Here's a breakdown of everything included at each level.
Starter
Popular
Pro
Elite
Bots
Number of Bots
i
Bots run fully automated strategies for options or stocks with no coding required.
10
25
75
Capital per Bot
i
The maximum amount of capital allowed for each bot.
$20k
$50k
$100k
Unlimited Trades
i
That’s right. We will never limit the number of trades you can send to your broker through the platform.
100% No-Code
i
You never have to learn to code to use Option Alpha. You're welcome ;)
Starter
Pro
Elite
Backtesting
Backtests Per Month
i
Don't be shy. You can backtest A LOT of options strategies every month.
0
100
500
Backtest Strategies
i
Backtest your options strategy in minutes and see its historical performance using multiple metrics such as win rate, profit factor, CAGR, and much more.
Save Backtests
i
All your backtests are saved in your Library to access in the future.
View Top Backtests
i
See the top backtests run by anyone inside the Community and sort by metrics like win rate, profit factor, CAGR, and more to find the best ideas.
Crowdsourced Backtesting
i
We automatically filter and rank the top backtested strategies across a ton of metrics to help you find new ideas.
Detailed Backtest Performance
i
View dozens of key portfolio metrics and stats, plus all the trades used in the backtest.
Edit & Re-run Backtests
i
Quickly update, tweak, or change anything inside your backtest and run a new version in seconds.
Allocation Testing
i
Test different combinations of position and portfolio allocations to optimize your strategies.
Trade Frequency Testing
i
Test your strategies with sequential, weekly, monthly, and quarterly trade frequency.
Starter
Pro
Elite
Automation
SmartPricing
i
Our proprietary SmartPricing technology places timed limit orders in a timed interval sequence, traversing the bid-ask spread until you reach your final price.
SmartStops
i
Our proprietary SmartStops allow you to set a target and a trailing percentage for a position to intelligently manage exits automatically.
Scanner Automations
i
Scanner automations use decision recipes to evaluate market data, filter trading opportunities, and open positions.
5 per bot
5 per bot
5 per bot
Monitor Automations
i
Monitor automations help you manage your positions automatically using natural language decision recipes. You can close, adjust positions, or send yourself a notification.
5 per bot
5 per bot
5 per bot
Recurring Automations
i
Set up your automations to run on a recurring schedule. Want to close your positions every Friday at the end of the day? No problem.
Date-Based Automations
i
Schedule an automation to run on a specific date and time in the future.
Instant Automation Testing
i
Test automations instantly w/ live market data to see what actions the bots will make in real time so you know exactly how it'll work before you go live.
Unlimited
Unlimited
Unlimited
Flexible Custom Inputs
i
Custom inputs allow you to create dynamic variable fields to be reused across your automation.
Automation Ordering
i
Scanner and monitor automations run in order from top to bottom. You can edit their order at any time.
Bot Buttons
i
Run any automation in your bot instantly for one-off scenarios.
Custom Notifications
i
Always stay connected. Send yourself custom notifications inside the platform.
Reusable Automations
i
Save time by adding an automation to your Library and reuse it in other bots.
Copy Automations
i
Copy an automation to create a new version so you can modify its actions without changing the original.
Grouped Decisions
i
Convenient AND/OR decisions can be grouped together into infinite combinations.
Earnings Detection
i
Reference earnings dates and decide to avoid or trade around earnings announcements.
Included
Included
Included
Bot Logs
i
Every decision, every trade, every automation, all the data, is in the logs 100% visible to you.
Starter
Pro
Elite
Safeguards
Max Allocation Limits
i
Tell your bot exactly how much capital it is allowed to use to open new positions.
Daily Position Limits
i
Limit bots on the number of positions it can enter each day.
Total Position Limits
i
Limit bots on the number of positions it can open in total.
Automations ON/OFF Button
i
You're always in total control. Turn your bot automations on or off whenever you want.
You're in charge
You're in charge
You're in charge
Manual Override
i
You always have the option to disconnect a position from the bot and manage it through your broker.
Collision Prevention
i
Bots are intelligent enough to prevent split positions and leg stomping. Yes, that’s a thing. We made sure it never happens so you don’t have to worry about it.
