Start backtesting options strategies

Options Backtesting
Use our backtesting engine to test your ideas before live trading them.
Allocation Testing
Test different combinations of position or portfolio allocations to optimize strategies.
Easy Editing
Quickly update, tweak, or change anything inside your backtest in seconds.
Find Ideas
Our crowdsourced strategy performance rankings help you find new ideas.
Backtest your strategies
- Multiple testing durations
- Exit ahead of expiration
- Adjust trade frequency
- Avoid earnings reports
- Profit & stop-loss targets
- Set custom allocations

Analyze performance stats
- Performance ratios
- Position averages
- Win/loss metrics
- Expected holding period
- Typical trade size
- View entire trade history

Compare multiple strategies
- Adjust starting capital
- Side-by-side results
- Test multiple allocations
- Percentages or dollars
- Vary position sizing
- Re-run strategies easily

Discover top backtests
- Percentage returns
- Profit factors
- CAGRs
- Max drawdowns
- Win rates
- Consistency metrics

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 single trade in a backtest.
Captial Variations
Test different overall capital allocations to find optimal performance.
Position Limits
Limit tested position sizes to analyze the impact trade risk.
Massive Database
Let us handle the massive databases required to run historical backtests.
Analyze Performance
Use simple, natural language decision recipes to tell your bot what to do.
Historical Data
Use all available data for each ticker you test as far back as 2007 in most cases.
Fast Cloning
Edit and re-run tests changing portfolio allocations with just a few clicks.
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.