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Be a more powerful
options trader

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

Find new trade ideas based on math and probabilities

Explore pre-calculated trading ideas that meet your criteria, then instantly place orders.
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Visualize future price ranges and earnings dates

See the future price range that the options market is projecting along with each expiration's max pain point.
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Find and backtest 0DTE and next day trades

Trade SPX for cash settlement and favorable tax treatment using the all-new 0DTE Oracle.
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Live, interactive options payoff diagrams

Visualize the payoff of any position including max profit/loss, probabilities, EV, Alpha, and more.

Automatically monitor your positions every 1 minute

Your bots are always watching your positions and take action for you when an opportunity becomes available.
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Get Started Today!

Start Your 30-day FREE Trial

No credit card required. Cancel anytime. Full feature access.
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FAQ

Everything you need to know before getting started.
What happens when my trial ends?

Your free trial account will cancel automatically after 30 days. You will not be charged and you'll receive multiple email notifications before your account is deactivated. You can upgrade at any time here.

What is included in my trial?

During your 30 day trial, you'll have full access to the Option Alpha platform and all the tools, including the backtester, screener, Trade Ideas, 0DTE Oracle, bots, automations, and the Community.

How many days is the free trial?

Your free account is active for 30 days. You'll have full access to the Option Alpha platform during your trial. Plus, you can connect your broker account to trade live positions during your trial.

Can I upgrade to a paid plan during my trial?

Of course! You can upgrade at any time. Click here to see our pricing plans and learn how to get a FREE Option Alpha Pro membership.

Will I be charged if I don’t cancel my trial?

Nope. We do not require any form of payment to start a trial and you'll never be charged unless you upgrade to a paid membership plan.

Do I need to cancel my trial?

No, your free trial account will cancel automatically after 30 days. You will not be charged and you'll receive multiple email notifications before your account is deactivated. You can upgrade at any time here.

Do I need a credit card to start a trial?

No. All you need to start your free trial is an email address and password. We will never ask for payment during your free trial and there are no hidden costs. You can upgrade at any time here.

How many backtests can I run in my trial?

Unlimited. There are no limitations on how many backtests you can run.

How does 0DTE Oracle work?

The 0DTE Oracle is a tool that helps us find and analyze 0DTE and next day trading opportunities. It aims to solve the problem of probabilities and expected value (EV) being less accurate for 0DTE trades by providing backtest results to help identify quality trades instead of relying on probabilities. Each trade's metrics are backtested against the underlying's previous 1 year of intraday minute data to see how trading a similar position daily would have performed over that time.

How does Trade Ideas work?

Trade Ideas scans continuously during market hours (9:35am - 3:55pm) and finds trade ideas in 3 ways:

  1. It analyzes the returns of thousands of position setups used by all of us (underlying symbol, leg deltas, days to expiration, etc) and loads the current market data for the top performing position setups and compares them looking for opportunities using Reward/Risk, EV (expected value) and Alpha (EV / Max Loss).
  2. It examines every option series expiring in 45 days or less that falls on a Friday and matches up every possible combination of legs at various delta values (.50, .45, .425, .40, .375, .35, .325, .30, .275, .25, .20, .15, .10) looking for opportunities.
  3. It examines all current open positions in the platform looking for opportunities.
Will Option Alpha build bots for me?

No, Option Alpha does not build or recommend bots for individual traders. We will, however, help guide you through using bots, setting up a bot and adding automations, and walk-through many examples and use cases for trading with bots.

What is an automation?

Automations are the instruction manual for your bots. You can use automations to scan the market for opportunities, open positions, manage your trades, and more.

What is a Bot?

Bots execute trading strategies inside your portfolio. Bots are the home for your positions, risk management, and automations. You are in complete control of your bot's activity and tell them what to do and when to do it. You can automate all of your strategy from entry to exit, or create hybrid manual-automated strategies.

Do you offer an onboarding class?

