8 Best Options App For iPhone 2023

"This post includes affiliate links for which I may make a small commission at no extra cost to you should you make a purchase."

If you are looking for the Best Options App For iPhone to download for free, look no further.

Our expert panel of reviewers has tested dozens of apps and we have compiled a list of the 8 Best Options App For iPhone that passed our tests.

Contents

Check out our list of the 8 Best Options App For iPhone, tried and tested by our expert reviewers.

8 Best Options App For iPhone

1. Benzinga Financial News & Data

“Benzinga’s app gives you access to the fastest financial news and market data in one, easy to use platform. Read all of our great financial content, identify trade opportunities, and tap into the pulse of the market. Read breaking news to stay ahead of the pack. Benzinga’s latest app gives you all the information traders and investors need to stay ahead of the market on-the-go.

The Benzinga app includes:
• The latest news and headlines from our news desk.
• Fundamental data on your favorite stocks
• Track latest stock movements with “Why is it moving”
• Market-wide and sector data
• Watchlist news notifications

Download now to stay ahead, on the go!”

2. OptionPosition+

“OptionPosition+ Version 4.0

OptionPosition+ is a financial analysis App that estimates the value of a set of shares and put and call options for a particular stock. It allows the investor to explore various option hedging positions and create a portfolio that is sensitive to price and volatility fluctuations or that provides protection for various concerns. OptionPosition+ graphically illustrates the value of put protection, covered calls, call spreads, time spreads, delta neutral skew trades, iron condors, etc.. Examples of the use of OptionPosition to explore and display various hedging and speculative strategies are located at our website: www.OptionPosition.com.

OptionPosition+ comes with an initial one month subscription period that provides access to data on most stocks listed on the NYSE and NASDAQ and certain indexes (i.e. SPX, NDX, RUT, RUI). After this one month subscription period you may purchase an auto-renewing subscription through an In-App Purchase. (If you do not maintain a subscription you can only access stock and option data for AAPL.)
• Auto-renewable subscription
• 1 month ($2.99), 2 month ($4.99) and 3 month ($5.99) durations
• Your subscription will be charged to your iTunes account at confirmation of purchase and will automatically renew (at the duration selected) unless auto-renew is turned off at least 24 hours before the end of the current period.
• Current subscription may not be cancelled during the active subscription period; however, you can manage your subscription and/or turn off auto-renewal by visiting your iTunes Account Settings after purchase.
• Privacy policy and terms of use: https://sites.google.com/site/kramerkramersoftware/

OptionPosition+ Features:

• delayed stock and option prices for all available strike dates and strike prices (delay varies from 0 to 20 minutes)
• remembers 30 different portfolios each with 6 assets:
……….puts, calls, shares or child portfolios
………………….child portfolios can have different underlying stock
………………….child portfolios have correlated price
……….long, short any quantity
……….all listed strike dates
……….all listed strike prices
……….e-mail to anyone
• Black-Scholes equation used to determine implied volatility and future value of put and call options
• graphically displays Gain/Loss, Delta, Vega, Theta or Gamma as a function of stock price:
……….now (see black lines below)
……….at any future date up to the earliest strike date (see red lines below)
……….at assumed higher or lower volatilities (see green lines below)
……….with a changing price correlation to child portfolios included as an item/hedge
• graphically displays the probability of future stock prices and the probability of future option portfolio Gains/Losses based on current put/call straddle prices
• graphically displays the Volatility Smile for any expiration date
• scales on the graph are continuously adjustable with one and two finger moves – easily zoom in or out
• tap on the graph to show the X,Y value at a point and the value of the curves at that X value
• diagnostics table shows all Greeks and lets you easily create a Delta neutral portfolio
• 3 month US dollar LIBOR used for risk free interest rate
• incorporates predicted dividend payments into the Black-Scholes calculations without making a ‘fixed dividend rate’ error in Delta

Screen shots:

For an explanation of these option positions, and more, see our website www.OptionPosition.com. Screen shots shown below (for both iPhone and iPad):
1) Gain/Loss for a Put Protection in AAPL
2) Gain/Loss graph for an Iron Condor in AAPL
3) Assets (iPad includes Diagnostics) for the Iron Condor in AAPL
4) Delta graph for the Iron Condor in AAPL
5) Probability of the value of the Gain/Loss for the Iron Condor in AAPL
6) Volatility Smile using data source A”

3. Options : Stock Option Center

“Provides advanced Unusual Options Activities Monitor and Scanner, Live Scanning of Big Money Options, Options Price Alert, fast Live Portfolio tracking with in-depth options support, handy tools to draw powerful Payoff diagrams of your well planned options strategies and calculate the profit & loss, Live Options Chain, Options Greeks, IV, Put-Call Parity, etc calculated in Real-Time for Each options strike, Options Volume, OI, Max Pain Charts in various styles, and many more.

