# Options Trader: FnO & Stocks — Quant Mode & Strategy Builder

> Advanced options trading platform with strategy builder and real-time analytics. (iPhone/iPad app by Raise Financial Services.)

- Source: https://appshunter.io/ios/app/options-trader-fno-and-stocks/id1601444691 (this page in markdown: same URL + `.md`)
- Developer: [Raise Financial Services](https://appshunter.io/developer/1574153860)
- Category: Finance, Business
- Price: Free
- Rating: 5.00/5 from 2 App Store ratings · 51 written reviews indexed
- Age rating: 4+
- Requires: iOS 15.6 · 144 MB
- Languages: American English
- Released: 2022-05-02
- Data updated: 2026-08-26
- Monetization: ad-supported
- User reviews in markdown: https://appshunter.io/ios/app/options-trader-fno-and-stocks/id1601444691/reviews.md

## What is Options Trader?

A Dedicated Options Trading Platform Build for Serious FnO Traders 

More than 1 Mn+ users love F&O trading on Options Trader! That’s why we’ve rebuilt our app for trading options with insights from India’s F&O traders to deliver a precise, fast, and disciplined FnO trading experience.

At the heart of Options Trader is Dhan’s proprietary trading engine – DEXT, which powers every execution and innovative tools like Iceberg+, Super Orders, and Quant Mode, ensuring traders get unmatched speed and efficiency.

Backed by industry-first features, Options Trader is here with All-New (& Revamped) Awesome Features for Option Trading.

> Quant Mode
Quant Mode fundamentally transforms how you build multi-leg option strategies.

Instead of manually picking each contract, you now define logics for each leg. This Option Trading platform instantly identifies the best strikes that match your logic. There are a total of 9 conditions of Quant Mode (like ATM Points, Closest Premium, Delta, Gamma, etc.) based on which you can create the logics for Sensex option trading or Nifty option trading.

> Custom Strategy Builder
Build multi-leg option strategies across expiries and execute in one go with the Custom Options Strategy Builder. See max profit/loss, breakevens, POP (Probability of Profit), risk-reward, live Greeks, margin, and payoff. Simulate outcomes by changing spot, IV, or days to expiry. Save, modify, and edit strategies anytime.

> Advanced Option Chain
Trade calls and puts directly from the option chain with Greeks and other awesome insights on our option trading app.

> Popular Strategies
Pick from ready-to-use options strategies by market view (bullish, bearish, non-directional). Get auto-generated variations with expected profit, breakevens, and margin. Analyze on payoff and execute directly.

> Super Order
Place Entry, Target, and Stop-Loss (optional Trailing SL) in a single order. Validity up to 365 days for CNC/NRML/Intraday/MTF till triggered. Entry leg goes to exchange immediately; target and SL are stored on Dhan and auto-sent on trigger. Modify/cancel all legs when pending; after activation, adjust target/SL prices.

> Iceberg & Iceberg+
Slice large orders to avoid revealing full size or crossing freeze limits. Iceberg+ sends slices in parallel with single margin validation for smoother execution. Auto-applies when margin permits - just set quantity and slices.

> Realtime Pay-off Graph
Our app for option analysis helps you understand the potential P&L for your strategies before you execute them.

> Dedicated Commodity Insights
Commodities such as Crude Oil, Gold, Natural Gas and more are available across all features on Options Trader.

> Forever Order with OCO
Set a target price that stays active on our FnO app until the specified price hits, including OCO for F&O trading.

> Instant Pledge Margin
Pledge shares from your demat account to get more margin for F&O trading within minutes.

> Synced Across All Dhan Platforms
All our platforms are synced in real-time all across Positions, Orders, Basket, Margin & Funds, Portfolio, Charts, Watchlist and Tradebook.

