OptionStrat - Options Toolkit

I was a paying customer but I stopped my subscription because of one thing that I've brought up to the development team and it's not getting fixed. on the history tab looking at the graph for contract prices and the associated stock price. the option contract prices throw off a weird anomaly off hours that makes the candles extremely large which in turn makes the candles for the actual real contract prices extremely small and at that scale they are completely useless.

Website is down, app is down, not sure what's going on, but it's sure an inopportune time to leave people high and dry...I guess it's back to optionpricecalculator. Glad I never subscribed!

im switching to whalealerts app, this app way too many bugs, infinite scroll, duplicate option flows, devs of this app dont care to fix this major plaguing problem since the beginning of time

Annoying that you can't stay logged in. Despite paying for the service I keep just using the free version.

Easy to use

Perfect 👌🏻

paid

A must have for understanding Options

A beautiful app that will help improve your options trade. Very well made!

Basic analysis & save & track trades & ideas to monitor pnl. Has nice POP calc and visualizer. Not the best for screening and other kinds of options analysis as compared Option Chameleon or BarCharts screeners.

very nice app over all

on my Samsung phone just commercial. not real application

deleting and using unusual whales instead. fix your app, every single day it has a bug where the options history of any ticker glitch scrolls infinitely on samsung.

Awesome app

Watch out! They will steal your funds out of your account! I never check my Google Play subscription or history of purchases; but I just did check it, for the first time, and I realized that this App had charged my Play account somehow a ridiculously high amount of $49.99 back on June 14, 2021; and never even knew it! I don't ever recall signing up with them or even using their services, either! I personally would never agree to paying that much money for a guessing service like this one seems!

Cooked. Covered call already DITM, doesnt account for cost basis properly. Shows losses on a covered call...

why can't we easily access our flow filters on the side tabs? when do I need to a click billion time to check on what I want to see quickly?

Honestly it looks pretty good but it doesn't seem to have what I'm looking for. I'm looking for a price alert for option prices but this app does not seem to offer that. I tried the free trial but cancelled because I didn't see any options for price alerts.

Not good, struggles in real time update of prices

The probability of a profit is for paid version only, but for many plays it's misleading anyway. It's a fantastic tool to learn or explore some ideas.

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.

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) 🙂

Shandar

Why cancel my subscription

It is a great app. Please tell me what timezone is the option date time viewed in LiveFlow?

Not what I expected

Supergood! Just could not download, but it doesnt metter.. cose Supergood!

Can't delete old save options

what even is this

Great app. Not perfect ,but the best app of that kind that's free

This app is good but the calculations go wrong when you use deep in the money leap option ,because you can't adjust the IV you want.

Just do yourself a favor and get it!! I have been using OptionStrat for almost 2 years now and can't imagine trading without it!

Great!

The app is not working properly today

Still billed after cancelling subscription

Can't select a strike price, the slider behaves erratically. Just let us select from list, or input the price. Nevermind.. I have to slide to the price, and then hit Add. Learning Curve.

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.

I paid for Yearly and the app is closing me out from registering! What is going on! The app took my money and is blocking me from registering ! Time is ticking - and Help is not accessible because I am stuck in the last registration screen - which will not process the info I submitted. I should have stayed in the Free - now I can't access anything🥵

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.

#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.

Keeps freezing, can't use.

Number one by far, amazing!

Good app. Hope they add Indian market or at least the primary indices.

One of a kind. Best options app on market

Best visualizer for options trading in my opinion.

Best options strategies and analytics i've seen so far. I'd like to trade with this platform either, please make this happen, you are the best

Excellent app for learning and visualizing option strategies and managing trades.

Awful App!! Can't get passed registration screen: cant select your state... if there would be a way to rate an app with negative stars, this is it!!

I'm actually amazed at how technical this app is. It helps me find the best risk management profit loss and max using different strats. This really is a crazy good app

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.

This is the greatest app ever. It makes understanding options so much easier. I'm a visual learner and I've already closed out 13/13 profitable trades using the optimized trade options as a starting point. Please partner with someone so we can start trading right through the app!

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!👍

Any plan for "live option flow" yearly plan in South East Asia region?

