Added
- Trade Ideas 2.0 with Expected Value and updated Alpha calculation
- Generate a bot to auto-trade Trade Ideas
- New automation actions: Open Trade Idea and Find Trade Idea
- Ability to move positions from one bot to another
- Added to EV (expected value) to Trade Ideas and updated Alpha calculation (EV / Max Loss)
- New Exit Options for EV and Alpha
- Reward/Risk filter added to Trade Ideas
- Open Position window now displays probabilities, Alpha, EV, and DTE
- Added notes to bot Settings page
- Direct navigation for Community alerts to replies and upvotes
- Added EV, Alpha, Prob of profit, Probability of max profit, Probability of max loss, and Reward/risk to position and opportunity decision recipes
- New symbol selector for Trade Ideas that includes the total number of available ideas per symbol
- Additional help links and tooltips throughout the app
- Top Bot Templates leaderboard
- Top Strategies section that displays the top credit spreads of the last 90 days.
- Waitlist for 5 minute Scan intervals
- Option Alpha Referral Program for subscribers
Changed
- Trade Ideas that cross over earnings are now excluded by default
- Significantly improved mobile experience in portrait mode
- Removed IV Rank column from Trade Ideas
- Removed Position criteria check from Long Equity strategy
- Opportunity leg ordering to match the Open Position action
- Copied automations can be saved without editing the name field
Fixed
- PML column not filtering trades with less than 10%
- New account passwords not working with certain special characters
- Error when using Open Action Bid/Ask check with Long Equity strategy
- Duplicate opportunities populating to Recent section inside Open Position
- Error generated when using Long Equity position criteria checks
- OA logo partially cut off when left navigation was collapsed on smaller screens
- Inability to delete backtests when using the Safari browser
- Log not opening for ETF symbols referencing earnings criteria
Learn more about these updates here: Option Alpha July 2023 Release
