Alpaca now offers options through their API. Starting today, developers and traders alike can buy, sell, and exercise. The best part? It’s commission-free.
Hey Product Hunt 👋
I’m Yoshi, Co-founder CEO of Alpaca. I’m excited to have @hnshah hunt this for us!
TL;DR: Options became a more popular but approachable asset class from the “meme stock” movement a few years ago. However, the reality remains that options are still a sophisticated but volatile asset class, requiring well-tested trading strategies. This also means that developers can take advantage of this sophistication and build with our robust, developer-friendly API. Because of this, we’re excited to announce our commission-free Alpaca Options API here on the Product Hunt!!
Sign up today and grab your free API keys at https://alpaca.markets/options
What’s an option❓
An option is a contract that gives the buyer the right, but not the obligation, to buy or sell a specific amount of a stock at a predetermined price (the "strike price") within a certain period of time.
Why trade options with Alpaca Options API❓
✅ Commission-free, easy to use API
🧠 Developer-friendly with real-time market data, testing environments, and SDKs like Python
⚡️ Performance plus reliability with 1.5ms order processing and 99.995% uptime
🏆 Backed by industry-recognized organizations like Y Combinator, Portage Ventures, and more
1️⃣ Comprehensive assets in one account: US listed options plus crypto, stocks, and ETFs
How much does it cost to trade options❓
Options trading is commission-free for retail investors with Alpaca Options API.
When can I start trading❓
Today! Sign up at https://alpaca.markets/options, it takes less than a few minutes.
Do you have any options documentation I can review❓
Definitely, check out: https://docs.alpaca.markets/docs....
Happy building! 🛠
—
Quick legal note:
Options trading is not suitable for all investors due to its inherent high risk, which can potentially result in significant losses. Please read Characteristics and Risks of Standardized Options before investing in options.
This is not an offer, solicitation of an offer, or advice to buy or sell securities, other financial products or open a brokerage account in any jurisdiction where Alpaca is not registered. Please see our disclosure library for important information.
About Alpaca Options API on Product Hunt
“Trade options commission-free via API”
Alpaca Options API launched on Product Hunt on May 7th, 2024 and earned 238 upvotes and 43 comments, placing #5 on the daily leaderboard. Alpaca now offers options through their API. Starting today, developers and traders alike can buy, sell, and exercise. The best part? It’s commission-free.
On the analytics side, Alpaca Options API competes within API, Fintech and Developer Tools — topics that collectively have 655.9k followers on Product Hunt. The dashboard above tracks how Alpaca Options API performed against the three products that launched closest to it on the same day.
Who hunted Alpaca Options API?
Alpaca Options API was hunted by Hiten Shah. A “hunter” on Product Hunt is the community member who submits a product to the platform — uploading the images, the link, and tagging the makers behind it. Hunters typically write the first comment explaining why a product is worth attention, and their followers are notified the moment they post. Around 79% of featured launches on Product Hunt are self-hunted by their makers, but a well-known hunter still acts as a signal of quality to the rest of the community. See the full all-time top hunters leaderboard to discover who is shaping the Product Hunt ecosystem.
Hiten Shah