ThetaForge: Options Analyzer
Options Strategy Analyzer
Free · In‑App Purchases
Build and analyze options strategies with interactive payoff charts, options chain data, volatility controls, Greeks, scenario testing, and clear risk insights.
ThetaForge helps you model, visualize, and understand options strategies in a visual, educational environment.
Build single-leg and multi-leg options structures, explore payoff behavior, adjust volatility assumptions, and test theoretical scenarios across price and time. Whether you are learning options mechanics or comparing complex strategy shapes, ThetaForge gives you a clear way to understand breakevens, defined risk, payoff behavior, and model-based outcomes.
ThetaForge is designed as an educational strategy modeling tool — not a brokerage, signal service, or financial advisor.
What you can do with ThetaForge
Create and analyze options strategies including calls, puts, spreads, covered positions, and multi-leg structures.
Visualize strategy payoff across a range of underlying prices.
Explore breakevens, max profit, max loss, and risk-defined behavior.
Adjust volatility assumptions to see how theoretical values may change.
Model scenarios across price movement, time, and implied volatility.
Compare strategy behavior before expiration and at expiration.
Use strategy templates and guided explanations to better understand common options structures.
Review neutral, risk-focused explanations that explain mechanics without telling you what to trade.
Built for options learners and strategy builders
ThetaForge is for people who want to understand how options strategies behave. It can help you explore questions like:
How does this spread behave if the underlying moves up or down?
Where are the breakeven points?
How much risk is defined upfront?
How does volatility affect the theoretical value of the position?
What happens as time passes?
How do multiple legs interact inside one strategy?
Educational, visual, and privacy-conscious
ThetaForge focuses on strategy modeling and theoretical analysis. It does not connect to brokerages, place trades, provide trade signals, or provide personalized investment recommendations. It is built to help you explore mechanics, structure, payoff, and risk in a clearer way.
Important disclaimer
ThetaForge is provided for educational and informational purposes only. It does not provide financial, investment, trading, tax, or legal advice. Options involve risk and are not suitable for all investors. Theoretical outputs, models, and scenarios are estimates only and may differ from real market prices, fills, liquidity, assignment behavior, taxes, fees, and other real-world outcomes. Always do your own research and consult a qualified financial professional before making financial decisions.
License Agreement
By downloading or using ThetaForge, you agree to Apple’s Standard End User License Agreement:
https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
Ratings & Reviews
- This app hasn’t received enough ratings or reviews to display an overview.
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The developer, One Nonstop Engineer LLC, 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 Linked to You
The following data may be collected and linked to your identity:
- Purchases
- Contact Info
- Identifiers
- Diagnostics
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More
Information
- Seller
- One Nonstop Engineer LLC
- Size
- 73.8 MB
- Category
- Finance
- Compatibility
Requires iOS 13.0 or later.
- iPhone
Requires iOS 13.0 or later. - iPad
Requires iPadOS 13.0 or later. - iPod touch
Requires iOS 13.0 or later.
- iPhone
- Languages
- English
- Age Rating
4+
- 4+
- In-App Purchases
Yes
- ThetaForge Pro Monthly $14.99
- ThetaForge Pro Yearly $134.99
- Copyright
- © 2026 One Nonstop Engineer LLC