OptionStrat - Options Toolkit

Options Profit Calculator | Options Optimizer | Unusual Options Activity

OptionStrat - Options Toolkit

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App stats

By: OptionStrat

Users: 114,057

415

Rating: 4.43

(1,377)

Version: 1.2.55 (Last updated: 2024-09-24)

Creation date: 2020-12-05

Email: su*****@optionstrat.com

URLs: Website ,Privacy policy

Permissions

Other:

receive data from Internet
view network connections
full network access
control vibration
prevent device from sleeping

Ranking

# 183,321 ▼ 81

Other rankings

#45 in Finance (Gross) ▲ 4 #1 in options keyword 37

Other platforms

Not available on Chrome

Not available on Firefox

Not available on Edge

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App summary

Analyze keywords

OptionStrat makes it easy to visualize the potential profit and loss of your option trades with our options strategy visualizer and options profit calculator. Our new options optimizer also helps you find the best trades automatically.

STRATEGY VISUALIZER & CALCULATOR:
Find and edit option strategies in real-time to gain a visual understanding of your trades.

The strategy visualizer makes it easy to scroll through various strikes and expirations to see how they affect your trade. Nearly any strategy can be created, including strategies with underlying stocks like covered calls, or multiple expirations such as double diagonals.
Over 50 strategy templates are available to choose from, each with a handy setup chart and description.

STRATEGY OPTIMIZER:
Automatically calculate the best strategies given a target price and expiration date.

The options optimizer will search through thousands of potential trades to find which strategies maximize returns or chance of profit (or somewhere in between).

UNUSUAL OPTIONS FLOW:
OptionStrat Flow scans the market to uncover large and unusual trades as they happen, giving you insight into trades by institutions and other smart money.

Not only do we show large call or put purchases, but we detect if the transaction showed urgency or aggression from the buyer or seller to show you both sides of the market.

We are the first to provide unusual options activity for complex strategy types. OptionStrat Flow detects spreads, condors, and other advanced strategies and categorizes them as bearish, bullish, neutral, or directional.

Use the in-app tutorials to learn more about each tool in the OptionStrat toolkit!

DISCLAIMER:
Options involve a high degree of risk and are not suitable for all investors. OptionStrat is not a registered investment advisor. The calculations, information, and opinions in this app are for educational purposes only and do not constitute investment advice. Calculations are estimates and do not account for all market conditions and events.

User reviews

These summaries are automatically generated weekly using AI based on recent user reviews. Google Play Store does not verify user reviews, so some user reviews may be inaccurate, spammy, or outdated.

Pros

Beautiful and easy-to-navigate UI
Incredibly useful for both new and experienced options traders
Comprehensive tool that helps with various trading strategies
Responsive developer who frequently updates the app
Great features like live options flow and optimization tools

Cons

High subscription cost compared to alternatives
Occasional slowness when navigating menus and saved trades
Some bugs with live flow data that require exiting the app
Inconsistent loading of data at times
Limited range of strategies available for optimization

Most mentioned

Subscription is considered expensive
Need for better performance and speed
App provides valuable tools and analysis
Developer responsiveness is highly praised
Wish for additional strategies to be incorporated

User reviews

I think this is pricey since it isn't connected to actually trade. For the free option, it is mostly worthless but the interface is great and I see the potential. I trade smaller options right now because of portfolio size. I would like to use it and I see the potential to cover the cost in the future on larger trades, but right now, I can't afford it.

Suzanne, 2024-08-20

A very interesting dynamic app but with the limit of options nature.. Options value change very quickly and are influenced from many factors, this makes a strategy (included risk/reward) change very quickly and be outdated. I have observed many strategies with an initial optimal risk/reward ratio and certain breakeven levels, that then changed completely within 1 hour also during calm market conditions. Still a great app but be aware of the optimistic views that might change very quickly.

Chris Chris, 2023-02-15

Incredibly useful app. UI is beautiful and easy to navigate. This app is a useful tool for new and experienced options traders alike. You can find unusual / high activity options & search for ideal strategies based on target price / IV. The dev is very responsive and updates this app frequently. I currently rate 4/5 for two reasons. The app is slow when navigating menus and saved trades. The subscription is too costly IMO, I think a fairer price point would be $5-10 monthly.