Option Alpha Alternatives

If you're looking for another Option Alpha alternative, WealthCharts is worth a look. The service uses AI technology in conjunction with more traditional trading tools like backtesting, a strategy builder and an options trading interface. It also has a library of proprietary scanners and more than 200 technical indicators, so it's got a lot of meat for serious traders. It also offers educational materials and can link to multiple brokers, with different pricing tiers.

Another contender is LevelFields. The AI-powered service speeds up research by finding events that affect stock prices and offering an interpretation through a news monitoring system. It also offers daily AI stock and options trades, event alerts and customizable trading strategies. LevelFields is designed to free up time for research and to provide actionable information, so it's good for both long-term and short-term investors.

If you prefer a data-centric approach, check out Tradytics. It offers premium options flow data and AI-powered news feeds, along with more advanced analytics tools and AI-generated trading ideas. Tradytics is geared for retail traders who want to make better decisions but don't have the time or expertise to wrestle with trading data. It offers features like AI-generated portfolios and algorithmic analysis.

Last is TradeSmith, which offers a range of tools for managing a portfolio and assessing risk. With automated buy and sell alerts and a full options interface, TradeSmith is geared for individual investors who want to make their own decisions. It also offers cryptocurrency tools and macro investing features, so it's good for people who want to manage their investments in a more sophisticated way.