← All Comparisons

OptionsPilot vs E*TRADE: Options Calculator Comparison (2026)

Compare OptionsPilot and E*TRADE for covered calls and options analysis. See which platform offers better tools for income-focused options trading.

OptionsPilot6features better
2ties
E*TRADE2features better

Feature Comparison

Feature
OptionsPilot
E*TRADE
Winner
Covered Call Calculator
Dedicated tool with AI
Options chain analysis
✓ OptionsPilot
AI Strike Finder
Yes
No
✓ OptionsPilot
Mobile App
Modern, focused
Feature-rich
Tie
Options Education
Built-in tooltips
Knowledge center
Tie
Trade Execution
Analysis only
Full brokerage
✓ E*TRADE
Commission
Free analysis
$0.65/contract
✓ OptionsPilot
Power E*TRADE
N/A
Advanced platform
✓ E*TRADE
Home Screen Widgets
Yes
No
✓ OptionsPilot
Return Calculations
Instant annualized
Manual
✓ OptionsPilot
User Experience
Simple, intuitive
Moderate complexity
✓ OptionsPilot

Frequently Asked Questions

How does OptionsPilot compare to E*TRADE?

OptionsPilot offers superior covered call analysis with AI-powered recommendations, while E*TRADE provides full brokerage services. Use OptionsPilot to find optimal covered call opportunities, then execute on E*TRADE (or your preferred broker).

Does E*TRADE have a covered call calculator?

E*TRADE's Power E*TRADE platform has options analysis tools, but no dedicated covered call calculator with AI recommendations like OptionsPilot. You'll need to manually calculate returns on E*TRADE.

What are E*TRADE's options commissions?

E*TRADE charges $0.65 per options contract. OptionsPilot is free for analysis—you only pay your broker's commissions when you execute trades.

Can I use both together?

Absolutely! The ideal workflow is: use OptionsPilot to find and analyze covered call opportunities with AI recommendations, then execute trades on E*TRADE. This gives you the best tools from both platforms.

Our Verdict

Use OptionsPilot for: Finding and analyzing covered calls with AI-powered recommendations, calculating returns instantly, and tracking positions with iPhone widgets.

Use E*TRADE for: Executing trades and managing your brokerage account.

Best approach: Use OptionsPilot to find optimal covered call opportunities, then execute on E*TRADE.

Ready to Try OptionsPilot?

Get AI-powered covered call recommendations in seconds

Try Free Calculator