Alpaca will soon support Options for Trading API and Broker API. However, you can trade options in our paper environment for free, today.

Here's what’s available today:

- Develop and test your trading algorithms so they’re ready for live
- Trade Level 1 and Level 2 US-listed options (Level 3 is coming soon)
- Execute orders via Trading API or your trading dashboard
- Explore our documentation on how to place orders, explore market data, and more

Learn more at:

In addition,  Alpaca Securities LLC currently supports trading listed U.S. stocks and certain over-the-counter ADRs.  Furthermore, Alpaca Crypto supports several cryptocurrency coins. You can find out which coins Alpaca supports here.

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.