Option Alpha

Overview

Option Alpha is a comprehensive web-based platform designed for options traders who want to leverage automation and data-driven insights. It provides a suite of tools including a no-code strategy builder that allows users to design and deploy automated trading bots without writing any code. The platform offers extensive historical backtesting capabilities to test strategy performance against past market data, helping traders refine their approaches.

Key features include AI-powered market scanning to identify potential trading opportunities, paper trading for risk-free practice, and seamless integration with numerous major brokerage accounts for direct trade execution. Option Alpha aims to empower traders to build, test, automate, and manage their options trading strategies systematically, reducing the need for constant manual monitoring and potentially improving trading consistency and discipline. The platform supports complex options strategies and provides tools for portfolio management and performance tracking.

Key Features

• No-Code Automation Platform
• Automated Trading Bots
• Historical Backtesting Engine
• AI-Powered Market Scanners
• Strategy Marketplace
• Paper Trading (Simulated Trading)
• Portfolio & Position Management Tools
• Brokerage Integrations for Automated Execution
• Customizable Conditions and Actions

Supported Platforms

• Web Browser

Integrations

• TD Ameritrade
• Interactive Brokers
• Charles Schwab
• E*TRADE
• TradeStation
• Ally Invest

Pricing Tiers