This is my goto app for planning my options trades. Definitely worth it for any serious trader. I only rate it 4 stars as it seems it takes a while to update new option contracts that become available on the market. While pricing of options is accurate and fast, any new strike prices or expiration dates don’t show up right away. Ive seen it take a week or even two to appear. If that issue was resolved, it would be a perfect 5 stats.
Amazinggggg app!!!! Highly recommend for all your options needs
Totally worth the pro version small price for what you get. Recommend this to all level option traders. Beginners to advance this app has it all. Responsive developer too. Excited for future of this app. Update: After using this app for a longer period of time, I can attest to the fact that it has gotten even better. Very useful for anyone that is into options trading.
This app is what it would be like if Apple made an options profit calculator. The interface is perfect. Not clunky like other apps. Easy to understand. Used it to explain options to my wife lol (only when I’m making money$). Awesome responsive developer too. On the first page on my phone and iPad and has been making me money!!! lol
Whoever decided to run ads for every 1minute on the app has officially killed the app. I'm usually a subscriber but opting not to subscribe since changing payment method at expiration and seeing that this is how they treat free downloaders
I can't play with hypothetical options. When I attempted to create a position called 'Demo' and added the amount of shares + trade price, it causes the app to crash. It'll save; but it'll just crash the app if you try to open it again. Thus, there's no way to simply enter your own numbers without it fetching data for a symbol. The ticker tape is a cool feature. It just moves too slow for it to be useful. I wish I had the choice to make it show none moving indexes instead of my strategies. Tapping on the strategy brings up a quick edit menu instead of the P/L table. There should be an edit button next to the leg tile and tapping on the tile should open the P/L table. The all important PL table is nestled in a very small button in the upper right. I would love if the export feature exported the leg info (Net Debt, Aggregate Greeks, etc) in a plain text or CSV format. That would make it more useful. What I like about the other options app 'OptionsStrat' is that it automatically recalculates the chart as you move the strike slider. In fact, you can do quite a lot of changes to the expiration date even without having to tap any boxes > that open another box where you tap another box > etcetera. What I don't like about 'OptionsStrat' is the design that makes it near impossible to use effectively, and nothing is worse than a good app with bad design. So I stick with both OptionStrat and OPC for now.
I got this when first trying options; it was inscrutable and I gave up. However, after trading about 6 months and reading a lot about serious option theory, I returned to this and now see it as invaluable. First it taught me how to visualize how value went up and down (and when to bail out!) with simple positions. Now I use it to noodle through multi-leg ideas until they look good, then do the trade when market opens (pro version lets you enter actual prices for your trades, including short positions for hedging). And then you can track the position and even plan further legs to enhance or repair. Amazing number of uses I’m seeing as I learn more about trading options.
Awesome, totally straightforward and easy to use app. Great UI all around. I opted to go with the paid subscription/OPC pro right away and am quite impressed. Makes visualizing potential P/L very easy which helps me out a lot- I'm a visual learner! Haven't had any contact with the developer yet but judging by other reviews it seems like the customer service is impeccable. My only request would be sometime in the future maybe finding a way to enable customers to directly link their brokerage account so contracts owned can be autofilled and analyzed rather than having to manually enter individual options. All things considered though, 5/5 probably the cleanest P/L estimator availible on the mac app store!
Options Profit Calculator is the tool in iOS on the go and OSX at my desktop when I need to visualize the P&L Table. I generally place my trades with my broker, and then enter them into OPC to monitor for 45-60 days to expiration. The developer Isa is activly involved and solicits feedback from his users to help improve the user experience. Future requests of mine include the ability to edit the trade price across all legs in a single window, selection of the expiration period upon opening the options chain, a master realised / unrealised P&L, and the ability to roll trades (close a leg while opening another in the same or different expiration date while tracking the premium earned)
Being able to add multiple legs and complex options positions on an app is a must for any options trader. This app does it. It’s straightforward and easy to use, just go through the how-to. I had an issue with the paid version activating, I restarted app and it worked! Have had app freeze once or twice but maybe it is due to poor cell connection. I emailed the developer and got a response within minutes for separate issue. Very helpful. You can tell the developer is dedicated to making this a better app and will continue to improve. Hopefully graphs someday too. Thanks.
