Nyria vs Option Alpha
A built bot, or your own alert
Option Alpha runs a backtested decision tree on Charles Schwab, Tradier, tastytrade or TradeStation; a TradingView alert only triggers one of its bots. Nyria reads a TradingView, Discord or Telegram alert as written and places the order, with no backtester of its own.
Nyria
- Stocks, options and crypto spot from the same alerts
- No per-bot fees on any paid tier
- Reads your alert text directly, no bot logic to build first
- TradingView, Discord, Telegram and webhook alerts built in
- Sell access to your strategy through your own checkout
Option Alpha
- Options bots on Charles Schwab, Tradier, tastytrade and TradeStation
- Backtesting against historical data, with no backtest cap
- Free with a qualifying Tradier, tastytrade or TradeStation account
- Browse bots other traders already built and backtested
- Free for the first 30 days, paper trading included
Feature
Nyria
Option Alpha
Options (single-leg and spreads)
Option Alpha's own pages describe options bots without detailing single legs versus spreads.
NyriaYes
Option AlphaYes
Crypto spot
Option Alpha's integrations page names Schwab, Tradier, tastytrade and TradeStation; none of them is a crypto exchange on that page.
NyriaYes
Option AlphaNo
Alert sources
NyriaTradingView, Discord, Telegram, TrendSpider, webhook
Option AlphaTradingView, as a trigger for a bot you already built
Reads your alert text directly
A TradingView webhook on Option Alpha only tells a bot's existing automation to run; the bot's own decision tree places the order, not the alert's own text.
NyriaYes
Option AlphaNo
Backtester
Nyria has no backtester and isn't building one. A strategy's record is priced from each alert it received.
NyriaNo
Option AlphaYes
Bots
NyriaNo per-bot fees on any paid tier
Option Alpha50 bots per account, $100,000 notional limit per bot
Paper trading
NyriaFree, no time limit
Option AlphaFree for the first 30 days
Sell access to your strategy
Option Alpha's own pages let you browse bots other traders built; they don't describe a paid payout to that trader.
NyriaYes
Option AlphaNo
Pricing
Free requires a Tradier or tastytrade account ($5,000 minimum each), or a TradeStation account ($10,000 minimum); a Schwab account pays the $99 to $149 monthly rate.
Nyria$100/mo per $10,000 of total entry allocation, or $1,000 a year per $10,000
Option Alpha$99 to $149/mo, or free on a qualifying account
From Option Alpha's public pages, Oct 17, 2026.
Moving from Option Alpha to Nyria
Replace the Option Alpha bot's decision tree with the alert text you already send.
Step 1
Pick a broker for the asset you want
Options run on Charles Schwab, Tradier, tastytrade or Alpaca. Add tastytrade or Alpaca for crypto spot too.
Step 2
Bring your signal source
A TradingView alert, a Telegram chat, or a Discord server you run. Paste the same message; Nyria reads plain text or JSON in your own wording.
Step 3
Set a budget per entry
Set each bot's budget per entry. You pay $100 a month per $10,000 of total entry allocation, or $1,000 a year per $10,000.
Step 4
Go live
Paper-trade a bot first, then deploy one on your live account.
Questions
Does Nyria build and backtest bots the way Option Alpha does?
No. Nyria has no backtester. A strategy's record comes from the alerts it received, not a historical simulation.
Does a TradingView alert place the exact order I send, the way it does on Nyria?
Not on Option Alpha. Its webhook only tells one of your bot's existing automations to run; the bot's own decision tree places the order. On Nyria, the alert's own text is what gets read and placed.
Can I trade crypto spot next to options?
Yes. Connect tastytrade or Alpaca for crypto spot alongside Schwab, Tradier, tastytrade or Alpaca for options, from the same alert sources.
How does pricing by total entry allocation work?
Your total entry allocation is the budget per entry across all bots on your live broker accounts. It's what your live bots could put in at once if they all entered together. Two live bots at $4,000 and $6,000 per entry make $10,000, on one broker or two. At $6,000 each they make $12,000, which needs the $20,000 plan. Bots on a creator's Premium strategy count toward that strategy's tier instead. $20,000 of it is $200 a month, or $2,000 a year. Nothing is charged per bot, per alert source or per broker.
What if I want to sell access to my alerts?
Set the strategy to Premium, then sell it through Nyria's checkout or map your own Whop or Stripe products to tiers. Members trade it automatically in their own brokerage accounts. Nyria's fee is $50 a month per member for each $10,000 of total entry allocation their tier allows.
More to read
Put an alert through it
Trade and test free on paper, forever. No card or broker required.
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