jutochoppa
3 years ago
Very cool. What a great project. Would be nice to add Canadian options. Why can't you have two independent number of options on one strategy? E.g having two separate calls on SPY. Changing the amount of one contract changes the other the same amount.
Arron T
4 years ago
amazing tool, super clear and intuitive. I love the optimize feature because it helps to find the ideal risk to return on your trade and price target as a starting point, then you can adjust a bit based on how much more risk you want to be exposed to on the trade.
Doc Holliday
4 years ago
This app is great. I have been trading options for years and this is very concise and well-thought out. However, although the data spreads are accurate the probabilities are horribly skewed if the markets are not open. They do have a disclaimer about this.
Andrew Bell
4 years ago
Almost perfect. I just wish the optimizer would utilize even more of the various strategies, not just long calls/puts, spreads and several others. I wish I could see calendars, diagonals, lizards etc. in the recommendations as well.
William Knowles
3 years ago
Perfect app. I can't say enough positive about it. It is as comprehensive as one could hope for. You can account for short or long positions, both horizontal and vertical, adjust implied volatility, assess your hypothetical position through time, by the minute. It even pulls live data from the stock market. 6 stars.
Michelle Sharp
4 years ago
OptionStrat is awesome. I love the concept, the interface, the upgrade price, ALL GREAT! This app has taught more in the little time I have used it than the 6 months i've been on WeBull and RH!! THANKS!!
TheMaskedGoon_Gaming
4 years ago
This is by far the best damn options strat app I have seen. This is very indepth and gives tons of analysis towards options your thinking of buying, plus it has a save feature to save those strategies and test them. Bravo to you 👏 you have my full support and I very highly recommend to those wanting to trade options give this a try
Marc Martinez
3 years ago
Excellent tool. I started trading options when orders were handwritten and prices traded in fraction not decimal of cent. A calculator , graph paper , the Black-Scholes Mode and lots valuable time. This optimization program accurately does exponentially more consistent fluidity wit rapidly changing markets. A small learning curve implementing effectively different strategies. It has had a net positive on returns while mitigating unnecessary risk and saved valued time!👍
Ben Landers
4 years ago
Great app for playing around, however I wish you could set the ranges or adjust the graph view. If you can adjust the graph its not intuitive enough to figure out after trying every gesture (pinch-zoom, tapping the X or Y axis, press and hold to bring up a possible sub menu)
Kevin Chorice
4 years ago
I really love this app. I have the live flow subscription for $50 a month. I have made over $8k in the past two weeks using the live flow data. If you trade options, this is a MUST HAVE app. To the developer: I have noticed that the activites are not exiting correctly, prices and labels are getting cached when viewing live flow. Please fix. Msg me for more info about the bug. I have to sometimes exit the app and restart costing me valuable time and money.
Krysta Bouzek
4 years ago
Really useful, especially the probability calculator. The slider bar is the only part I don't like, as it often displays a submenu when I am trying to slide it to a different strike price (adding a dropdown or spinner to that submenu to change the strike price would fix the problem).
Chris Chris
2 years ago
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.
Tim kathlina
2 years ago
#1 Tool for options anything. Interface is fantastic, live options flow, filter what ever criteria you like or unfiltered, so easy to use, all options strategies pre built just plug in symbol or make your own. See a live trade you like, save it, software watches it for you including results winning or losing. Does everything, absolutely worth the money.
Cassiopea
1 year ago
Superb. When I first opened the App I wondered if it had been written by the same team that wrote TradingView. Visually the App is stunning. From a trader's perspective the App is immeasurably useful. Absolutely awesome (as Mr. Sosnoff would say) 🙂
Jvmpy Panther
4 years ago
Great app -- powerful tools -- great developer. Nothing in this world is free. If you can afford to play options, then you can afford to pay for the premium services offered by this application. The tools that are provided free of charge are amazing. Those who are complaining need to wake up and realize they can either calculate the greeks themselves for every strat they produce, or they can just zip it and use this amazing tool. Once again thanks for the effort put into this app$ Time saved
SK S
4 years ago
update: The app was down, it was fixed and support team provided an update quickly. This is a very high quality app. I wish good luck to the developers. ---- Great app. Never seen other app like this. Makes life easy to do profit loss calculation. But app is not consistent. Sometimes, app fails to load data and says 'loading options data' and is stuck forever. If this is reasolved this is a great tool for option traders
Jose Garay Boszeta
4 years ago
Absolutely fantastic. This app is the way to go to learn all the intrincacies of options trading. It's very educational, it has concise and clear descriptions of many strategies. Terrific tool to visualize complex trades and make quick decisions. The subscription is totally worth it as well. Kudos to the developers, it keeps getting better and better.
Brian L
2 years ago
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.
Erik Zirneskie
4 years ago
Absolutely fantastic. I never write reviews on anything but this is the exception so far. The Dev is extremely responsive to issues. As far as paid subscriptions go, I was hesitant at first to go with the cheaper paid plan because I'm cheap. However it's easy to cancel, start up. It has payed off well more than what I would have ever lost without this app. Extremely recommend and thoroughly satisfied, you're missing out if you pass this up!!
James Roach
4 years ago
I love this app. It's made planning different strategies the fastest, and with the options available to better visualize everything; it's amazing. I have it 4⭐ cause I want to hide the unusual options, but it's too expensive, and tied to things I don't want at all. Is gladly pay $5/mo, just for the unusual options, and nothing else. I wonder how many others would pay the same