Use math and probabilities to find trading opportunities

Trade Ideas conveniently displays thousands of trades we can filter, sort, and analyze quickly using key metrics.

It's never been easier to find a trade

We'll calculate all the key information you need to know before placing an order, so you can filter for your favorite opportunities.

Filter & sort thousands of trades

Analyze pre-calculated position setups

Updates every minute

Probabilities calculated in real-time

Filter, sort, and analyze trades using max profit, max loss, EV, Alpha, probability of profit, reward/risk, and much more.

Multiple position types, 100+ tickers

Filter for credit and debits spreads in popular stocks and ETFs.

Filter opportunities for your favorite trade

Narrow your focus and target only the trades that meet your trade plan.

Automate your entry criteria

Jump in and enter trades manually, or automate Trade Ideas with a click of a button and let bots open and manage trades.

No items found.

Trade Ideas performance analyzed

We're always improving Trade Ideas with new features and updated research.

Platform Updates

Explore more cutting-edge tools for options traders

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

Payoff Diagrams

Visualize your positions

0DTE Oracle

Find 0DTE Trades

Exit Options

Automated position management

Earnings Edge

Find earnings trades

Trade Ideas

Find trade ideas

Webhooks

Webhook automation triggers

SmartPricing

Rapid fire order

FAQs

Here's everything you need to know about

Trade Ideas

How does Trade Ideas work?

Trade Ideas scans continuously during market hours (9:35am - 3:55pm) and finds trade ideas in 3 ways:

It analyzes the returns of thousands of position setups used by all of us (underlying symbol, leg deltas, days to expiration, etc) and loads the current market data for the top performing position setups and compares them looking for opportunities using Reward/Risk, EV (expected value) and Alpha (EV / Max Loss).
It examines every option series expiring in 45 days or less that falls on a Friday and matches up every possible combination of legs at various delta values (.50, .45, .425, .40, .375, .35, .325, .30, .275, .25, .20, .15, .10) looking for opportunities.
It examines all current open positions in the platform looking for opportunities.

Can I paper trade with Option Alpha?

Yes, 100%. 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 strategy risk-free