Get Option Alpha 100% FREE by simply connecting your TradeStation or Tradier Brokerage account! Learn more.
📣 Alpha One Closes Tonight!
This is your last chance to join! 👉 Learn more.

Find an edge backtesting 0DTE options strategies

Backtest 0DTE and next day options strategies using 1-minute data and then leverage automation to consistently execute your strategy better than humanly possible.
iPhone mockup

Backtest with confidence

Use 3 years of 1-minute historical options data to backtest your ideas and find strategies that work.

Compare multiple tests

Quickly add different variations and stress-test your strategy for entry times, profit-taking, technical indicators, etc.

Turn any backtest into a bot

Once you find a backtest you love, simply generate a bot that automatically trades the backested strategy for you.
How it works

Turn your backtested ideas into automated strategies

1

Backtest your idea

Have an idea for an options strategy? Great! Setup your strategy, including entry and exit filters, and run a new 0DTE or next day backtest using 1-minute historical options data.

2

Analyze strategy results

Once the backtest is done running you'll see the performance history, including a breakdown of every backtested position, critical stats, monthly P/L returns, and detailed trade logs.

3

Test new variations

Quickly spin up new variations to view side-by-side and see how different variables, trade management, or entry/exit timing impacts the performance of your strategy.

4

Compare multiple backtests

Combine the results of up to four backtests into one portfolio P/L curve to simulate what a group of options strategies could do if traded together at one time.

5

Automate your favorite strategy

Take any backtest you love and instantly create a bot that automatically trades the strategy for you using the exact details and settings you already backtested.

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

Backtest 0DTE and next-day options strategies

Run a backtest using multiple entry and exit criteria, position settings, and technical indicators to analyze detailed performance history for all your ideas.
Customize everything to target your exact strategy setup
Include slippage for increased accuracy when going live
Runs on 1-minute historical options data vs. end-of-day data
Dashboard mockup

Compare and combine multiple backtests

Quickly add multiple variations to stress-test different variations and variables to improve performance. Then, combine the results of multiple strategies into one portfolio curve.
No limits on how many times you can run backtests
Compare up to 4 backtests at one time
View combined results to simulate a portfolio of strategies
Dashboard mockup

Detailed logs of every trade give you full transparency

Extensive logging gives you confidence in the backtest your running before going live with a strategy. Every backtest includes detailed trade logs in case you want to dive into historical data.
Full list of every position that was used in the backtest
Includes exact entry & exit times and order pricing details
Plus, see why some trades were filtered out and skipped
Dashboard mockup

Create a bot to automatically trade your new strategy

Once you've found a backtest you love, instantly turn that backtest into an automated bot that trades the exact same strategy you backtested. Then, let your new bot find and manage trades for you.
Turn any backtest into an automated strategy
New bot uses the exact same settings and criteria as backtest
Bots execute your strategy better than humanly possible
Dashboard mockup

Start Your 30-day FREE Trial

No credit card required. Cancel anytime. Full feature access.
Already have an account? Log In
Quick 4-min demo

Backtest 0DTE & next-day strategies, then turn into bots that trade for you

Plus, see how fast you can test multiple variations to find the perfect strategy.
40M+
Backtests already run by traders
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique.
1 Min Data
for hyper-focused intra-day testing
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique.
Unlimited
backtesting means no restrictions
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique.
Our partners
tradestation
tastytrade
tradier brokerage

FAQs

Here's everything you need to know about the backtester.
Can I backtest with 1 min options data?

Yes, all backtesting for 0DTE and 1DTE uses 1 min historical options data.

Is the backtester full featured?

Yes, there are no limits to backtesting features during your trial. You'll have the ability to kick all the tires and test everything you want during your trial period.

Are technical indicators supported?

Yes, you can include technical indicators within your backtests.

How many backtests can I run in my trial?

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

Can I compare backtests?

Yes, you can compare multiple backtests at once as well as create new variations of any existing backtest to test new ideas. Plus, you combine multiple backtests to see a portfolio P/L for the strategies running concurrently.

Is there a free trial?

Yes, you can try Option Alpha completely free for 30 days. During your trial you'll have a chance to kick the tires on every part of the platform so you can make the best decision. Plus, there's no credit card required to sign up.

What is the cancellation policy?

We understand that things change. Rest easy knowing there are never any contracts or commitments, and you can cancel at any time. In fact, we make it easy to cancel your subscription with one-click inside your billing profile.

What is the refund policy?

We offer a clear refund policy for our traders. This is on top of our full-featured 30-day free trial. Your subscription remains active for the remainder of your paid billing period. Annual plans are refundable within 7 calendar days of an automatic renewal billing.

Can I cancel at any time?

Yes, you can cancel at any time and there are never any contract commitments. In fact, you have control to cancel your account directly from your account settings.

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. Paper trading allows you to test your bot’s automation logic risk-free, in real-time, with live market conditions. Plus, you leverage the power of bots to test limitless strategies, ideas, and portfolio combinations so you're comfortable with autotrading before you start trading live.

What ticker symbols are available in the backtester?

SPX, SPY, QQQ, IWM & XSP are supported for backtesting.

What position types can I backtest?
  • Long call
  • Long call spread
  • Short call spread
  • Long put
  • Long put spread
  • Short put spread
  • Iron condor
  • Iron butterfly
What brokers are integrated for autotrading?

tastytrade, TradeStation, and Tradier 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.

Start your 30-day free trial

Join over 11,000+ options traders already using Option Alpha.
Trade with Conviction
Find an edge backtesting 0DTE and next day strategies using 1 minute data then leverage automation to execute your strategy better than humanly possible.
MacBook mockup