Option Alpha Leverage automation to improve returns, find better trades, and transform into a superhuman trader.

What is Option Alpha?

Option Alpha provides a comprehensive platform for options traders seeking to enhance their performance through automation. The platform includes tools for identifying and backtesting trading strategies, including specialized features for 0DTE and next-day trades on SPX. It helps traders visualize future price ranges, provides backtested earnings report trade ideas, and presents pre-calculated trading opportunities.

The platform automatically monitors positions, offering a live, interactive options payoff diagram. It supports risk-defined options strategies including long debit spreads, short credit spreads, iron condors, and iron butterflies.

Features

0DTE Oracle: Find and backtest 0DTE and next day trades for SPX.
Price Range Visualization: Visualize future price ranges and earnings dates.
Earnings Edge: Backtested trade ideas for earnings reports.
Trade Ideas: Find new trade ideas based on math and probabilities.
Options Payoff Diagrams: Visualize the payoff of any position.
Automated Position Monitoring: Automatically monitor positions every minute.

Use Cases

Backtesting options strategies
Finding new trade ideas
Automating trade execution
Monitoring open positions
Analyzing earnings report opportunities
Visualizing potential trade outcomes

FAQs

Can I paper trade with Option Alpha?

Yes, 100%. We built our own paper trading engine so you can paper trade as much as you want right inside Option Alpha without having to connect to a brokerage.
Does Option Alpha charge commissions?

Option Alpha is not a broker. We are a software service provider. We will do not charge you commissions of any kind.
Can I cancel at any time?

Yes, you can cancel at any time and there are never any contract commitments.
Is there a free trial?

Yes, you can try Option Alpha completely free for 30 days.
Do I need to know how to code?

Nope - never! Option Alpha requires no coding experience.