Option Alpha

Option Alpha is options automation rather than signal-selling. You build a strategy as a bot, backtest it against historical options data, then let it trade through a connected TradeStation, tastytrade or Tradier account. The backtester and the no-code bot builder are the real assets — very few retail platforms let you test an options rule properly before money is at risk. It is not a beginner's tool despite the education library: a bot does exactly what you specified, which means a badly reasoned strategy is executed faithfully and expensively, and the subscription only makes sense against an account large enough for its cost to be noise.