Automated options trading
Hook directly into your existing brokerage account and let our bots automatically execute your trading strategies for you. Only pay for the bots that you use, while you are using them - no monthly or long-term commitments!
We make trade automation easy and accessible
Automated trading at a price you can afford
With active options trading becoming more popular and affordable, it's time to make it easier as well. If you follow an options strategy with mechanical rules, you can automate its execution by leveraging our bots.
- Easy to use
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Our bots require no software and no programming! You drive everything from our simple web interface, accessible worldwide on any device with an internet connection.
- Performance monitoring
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When your bots trade, you'll see the results immediately in your Whispertrades account. This includes detailed trade logs, performance charting, and comparisons against market benchmarks.
- Fast execution
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Speed matters! Don't sit around and wait for a slow bot to react. Our bots monitor your trades non-stop, all day long and can probably react to market conditions faster than you can yourself!
Deep insights into
The life of a trade
Go back and look at the minute by minute performance of any of your trades to see just how good (or bad) it was
Popular multi-leg
Options strategies supported
Let our bots handle the chore of scanning the options chain and assembling complicated orders with multiple contracts
- Short puts and calls
- Long puts and calls
- Credit spreads
- Debit spreads
- Straddles
- Strangles
- Iron condors
- Iron butterflies
Beautiful charts
Powerful analytics
Gain deep insight into your trading performance to identify where you're succeeding - or falling short
- Run against industry benchmarks
- how you're performing compared to the market. See industry-standard metrics such as CAGR, Drawdown, Sharpe, Sortino, and MAR ratio.
- Slice and dice your data
- on demand and save your custom reports to reference later. You'll have a link to share with a friend if you'd like!
- View high level or dive deep
- into performance statistics. Analyze your entire portfolio, individual strategies, months, or days of the week to identify performance patterns and trends.
TradingView Integration
Use webhooks to open and close trades using any of TradingView's thousands of indicators. Execute options trades from TradingView!
API Ready
Have programming chops? Hook into our own REST API to view and manage your portfolio and trades from your own software or interface.
Enterprise-grade security
The security of your investments is of the utmost importance, and that is why we use multiple layers of protection and follow best practices to protect your account and your data.
You maintain complete control over the bots while they are working, including visibility of what they are doing from both the Whispertrades platform and also your brokerage account.
With 99.9% uptime and industry-standard security, rest well knowing that your investments are in good hands.
- Launch date
- March 2021
- Contracts traded
- 4M+
Frequently asked questions
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Automated options trading is a form of options trading that will automatically execute trades to open and close positions based on rules and parameters that you provide. If you have a trading strategy that follows mechanical rules, there is no need to babysit the strategy yourself. Simply feed the instructions to a computer and let the computer manage the trades for you.
Whispertrades provides an affordable and easy-to-use platform where you can set up your mechanical trading strategies for the Whispertrades service to execute on your behalf - automatically via trading "bots."
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An "automated trading bot" is just a techy word for a trading strategy that is automated. It is a set of rules that you provide to a computer (in our case via the Whispertrades website) for the computer to execute for you. We like to refer to each strategy as a "bot", which is shorthand for "robot." It is sort of a term of endearment for our fearless workers.
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Unfortunately, we do not. However, our entry price is very, very low. You can start trading your strategy with 1 bot for just $1.10 per trading day - no monthly subscriptions or long-term commitments. You can stop payment and stop trading immediately, at any time.
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We do not charge any extra fees or commissions based on number of trades or volume of trades. We charge based on the number of bots that you have running at any given time. To estimate your bot cost, check out our pricing calculator.
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No, Whispertrades is not a broker, and you do not deposit any funds with us. We don't actually trade or hold your securities for you. Your funds and your securities remain with your current broker. You will establish a connection from Whispertrades to that broker, and then we will send order requests to your current broker based on the automated trading strategies that you configure.
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We currently support Charles Schwab, tastytrade, and Tradier clients and are working on adding support for more brokers.
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Yes, you can connect as many brokerage accounts as you would like. This includes multiple brokerage accounts from the same broker. If you have multiple accounts with one broker and multiple with another, you can connect just some or all of them to Whispertrades.
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Yes! We've developed our own paper trading platform, and you can use our bots just to paper trade, if you would like, without connecting a real brokerage account.
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Yes! All trades executed by the bot will be visible in your brokerage account and will look just like any other trade that you make yourself. The same is true for positions opened by the bot. Those will also show up in your brokerage account.
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Yes, you have complete control over our automated trading bots and can pause them at any time. Once you pause them, all orders will stop, no new orders will be placed, and you will not incur charges for that bot in your Whispertrades account. If you change your mind and want to start back up again later, you can easily do that as well. You will not pay for bots that you do not use.
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Nope! All bot configuration is done via a simple web interface that you can access from any device, anywhere in the world with an internet connection. No programming and no overly complicated screens.
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We do not. This is not a signal service or robo advisor. We do not provide sample strategies or templates or make recommendations for trading parameters. Any trading strategies that you wish to automate with our bots are strategies that must be created by you.
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The best place to learn more would be in our guide. If you can't find what you need there, feel free to send us a message via our contact form or hop in our Discord server where you can chat live with staff members and other Whispertrades users.