No-code, fully automated trading

Research ideas, automate strategies, and make smarter trades with Option Alpha’s automated trading platform. It's that simple.
18,754
Active bots are running inside our platform right now.
28,972
Active positions currently open and monitored by bots.
74,763
Automations in total are running inside those bots.
Option Alpha Backtester

Backtester

Build your own backtests, testing different timeframes and capital allocations to fine-tune your trading strategy, or discover top-performing backtests ranked by P&L, win-rate, CAGR, Sharpe ratio, and more.
Option Alpha Bots

Bots

We built the industry's first fully automated trading platform with no coding experience required that automates entire strategies (stocks or options) making decisions based on technical indicators, recurring events, time until expiration, profit-taking and stop-loss levels, and so much more. 
Option Alpha Community

Community

Discover new strategies, share ideas with bot templates, and discuss opportunities by surrounding yourself with a community of thousands of traders as passionate about trading as you are.
Option Alpha Watchlist

Watchlist

Turn insights into action by intelligently tracking your favorite stocks and ETFs and easily filter through curated watchlists by volatility, momentum, range, earnings, and more to find new ideas.
Option Alpha News

News

Start your mornings with personalized news, headlines, and sentiment automatically curated for you based on the tickers you're following to stay updated and informed but not overwhelmed.
100% No Code

Option Alpha was built so you never have to learn how to code anything to use it.

Cloud Scaling

Our tech stack lives in the cloud so we're always up, always on, ready to scale.

Strict Security

We conform to the most stringent industry standards to protect you.

Absolute Visibility

You have complete control and can see everything your bot does at all times.

Risk Controls

Control exactly how much risk you give to a bot or each position you enter.

Position Limits

Limit bots on the number of positions it can enter each day and/or in total.

Find Ideas

Our crowdsourced strategy performance rankings help you find new ideas.

Execute Faster

React faster to market movements and avoid missed opportunities that cost money.

Bot Templates

Start with pre-built bot templates so you don't have to build strategies from scratch.

Data Driven

Let bots process millions of data points and prices faster than you ever could.

Simple Recipes

Use simple, natural language decision recipes to tell your bot what to do.

Automation Editor

Our powerful automation editor gives you infinite flexibility with bot actions.

Fast Cloning

Clone bots or automations quickly and easily with just one-click.

Bot Personalization

Go ahead, have fun with your bots and give them names and custom icons.

Opportunity Filters

Bots can filter market data and pricing to find the perfect trading opportunities.

Instant Testing

Test your automation and bot actions to validate it's working the way you want.

Template Notes

Add notes, images, or links to your bot templates to keep tabs on your strategy.

Organized Folders

Keep all your automations neatly organized with folders inside your personal Library.

Share Templates

One-click sharing of your bot template, privately or publicly, to the community.

Instant Automations

Run any automation in your bot instantly if needed for a one-off scenario.

Recurring Schedule

Run automations on any recurring schedule you can think of.

Dated-based Trades

Schedule an automation to run on a specific date and time in the future.

Event Triggers

Trigger automations to run only when bots open or close a position.

Reusable Automations

Save any automation to your Library and reuse them in other bots.

Scan Watchlists

Create custom watchlists or use curated ones to keep tabs on your favorite tickers.

Technical Indicators

Scan for and trigger trades based on popular technical indicators.

And/Or Decisions

And/or decisions are a breeze and can even be grouped together.

Earnings Triggers

Pull earnings dates and decide to avoid or trade around earnings announcements.

Bot Logs

Every decision, every trade, every automation, all the data, is in the logs.

Massive Community

You're not alone here with more than 250k traders around the world in our family.

Follow Traders

Get updates and bot templates from traders you choose to follow.

Private Messaging

Send private messages to your trading friends in the community.

Group Messaging

Start a private group message with friends and share trading ideas or bot templates.

Bookmark Favorites

Save your favorite discussions or bot templates so they never get lost.

Better News

We fixed the way you consume news so it's actionable and curated just for you.

Multiple Accounts

We support multiple account types (IRA, Cash/Margin, Roth, etc.) from one login.