Options Pro is the BEST Options app and helps you trade options like an expert, e.g. helps you become fully aware of the Implied Volatility, watch the Open Interest, Daily Volume Strikes Patterns in different strikes, observe the subtle difference of the spreads between bid and ask to find out the best strike you want to trade on! Trade on the Options Expiration day with Max Pains; Track Options and Stocks in multiple Watch-lists, Check Real-Time Advanced Stock Quote; Study Advanced Stock Chart, Sync strategies and watch-lists among multiple devices; Share easily on Facebook / Twitter.

Watch the market wisely, Plan well, and Trade smart with Options Pro. Anytime, anywhere, even build the strategy & explore the Payoff Diagram without internet connection!

ADVANCED OPTIONS DATA
————————–
■ Options Flow Grid
■ Unusual Options Volume Scanner
■ Unusual OI Scanner
■ Live Scan of Big Money Options Activities
■ Top IV Scanner & IV Chart
■ Options Price Chart & Alert
■ Options Chain
■ Index Options supported
■ Extensive Options Greeks, IV, Put-Call Parity in Real-Time for EVERY strike
■ Options Volume, OI, Max Pain Chart
■ Daily Open Interest & Maximum Pain calculation
■ Visualized presentation in Grouped, Mixed & Stacked chart style

OPTIONS STRATEGY TEMPLATES
——————————–
■ Covered Call
■ Call / Put Spread
■ Butterfly
■ Straddle
■ Strangle
■ Calendar / Time Spread
■ Diagonal Spread
■ Iron Condor
■ Protective Collar
■ and ANY Customized strategies
■ No Limitation of how many legs / positions you want to use for a customized strategy

STRATEGY & RESEARCH
———————
■ Automatically saved strategy
■ Options priced using Black-Scholes model
■ Interactive Payoff Diagram
■ Live Portfolio tracking & instant reporting
■ Track options & stocks in multiple watch-lists
■ Live Advanced Stock Quote
■ Advanced Stock Chart
■ Personalized Research Notes with sentiment
■ Build options strategy & draw Payoff Diagram Offline
■ Easy sharing to Facebook, Twitter
■ Sync strategies, watch-lists, portfolios on multiple devices

Watch the market through visualized market information and visualize your risk / reward of the option strategy. View uniquely designed Options Volume, OI, & Max Pain Charts. Draw and visualize the payoff of options strategy using the Black-Scholes model to price options. The Interactive Payoff Diagram clearly presents how time decay impacts strategies. Adjust the IV Slider & Date Slider to watch the impact and evaluate your strategy thoroughly.

Optional Subscription
Advanced / Pro Plan with Unusual Options Volume & OI Scanning, Big Money Options Scanning, Options Price Chart & Alert, Greeks, etc
– Auto-renewable subscription is optional
– Length: Monthly / Annually
– Price: USD 29.99 / 64.99 / 299.99 / 599.99
– Payment will be charged to iTunes Account at confirmation of purchase
– Subscription automatically renews unless auto-renew is turned off at least 24-hours before the end of the current period
– Account will be charged for renewal within 24-hours prior to the end of the current period
– Subscriptions may be managed by the user and auto-renewal may be turned off by going to the user’s Account Settings after purchase
– No cancellation of the current subscription is allowed during active subscription period
– Privacy Policy http://www.mobileinteractive.com/privacy
– Term of Use http://www.mobileinteractive.com/term-of-use/

Contact: appsupport@mobileinteractive.com”

4. Options Pro Screener

Watch the market wisely, Plan well, and Trade smart with Options Pro. Anytime, anywhere, even build the strategy & explore the Payoff Diagram without internet connection!

