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

Option Alpha
Paid
From 79$

Home: https://optionalpha.com

Social:
  • #options trading
  • #automation
  • #backtesting
  • #trade ideas
  • #earnings reports
  • #position monitoring

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.

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