Full Control of Bots
i
You tell the bots what to do and when to do it. You have complete control at all times.
100%
100%
100%
Bot Log Visibility
i
Every decision, every trade, every automation, all the data, is in the logs.
Starter
Pro
Elite
Security
Two-Factor Authentication (2FA)
i
Additional layer of security when you connect a live brokerage account.
Included
Included
Included
TLS Browser Encryption
i
We use the highest level of TLS browser encryption.
OAuth API
i
We require broker dictated security protocols such as OAuth API access to secure your account.
Multi-tiered WAFs
i
Multi-tiered web application firewalls are placed in front of all web traffic to protect against malicious hack attempts.
Full Tech Stack Control
i
We spent six years building the entire platform from the ground up with an in-house team with no outside code libraries.
100%
100%
100%
Point-to-Point Access Requests
i
All requests originating from bots are sent via point-to-point access from our US-based servers directly to your broker.
Third-party Code Used
i
We wrote every single line of code that runs automated trading which means we control the full software stack from top to bottom.
None
Zero
Nada
Starter
Pro
Elite
Collaboration
Private Community
i
Crowdsource your investment strategy with interactive discussions, share and receive ideas via bot templates, and get answers to burning questions inside the Community.
Shared Bot Templates
i
One-click sharing of your bot template, privately or publicly, in the Community.
Share Automations
i
One-click sharing of your favorite automations, privately or publicly, in the Community.
Bot Templates
i
New bot templates are being shared daily so you never run out of ideas or have to build bots from scratch.
500+
500+
500+
Template Versioning
i
Template versioning helps you track when and how templates are updated.
1-click Cloning
i
Clone bots and automations quickly and easily with just 1-click.
Always
Always
Always
Follow Traders
i
Get updates and bot templates from any trader you choose to follow.
Subscribe to Updates
i
Subscribe to bot templates shared in the Community and get updated when new versions are released.
Private Messaging
i
Send private messages to your trading friends in the Community.
Group Messaging
i
Start a group message with up to 10 of your trading buddies.
Bookmark Posts
i
Save your favorite discussions and bot templates so they never get lost.
Starter
Pro
Elite
Watchlist
Personal Watchlist
i
Create a custom watchlist to keep tabs on your favorite tickers.
Top Momentum
i
Sort tickers by 3-month, 6-month, and 12-month price momentum.
52-Week Range
i
Find tickers at the high or low end of their 52-week range.
Top IV Rank
i
Sort tickers by IV Rank and annual volatility.
Upcoming Earnings
i
View tickers with upcoming earnings dates combined with EPS and revenue estimates.
Expected Daily Move
i
See the expected daily move of any ticker based on its volatility.
Ticker News Feed
i
Get curated news for your favorite tickers and filter out the market noise.
Starter
Pro
Elite
Infrastructure
Cloud-based
i
Web-based platform in the cloud, hosted by AWS, and monitored by our team inside our VPC.
Live Real-Money Trading
i
Connect your favorite brokerage accounts and live trade real money with bots.
Live Paper Trading
i
Use our in-house paper trading engine to test any strategy before you go live.
Included
Included
Included
Quick Broker Connection
i
Connect to your favorite brokerage account quickly and easily.
Connect Multiple Brokers
i
Want to use more than one brokerage to autotrade? Yep, you can do that!
Yes
Yes
Yes
Connect Sub-Accounts
i
Easily connect and trade multiple accounts at the same brokerage.
Automation Speed
i
React faster to market movements and avoid missed opportunities that cost money.
Starter
Pro
Elite
Support
Help from Humans
i
Our support team is 100% human and available to help you with anything you need.
Always
Always
Always
US-based Team
i
Our team is located in the US and able to help you with any questions.
Experienced Traders in Support
i
Talk with people who understand you. The support team are experienced stock and options traders.
Community Support
i
You’re never alone! Join thousands of traders to share ideas and ask questions.
On-going Training
i
Award-winning education and training is the foundation of our platform.
For Sure
For Sure
For Sure
Email Support
i
Experience our legendary support first-hand. Emails receive prompt and thorough replies. We’re always here for you.
Options Trading 2.0 is here
10k traders joining forces to create a new experience for options trading based on math, probabilities and automation.