ADVANCED OPTIONS DATA
■ Options Flow Grid
■ Unusual Options Volume Scanner
■ Unusual OI Scanner
■ Live Scan of Big Money Options Activities
■ Options Price Chart & Alert
■ IV Scanner & IV Chart
■ Dynamic Options Chain
■ Index Options supported
■ Extensive Options Greeks, IV, Put-Call Parity calculated in Real-Time for EACH options strike
■ Options Volume, OI, Max Pain Chart
■ Daily Open Interest & Maximum Pain calculation
■ Visualized presentation in Grouped, Mixed & Stacked chart style

OPTIONS STRATEGY TEMPLATES
■ Covered Call
■ Call Spread
■ Put Spread
■ Butterfly Spread
■ Straddle
■ Strangle
■ Calendar / Time Spread
■ Diagonal Spread
■ Iron Condor
■ Protective Collar
■ and ANY Customized strategies
■ No Limitation of how many legs / positions you want to use for a customized strategy

STRATEGY & RESEARCH
■ Automatically saved strategy
■ Options priced using Black-Scholes model
■ Interactive Payoff Diagram
■ Live Portfolio tracking & instant reporting
■ Track options & stocks in multiple watch-lists
■ Live Advanced Stock Quote
■ Advanced Stock Chart
■ Personalized Research Notes with sentiment
■ Build options strategy & draw Payoff Diagram Offline
■ Easy sharing to Facebook, Twitter
■ Sync strategies, watch-lists, portfolios among multiple devices

Optional Subscription
Advanced / Pro Plan with Unusual Options Volume and OI Scanning, Big Money Options Scanning, Options Price Chart & Alert, etc
– Auto-renewable subscription is optional
– Length: Monthly / Annually
– Price: USD 26.99 / 59.99 / 269.99 / 599.99
– Payment will be charged to iTunes Account at confirmation of purchase
– Subscription automatically renews unless auto-renew is turned off at least 24-hours before the end of the current period
– Account will be charged for renewal within 24-hours prior to the end of the current period
– Subscriptions may be managed by the user and auto-renewal may be turned off by going to the user’s Account Settings after purchase
– No cancellation of the current subscription is allowed during active subscription period
– Privacy Policy http://www.mobileinteractive.com/privacy
– Term of Use http://www.mobileinteractive.com/term-of-use/

Contact: appsupport@mobileinteractive.com”

5. OptionStrat: Options Toolkit

“STRATEGY VISUALIZER & CALCULATOR:
Find and edit option strategies in real-time with our options profit calculator to gain a visual understanding of your trades. OptionStrat’s strategy visualizer is used to find the potential profit and loss at various prices, as well as show how your trade is affected by implied volatility, time decay, and other factors.

The strategy visualizer makes it easy to scroll through various strikes and expirations to build an options strategy. Nearly any strategy can be created, including strategies with underlying stocks like covered calls, or multiple expirations such as double diagonals.
Over 50 strategy templates are available to choose from, each with a handy setup chart and description.

STRATEGY OPTIMIZER:
Automatically calculate the best strategies given a target price and expiration date.

The options optimizer will search through thousands of potential trades to find which strategies maximize returns or chance of profit (or somewhere in between).

UNUSUAL OPTIONS FLOW:
OptionStrat Flow scans the market to uncover large and unusual trades as they happen, giving you insight into trades by institutions and other smart money.

Not only do we show large call or put purchases, but we detect if the transaction showed urgency or aggression from the buyer or seller to show you both sides of the market.

We are the first to provide unusual options activity for complex strategy types. OptionStrat Flow detects spreads, condors, and other advanced strategies and categorizes them as bearish, bullish, neutral, or directional.

Use the in-app tutorials to learn more about each tool in the OptionStrat toolkit!

DISCLAIMER:
Options involve a high degree of risk and are not suitable for all investors. OptionStrat is not a registered investment advisor. The calculations, information, and opinions in this app are for educational purposes only and do not constitute investment advice. Calculations are estimates and do not account for all market conditions and events.

6. Super Stocks with Options

“Super Stocks is a free all-in-one stock market station, intelligent stocks portfolio tracker with comprehensive real-time alerts, and advanced options research.

ALL-IN-ONE MARKET STATION
—————————–
■ Live Advanced Stock Quotes (Pre & After hour)
■ Advanced Chart with dozens of Technical Indicators, Fibonacci lines, Moving Averages, Pivot Point, Price Bands, Overlay Bars
■ Multiple Watch-lists for Stock, Options, Futures, Forex
■ Price Alert & Strategic Alert based on TA Indicators Combination
■ Live News & Personalized Notes
■ Comprehensive Earnings & Dividend Calendar and history
■ Advanced IPO Calendar
■ Economic and Split Calendar
■ Market Index and Top Mover
■ Screening & Scanning for your own picks with Technical and Fundamental scanners & filters
■ Candle Pattern Based Scanner and Stock Report
■ Company Profile and SEC Filings (e.g. S-1, 8K, 10K, etc)
■ Analyst Rating
■ Extensive Financial Data & Key numbers
■ Insider Trading and Insider Transaction history
■ Cloud Sync on multiple devices
■ Touch ID protected app access