Very cool app, needs slightly better controls for the sliders

Why wouldn't you I've the users the option to sort the list of unsuual volume BY VOLUME?!?!?!? THAT IS LITERALLY RHE POINT OF YOUR APP!!!!!

Very well built. Impressed with the app. Would be great if you're able to view implied volatility for an option over time. Update: I can now see the IV over time. That was very responsive. Just in love with this app.

I wish there was some crypto options too, like Deribit data

Fantastic app! A must have for anyone who plays in the option world

useless for MCX trading... specially in India

Allows me to create a plan for the next day based on my budget. Extremely accurate. Unusual flow is just a bonus.

A must have for investors who use options. Options flow helps with determining day to day sentiment.

Amazing app. Finally what I want, done right. No short cuts taken, works perfectly.

Fantastic app and is a must have for options traders.

BEST APP EVER CREATED!!! BUY BUY BUY.. Bit of a nikpick but It would be greatly appreciated if you could add the target price to the build page.

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.

it's pretty good but wow that slider for the strike price is a pain in the butt. Why not just a drop down list or something? I can't even tell what strike I'm choosing without counting each line.

The best, by a lot. Dev is very responsive and open to user suggestions/feedback.

Great app for option traders. I have been using it for several months and the devs are constantly making improvements.

If you trade options, just get this! Why would you not want an app to screen through all available option Strategies for a given stock, direction and expiration day for you? Building or verifying your strategies can't get any easier.

Highly recommend this for any serious options trader... increased my overall average return from 10% to over 30% that's phenomenal

This is the best option screener & tracker I ever known.

I'm new to Optionstrats. So far it's pretty good. However, can u change the ROI to annualized %, so that it takes into consideration of timeframe of the trade? Thanks!

Great app, but why can't I save more than 10 legs as a 50$ user? Can you guys fix that?

Awesome app! Haven't tried the website yet, but I just assume it's as good as the app. The Options Flow feed definitely comes in handy, although it's got a delay. But I plan to subscribe for live alerts. Excellent work on developing this!

Show me the money

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.

Really liking this app. I'm starting to use it more than option profit calc

option

The app looks great and works very well. There aren't really any "fixes" that are needed, just possible enhancements as time goes on. I've had quick responses when asking a question about issue.

good

Ye indian stock market nahi dikhata

love the app. free version is extremely useful and powerful.

great to check out potential profits

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

great tool for calculating strategies

Please add indian exchanges stocks !😕

great useful app

the best way i have seen to understand the option

Great App!

i love it one of the best

Awesome app please make it available for more market's please.

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!!

Really helps strategize

brilliant app!!!

Very good strategies for Trading

Full of bugs, and NOT the mosquito kind!!

Love the app! Love the new features, especially the ability to close trades. Any chance in the future we'll be able to input previous options trades into the app that are past expiration? I'd love to be able to track some of my historical trades too.

Excellent... Better than anything on the market.... EmperorDamion approves 👌

Great app to make yours options trading Now you can predict an future strategy with any stock....

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.

brilliant thanks

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!!

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.

Recently when I click on my saved trades the app stops working . Please fix this issue

It is the app that I wish I had when I was first learning about options. Free versions has so much to offer.

Fantastic tool for comparing strategies, but I've noticed the results are more accurate when the markets are open.

Love it. Very easy to use. Not five stars, because I think the paid plan is way too expensive. For a few bucks per month I'd consider the paid plan, but not for 15 bucks per month.

Great app for testing options trading strategies! Extremely detailed and comprehensive.

Allowes me to analyze complex option strategies to determine maximum profit or potential loss. With this information I pick the strategy that will give me greatest gain with lowest risk. Has help me produce a 66% to 70% profitable trades in options.

reliable real time sweeps blocks and with live push notification alert , best of the best

Awesome app!! I've been an options trader for years and series 7 licensed as well. Beautiful layout and optimizer is a great tool!

I will update my review at the end of the week. My initial impression is that the app is awesome seeing order flow and what big money is doing.

Love this app. So smart and intuitive. No more excel sheets!

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

Great tool to test out options trades & identify the best opportunities

EDITED AFTER DEV RESPONSE: originally I was having issues with the app caused by another, totally separate app on my phone. Developer reached out and made some good points so I'm giving this app the 5 stars it deserves. Sorry for my initial spurious accusations!

