2023-12-16

Debit Spread added to Trade Ideas, beta-weighting, bot-archiving, symbol tags and more!

Added:

  • New trading strategies including Debit Spreads and Iron Butterfly added to Trade Ideas
  • Feature to archive trading bots
  • Trade Ideas and Positions now display Beta, Beta Weight, and Delta metrics
  • Trade Idea open position actions expanded to include Debit Spreads and Iron Butterfly strategies
  • Tags feature now available for Symbol based decisions
  • Decision to reference Symbol tags being present or not
  • ETF Ex-Dividend dates now included in Calendar
  • Direct link to Position Details from a position loop log entry
  • Function to copy multiple loop symbols to the clipboard for easy pasting
  • DTE sorting filter for Open Positions
  • Beta-weight properties now included in bot and position recipes
  • Beta weight summary now visible on Position and Bot screens
  • Global setting implemented to restrict max Exit Option attempts per day to prevent 390 Rule violations

Changes:

  • Trade Idea presets now displayed on the Home page
  • Trade Idea symbol selector organized alphabetically (A-Z) by column
  • Default selections for backtester leg delta removed
  • Text removed from the watchlist icon in Trade Ideas
  • 'Find Trade Idea' action now divided into Debit and Credit options
  • Symbol field now required when creating Trade Ideas Bot

Fixed:

  • Issue where symbol type decisions were not recognizing XSP
  • Display bar error with negative IV rank bars in the Screener
  • Issue with presets for EV and Alpha not saving properly
  • Symbol ID issue preventing XSP position importing from TD Ameritrade
Find new trade ideas
Option Alpha calculates probabilities for millions of potential options positions using live market data so you can find new ideas without the guesswork.
MacBook mockup