Paper Trading

Use our in-house paper trading engine to test any strategy before you go live.

Manual Trading

Really? You still want to trade manually? Okay we've got that too if you need it.

Collision Avoidance

Avoid over allocating or trading too much with position and bot limits.

Custom Inputs

Create custom inputs that become dynamic variable fields for automations.

Activity Notifications

Notifications for all the activity in your account so you know what's going on.

Easy Editing

Quickly update, tweak, or change anything inside your bots in seconds.

Options Backtesting

Use our backtesting engine to test your ideas before live trading them.

Data Inspector

Want to see exactly what data was used by the bot to make each decision? You got it.

Allocation Testing

Test different combinations of position and portfolio allocations to optimize strategies.

What's Hot

Always see the hottest discussions and bot templates shared inside the community.

On-going Training

Award-winning education and training is the foundation of our platform.

Legendary Support

We never cut corners with support and real humans are here to help you anytime.

Integrated with the top brokers

We've partnered with the top brokers in the industry to bring you automated trading and we're just getting warmed up.
View Integrations

The Automation Advantage

Don't get stuck using old technology that makes you do everything and requires you to watch the markets all day.
  • Never miss another opportunity because you were away from the screen or weren't paying attention.
  • Make the most of your time by automating strategies (stocks or options) from entry to exit.
  • Leave emotional, biased, and reactionary trading decisions behind and use bots to trade systematically.
  • Take the guesswork out of trading with backtesting across multiple allocation, entry, and exit scenarios.
  • Move faster and scale easily with cloning, editing, modifying, and sharing of bots templates.

Pre-built bot templates you'll love

Not sure where to start? Explore the huge library of bot templates shared inside our Community you can clone and edit.

10M

Bots can process information 10,000,000 times faster than humans

~80%

It's estimated that over 80% of trading is already dominated by automation

67k

We handle more than 67,230+ symbol updates per second each day and growing

4.5 GHz

Yep, we're running the fastest cloud servers available on planet earth

0.5

Market data is updated every 0.5 seconds (500 milliseconds) and never delayed

10k

Bots receive and process 10,000+ packets of market data per second

< 1.0

It takes automations a fraction of 1 second to run all decisions and actions

33k

Individual option contracts we track across hundreds of tickers for our traders

1 GB/m

We can support 1 GB of data per minute (that's a lot) inside the platform

One platform for all traders

See how different types of investors and traders are using automated trading technology to reach their goals and free their time.
It's awesome seeing a bot learn how to do what you do. Because you know it can do it over and over again for you without letting emotions get in the way of the actual game plan.
Oliver
I've been trading for over 40 years, and realize there are a lot of trading styles besides the ones I feel most comfortable with. With bots, I think I can manage to try more things without increasing the time necessary to execute and manage trades.
Ron
All of my bots, which are not many, and designed by others and tweaked by me are all doing their bot jobs.
Bob
You all just keep validating my decision to become an elite member. Thank you for continuing to add value to the platform.
Joseph
I'm so impressed with SmartStops, testing within the automation and the 'Opportunity is Available' recipe. I'm working on a Debit Spread Strategy right now and these are ALL relevant and coming in handy. I'm literally chuckling and grinning as I read these release notes because of how cool these new features will be.
Dave
This platform is going to change the game. Layers of abstraction are what innovation provides and that's exactly what the investing world needs. I don't have bandwidth to sit on TOS trying new things all day. This platform will allow me to participate in markets in a more automated way.
Joe

Secure, private, and scalable

Most platforms are a hodgepodge of code from various code libraries and scripts that creates unstable platforms and leave you vulnerable. At Option Alpha, we took a different approach and spent five years building the entire platform and network from the ground up with an in-house team.

