Trade Alert replacement guide

The Cboe Trade Alert replacement

Cboe has announced that Trade Alert will cease operations on October 31, 2026. Options Monitor covers the core Trade Alert workflow and onboards desks directly.

Cboe announcement ↗
01 / Sentence ViewClick to enlarge

Workflow

What changes for your desk

Sentence View

Related legs shown as one trade with structure and execution context.

Unusual activity scoring

Scores each name against its own historical baseline.

Opening detection

Compares trade size to open interest to estimate whether flow is opening while the position is still live.

Markout analytics

Measures how a trade performed after it printed.

Customer Analytics

Tag prints to your own client labels and track performance by label.

Migration steps

  1. 01

    Schedule a call.

  2. 02

    We review your current Trade Alert setup.

  3. 03

    We configure your watchlists and filters.

  4. 04

    Your desk goes live.

Pricing summary

Option Flow Monitor$349/month

Full Suite$849/month

Options Monitor DataPriced by request.

Exchange data fees and applicable taxes are additional.

View pricing →

Migration details

FAQ

When does Cboe Trade Alert shut down?

Cboe has announced Trade Alert will cease operations on October 31, 2026.

Is Options Monitor affiliated with Cboe?

No. Options Monitor is an independent product and is not affiliated with or endorsed by Cboe or Trade Alert.

Does Options Monitor include FLEX options data?

Yes. Listed and FLEX options flow are both included.

Who can subscribe?

Institutional clients only, including funds and registered investment advisers. We do not offer retail subscriptions.

Institutional access

Request a demo

Options Monitor is available to institutional clients only: hedge funds, asset managers, banks, proprietary trading firms, family offices, and registered investment advisers. Please use your firm email address.

For planned products and integrations, use the notes field to describe your interest in options screening, strategy backtesting, structured note pricing, API access, or MCP integration.

By submitting this form, you acknowledge the privacy notice and agree that Options Monitor may contact you about your request.

Existing clients: Log in to the platform →

Product screenshot