TradeStation Securities has integrated with Option Circle, allowing users to access and trade using Option Circle’s suite of tools without needing a separate brokerage platform.
Option Circle, a subsidiary of Trading Circle, is an AI-driven bot platform that provides comprehensive analysis tools and features to retail investors at an accessible price.
Enhancing Advanced Options Trading
The U.S. multi-asset class broker-dealer will enable its clients who subscribe to Option Circle to access automated trading bots, detailed analytics, algorithmic trading strategies, no-code trading algorithms, and a Round Table message board for active engagement and insights sharing.
Option Circle subscribers may also generate income by licensing their trading bots and strategies through the platform.
John Bartleman, President and Chief Executive Officer of TradeStation Securities’ parent company, TradeStation Group, Inc, said: “Advanced options trading is one of our key objectives at TradeStation Securities, and this latest integration with Option Circle is another enhancement to our clients’ trading experience. With Option Circle, our users have an opportunity to incorporate an AI bot platform with advanced quantum-computing capabilities into their trading toolbox.”
Shishu Bedi, President and CEO, Option Circle, commented: “We are thrilled to formalize the collaboration between Option Circle and TradeStation Securities, enabling traders to access our autonomous trading tools, which are guided by proprietary AI-driven bots. At Option Circle, we believe complexity should not be a barrier to trade, so our users don’t have to become experts in options or other asset classes to begin trading.”
TradeStation offers self-clearing equities, options, futures, and futures options brokerage services as a licensed securities broker-dealer and futures commission merchant (FCM).
TradeStation Integrates with OptionsPlay
In April, TradeStation integrated with options analysis platform OptionsPlay, enabling users to subscribe and execute trades directly within the OptionsPlay platform. This partnership streamlines the trading process, providing a more efficient experience. TradeStation clients benefit from customized pricing and access to OptionsPlay’s services, including research, trade ideas, and educational tools.
OptionsPlay assists users in leveraging options in their portfolio by offering strategic decision tools, daily trading signals, market commentary, and opportunity reports. Features include Daily Trade Ideas, Market Updates & Reports, and a focus on community and education.
The platform offers resources like DailyPlay Trade Ideas for optimal entry and exit signals, educational webinars by Tony Zhang, a renowned market strategist, and CNBC contributor, and exclusive members-only content. Additionally, OptionsPlay provides tools for trade analysis with a trade simulator and strategy checklist, allowing users to compare strategies using the OptionsPlay Score and Insights dashboard.
DailyPlays, highlighted as a key feature, provide analyst hand-picked trade signals via email before the market opens, detailing option strikes, expiry, and contract numbers with comprehensive analysis. Rick Bensignor, a former Chief Market Strategist at Morgan Stanley, contributes to these trade ideas, applying a contrarian approach and using DeMark indicators alongside the Ichimoku Cloud for counter-trend strategies.
The OptionsPlay Hub offers various reports, including Daily Liquidity & IV Rankings and Earnings Calendars, facilitating numerous trade ideas for users.