Send multiple rapid-fire orders to your broker automatically

SmartPricing works through the bid-ask spread, automatically sending and canceling multiple timed limit orders so you don't have to.

Try It Free

Stop stressing about orders

Do you feel like you should get better pricing on your trades? We know the feeling. Now you can let SmartPricing attempt multiple prices for you and stop stressing about your orders.

Adapts to fast markets

Rapid-fires limit orders

Auto-cancel and replace

Always try for better pricing

With Option Alpha's SmartPricing, bots automatically scan for the best possible price so you don't have to.

No more costly slippage

SmartPricing works through the bid-ask spread to find the best possible price in live market conditions so you can be confident you're getting the best fills available.

Stop watching your orders all day

Say goodbye to monitoring your orders and let SmartPricing automatically cancel and re-send orders to your broker for you.

You're always in control

Select the setting that works best for every automation, or simply turn off SmartPricing and use a limit order.

Smartpricing and Smartstops is a total game changer and really fun to watch.

Oliver Acevedo

@oliver84

Cancel & replace orders automatically

See how SmartPricing sends timed limit orders to enter and exit positions.

Platform Updates

Exit Options Now Support Customizable SmartPricing

The latest upgrade to Exit Options now supports custom SmartPricing settings for each scenario, plus we added the ability to send Market Orders if you choose.

Expanded SmartPricing Settings to Control Slippage

New SmartPricing settings empower you to combat wide bid/ask spreads and abnormal price fluctuations.

Explore more cutting-edge tools for options traders

Powerful, simple and hyper-focused trading tools to help you place smarter trades.

FAQs

Here's everything you need to know about

SmartPricing

What is a Bot?

Bots are like assistants that help with trading options. In Option Alpha, all trades and automated logic are performed by bots. A bot can also execute a complete trading strategy from entry to exit automatically.

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.

Can I still open and close positions with my broker?

Of course. You can still open and close positions in your broker's app. You can also import existing brokerage positions into your Option Alpha account, as well as open and close positions manually in the autotrading platform.