Yes, you can find everything you need to get started with bots and automation in the Option Alpha Fast Track.

How much does Option Alpha cost?

Option Alpha offers monthly and annual memberships with multiple pricing plans. See pricing for more details and learn how you can get a FREE Option Alpha Pro account.

Who controls the bots?

You do. You have complete control over everything and nothing will run without your explicit permission. You tell the bot when, where, what it will do through the creation of automations. You can build automations to run continuously, on a defined schedule, or at the push of a button. Just tell the bot exactly what to look for and what trade to make. Plus, you can interfere anytime to pause, close, or open trades out of sequence.

Can I paper trade my bots first?

Of course. In fact, we always recommend paper trading your bots first. We built our own paper trading platform that uses live data, unlike the delayed data often provided by brokers. This means you can use Option Alpha even if you never connect to a brokerage account to fully test your ideas with real market data.

Do I need to know how to code?

Nope - never! Option Alpha requires no coding experience. None. Zero. Nada. Our entire platform was built with a no-code framework which means everyone can learn how to use bots and automations with no prior experience. Plus, we also have extensive autotrading resource center to learn how to start autotrading.

What brokers are integrated for autotrading?

tastytrade, TradeStation, Tradier, and Charles Schwab are integrated and supported brokers. If you want access to a different broker, please request an integration with your favorite broker using the links on the Broker Integrations page. We will continue to announce new agreements with additional brokerages as they are signed and confirmed.

Do I need to download anything?

No, Option Alpha is a web-based trading platform that runs completely in the cloud which means you never have to download any local desktop software. We're always running, accessible from anywhere you have an internet connection. Plus, you never have to keep your browser open to run your bots either.

Our partners
tradestation
tradier brokerage
tastytrade
Charles Schwab

Loved by traders around the globe

Hear what our traders are saying about Option Alpha.

After nearly two years of following OA, I finally took the leap and joined the platform earlier this year. As someone who has primarily been a long stock investor only, I never imagined myself venturing into the world of professional option trading. However, the OA platform has proven to be a game changer, convincing me that option trading can indeed complement my investment strategies. I recently attended Kirk’s Bootcamp workshop, which was truly outstanding, especially for a newbie option trader like myself. The insights gained were invaluable, and I was really excited to put them into practice.

Gosh, I take a few days break from OA and come back to a whole bunch of new goodness. Can't wait to figure out how to take full advantage of it. Thanks OA team for all of your hard work! Amazing what a small group of dedicated people can do.

I'm retired too, and have been learning options for the last couple years. Just discovered OA a couple months ago, and I'm loving it.

Thanks OA team. Amazing additions and improvements. It literally just keeps getting better! Thanks for all of the continued effort.

The more challenges you throw at the OA team the more they deliver.

Amazing new features. Thanks for all the hard work. Loving the platform!!!

You guys at OA work fast. I was so happy with the last update and now this! I’m loving the trailing stop on the exit options and the triggers on the automations. Will definitely be taking advantage of these updates in the coming days. Thank you!

As a software developer I wanted to backtest some option strategies. Just when I was getting ready to spend $10,000 on CBOE DataShop, OptionAlpha was launched. Getting the Pro+ subscription was a no-brainer for me. As I discovered, the best part of OptionAlpha is the community, here I found some of the smartest people around.

Excellent job! You guys Rock! Love the update. Thank you for leveling the playing field.

Holy sh*t, the new Automation Editor is incredible. Great work!

For a year now, I've been utilizing Option Alpha and it has been a transformative platform into my trading tools. The team has an impressive set of educational resources that facilitate a deeper understanding of option trading and bot utilization. The recent platform update is remarkable, featuring more user-friendly options for customizing trades and safeguarding profits. I'm still adjusting and experimenting with new features like trailing stops, the team has truly done an outstanding job!

Trailing stops and 1-minute exit options have greatly improved my trust in automated trading. If my position doesn’t get filled right away, I don’t need to worry as it will keep trying every minute.