ADVANCED PORTFOLIO TRACKER
■ Manage Multiple portfolios
■ One Summary View shows all portfolios’ balance, profit, & change
■ Live Tracking & Instant Reporting
■ Import Portfolio from US major brokers: Fidelity, E*Trade, TradeKing, TradeStation, Scottrade, Charles Schwab, OptionsHouse, Tradier
■ Support Stock, ETF, Mutual Fund, Options
■ Auto Refresh
■ Aggregated Portfolio News
■ Alert based on portfolio’s value, gain / loss, performance, & stock events: Portfolio Summary Alert, News Alert, SEC Filing Alert, Insider Trading Alert, Earnings Alert, Dividend Alert, Top Mover Alert, Options Expiration Alert
■ Dividend Distribution & Reinvestment
■ Track Money Deposited / Withdrawn from Bank in Cash position
■ Well Guided setup of complex options strategy
■ Built-in Options Strategy Templates
■ Major Foreign Currency Supported
■ Performance Chart of 14 days
■ PDF Report of Portfolio Snapshot
■ Share portfolio securely through iMessage

ADVANCED OPTIONS
■ Unusual Options Activities Scanner and Alert
■ Live Scan of Big Money Options Activities
■ Top IV Scanner & Intraday IV Chart
■ Options Volume & OI in AR
■ Options Price Chart & Alert
■ Live Options Chain
■ Index Options supported
■ Extensive Options Greeks
■ Options Volume, OI, Max Pain Chart
■ Daily OI & Maximum Pain calculation
■ Interactive Strategy Payoff Diagram
■ Plan your options trading with the strategy simulator and do your analysis like playing game
■ Various Strategy Templates: Covered Call, Call Spread, Put Spread, Butterfly Spread, Straddle, Strangle, Calendar / Time Spread, Diagonal Spread, Iron Condor, Protective Collar, Covered Put, Married Put
■ Easy share to Facebook, Twitter, Weibo, and through iMessage

Ads may display in the app; subscription may be needed for certain features; quotes may be delayed by up to 15 mins; quotes are from various internet sources.

Optional Subscription
Essential, Advanced Options, Advanced Money Flow, Pro Plan, and Pro Plus Plan with Unusual Options Scanning, Options Price Chart & Alert, Money Flow analysis, etc
– Auto-renewable subscription is optional
– Length: Monthly
– Price: USD 4.99 / 32.99 / 29.99 / 64.99 / 199.99
– Payment will be charged to iTunes Account at confirmation of purchase
– Subscription automatically renews unless auto-renew is turned off at least 24-hours before the end of the current period
– Account will be charged for renewal within 24-hours prior to the end of the current period
– Subscriptions may be managed by the user and auto-renewal may be turned off by going to the user’s Account Settings after purchase
– No cancellation of the current subscription is allowed during active subscription period
– Privacy Policy http://www.mobileinteractive.com/privacy
– Term of Use http://www.mobileinteractive.com/term-of-use/

Contact: appsupport@mobileinteractive.com”

7. thinkorswim: Trade. Invest.

“Don’t miss a minute of the market. Put the power of thinkorswim right in your pocket with our trading app. Manage your positions, find quotes, charts, and studies, get support, and place trades easily and securely—all right from your phone or tablet. Access investment products like stocks, options, futures, and forex, and even try out new strategies with our paper trading feature, paperMoney®. Add commission-free+ online trading to the mix, and that’s what we call trading smarter.

• Trade stocks, complex options, futures, and forex. Create and modify advanced orders and add order conditions quickly and easily.
• Chat with a trading specialist in real-time—even share your screen without ever leaving the app.
• Live stream programming from TD Ameritrade Network (through our affiliate, TD Ameritrade Media Productions Company)* and CNBC (US, Asia, and Europe), and get in-depth company profiles from Trefis** to uncover key insights.
• Practice your trading strategies with real market data using paperMoney®—without risking a dime.***
• Scan multi-touch charts with hundreds of studies. Chart drawings will sync with the thinkorswim® platform. Glance at the past, take a look at the present, and model the future when you overlay company and economic events.
• Manage and analyze your positions and view your account balances on all your linked accounts.
• Track and modify your watchlists, orders, and alerts, including saved orders.
• Check out our expanding library of edication videos.
• Enhance push notifications with our Watch App.

So what are you waiting for? Download the award-winning++ thinkorswim Mobile app and hold the markets in your hands.

