Options Profit Calculator just changed the options trading game. Building the perfect strategy is now possible. Whether you have already entered a position or are planning your trades for the next day, Options Profit Calculator makes computing option prices at any underlying price quick and easy. With an easy to follow profit/loss table that shows you net gain as time goes on as the price of the underlying fluctuates, complex strategies are now deciphered and simpler to understand than ever. From beginner options traders who are just starting out to professionals with years of experience, Options Profit Calculator can offer convenience to your trading workflow.
Easily add any amount of legs to your strategy and watch how each leg affects the profit/loss chart. You have complete control over the implied volatility, trade price, and quantity of contracts so that you can tailor any trade to your portfolio and predictions. View net gain in dollars, percentage, or as the closing price of the trade right on the profit/loss chart. Want a more detailed breakdown of how the net gain was calculated? Just click on any outcome and get the exact math simplified line by line.
► Live market data prefills bid/ask prices and implied volatility for your convenience but is completely editable by you.
► Quickly and easily add and remove multiple legs across multiple expiries with a proper option chain layout.
► Scan the entire option chain based on your expected move in the underlying and initial outlay to filter out uninteresting and irrelevant options.
► Refresh the legs in your strategy to update their implied volatilities to current market levels while still keeping your custom trade price intact.
► View detailed information for every leg of your strategy including the Greeks.
► Vary the price of the underlying on the profit/loss table either by percentage or dollar amount increments.
► Get a comprehensive profit/loss breakdown for each leg of your strategy.
► View only certain weekdays, hide weekends, or view only the first of every month until expiry to help simplify longer dated options.
► All your strategies and adjustment defaults are synced across your devices using iCloud.
I created Options Profit Calculator out of pure need for a comprehensible and uncomplicated way to build options strategies on the go. I am not a company, brokerage, or investment firm -- I am a trader, just like you.
Options Profit Calculator offers a monthly and annual subscription for Options Profit Calculator Pro (or OPC Pro). If subscribed, a monthly charge will be applied to your iTunes account. Subscriptions will automatically renew unless canceled within 24-hours before the end of the current period. You can cancel anytime with your iTunes account settings.
NEW! Line graph profit comparison of different strategies side by side!
This update also includes support for fractional shares of common stock, an update to the calculation of aggregate greeks, as well as other minor bug fixes and improvements. If you encounter any bugs, glitches, or problems, please don't hesitate to send an email to email@example.com. Feedback and bug reports help this app grow and become more tailored for your workflow. Negative reviews don't encourage conversation or troubleshooting and don't include any technical information about the issues you may be experiencing.
Ratings and ReviewsSee All
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!
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 firstname.lastname@example.org? I will be waiting for your email and look forward to hearing from you.
If you need something to track your risk for an option trade, then look no further. I downloaded this app because I needed something to track my risk before I got into an app, also I couldn’t believe the amount of 5 star reviews I was seeing. I quickly realized that this is one of those truly authentic app that does what it’s meant to do! I emailed the developer to ask a few questions and he replied to promptly! You don’t see that a lot nowadays. If you’re hesitant about it, I suggest you download the free version and give it a test drive... 5/5 for sure
Developer Response ,
Thank you so much for the kind words and the glowing review! I’m so glad my app has been able to help you with your trading and I’m more than happy to help out over email! Stay safe and happy trading! :)
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- Ranjha, Inc.
- 7.1 MB
macOS 10.15 or later. Requires iOS 12.0 or later. Compatible with iPhone, iPad, and iPod touch.
- Age Rating
- © 2021 Ranjha, Inc.
- In-App Purchases
- Pro (Monthly) $9.99
- Pro (Annual) $36.99
With Family Sharing set up, up to six family members can use this app.