Simple to use and great information can be obtained from it. Love it for option selling

That is the best app for options i have seen. I kindly request the developer to release for indian markets, I am ready to buy a monthly subscription too.. Please consider my request. Dhanasekar

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.

Amazing app, makes it easier to optimize and know what to expect when trading options.

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

This is my first time writing a review for an app. I went out of my way to do so because of how fantastic the product is. The final straw for me to get off my butt and give it a review was the fact that you can create and track the performance of a strategy that you created. Really is an amazing app. I can't sing its praises enough.

I am so lucky I found this app! I have used several option calculators and tools in different apps but this one is far superior! The app is fairly new but I know there are more items to be added in soon. The developer did an amazing job with the layout and features available. Even if you are a novice options trader this app is a must to help make better informed decisions! The free version is awesome but I elected to purchase the live version to help support the app for future development.

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.

Really helps visualize strategies. Would be nice to see implied volatility rank on top of current volatility.

so far, really cool way to build trades and review over time impact of changes without building my own charts

Update: was pretty good, but they've started taking away features, and are now completely locking people out unless you sign up with their paid service. Guess they're going Hollywood. Moving on to better choices.

Would be nice to keep but as soon as it's installed my phone screen blinks- that is all the icons, app links, everything appear and disappear appear and disappear there gone there gone on and on forever. Until this app is deleted. 3 reinstall tries, and same thing. F-ing junk.

Great App to visualize options and multiple strategies, to get max. profit based on sentiment. Also let's you track unusual activity. Really nice!

Is there anyway to change the price of the option to what we originally paid for it? Thank you. Cool app Update. Click strike. Works.

Great tool to visualize and mock up your trades. Highly recommend!

Probably my favorite options explorer tool. The one feature I wish it had tho was Delta and also lines for standard deviation

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).

Best options analyzer. Easy and intuitive

Really great app that runs very smooth and calculates very quickly. Love the dark mode and that you can save trades and see how they're going. Amazing

Best strategy and if you're paper trading on E-Trade it's the best tool to use

I just downloaded it but is utterly awesome up to this point. More than I have been able to find in any other mobile app and comparable to what's normally available on computer brokerage apps.

Finding how to change your entry price is a little difficult. Other than that the app does what I need it to!

I'm very impressed with this calculator. Very detailed and customizable. Really helps me to visualize different trades. I cannot recommend this enough!

Outstanding. If you're an options trader and want to do a deeper dive into your strategies and possible outcomes this is a superb tool for that. It even shows you how to possibly optimize what you're already doing and maybe look at higher win probabilities. Don't sleep on this one.

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)

Would be perfect if the prices were in real time. But still a great app to plan ahead and play around with.

I love this app, hoping for a paid version where you could get live data and maybe some recommended plays

Very Accurate! Worked as advertised and made some dough!

Unbelievably fast and helpful customer service. Thank you for your help! The app is very useful.

Very good for trading options. It allows you to select different strategies and see outcomes. Is it possible to enter commissions as the currently displayed debit/max loss will be affected? It will be great for some protective strategies (like puts, collars), which are based on 100 shares owned, to calculate protection for a different number of shares, for example 150. Still can use 1 long put/covered call, but change the calculations (same delta) for 150 shares instead. Thanks!

Amazing tool. This tool has made my life so much easier, especially as a begginer.

Makes visualizing options and seeing the possibilities and probabilities super simple.

Wow. This is a beautiful app. Only thing I would change is making the strike price buttons a bit larger.

This app is really wonderful. If I could have anything, I would ask for the ability to enter in IV manually, and I hope you keep working on it. Total streamlining tool for looking for exit points and strategy ideas. well done!!

Fantastic app for anyone trading options! Great interface, easy and intuitive to use.

The interface is pretty simple and easy to use. So far so good.

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

The app is great up until saving a trade...errors. And there's no option to share before saving.

This app is great, I love that you cansave options strategies and track they're performance. Great option calculator/strategizer

Fantastic visualization and calculation app. Developer is constantly tweaking and improving this to make it better!