What's new at option Alpha?
Trade smarter with automation Join thousands of traders around the world already using Option Alpha's new platform to backtest, automate, and run entire trading strategies (options or stocks) with absolutely no coding required.
Can I get live market data from option Alpha?
Yes. Option Alpha connects to live market data feeds. Can I filter trading opportunities before entering new trades? Yes. We will have the ability to filter trading opportunities before entering them. For example, only enter a short put spread IF the potentially gain is greater than 30% or IF the the bid/ask spread is less than $0.05.
Is option alpha safe to use?
Yes. Option Alpha's new platform for autotrading was build as a web-based software that runs completely in the cloud which means you never have to download any local desktop software. We're always up, always running, totally secure. Still have questions about Option Alpha? Email us at [email protected]
Can I trade options on option Alpha through a brokerage API?
No. Currently most brokerage APIs do not support these markets. Should this change in the future (no pun intended) we open up additional products for trading through Option Alpha. However, this is not on our roadmap currently until brokerage APIs expand to support the functionality required.
How good is option Alpha?
If you're looking for a way to backtest and automate your own trading strategies, Option Alpha is the perfect platform. If you're looking for someone else to manage your money for you, it might not be a good option.
Who is Kirk du Plessis?
Kirk Du Plessis - Founder & CEO - Option Alpha | LinkedIn.
Are options Alpha free?
Best Free Educational Platform Option Alpha For a no-risk way to shoot up the options trading learning curve, Option Alpha offers 12 high-quality courses with hundreds of videos for free, making it our top pick as the options trading course with the best free educational platform.
Which option strategy has highest success rate?
The most successful options strategy is to sell out-of-the-money put and call options. This options strategy has a high probability of profit - you can also use credit spreads to reduce risk. If done correctly, this strategy can yield ~40% annual returns.
Who owns Option Alpha?
Jack's comprehensive background includes over 20 years building and scaling leading-edge tech companies. Jack founded Alta5 in 2014, an auto-trading platform for coders which merged with Option Alpha in 2018.
Who is Scott Bauer?
Scott George Bauer (January 11, 1954 – October 24, 2003) was the senior pastor of The Church On The Way from late 1999 until his sudden death in 2003.
Which option trading course is best?
10 Best Online Options Trading CoursesBullish Bears. Options Trading Course.Udemy. The Complete Foundation Stock Trading Course.Udemy. Options Trading for Rookies (Part 1-3): Understand Options Completely.Udemy. Options Trading for Beginners.Investopedia Academy. Trading for Beginners.Coursera. ... Simpler Trading. ... Skillshare.More items...•
Who is the biggest option seller?
Manish Dewan can be considered the all-rounder of option sellers.
What is a poor man's covered call?
DEFINITION. A poor man's covered call is a long call diagonal debit spread that is used to replicate a covered call position. The strategy gets its name from the reduced risk and capital requirement relative to a standard covered call.
What is the most profitable call option?
At fixed 12-month or longer expirations, buying call options is the most profitable, which makes sense since long-term call options benefit from unlimited upside and slow time decay.
Why a Handbook?
One of the most frustrating things for new and experienced traders is the lack of a singular resource for education. The internet is full of unorganized, subjective, inconsistent information.
The Future of the Handbook
The Handbook is not a completed document; it will be continuously updated, enhanced, expanded, and improved based on users’ feedback.
Episodes
The iron butterfly strategy is a popular neutral options strategy. Plus, with their high probability and risk-defined characteristics, traders of any experience level can use in their portfolios.
Popular Podcasts
If you can never get enough true crime... Congratulations, you’ve found your people.
211: Iron Butterfly Strategy - 8 Tips Before Your Next Trade
Show Notes: https://optionalpha.com/show211 The iron butterfly strategy is a popular neutral options strategy. Plus, with their high probability and risk-defined characteristics, traders of any experience level can use in their portfolios.
209: The Doors Are Open to Autotrading & The Next Chapter of Option Alpha
We are excited to announce that the Option Alpha platform doors are open to the trading public!
What happens when options go down?
This has to do with the concept that over time, more often than not, if a stock is going to go down, it will crash violently and fast. When the markets go up, they tend to float or naturally go up at a steady pace.
Why does option Vega decrease?
In fact, as we approach expiration, option Vega decreases because longer-dated option contracts are more tied to volatility changes. As we get closer to expiration, the impact of volatility on an option price goes down.
What is an inter-month skew?
Inter-month Skew. This looks at the volatility, generally, between the front-month expiration and a back-month expiration. For example, when you get into an earnings event, the week that the earnings are announced, the weekly contracts' volatility goes through the roof.
Backtester
Build your own backtests, testing different timeframes and capital allocations to fine-tune your trading strategy, or discover top-performing backtests ranked by P&L, win-rate, CAGR, Sharpe ratio, and more.
Bots
We built the industry's first fully automated trading platform with no coding experience required that automates entire strategies (stocks or options) making decisions based on technical indicators, recurring events, time until expiration, profit-taking and stop-loss levels, and so much more.
Community
Discover new strategies, share ideas with bot templates, and discuss opportunities by surrounding yourself with a community of thousands of traders as passionate about trading as you are.
Watchlist
Turn insights into action by intelligently tracking your favorite stocks and ETFs and easily filter through curated watchlists by volatility, momentum, range, earnings, and more to find new ideas.
News
Start your mornings with personalized news, headlines, and sentiment automatically curated for you based on the tickers you're following to stay updated and informed but not overwhelmed.
Integrated with the top brokers
We've partnered with the top brokers in the industry to bring you automated trading and we're just getting warmed up.
The Automation Advantage
Don't get stuck using old technology that makes you do everything and requires you to watch the markets all day.
