Option Circle is a social platform that utilizes algorithmic trading and AI-driven bots to automate options trading strategies for users. It enables traders to create, license, and execute custom trading algorithms, enhancing decision-making speed and accuracy while reducing reliance on manual trading methods.
Funding
$2.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many retail investors lack the tools and expertise to effectively navigate the complexities of options trading, often relying on gut feelings or manual methods that can be slow and inaccurate. This can lead to missed opportunities and increased risk due to emotional decision-making and inefficient order execution.
Solution
Option Circle provides an AI-powered platform that automates options trading strategies, enabling users to create, license, and execute custom trading algorithms without needing to write code. The platform integrates real-time market data and technical analysis to enhance decision-making speed and accuracy. Users can choose from pre-defined strategies or build their own, test them against historical data, and automate their execution through connected brokerage accounts. Option Circle also fosters a community where traders can share insights, license bots, and participate in trading tournaments.
Target Audience
Option Circle targets retail investors, both beginners and experienced traders, who seek to automate their options trading strategies, improve decision-making with AI-driven insights, and connect with a community of like-minded traders.
Features
- No-code bot creation using a visual interface with over 1000 real-time technical and fundamental data points
- Automated strategy execution with smart order routing for precise and low-cost trading
- Backtesting capabilities to validate strategies against historical data
- Real-time analytics and performance tracking to refine trading decisions
- Social trading features for sharing strategies and licensing bots to other users
- Integration with TradeStation and Tradier brokerage accounts for automated investing
- Round Table message board for community engagement and sharing trading insights
- Options strategy automation across stocks, ETFs, indices, and cryptocurrency ETFs