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Option Alpha
Option Alpha helps users build, test, and automate options trading plans with connections to supported brokerage accounts.
About Option Alpha
Option Alpha helps users build, test, and automate options trading plans. Users define entry and exit rules, backtest variations including 0DTE strategies, and use bots that enter and exit positions based on those rules, including handling profit targets, stop losses, and exits before key events. It also provides trade ideas ranked by expected value (EV) and backtested plans created by other traders.
Live trading connects to TradeStation, tastytrade, or Tradier accounts, and users can start with paper trading. A 30-day free trial is available with no credit card required, alongside free beginner, intermediate, and advanced options courses.
Key features
- Build options trading plans with custom entry and exit rules
- Backtest strategy variations including 0DTE options strategies
- Automate position entry, exit, profit targets and stop losses
- Browse thousands of backtested plans created by other traders
- Rank trade ideas by expected value (EV)
- Connect TradeStation, tastytrade, or Tradier brokerage accounts
Best for: Options traders who want to test rules-based plans and automate execution through supported brokers.
Good for
- 30-day free trial with no credit card required
- Option to start with paper trading
- Free beginner, intermediate, and advanced options courses
Option Alpha at a glance
- Website
- optionalpha.com
- Category
- AI & Machine Learning › AI Agents & Automation
- Type
- Website
- Pricing
- Free trial
- Platforms
- Web
- Open source
- Not stated
- Language
- English
- Last checked
- Oct 5, 2026 · Online when checked
- Listed
- Oct 5, 2026
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Option Alpha FAQ
Which brokerage accounts can be connected?
TradeStation, tastytrade, and Tradier accounts are listed for connection.
Is there a free trial?
Yes, there is a 30-day free trial with no credit card required, with paper trading to start and the option to cancel anytime.
How does automating a plan work?
You select entry and exit rules, backtest variations, then a bot enters and exits positions based on those rules.
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