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Frequently Asked Questions

01 What is Orion, and how does it work?

Orion is an automated options trading platform that allows users to create and execute option strategies using AI, algorithms, and real-time data. It simplifies options trading by automating buy and sell decisions based on predefined criteria.

02 Can I use Orion if I'm new to options trading?

Absolutely! Orion is designed for traders of all experience levels. We offer user-friendly features and resources to help beginners get started while providing advanced tools for seasoned options traders.

03 What types of option strategies can I create on Orion?

Orion supports a wide range of option strategies, including manual and automated ones. You can set strategies based on technical indicators, price movements, Greeks, and more to suit your trading style.

04 How do I set up automated buy and sell schedules for options?

Setting automated buy and sell schedules is easy on Orion. Simply define your parameters, such as profit targets, stop-loss levels, and strike prices, and let the platform handle the rest.

05 Are there risk management tools available on Orion?

Yes, Orion offers robust risk management features. You can set stop-loss orders, define risk tolerances based on Greeks (delta, theta, vega), and protect your investments while trading.

06 What brokerage is used to execute the options trades on Orion?

Orion uses Alpaca's Markets APIs for executing options trades, ensuring seamless and reliable order execution in the market.

07 Can I receive real-time alerts and notifications?

Absolutely. Orion provides real-time alerts and notifications for strategy events and important market developments, keeping you informed at all times.

08 How can I analyze the performance of my options strategies?

Orion offers detailed performance tracking, including statistics and insights. You can analyze profit and loss, Greeks exposure, strategy efficiency, and historical data to evaluate your strategies.

09 Is my data and account information secure on Orion?

Yes, we prioritize data security. Orion employs industry-standard encryption and security measures to protect your data and account information.

10 How do I get started with Orion?

To get started, sign up for an account on Orion's platform, explore the features, and begin creating and executing your option strategies. We also offer resources and tutorials to help you on your trading journey.

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