can provide real-time intraday Gamma values calculated from options related to the S&P 500 Index with zero days to expiration (0DTE), aiding in risk assessment and decision-making.

8. Getting the most up-to-date MSI indicator analysis: ChatGPT can retrieve the latest analysis of the MSI (Market Sentiment Indicator), which assesses market sentiment based on options trading data.

9. Providing the current market outlook calculated from options position, volatility, and more: ChatGPT can generate a market outlook by considering options positions, volatility levels, and other relevant factors, assisting users in understanding the current market conditions.

Overall, the Options Pro ChatGPT Plugin empowers ChatGPT to assist users in navigating market conditions, analyzing options trading data, and providing valuable insights for informed decision-making.

How to use the Options Pro ChatGPT Plugin?

Here is how to use the Options Pro ChatGPT Plugin:

  1. Open the ChatGPT website
  2. Sign in to your ChatGPT account
  3. Make sure that you have enabled ChatGPT plugins in your account.
  4. Select GPT-4 model from the model selector.
  5. Click on the ChatGPT plugin icon
  6. Select Plugin store.
  7. Search for the Options Pro ChatGPT Plugin
  8. Click on ‘Install’ to add the Options Pro ChatGPT Plugin to your ChatGPT account.

Now, also make sure that if you want to use the Options Pro ChatGPT Plugin, you have to use the GPT-4 model and you also have to enable the plugin. (currently, only 3 ChatGPT plugins can be enabled at the same time).

Now, all you have to do is use a Options Pro ChatGPT Plugin prompt to activate the plugin.

If you are not sure what plugin prompts you can use to activate the Options Pro ChatGPT Plugin, make sure to check out our ChatGPT plugin database here.

Can’t install the Options Pro ChatGPT Plugin

If you can’t install the Options Pro ChatGPT Plugin, here is how to troubleshoot and find out why you can’t install and use this specific plugin.

1.Make sure you have upgraded to a GPT Plus subscription as ChatGPT plugins are currently only available for Plus subscribers

2. Next, you also have to make sure that the ChatGPT plugins are enabled in your ChatGPT account.

ChatGPT plugins enabled 2

3. It is possible that the Options Pro ChatGPT Plugin is not available in the ChatGPT plugin store anymore temporarily because of some technical issues with the integration.

If you have already installed the Options Pro ChatGPT Plugin but it still not generating the right response, check out the next section.

Options Pro ChatGPT Plugin not working – how to fix it?

If the Options Pro ChatGPT Plugin is not working properly or you get error messages instead of a ChatGPT response, here are some ways to fix it.

  1. Click on the ‘Regenerate response’ button

Keep in mind that the ChatGPT plugin is still a beta feature, so bugs and other technical issues can occur frequently when you try to make any ChatGPT plugin work.

regenerate ChatGPT plugin response 2

However, in a lot of cases, the ‘Regenerate response’ button can help you fix a lot of errors.

  1. Check if you have selected the ChatGPT plugin mode

Once you have installed the Options Pro ChatGPT Plugin, you also have to make sure you are using the Plugin mode in ChatGPT if you want to use the Options Pro ChatGPT Plugin

Currently, the browsing mode and the plugin mode can’t be used at the same time as you can see on this screenshot:

ChatGPT plugin mode enabled

  1. Make sure you have enabled the Options Pro ChatGPT Plugin

Once you have selected the plugin mode, also make sure you have enabled the ChatGPT plugin.

Keep in mind that only three ChatGPT plugins can be enabled at the same time.

  1. Options Pro ChatGPT Plugin giving me a bad response or output.

If you can’t get the Options Pro ChatGPT Plugin to give you the desired output, the easiest method is to ask ChatGPT directly using the GPT-4 model how to get better responses from the Options Pro ChatGPT Plugin.

  1. Check other reasons why ChatGPT is not working

It is also possible that there aren’t any issues with the Options Pro ChatGPT Plugin, but ChatGPT has some technical issues in general. So as a best practice test, if ChatGPT is working without the plugin mode enabled.

If ChatGPT without the plugin mode enabled is not giving you a response as well, then most likely the bug is not related to the Options Pro ChatGPT Plugin.

How to uninstall Options Pro ChatGPT Plugin?

If you no longer want to use the Options Pro ChatGPT Plugin, here is how to uninstall it:

  1. Open and sign in to ChatGPT.
  2. Select GPT-4 model from the model selector.
  3. Click on the ChatGPT plugin icon
  4. Select Plugin store.
  5. Search for the Options Pro ChatGPT Plugin
  6. Click on ‘Uninstall’ to remove the Options Pro ChatGPT Plugin.

Official description of the Options Pro ChatGPT Plugin in the plugin store

Options Pro is your personal options trading assistant to help you navigate market conditions.

Learn more about ChatGPT plugins

Are you completely new to ChatGPT plugins?

Learning more about ChatGPT plugins can also help you use Options Pro ChatGPT Plugin more effectively.

Check out our ChatGPT plugin resources here:

Video tutorial for beginners on how to use ChatGPT plugins:

Some other ChatGPT tutorials:

Do you want to learn more about another ChatGPT plugin? Check out all the currently available ChatGPT plugin tutorials here.

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