We wrote every single line of code that runs automated trading which means we control the full software stack from top to bottom. It's this level of commitment you won't find anywhere else. Plus, we also...
  • Operate a web-based platform in the cloud, is hosted by AWS, and monitored by our team inside our VPC.
  • Require the highest level of TLS browser encryption and broker dictated security protocols such as OAuth API access to secure your trades.
  • Send all requests originating from bots via point-to-point access from our US-based servers directly to your broker.
  • Provide continuous, high-quality software deployment from our DevOps team who all are also traders themselves.
  • Place multi-tiered WAFs, web application firewalls, in front of all web traffic to protects against malicious hack attempts.
  • Use reverse proxying to scalable web server instances to create the fastest platform possible for our traders.

Where do you want to go next?

No matter what your trading experience or comfort with options, we've got you covered with world-class education and training.

Learn how to trade options

We're still the go-to place for 100% free courses and training to help you learn how to trade options safely.
  • Learn how to trade with self-paced education.
  • Videos, articles, and guides you can access anytime.
  • Download free checklists and guides.
  • Guided learning tracks from beginner to autotrader.
Go to University

Start your bot training

Explore our easy-to-follow guides and videos to quickly help you use bots for automated, systematic trading.
  • Clear, organized training to get you started today.
  • Step-by-step comprehensive videos and tutorials.
  • Follow along with bot examples you can replicate.
  • Dedicated support ready to answer your questions.
Start Bot Training

Trade smarter with automation

Common Questions

How do I join the waitlist?
Simply scroll up to the top or bottom of this page and click the big green button that says "Join Waitlist". Follow the steps to confirm your email address and you will be added to the waitlist.
Is this a new trading platform?
Yes. We are launching the industry's first trading platform that allows you to connect your brokerage account to automate trading strategies you use (stocks or options) from start to finish. This is not just autotrading of select strategies or systems. With Option Alpha you can run a backtest, create bots, and automate your personal strategy.
Do you offer a free trial?
Yes, we will offer a free trial when we launch publicly.
How can I get early access?
Traders will be invited from the waitlist in small batches once all our existing PRO/ELITE traders have be added. You can always improve your position in line by sharing your unique invite link with friends.
Are there any commitments for joining the waitlist?
There are zero commitments to joining the waitlist. Once you are sent an invite to try out the new platform, you will be awarded a free trial to give it a test drive before any commitments are necessary.
What happens after I sign up?
After you sign up for the waitlist, sit tight and we will email you with an invite when it is your turn along with updates on our progress. Want to get access sooner? Share your unique invite link with friends to skip ahead in line.
How do you choose who gets Beta access?
Beta access will go in the order of the waitlist with existing ELITE/PRO traders naturally getting priority positions.
What about security?
Great question and we take security very seriously. Option Alpha enforces TLS browser encryption when you're on the web platform in addition to using whichever security protocol is dictated by the brokerage to access your account. The standard for granting API access to user accounts is OAuth. All of our infrastructure is housed in the United States, which means no matter where you are in the world accessing the web platform, all requests originating from bot are send via point-to-point access from our US-based servers directly to your broker. Finally, all data is encrypted in transit which means it's secure and protected.
What brokers are supported?
We currently support TDAmeritrade (thinkorswim) and will have future integrations with TradeStation, and Tradier coming soon. We will continue to announce new agreements with additional brokerage partners as they are signed and confirmed. Want to see your broker as an integrated partner on our list? Send them an email and tell them to give us a call!
Are multiple brokerage accounts supported?
Yes, we support multiple brokerage integrations under the same account. Have multiple sub-accounts (IRA plus a regular Margin account) at the same brokerage? You can also connect to each sub-account so long as you have a single login for all accounts at that brokerage.
How much will it cost when the platform goes public?
We have not finalized our public pricing yet. However, a few different pricing tiers will be available to make autotrading accessible to as many people as possible.
Do I have to know how to code or learn to code?
No! You can backtest, build, and clone trading strategies all without code. In fact, you never need to code anything on our platform. We've spent a long time building this platform to make it available to everyone, not just those who know code.
Will there be a library of bot templates to use?
Yes, there will be a library of public bot templates you can use to start with. And since everything was built to be interconnected, as more people continue to build bots they can choose to share them publicly so that others can clone and re-use new templates and strategies.
Can I autotrade stocks and options?
Yes, both stocks and options are available to autotrade.
Are futures, futures options, or forex supported yet?
No. Currently most brokerage APIs do not support these markets. Should this change in the future (no pun intended) we open up additional products for trading through Option Alpha. However, this is not on our roadmap currently until brokerage APIs expand to support the functionality required.
Can non-US traders use the new autotrading platform?
Yes! Non-US traders can take full advantage through on of our supported brokerage partner integrations. Through our combined partnerships we are going to be able to support traders in over 120+ countries around the world.
How does Option Alpha make money?
We generate revenue through recurring subscriptions to our platform and software. We don't get paid for order flow or based on how much you trade.
Is Option Alpha a brokerage or RIA?
Option Alpha is not a brokerage or RIA, we are a software-as-a-service (Saas) technology provider.
Do you charge commissions or get kickbacks for trades?
We charge zero commissions and receive zero kickbacks for trades from our broker partners. Our incentives are only aligned with providing the best possible experience using the Option Alpha platform, not with how many times you trade. *Naturally, you are still responsible for any commissions or fees in your brokerage account.
What if my broker isn't supported yet?
Call/email/tweet/message your broker and request an integration! If there is broker you want supported, the best thing you can do is help us push them to integrate. Most brokers we would love to connect with either do not offer a public API yet and/or have legacy API technology that cannot handle autotrading. Our goal is to support as many brokers as possible. Anything you can do to help push them along from you end helps us move faster.
Is paper trading available as well?
Yes. We built our own paper trading engine so you can choose to paper trade or live trade any bot in your account. We will allow everyone to build bots for free when we launch publicly. We believe that you should have as much time as you need to build and customize your bots. Whenever you're ready to turn them on and start autotrading (either paper or live with real money) you'll need to upgrade to one of our paid plans.
Does the platform run on live data feeds?
Yes. Option Alpha connects to live market data feeds.
Can I filter trading opportunities before entering new trades?
Yes. We will have the ability to filter trading opportunities before entering them. For example, only enter a short put spread IF the potentially gain is greater than 30% or IF the the bid/ask spread is less than $0.05. This is just a small sample, but as you can see, there's a lot of flexibility in what you can do.
How often are automations run during the day?
Automations that run continuously, such as scanners and monitors, run every 15 mins throughout the trading day. Keep in mind that each bot could have multiple automations running at the same time, each with dozens and dozens of decisions, and running these automations for you every 15 mins allows us to control server loads and processing power across the entire platform.

