OptionStrat: Options Toolkit
- iPhone
- iPad
What is OptionStrat?
OptionStrat is a free finance app for building and visualizing options strategies. Its strategy visualizer shows potential profit and loss at various prices and how a trade is affected by implied volatility and time decay. It also includes a strategy optimizer that searches potential trades for a target price and expiration, and an unusual options flow feature that scans the market for large and unusual trades.
Pricing. OptionStrat: Options Toolkit is free to download, with in-app purchases on the App Store.
Good for
- Visualizing profit and loss for an options trade before entering it
- Comparing strategy templates such as covered calls or double diagonals
- Tracking large and unusual options trades in the market
Screenshots
Why this app is in F tier
OptionStrat scores 48 out of 100: rating 96, rating count 73, App Store search rank 0, update recency 23. The four parts are averaged with no weights, and F tier follows from that score within this list. The full explanation, as data.
Description
OPTIONS PROFIT CALCULATOR: Find and edit option strategies in real-time with our options profit calculator to gain a visual understanding of your trades. OptionStrat's strategy visualizer is used to find the potential profit and loss at various prices, as well as show how your trade is affected by implied volatility, time decay, and other factors. The strategy visualizer makes it easy to scroll through various strikes and expirations to build an options strategy. 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 ca
Compare in Trading Analysis
| Measure | |||
|---|---|---|---|
| Tier | F | C | B |
| Score | 48 / 100 | 66 / 100 | 74 / 100 |
| Rating | 4.8 ★ | 4.5 ★ | 4.4 ★ |
| Ratings | 1.9K | 2.7K | 18 |
| Last update | 562d ago | 9d ago | 51d ago |
| Price | Free + IAP | Free + IAP | Free download |
Alternatives
See all 10 ›Questions about OptionStrat
Is OptionStrat free to use?
The app is free to download.
What does the strategy visualizer do?
It lets you find and edit option strategies in real time and shows potential profit and loss at various prices, plus how implied volatility, time decay, and other factors affect the trade.
Is this app investment advice?
The app is not a registered investment advisor and that its calculations, information, and opinions are for educational purposes only and do not constitute investment advice. Calculations are estimates.
Is OptionStrat free?
OptionStrat is free to download, with in-app purchases.
What is OptionStrat good for?
OptionStrat is built for visualizing profit and loss for an options trade before entering it, comparing strategy templates such as covered calls or double diagonals, tracking large and unusual options trades in the market. It sits in the trading analysis list on AppTierList.
Is OptionStrat worth it?
OptionStrat is F tier, ranked #11 of 11 trading analysis apps with a score of 48 out of 100, from a 4.8 App Store rating across 1,927 ratings. 10 apps rank above it in the same list.
How does OptionStrat compare to TickerChart Live for iPhone?
OptionStrat is F tier at 48; TickerChart Live for iPhone is C tier at 66. TickerChart Live for iPhone ranks higher. OptionStrat is free to download, with in-app purchases, TickerChart Live for iPhone is free to download, with in-app purchases.
How often is OptionStrat updated?
OptionStrat was last updated over a year ago, on 2025-04-08, which holds its tier down.
All the facts
- List
- Trading Analysis
- Tier
- F (Avoid)
- Score
- 48 / 100
- Rank in list
- #11 of 11
- Ranking certainty
- early: few ratings or search ranks so far
- Price
- Free + IAP
- App Store rating
- 4.8 out of 5
- Number of ratings
- 1,927
- Current version
- (562 days ago)
- App Store data read
- App Store category
- Finance
- Good for
- Visualizing profit and loss for an options trade before entering it, Comparing strategy templates such as covered calls or double diagonals, Tracking large and unusual options trades in the market
- Requires
- iOS 14.0 or later
- Size
- 25 MB
- Age rating
- 4+
- Languages
- 1
- Runs on
- iPhone, iPad
- Developer pages
- Support · Privacy policy
- Maker
- unclaimed
- As data
- JSON · why it ranks here
App Store data read · ranking · how it is computed