Optionality: Options Trading 4+

Manage Risk & Trade Spreads

Optionality, LLC

    • 4.9 • 51 Ratings
    • Free

iPhone Screenshots

Description

Optionality aims to make the complicated process of options trading easier to digest. Our app features multiple options trading tactics for stocks and ETF’s by pre-packaging spreads in a more streamlined menu. We utilize pre-trade metrics and helpful data to give each trade context about the associated risks.

KEY FEATURES

- Trade your favorite stocks
- Monitor your trades in real-time
- Filter for various expirations
- Shop from multiple pre-packaged spreads*
- Be up-to-date on market news
- Close positions when it makes sense for you
- Pre-trade risk metrics
- Bank level security and privacy

OUR REVIEWS SPEAK FOR THEMSELVES!

“I was able to place my first options trade ever, and more importantly, felt super confident in the process and what I was doing.” – Pete B

“10/10 would recommend this app for anyone who has wanted to try options trading but is too intimidated to get started.” – John M

“I grew tired of the ‘sit and hold’ strategy! Optionality proved to me that options don't have to be exclusive to the professional trader.” – Zack T

*Feedback is from current Optionality users. No participants were compensated*

DISCLAIMER

*Pre-packaged spreads are option spreads formed by our algorithm and offered as a package. Optionality, LLC is not a broker-dealer or investment advisor but is the mobile app and website. Securities and investments are offered through broker-dealer Optionality Securities, LLC., member of FINRA and SIPC. “Optionality” refers collectively to Optionality, LLC’s mobile App and website, including securities offered through Optionality Securities, LLC. Options involve a high degree of risk and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially significant losses. ‘Lower risk bucket’ means pre-packaged spreads that are below where the stock is trading. 'In-the-money' means options spreads where the stock market price is greater than the highest strike price for call spreads, and the market price is lower than the lowest strike price for put spreads. ‘Call spreads’ means an options trading strategy that involves buying a call and selling a call with the same expiration and a higher strike price, whereas a ‘put spread’ means an options strategy that involves buying a put and selling a put with the same expiration and lower strike price. ‘At Expiration’ means the expected behavior of the trade once the expiration time is reached. ‘Money multiple’ is the projected maximum gain divided by the projected maximum loss. Read Characteristics and Risks of Standardized Options before investing in options:https://www.theocc.com/Company-Information/Documents-and-Archives/Options-Disclosure-Document: All investments involve risk and past performance of any security does not guarantee future results or returns. Optionality Securities, LLC. does not encourage day trading & FINRA fees may apply. Please refer to our fee schedule for a complete listing of relevant charges. System response, trade executions and account access may be affected by market conditions, system performance, quote delays and other factors. The risk of loss in electronic trading can be substantial. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Optionality makes no guarantee as to the currency, accuracy, or quality of information published and/or archived on the platform, nor will Optionality accept any responsibility for other organizations, businesses, and private persons that provide information on this platform. All information on the platform regarding products and services provided by Optionality is subject to change without notice. Optionality is not responsible for misprints, out of date information, or errors. Optionality does not provide any financial or investment advice. Additional information for Optionality Securities, LLC can be found by clicking here: https://brokercheck.finra.org/

What’s New

Version 1.1.657

Updated onboarding flow
Portfolio balance enhancements
Discovery tab tweaks
Big fixes

Ratings and Reviews

4.9 out of 5
51 Ratings

51 Ratings

rev williams ,

Best App for Stock Trading!

This app offers the simplest way to trade stock on daily or weekly basis; with minimal investments. I started with $100 and profited $93 on a one week option trade! I particularly like its built in risk assessment index tool for traders of varying investing appetite to easily choose an investing approach for a particular stock trade! (Within seconds). Also, the app provides a projection for the potential $$ max return and loss when choosing my investment. I find these two features are the most unique and beneficial feature for the investor. This investment app is a must have for all investors who want simple, practical, streamlined, and just easy to use way to participate in stock trading. Im on it daily!

Developer Response ,

Thanks for trying out the Optionality app! We are so glad you have had a positive experience. All recommendations are welcome.

Jameson11 ,

Makes options trading so much easier!

I tried trading options through various other online platforms and didn’t really understand what I was doing - Optionality’s trading process is completely different and makes way more sense to me! Everything is laid out clearly right in front of you, so it helps to make the possible scenarios understandable, while also making it easier to browse other potential trades. This has changed the way I trade options! I highly recommend to all levels of trading.

Developer Response ,

Thanks for trying Optionality! We deeply appreciate your feedback. All recommendations are welcome.

RMOM2121 ,

Great design and intuitive to use

I am a beginner when it comes to options and this awesome app takes all the guesswork out of building an options trade. I know exactly how much I can lose and make on each trade without having to build a complex options contract. Decide the direction you think the stock will go, and point and click on your pre-built trade. I use it to make extra money on the side and hedge against the market and my retirement account. This app is incredible!

Developer Response ,

Thanks for trying Optionality! Awesome feedback and cool strategy. We are glad you are having a positive experience. All recommendations are welcome.

App Privacy

The developer, Optionality, 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:

  • Financial Info
  • Contact Info

Data Not Linked to You

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

  • Usage Data
  • Diagnostics

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

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