For the love of trading

The open and closed position pages have been updated to display more of the essential details traders want to see. Plus, the stock's last price is now colorized to quickly show a position's moneyness.

You can now customize your Trade Ideas, Bots, Positions and Screener columns to display the key information you want to see.

Manual position closing now includes the ability to exit only the short legs of spreads and partially close multi-contract positions for increased trade management.

We’re pleased to announce that together we have crossed a huge milestone in live options trades.

Option Alpha's October platform release includes enhanced position management controls, customizable columns, and all-new updates to display key trade details.

Option Alpha is thrilled to finally spotlight one of the most unique and passionate trader who embodies the spirit of camaraderie and enthusiasm, Lee.

Our newest research blog explores Alpha, which measures return on risk using Expected Value. We analyzed 960k trades on 155 tickers to determine Alpha’s accuracy.

This study examines the Black-Scholes-Merton model's flexibility in calculating expected value. We explore how this formula allows us to calculate probabilities and expected values in multiple ways, and we’ll compare the different methods to show why Option Alpha uses historical volatility.

Option Alpha traders are eligible for a free Pro+ account when you connect a qualified TradeStation account.

We share the three EV calculations you can use with the information available in any brokerage platform and compare the methods to determine their accuracy.

We analyzed 130k Trade Ideas positions to visually compare each trade's realized P/L to its Expected Value at trade entry.

We analyzed 230k 0DTE options trades to determine what successful Option Alpha traders are doing and the key metrics that influenced profitable strategy setups.

Analyze your trading performance and filter live or paper results by strategy type, ticker symbol, account, bot, and tags for in-depth portfolio analysis.

We are very excited to spotlight one of the most inquisitive and fearlessly engaging members in the Option Alpha Community, Pen.

Option Alpha's newest platform release introduces Trade Ideas 2.0, including autotrading, EV and Alpha calculations, top strategies, a bot leaderboard, and more!

Trade Ideas 2.0 revolutionizes the way you find potential trading opportunities using math and probabilities. Plus, you can now autotrade using Trade Ideas.

There's a new leaderboard that tracks the top performing bots shared in the Option Alpha community to help you discover new ideas and strategies.

We are very excited to spotlight one of the kindest, selfless, and most helpful autotraders in the Option Alpha Community, Bob Gould.

We are thrilled to spotlight Charles, an engineer who embraces education, strategy development, and selflessly sharing ideas with the Option Alpha Community.

Using pre-trade opportunity filters is always a best practice. This update gives you an easier format to add entry and position criteria for more efficiency and reduced friction in your automations.

Exit options now include trailing stops for the most advanced automated position management available.

Say hello to a more intuitive, easier to use automation editor with color coded actions and collapsible decision blocks.

2023's second major platform release includes 1-minute trailing stops, a reimagined automation editor, SmartPricing upgrades, Trade Ideas improvements, and more.

We are so grateful and thrilled to be able to spotlight one of the most prolific bot builders and tireless people we know, Reuben Helmuth.

Learn how you can get a free Option Alpha Pro+ account when connecting your qualified Tradier Brokerage account.

Trade Ideas calculate probabilities for millions of potential options positions using live market data so you can make smarter trades.

You now have expanded criteria for researching option strategies so you can customize your ideas with more detail.

Every position now includes an interactive real-time option payoff diagram that uses live pricing to update key metrics and probabilities, so there's no guesswork on your position's current status.

Manual trading is getting a huge upgrade. We reimagined the user experience of manual trading to solve problems and simplify your life.

Introducing faster position management! Pre-set your exit options when opening a position and let automation manage your position every minute.

We analyzed over 25,000 0DTE option positions traded in the autotrading platform to assess what worked and how traders set up short-term trading strategies.

Announcing $0 commission-free trading for Option Alpha members using TradeStation in the autotrading platform.

Option Alpha announces $0 commission-free trading through our exclusive agreement with Tradier Brokerage.

Creating a bot has never been easier! The new bot wizard helps you go from idea to automated strategy in a few simple steps.

Option Alpha’s new ‘Backtest to Bot’ feature lets you instantly create an automated trading strategy from any backtest in our database.

Using our Backtester, we explored the historical performance of SPY put credit spreads to help determine the entry and exit criteria that best fit your trading objectives.