What's New in Option Alpha

Backtester updates, new bot decisions, exporting data and more

Open position legs based on the previous day's close price or today's open price

Supports both $ and % increments. Added in both bots and backtester.

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New decision to check if a bot has a existing position with a specific DTE range

Supports calendar or market days to expiration.

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Export position data for multiple bots

Analyze your trades in excel or feed your trades into your favorite AI. Available under Positions > Analyze.

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New "duration" column in analyzer position list

Quickly view when positions were opened and closed without having to click on the position.

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Position legs added to backtester position list

Vies a backtested position's option strike prices.

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Return on Drawdown and Return on Risk values added to the backtester

Can also be added as a column in Top Backtests.

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Additional updates worth mentioning...

  • Added color coded statuses for closed positions
  • Added ability to select high/low/open/close to minute(s) ago recipe
  • Ability to check the current time interval
  • Backtest to ORB bot now has an option to make only 1 attempt to enter
  • Added strategy filter on closed positions screen
  • Addressed situation where a manual order cancellation could hang if broker does not respond
  • Apply edits to community comments without a page reload

Backtester updates, new bot decisions, exporting data and more

March 23, 2026
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