If you’re a high frequency or day trader and you want faster scans, we’ll absolutely have a path for you in the future to “power-up” your bots to use short intervals (i.e. as low as 1 min). This would be a small additional monthly cost to help with the added server and data processing load this creates.
Can a bot run multiple automations at the same time?
Yes. You can choose to run multiple automations within each bot, every automation looking for a different set of criteria to enter a trade.
Do I have control over the pricing of my trades?
Yes of course. We’ll have the standard order types (GTC, etc.) as well as a new automated pricing feature called, SmartPricing which we recently announced.
Can the bots manage adjustments and rolls?
Yes, so long as you define the triggers and trades for the adjustments. For example, if you sell a short put spread you could automatically sell a call spread when the short strike is challenged and convert the position into an iron butterfly or iron condor.
How much control do I have over my trades?
You have complete control over every trade that is made. 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 choose to keep my strategies and bots private?
Absolutely. Private is always the default setting for all your trades, strategies, and bot templates. You always have control over what you share or alternatively choose not to share.
Will there be a mobile app for Option Alpha available?
Yes. We are currently focused on ensuring that the web-based version of our platform exceeds all expectations of our Beta users and we are working to add new features and updates daily for them. Once we are confident that the core functionality and features are in place after listening to our traders, we'll move quickly to develop a mobile app for autotrading in the future.
Does the new platform run in the cloud?
Yes. Option Alpha's new platform for autotrading was build as a web-based software that runs completely in the cloud which means you never have to download any local desktop software. We're always up, always running, totally secure.
Still have questions about Option Alpha? Email us at team@optionalpha.com

Trade smarter with automation