Fantastic app and my go to before every option trade
I purchased this app right around when it first launched. Since then this has been my go to app for setting and experimenting options strategies. Not only is this an amazing app to learn how different options and combinations will impact your p&l over time, but it is unbelievably useful in planning out real time trades. So glad I purchased this early when it was a one time fee for premium, I don’t think I would have subscribed for the upgrade as it is now. Highly recommend the app for anyone who wants to better understand and visualize options.
I buy a lot of ratio spreds, buy 1 & sell 2 for no cost to me. IBKR tracks them individually but I use this app OPC to track them as a whole and run different scenarios, what if vol goes up, what if I add this or sell that spread. I would be somewhat lost without it. Great developer and wonderful app. I have not found any other that is as user friendly - I am visual guy so seeing the profit/loss numbers instead of just a graphical interphase helps me a lot. I would highly recommend, from a consistent user.
If you need something to track your risk for an option trade, then look no further. I downloaded this app because I needed something to track my risk before I got into an app, also I couldn’t believe the amount of 5 star reviews I was seeing. I quickly realized that this is one of those truly authentic app that does what it’s meant to do! I emailed the developer to ask a few questions and he replied to promptly! You don’t see that a lot nowadays. If you’re hesitant about it, I suggest you download the free version and give it a test drive... 5/5 for sure
This app is super reliable and the speed is unmatched. It was missing live data but the latest update fixed that! This is a really smart and ingenious method of finding profitable options. I was hesitant at first but have had absolutely no regrets since getting the pro version. Unlike other apps, you really benefit from the upgrade. It’s worth EVERY penny! The best part is the developer’s commitment to improvements which is made even more clear from the replies to individual reviews.
First off it’s like to say I’ve never bought an app from the store until this one right here. This thing is amazing, if you trade options and are always on the go, don’t think twice about buying the FULL version. It is CONSTANTLY updated and the developer is awesome. Not to mention I’m sure everyone knows of the online competition, this app is far superior on accuracy. I have many 100%+ winners to attest for it.
Options Profit Calculator is amazing and one of my most used apps on my iPhone and iPad and it is just as great on my Mac. Perfect for beginner options traders and takes the guesswork out of finding good strategies to use and actually understanding them. 100% would recommend downloading this and I bought the pro version within minutes of downloading. A
Great app. Makes it easy to calculate Theo prices. Convenient to set orders pre market for morning bell and just wait for fill. Would like an option to be able to delete all strategies instead of having to manually delete each one. Very time consuming when you have a ton of calculations and have to confirm each deletion.
Downloaded this app because I saw your post on WSB and so far I love it. I find the UI simple, clean, and easy to use. Much easier than using the optionsprofitcalculator website that I had been using. Definitely worth downloading if you trade options or are looking to get into options. Only complaint is that it actually works as an Options Loss Calculator for my uses, but that isn’t the developers fault lol
Hi OPC, Love supporting what you do and just purchased the pro version as I want to keep supporting you guys. I do have a suggestion for two things. Is there a way to click on a stock name and the have a drop down of certain strikes? Then once I click on the strike, it can possibly go to a new page with the PnL chart and stuff? If that’s not possible, I was also wondering if On landscape mode, I’m able to see the PnL chart of the option prices without having to switch windows. That can make us information hungry traders spend less time scrolling through pages and have drop down menus loading information directly. Thank you for all that you do!
Works great on my Mac. Immediately bought pro version. Seems extremely useful and versatile. Kind of wish I could expand the strategy column on Mac so I can see some of my longer name strategies, or maybe even link to my specific strategies for future reference. But overall, love the interface!
