Alpaca

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.

I looked into Alpaca long ago for a fintech project and was impressed by what they offerd. Happy to see they are continuing to grow.

Congrats on the launch! Quick question: where the crypto options are taken from? Binance, Deribit or other?

The is great! I love the inclusion of Crypto. It's vital and so many other platforms miss it. Question: is the 1.5 ms txn time applicable to blockchain txns as well? I work with ethereum very often and it's famously slow.

Hey @yokokawa244 and the Alpaca Options API team, always good to see products for portfolio diversification. I have yet to trade options, as it's not in my wheel-house, so I can't comment on or review the product. However, I am interested in asking about your entrepreneurial story and launch here. The commission-free model was pioneered by Vlad from Robinhood and fundamentally changed the way stock trading happened. I can only assume you looked to them for inspiration and am curious what lessons you learned from Robinhood's launch (and other similar services) for the development and launch of this product. -J

Congrats on the launch Yoshi 🚀 How do you monetize, seeing that Alpaca is commission-free?

Congrats on the launch! I will keep an eye on this product