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Option Alpha

Updated Oct 22, 2026

FreemiumBacktesting & strategyIntermediate

⚠ What to watch out for

Bots trade options in your real account. Start in paper mode and understand assignment and spread risk before automating.

How we checked this
Official site
optionalpha.com (opened Oct 22, 2026)
Pricing
$0/mo with a qualifying broker account (e.g. TradeStation); top plan $99/mo billed annually or $149 monthly · source, checked Oct 22, 2026
Markets
options (Not verified yet on the official site)
How it touches your money
Connects to your brokerage to place orders. Bots place orders in a brokerage account you connect. · source
Known incidents
Jun 2021: trademark lawsuit (Jaffee v. Option Alpha) filed in S.D. Florida; voluntarily dismissed with prejudice on Jul 29, 2021. Source: Justia docket (searched Oct 22, 2026: breaches, outages affecting funds, regulator actions, lawsuits, data leaks)

Facts come from the official pages linked above, checked on the dates shown. Prices change; confirm on the vendor's site before paying. How we review tools. This is a software description, not a recommendation to buy any tool, security or crypto asset.

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