It isn’t accurate. I set my position and it gives me projections with all the wrong deltas and thetas. Based on the app I’m down -220 but in actual life I’m up +80 and this has happened multiple times. I’ve sold positions because the projections tell me it’s a lost cause then stock rips a little and tells me I would be in the green but this app tells me I would still be in a major loss. Maybe I’m using it wrong but don’t think I am. Went from what I thought was helping to actually hurting me and forced me to get out of positions cause I thought I would lose money. The AGGREGATED GREEKS are off
I was having a problem viewing certain strike prices for one of my options and I emailed customer service asking what the problem could be. They were very responsive and helpful with emails. Within 24 hours they ran an update and my problem was resolved! Highly recommend
I am an active trader and this is an app I highly recommend. I also had a few questions about the app and I got a very fast response. If your into trading and enjoy multiple different types of call/option spreads, this is the only way you need to manage them on the go!!! Absolutely love the profit/loss grid, very user friendly!!
There will always be a risk with options. This app gives you the ability to calculate those risks against your tolerance and show you exactly (mostly) where you’ll end up whichever way your ticker moves. Don’t go in blind! This app has seriously paid for itself 100+ fold. Thank you for a great tool!!
This has been my go-to for quickly calculating a rough estimate of reward/risk before planning out an options strategy. Very easy to use and a nice, clean interface. Developer responded quickly and was able to resolve my issue transferring my premium subscription from iOS to macOS.
What a gem this is. I would love to have the ability to order my strategies, either manually or alphabetical. Maybe this exists, but renaming a strategy would pretty cool as well. Otherwise, keep up the good work. I paid for the pro version within 30 seconds of using this app. Totally worth it!
This app provides a great view of essentially all possible outcomes at one time. Fast. Smooth strategy entry flow. Great update to show/hide legs can be used as a way to compare as well. Reasonable price. Responsive developer. Works well on iPhone and iPad for me. Update: now even better with ability to refresh leg data!
I just started learning about options trading, and this app makes it really easy to understand the risk vs reward of different positions. Highly recommended! Feature request: it would be awesome if it was possible to overlay the line charts of different strategies for the same stock in one view.
This dev doing the lord’s work for us retail apes. App is clean, simple, and quick to use. Perfect for obsessively gaming out all of your wishful thinking or making unwise spur-of-the moment decisions when you should probably be sticking with limit buys. Thanks for your efforts, friend, and may prosperity be with you!
This app makes it convenient to understand how a spread’s value will change by day and how much of an increase is needed to hit my goal. Was teaching a friend about options and he didn’t feel comfortable until I shared this app with him. Keep up the great work!
I am enjoying this app. The pro version is great for tracking my break evens on options and planning my exit strategy. I had an issue with a new update and customer service responded to me instantly. They helped me get back up and running.
I’m still learning how to build strategies but I had to ask support question and got responses back one time in few hours and the second time with in minutes… nice to know someone to contact!!!
I bought it two months ago for $14 dollars forever, at that time apps is good use and accurate, then since I recommended to a friend this app raise 3 time price and get crushed. Should not buy and recommend to friends.
I think every options trader needs this app in their toolbox. I’ve had it save me a couple times by letting me see how a strategy might play out. Keep up the great work and I can’t wait to see what’s next.
I love this app, it’s incredible for quickly helping you chart an options strategy. I use it all day long — but the one thing that drives me crazy is that the developer added a lot of vibration on every single button tap. I’ve never seen a utility app vibrate so much.
This app is awesome!! I always wanted to keep track of my option P/L and now I can in a convienant app on my phone. Would definitely recommend to anyone serious about options! As well it’s great for beginners, the interface is easily explicable. GREAT APP!!!
Options profit calculation a month before was good. For last 1 week I see the calculations are totally wrong. I compared with couple of my broking tools. Also in try to remove weekends and market holidays from the chart.
