Reviews for OptionStrat - Options Toolkit

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!

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.

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.

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)

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

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quickly and are influenced from many factors, this makes a strategy (included risk/reward) change very quickly and be outdated.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.

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.

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!👍

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).

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

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🥵

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.

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.

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!

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

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.

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!

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.

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!!

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