Been using OptionStrat – Options Toolkit for a couple months now. It’s basically an app that makes it easy to visualize the potential profit and loss of your options trades. There’s a strategy visualizer that lets you scroll through different strikes and expirations to see how they affect your trade. And it’s got this cool options optimizer that helps you find the best trades automatically.
The strategy visualizer is pretty neat – you can create just about any options strategy, like covered calls or double diagonals. There’s over 50 pre-made templates to choose from too, with setup charts and descriptions. Takes a little getting used to at first, but once you figure it out, it’s super helpful.
Look, if you’re into options trading, you’ll probably like this app. It’s not perfect – the UI can be a bit clunky at times – but overall it does the job. Worth checking out if you wanna get a better handle on your options trades.