+ Applies to US exchange listed stocks, ETFs, and options. A $0.65 per contract fee applies for options trades.

*TD Ameritrade Network is brought to you by TD Ameritrade Media Productions Company. TD Ameritrade Media Productions Company and TD Ameritrade, Inc. are separate but affiliated subsidiaries of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer.

**Trefis information/estimates provided by insight Guru, a separate and unaffiliated firm.

***The paperMoney software application is for educational purposes only. Successful virtual trading during one time period does not guarantee successful investing of actual funds during a later time period as market conditions change continuously.

++Reviewed against 10 other online brokers, TD Ameritrade was named #1 Overall Broker, and Best in Class (within top 5) for Mobile Trading in the StockBrokers.com 2021 Online Broker Review.

Market volatility, volume, and system availability may delay account access and trade executions.

Options involve risks and are not suitable for all investors. The risk of loss in trading securities, options, futures, and forex can be substantial. Clients must consider all relevant risk factors, including their own personal financial situation, before trading.

Futures and forex trading services provided by TD Ameritrade Futures & Forex LLC, member NFA. Trading privileges subject to review and approval. Not all clients will qualify. Forex accounts are not available to residents of Ohio or Arizona.

Past performance does not guarantee futures results.”

8. Webull: Investing & Trading

“Zero Commissions
– ZERO commission when you trade Stocks, ETFs and Options.
– ZERO per contract fee when you trade options.
– ZERO minimum deposit requirements for brokerage accounts and IRAs.

Trade Cryptos with Webull Crypto
– Buy/sell cryptocurrencies at a $1 minimum.
– Trade Bitcoin (BTC), Dogecoin (DOGE), Ethereum (ETH), Shiba (SHIB), Cardano(ADA), Litecoin (LTC) and more.
– Complimentary crypto real-time data, customizable charts, and indicators.

Expand Your Stock Portfolio
– Fractional Shares Trading make it simple for anyone to invest in their favorite companies and ETFs without purchasing a whole share. Buy fractions of stocks at a $5 minimum!

Join Now, Get Free Stocks
– Get free stocks for a limited time when you open & fund a Webull brokerage account.
– Invite a friend, get free stocks. More friends, more stocks.

Free Level 2 Advance (Nasdaq TotalView) Access
– Sign up with us and instantly receive a 3-month complimentary subscription to Level 2 Advance (Nasdaq TotalView).

Trade Conveniently
– Place orders and look up tickers by only using your voice.
– Customize and revitalize your mobile trading space by entering “Big Button Mode” to quickly place trades.
– Webull supports pre-market (4:00 AM – 9:30 AM ET) and after hours (4:00 PM – 8:00 PM ET) trading sessions.
– Available on mobile, tablet, desktop, and web platforms.

Access Smart Trading Tools
– Explore in-depth analytic tools and charting software. Over 50 technical indicators and 12 charting tools help you to analyze trends and decipher market information.
– Practice and explore trading methods without spending real money. Test out your trading skills with our Paper Trading feature.
– Sift through the market swiftly and concisely with Webull’s stock screener. Utilize this search engine to build a diversified investment portfolio according to your investment goals.

DISCLOSURES
No content in the App shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data in the App are for reference only and no historical data shall be considered as the basis for judging future trends.

Webull Financial LLC is a member of Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash).

Free trading of stocks refers to $0 commissions for Webull Financial LLC self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply.

Webull Financial LLC is a brokerage firm regulated by FINRA.

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Webull Crypto LLC. Cryptocurrency trading is offered through an account with Apex Crypto. Apex Crypto is not a registered broker-dealer or FINRA member and your cryptocurrency holdings are not FDIC or SIPC insured. Crypto trading is not yet available for New York state residents.

Subscription Descriptions
1. Subscription Services:
Nasdaq TotalView
OPRA Real Time Data
2. Subscription Cycle: Monthly
3. Subscription Pricing: $1.99-$2.99 per month
4. You can enjoy 7 days’ free trial for your first subscription.
5. Subscriptions automatically renew unless auto-renew is turned off at least 24-hours before the end of the current billing period. You can cancel your subscription from the iTunes Store/App Store. Upon cancellation, your subscription would be valid until the expiration date of your present order.
6. Your account will be billed 24 hours before the end of the subscription cycle.
7. Once a user purchases a subscription, they forfeit the remainder of their trial period (if any).
8. Privacy Policy:
www.webull.com/PrivacyPolicy.html
9. Service Agreement:
www.webull.com/ServiceAgreement.html”

Related Posts: