Option Alpha
Category: backtesting · Starting price: Free · paid $149/mo · ≈$1,188/yr
Option Alpha is a platform for building, backtesting and automating options trading strategies. Users set entry and exit rules, test variations against historical data and run them as bots, connecting to brokers such as TradeStation, tastytrade and Tradier. From the vendor's website: optionalpha.com.
Plans and pricing
| Plan | Monthly · Yearly |
|---|---|
| Broker plan (TradeStation, Tradier or tastytrade) | Free$0/mo with a qualifying connected account: TradeStation $10k minimum balance; Tradier or tastytrade $5k. Live trading only through that broker |
| Pro | $149/mo · ≈$1,188/yr (billed annually; 12 × $99/mo, derived)Trade with any supported broker; no minimum balance |
≈ = calculated by us, not published by the vendor. Prices in USD before tax. How we read prices →
- Option Alpha says it is not a broker, and it charges no commissions; the $0 broker plans are paid for by the broker partner and need a qualifying funded account.
- 30-day free trial. Refunds on annual plans are possible for 7 days after an automatic renewal. A "save 72%" promotion banner was shown on 2026-10-17 and is not reflected above.
Source: https://optionalpha.com/pricing. Checked 2026-10-17.
Features (as listed by vendor)
- Unlimited options backtesting (all plans)
- No-code automated options trading bots: up to 50 bots with a $100k cap each (all plans)
- Paper trading without a broker connection
- Live trading through supported brokers (any supported broker on Pro)
At a glance
| Free plan | |
|---|---|
| Real-time data | Not published |
| Last checked | 2026-10-17 |
Note: No-code options trading bots with backtesting and paper trading. For retail (non-professional) traders only.
Price history
Tracked since Oct 2026: Free · paid $149/mo · ≈$1,188/yr
- 2026-10-17 · Pro: $149/mo · ≈$1,188/yr (Baseline: price recorded when we checked the vendor page)
No price or plan changes logged since tracking started.
First checked by us on 2026-10-17. We hold no price data from before then, so none is shown. All price changes
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