The app is great for checking strategies. Has a breakdown of potential price if the underlying is at a certain price. Only recommendations I’d make is to be able to choose indexes like SPX as an underlying and be able to see the probability of profit for strategies. Other than that it’s a great app
I have one paid app on my phone and it’s this one. Does a better job calculating positions than the analyze tab in Thinkorswim and the product support from the developer has been great. 5 stars!
Beautiful app that allows you to calculate your option plays. I emailed the developer about feature suggestions and got a reply back within the next hour. Can’t go wrong with a developer who cares about his app.
I use this and the Unusual Whales options calculator but find myself using this more times than not. Price target feature is amazing, highly recommended.
Thank you for an excellent customer support and fast response. This is really useful app for anyone who does options. Very easy to use and very accurate. Thanks again!!!
I had questions and sent email to Isa (the developer)... I received a response within minutes and my questions were answered along with helpful suggestion. Can’t say enough about the fantastic support!
Use it daily. My go to app before making purchases on the go or even when I’m sitting in front of my PC! Great support for developer. Questions answered quickly!!!
Great app! I really don’t know what I would do without it. The support on this app is amazing and the interface is extremely well laid out. Thank you to all the developers for your continued support on this amazing app!!!
Lags behind the market quite a bit more than any brokerage and doesn’t always have the Greeks right… sometimes all of them are just 0.000 one moment then something not even right the next.. Would love an update.. ya know, since it’s a paid app.
This is honestly the only options app with a clean UI that lets you edit all greeks & IV that’s worth the price. I got the pro version in March & I’ve used it heavily, sitting at 8k -> 95k for the year. Big ups to the devs
This app is perfect for deciding what trades to execute and gives you the visualization on how the trade will play out and when the best time to exit is. I’ve been using it for months and directly attribute it to my success in over $80k in profit.
If you like to play options! This tool will increase profits and winning percentage! I don’t trade without it, and recommend to my community of over 250k — Developer did an Awesome Job !!!
Options Profit Calculator has just transformed mobile options trading. Building the perfect strategy on-the-go is now achievable. Whether you've already entered a position or are strategizing for the next day, Options Profit Calculator makes calculating option prices at any underlying price both quick and straightforward. User-friendly profit/loss table displays net gain over time as the price of the underlying changes, making even complex strategies easier to understand. Suitable for both beginner options traders and seasoned professionals, Options Profit Calculator brings efficiency to your trading workflow. Add any number of legs to your strategy and observe how each impacts the profit/loss chart. You have full control over implied volatility, trade price, and the quantity of contracts, ensuring every strategy matches your portfolio and predictions. View net gain in dollars, percentages, or as the trade's closing price directly on the profit/loss chart. For a more in-depth insight into the net gain calculation, tap on any outcome to see the math broken down line by line. - Live market data auto-fills bid/ask prices and implied volatility for convenience, but remains fully editable. - Add or remove multiple legs across various expiries with ease using a familiar option chain layout. - Scan the entire option chain based on your expected movement in the underlying and initial outlay, filtering out less relevant options. - Legs in your strategy can be refreshed to reflect current market implied volatilities while retaining your custom trade price. - At-a-glance detailed data for every strategy leg, including the Greeks. - Adjust the price of the underlying on the profit/loss table in either percentage or dollar amount increments. - Receive a detailed profit/loss breakdown for each leg of your strategy. - Choose to view only specific weekdays, omit weekends, or see only the first day of every month leading up to expiry for LEAPS®. - All your strategies and default adjustments sync across devices via iCloud. I developed Options Profit Calculator out of a genuine need for a clear and straightforward method to build options strategies while on the go. I am not affiliated with any brokerage or investment firm – I'm a trader, just like you. Note: Using Options Profit Calculator is governed by these Terms and Conditions and Privacy Policy, available at the link below or within the app. http://optionsprofitapp.com/terms/ Options Profit Calculator offers an annual subscription for Options Profit Calculator Pro. If subscribed, an annual fee will be applied to your iTunes account. Subscriptions will auto-renew unless canceled at least 24-hours before the current period's end. Manage your subscriptions in your iTunes account settings.