Olive Invest

Olive Invest

Confident, Smart Investing

17 ratings
5 reviews

Archived App

This is an archived listing of the app previously available on the App Store.

Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.

Details

  • Released
  • Updated
  • February 14, 2022
  • April 4, 2023
Olive Invest screenshot #1 for iPhone
Olive Invest screenshot #2 for iPhone
Olive Invest screenshot #3 for iPhone
Olive Invest screenshot #4 for iPhone
Olive Invest screenshot #5 for iPhone
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About

This app provides sophisticated investment strategies using machine learning, previously only available to institutions. It offers an intuitive interface for executing and managing complex trades quickly and efficiently, empowering retail investors.

Machine learning-driven investment strategies
Sophisticated option strategies
Intuitive trade execution and monitoring
Quick setup under 3 minutes
Empowers retail investors
Secure investment experience
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What's New in Olive Invest

2.0.0

April 4, 2023

The completely new interface makes it easier than ever to achieve downside protection while still maintaining upside potential, and we're excited to announce the addition of a separately managed account, OliveSMA, to further enhance your investment options.

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Subscription plans

OlivePro

Access to OlivePro features

$49.991 Month
14 Days trial
How to cancel Olive Invest subscription ⁉️

User reviews

Great app for a newbie like me

I’ve been hesitant at first but after practicing in the trading sandbox, I’m really happy with the results! It’s a great app for anyone interested in tapping into the world of options trading.
I’m now ready to connect my brokerage and make some real money!

Pricey

I just signed up, so I can’t comment on the returns, but based upon a $10,000 account you need a 10% return just to pay for the SUBSCRIPTION. It’s almost $1,000/ year for the service! Wow. If the returns pan out it can be worth it, but with so few people leaving reviews, and almost no information on algo performance this is very high. All that said, it does execute on TD as advertised (although the abitity to tweak for better fills would be nice.). It is user friendly and very clean with no bugs that I could find. One request would be a full desktop browser version as the iPad version lacks the ability to see the full risk/reward, and for more experienced traders to play with. If it pans out I will update my review.

Update: I have been playing with this a lot, and the first thing to say is that it’s fills are TERRIBLE. It pays the market bid, and does not attempt to find a middle point between the spread at all, nor does it give you the ability to manually tweak the order before submission. This doesn’t bode well for future returns using this app.
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Response from developer

Thanks for the feedback. We actually compute limit price as the mid point between bid/ask for all the legs.

I love defining my outcome!

As a layman investor, I know very little about trading options. This platform gives me the access to options trading without having to know the tricks. It’s very easy to understand. As far as I know, there’s no competing product.

Last year I averaged 15 percent return. This was while I had protected downside risk - big wins for me personally. I am a dumb retail investor who blindly followed olives picks.
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Can’t see order executions

Paid for the subscription and couldn’t see strikes of orders to complete the strategies. Platform does not work as advertised. Ended up getting refunded from Apple.

Response from developer

Very sorry to hear that you experienced this. If you paid for a subscription you should have continued to have full access to OlivePro features that you experienced during the 2 week free trial, including ability to see the optimized strikes on the preview order screen for each trade during market hours. Please get in touch with us via the in app chat so we can extend a complimentary subscription to you to make up for the inconvenience!

Gives decent trades but……

Decent options plays for any stock, not a lot of risk or be more risky while being smarter. The app runs really slow though, and times out a lot. I’m still on 2 free week trial and don’t know if I’ll renew until the bugs are worked out.

Response from developer

We've made a massive improvement to responsiveness and speed of the app (1.2.6). Using defined outcomes you know your risk exposure, are able to customize a suitable buffer percentage, and at maturity cannot lose more than buying the underlying stock/ETF outright.

FAQ

What is Olive Invest?

Olive Invest is an AI-powered investment platform designed to provide retail investors with sophisticated option strategies typically reserved for institutions. It aims to simplify complex trading and empower users to manage their financial future.

How secure is Olive Invest?

Olive Invest emphasizes a secure investment experience for its users. For detailed information on their security measures and data handling, users can refer to the Terms of Use and Privacy Policy available within the app and on their website.

What are the subscription plans for Olive Invest?

Olive Invest offers several subscription plans including OlivePro and OlivePaper, with monthly and annual options. Prices range from $49.99/month to $799.99/year, and most plans include a 14-day free trial.

How quickly can I start using Olive Invest?

Olive Invest boasts a quick setup process, allowing users to get started in under 3 minutes. This streamlined approach eliminates the need for extensive manual calculations or prior trading experience.

What devices does Olive Invest support?

Olive Invest is currently available on iPhone and iPod devices, as indicated by the supported devices list. Compatibility with other platforms may be updated in future releases.

When was Olive Invest last updated?

Olive Invest was last updated on April 4, 2023, with the latest version being 2.0.0. This indicates regular development and maintenance by the Olive Advisors Inc. team.

What is the user rating for Olive Invest?

Olive Invest has a rating of 3.8 stars based on 17 user ratings. This feedback provides insight into user satisfaction with the platform's features and performance.

Does Olive Invest offer a free trial?

Yes, Olive Invest offers a 14-day free trial for most of its subscription plans, including OlivePro and OlivePaper. This allows users to explore the platform's features before committing to a paid subscription.