 > Pricing
Free Demat and Trading Account with No AMC for life!
₹ 20 or 0.03% (whichever is lower) on Equity Intraday & All Segments Futures
₹ 20 on All Segments Options

Registered & Corporate Office:
Unit No. 2201, 22nd Floor, Gold Medal Avenue, S.V. Road, Beside Patel Petrol Pump, Piramal Nagar, Goregaon West, Mumbai - 400104

Member Name: Raise Securities Private Limited
(formerly Moneylicious Securities Private Limited)
SEBI Registration Number: INZ000006031
Member Code: NSE: 90133 | BSE: 6593 | MCX: 56320
Registered Exchanges: NSE, BSE & MCX
Exchange Approved Segments: Equity, F&O, Commodity, Currency, ETF, Mutual Funds

## Key features

- Quant Mode strategy builder
- Custom multi-leg strategy builder
- Advanced option chain with direct trading
- Super Order for entry, target, and stop-loss
- Iceberg+ for slicing large orders
- Real-time payoff graphs
- Dedicated commodity insights

## Recent user reviews (10 of 51)

All indexed reviews: https://appshunter.io/ios/app/options-trader-fno-and-stocks/id1601444691/reviews.md

### 3/5 — A REQUEST

*2026-07-17*

Dear Dhan Team,

I would like to appreciate the excellent work you’ve done with the Dhan DEX D3 platform. As an active F&O trader, I find it to be one of the best trading platforms available in India. The interface is clean, fast, and designed with traders in mind.

I have a few suggestions that I believe would make the platform even better.

1. Display P&L amount on Chart-based Target & Stop Loss

When placing a target and stop loss directly on the chart, the platform currently displays only the quantity. It would be extremely helpful if it also displayed the estimated profit or loss in monetary terms (₹), based on the target and stop-loss levels.

Seeing the actual amount at risk and the potential reward directly on the chart would improve decision-making and make trade management much more intuitive.

2. Reset Entry Price and P&L on Re-entry

This is the feature I would request the most.

Suppose I enter a contract at ₹200 and exit at ₹300. Later, I re-enter the same contract at ₹260. Instead of showing my fresh entry at ₹260, the chart continues to display an averaged or previous entry reference. This makes it difficult to judge the current trade accurately.

A bigger concern is the P&L display. For example, if I take a ₹10,000 loss on a contract, exit the position, and later find a fresh setup to re-enter the same contract, the platform still shows the previous ₹10,000 loss. Psychologically, this is distracting and can negatively influence trading decisions.

Every new position should be treated as a completely fresh trade. Once a position is closed, the next entry in the same contract should display:

* The new entry price only.
* Profit/Loss calculated only from the current open position.
* No carry-forward of the previous trade’s realized P&L on the active position display.

Traders can always view their overall realized P&L in the Positions, Orders, or Trade Book sections. However, the chart should reflect only the currently active trade, allowing traders to make unbiased decisions based on the present setup rather than previous outcomes.

I believe these enhancements would significantly improve the trading experience, especially for active intraday F&O traders.

Thank you for building such a powerful platform and for continuously improving it. I hope you will consider these suggestions in a future update.

Kind regards,

Areeb Khan

**Developer response:** Hi Areeb Khan,

Thank you for your thoughtful review and for your kind words about Dhan DEX D3. We appreciate the detailed suggestions you've shared regarding chart-based P&L display and resetting entry price/P&L on re-entry. Your feedback has been noted and shared with our product team for consideration in future improvements.

We value your support and insights as an active trader!

### 3/5 — Notification issue

*2025-12-10, version 1.0.35*

Dear developer app’s notification gets automatically off n have to reinstall app again n again…such a panic plz resolve this

### 3/5 — Lagging chart

*2025-11-21, version 1.0.35*

Chart open and any command like option chain check modify target stuff on chart not open quickly as compared to zerodha. Just an lite version can be introduce

### 5/5 — Reliable, Fast & User-Friendly Trading App

*2025-10-04*

Dhan is one of the best trading apps I’ve used. The interface is clean, fast, and easy to navigate, even for beginners. Order execution is super quick and the charts are very detailed with all the tools a trader needs. I also like the transparency in charges and the helpful customer support. Overall, a reliable app for serious as well as new traders. Highly recommended! ⭐⭐⭐⭐⭐

**Developer response:** Hi, thank you for your review! We’re thrilled to hear that you’re loving our app. Your feedback means so much to us and motivates us to keep improving and delivering the best experience possible.

