No-code options trading bots with backtesting, plus free options education.
Best Options Backtesters & Bots in 2026
Test options strategies on historical data, then automate entries and exits with your broker. We compared 8 tools on starting price, free tier and fit. Prices were checked on each tool's site on 2026-10-20.
| Tool | Starting price | Free tier | Best for |
|---|---|---|---|
| Option Alpha | From $99/mo | Yes | Traders who want to automate rules-based options strategies without code |
| Option Omega | From $24.99/mo | No | 0DTE and SPX traders who want to backtest then automate the same rules |
| OptionNet Explorer | GBP 535/yr | No | Manual backtesting of complex spreads on intraday data |
| ORATS | From $99/mo | ? | Serious traders and quants who want deep backtesting and clean historical data |
| TradersPost | From $41.65/mo | Yes | Automating TradingView strategy signals into broker orders |
| Alpaca | From $99/mo | Yes | Coders building their own options bots |
| Optvana | From $20/mo | Yes | Premium sellers who want probability-ranked scans and backtests together |
| TradesViz | From $14.99/mo | Yes | Active traders who want the deepest journal analytics for the money |
All options backtesters & bots
No-code options backtester on 1-minute data since 2013, with automation at tastytrade, Tradier, Schwab and TradeStation.
Desktop options analysis and backtesting software with intraday historical data and broker connectivity.
Options research platform with backtesters, option scanner, trade builder and historical options data APIs.
Automation platform that turns TradingView and other signals into live broker orders, including options.
Developer trading API with commission-free multi-leg options, paper trading and market data.
Options-selling platform: scan engine, income engine, strategy builder, backtests and broker-synced positions.
AI trading journal with 600+ stats, options flow, an options backtester and broker auto-sync.
How we pick
Listings are not ranked by payment. Each entry's price, free tier and features come from the tool's own website; anything we couldn't confirm is marked not verified. Methodology.