Colossian is software that trades stock options for you, automatically. It connects to your Schwab brokerage account and runs a repeating strategy all day: it buys an options contract at the current asking price, waits for the trade to fill, then immediately tries to sell it for more. It does this continuously — checking and updating orders twice per second — without you having to watch the screen or click anything.
No. We handle the full setup for you — installing the app on your Mac and connecting it to your Schwab account. The only thing you need to bring is a Schwab brokerage account with options trading enabled. Most clients are up and running the same day they subscribe.
Yes — Colossian places trades directly through your own Charles Schwab brokerage account. If you don't have one, opening an account is free at schwab.com. You'll need options trading enabled, which Schwab can approve when you apply or through your account settings afterward.
Only you. Colossian runs entirely on your own computer and connects directly to Schwab. Your login credentials, account balance, and trade history are never sent to us or anyone else. The only thing our servers ever see is a request to confirm your license key is active — nothing financial, nothing personal.
Colossian focuses on options contracts that expire in roughly two to six weeks, with premiums in the $2–$3 range. It looks for contracts where there's a meaningful gap between what buyers are willing to pay and what sellers are asking — then tries to capture that gap by buying and selling quickly. You choose which stock's options to trade each day; Colossian handles the rest.
That depends on how many contracts you want to trade at once and which stocks you choose. Options contracts typically represent 100 shares, so a $2 premium means $200 per contract. Colossian can run multiple trades simultaneously, so you'll want enough capital to cover the positions you're comfortable with. There's no minimum set by the software itself.
Any Mac running macOS 12 (Monterey) or later — including older Intel Macs and newer Apple Silicon models (M1, M2, M3, M4). We'll confirm your machine is compatible during setup.
Yes, once you start it. You open Colossian each morning, choose what to trade, and click Start. From there it runs on its own until you stop it, until it hits your daily order limit, or until you close your laptop. Your Mac needs to stay on and connected to the internet while it's running.
Schwab caps the number of orders you can place in a single day through their API. Colossian keeps track of this count as it trades and automatically stops when you're approaching the limit — so you never accidentally get cut off mid-session or trigger a restriction on your account.
Everything — the full trading algorithm, the live dashboard, all future updates, and email support. There are no usage fees or per-trade charges on top of the monthly price.
Your license key arrives by email immediately after payment. From there, we reach out to schedule your setup — we install and configure Colossian on your Mac and connect it to your Schwab account. Most clients are trading by end of day.
You keep access through the end of the month you've paid for. After that, your license key stops working and the app won't run. You can resubscribe anytime to get a new key and pick up where you left off.
Not exactly. A robo-advisor manages a portfolio for you and makes decisions about what to hold long-term. Colossian is more like a very fast, very consistent trading assistant — it executes a specific short-term strategy you've chosen to run, through your own account, and you can stop it at any time. It doesn't give investment advice or manage your overall portfolio.