2024-03-09

OA Labs with earnings stats & price forecasting; plus new decision recipes, bot updates and more!

New OA Labs section with early access to new, experimental ideas including:

  • Forecaster - Forecast a future stock price to find trades with the best results at that price
  • Earnings - Historical analysis and stats for earnings reports
  • Trade Grid - Quickly compare and place your own custom trade ideas
  • Brokerage Accounts - Simple view of current account balances and positions across multiple brokerage accounts

Ability to update bots cloned from a template to the latest version

Upgrade a bot cloned from a template without having to start over from scratch.

Ability to test the number of exit attempts a position has had in the current day

Let your imagination run wild with this one...

The “Position opened” trigger has a new input to access the position that was opened

New decision to test if a position's underlying price is inside or beyond the breakeven, short strike or long strike price

Thanks goes to @Jared Lambright, @scott97122 and @Reuben H for contributing to this one in this community discussion!

Ability to use tagged symbols as the value for "Symbols" inputs

Example use: Use a Conditional action + Bot Symbols loop to tag symbols based on various criteria/market conditions and then execute a find trade idea action with the symbols that have a specific tag. Thanks goes to @Andy for contributing to this one in this community discussion!

Added a refresh button to update Bot Symbols immediately

All 3 bot position “count” decisions now have a status option to count the number of positions in a specific state

This finally allows us test if a bot has a position that is actually open (vs opening) to hedge or chain into multiple positions.

Live/paper filter on the bot selector menu

Thanks goes to @marc for suggesting to this one!

Ability to count the number of symbols a bot is currently using

Thanks goes to @norman64115 for contributing this one in this community discussion!

New position "spread width" and "P/L per contract" values in decisions

Thanks goes to @Corey and @Reuben for contributing these in this community discussion!

Trade Ideas “Auto-Trade” automatically sets up and initializes the selected watchlist filter

Updated trailing stop to support faster activation and less strict trailing rules

This is intended to mimic negative trailing stops found in thinkorswim. For more details, please see this community discussion. Thanks goes to @karl13632 and @scott97122 for contributing to this one!

Position mid price filter no longer requires a max price

Thanks goes to @Shiv M for contributing to this one in this community discussion!

Thanks again for being a part of the Option Alpha family. We look forward to hearing your feedback in the Community.  

Sincerely,

The Option Alpha Team

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