Options Profit Calculator 4+

Trading profit/loss visualizer

Ranjha, Inc.

    • 4.5 • 143 Ratings
    • Free
    • Offers In-App Purchases

Description

Calculate future option prices for any type of options strategy. Browse & scan options chains for the most profitable options. View profit/loss charts for any strategy.

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.

What’s New

Version 10.6.6

Small bug fixes.

Ratings and Reviews

4.5 out of 5
143 Ratings

143 Ratings

John Graf ,

Incredible—but not for newbie

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.

Jermaine92 ,

Paid for it, but still very limited

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.

Developer Response ,

I just released version 6.4 that addresses most of your concerns regarding the app. Specifically, I added a "Edit" button next to the leg tile and made it so that if you tap on the tile, it opens the P/L table, as requested. I also added the ability to export the strategy as a .txt file, as requested, and will work on adding more information to the .txt file and look into an Excel file format option as well. Lastly, I doubled the speed of the ticker tape, as requested. I hope my efforts so far and continued resolve to make this app something you love is enough to change your review to 5 stars. I'd greatly appreciate it and look forward to working with you closely to implement your feedback.

I like your idea about an option to show exchange quotes and I want to get more information on the crash you experienced. Could you please send me an email at help@optionsprofitapp.com? I will be waiting for your email and look forward to hearing from you.

Hspmiydwry ,

This app is a must for any options trader

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.

Developer Response ,

Thank you so much for the kind words. I’m so glad that you’re loving the app and find it useful to your workflow! I am working to fix the bugs that randomly cause the app to hang up (sometimes this is due to a poor cellular connection as you mentioned). Hopefully that update will be rolling out in about a week or so. Graphs are on the way as well (although might take a little longer than a week). Please continue to let me know if you have any further feedback. I look forward to making this app as perfect as possible for you. Happy trading!

Subscriptions

Pro (Annual)
Pro (Annual)
Custom trade prices & volatility, and more!
$29.99

App Privacy

The developer, Ranjha, Inc., indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Used to Track You

The following data may be used to track you across apps and websites owned by other companies:

  • Identifiers

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • User Content
  • Identifiers
  • Diagnostics

Privacy practices may vary, for example, based on the features you use or your age. Learn More

You Might Also Like

OptionStrat: Options Toolkit
Finance
tastytrade: Invest & Trade
Finance
Barchart Stocks & Futures
Finance
Unusual Whales
Finance
Stock Scanner - Stock Market
Finance
Options Alerter
Finance