### 4/5 — Stopped showing price alert

*2025-07-23*

The app has suddenly stopped showing price alerts and order executions on Home Screen and Lock Screen even though my device notification settings was on for the app. Please rectify this

**Developer response:** Hi Nekta1992, thank you for reporting this issue. Notification delivery can sometimes be affected by device settings, app permissions, or recent updates. We recommend checking notification permissions and battery optimization settings once again. Please connect with us on +91 99877 61000 so our team can assist you further and help resolve the issue.

### 5/5 — Loss

*2025-07-09, version 1.0.31*

Loss is always there when there is a profit all profit goes to them by a source of brokreage worst app forever

### 2/5 — After update the app is not user friendly now.

*2025-07-07, version 1.0.31*

After update the app is not user friendly now. We have to go inside then again inside for Future of any stock. 
Also daily profit/loss of Positions still missing.
Must do recheck the application for its user friendly behaviour.

### 1/5 — Full of bugs

*2025-01-24, version 1.0.27*

Your pc version is best but for Mobile we can't do scalping every section is buggy, i have iPhone 14 plus whenever i open chart and change option price chart get mess up if i do long press menu pop's up but it not hide until i go from landscape to portrait, i can't even choose quantity from chart full of bugs.

### 3/5 — App freeze problem

*2024-12-20*

Overall app is so good but now a days apps gets freezes most of the time. Unable to select any option, time frame a, call or put strike price change as it gets freeze most of the time that disappoints me. Request you to look this issue and fix it immediately

**Developer response:** Hi Raj, we're glad you like the app overall, but we're sorry to hear about the freezing issues. We understand how frustrating this can be and are working to address such problems to ensure a smooth experience. If the issue persists, please contact us at 9987761000 or help@dhan.co. For quicker resolution, you can also fill out this form: https://forms.gle/MP7Nf85mdyA86GvA9 . Thank you for your support.

### 4/5 — not compatible with ipad

*2024-10-25, version 1.0.25*

as a dhan user I love to use dhan app and scalper option and its quitly not supported the resolution of ipad it shows small screen please develop this and zerodha works quite fine in ipad with great resolution screen so plz kindly update

## Frequently asked questions about Options Trader

### What is Options Trader?

Options Trader is a dedicated platform for FnO (Futures & Options) trading, offering advanced tools like a strategy builder, real-time analytics, and efficient order execution for serious traders.

### Does Options Trader have ads?

Yes, Options Trader contains advertisements. As a free application, it relies on ads to support its services.

### What are the key features of Options Trader?

Key features include Quant Mode for building multi-leg strategies, a Custom Strategy Builder, an Advanced Option Chain, Super Orders, Iceberg+ for large order execution, and real-time payoff graphs.

### What devices is Options Trader available on?

Options Trader is available for iPhone and iPod devices. It is designed for mobile trading on these platforms.

### How does Quant Mode work in Options Trader?

Quant Mode allows you to build multi-leg option strategies by defining logic for each leg based on conditions like ATM Points, Closest Premium, Delta, and Gamma, rather than manually selecting contracts.

### Can I trade commodities on Options Trader?

Yes, Options Trader provides dedicated commodity insights and allows trading for commodities such as Crude Oil, Gold, and Natural Gas across its features.

### What is the rating of Options Trader?

Options Trader has a high rating of 5.0 stars based on 2 user ratings, indicating strong user satisfaction with the platform.

### How frequently is Options Trader updated?

The latest version of Options Trader is V1.0.38, which was last updated on March 17, 2026. This suggests a commitment to ongoing development and improvements.

## Version history (last 5 releases)

### V1.0.40 — 2026-07-10

The makers of Options Trader are always formulating ways to make your analysis easier and execution faster.

That's why this update has multiple improvements like:
- OI Bar Graph
- Options Buildup
- Future Buildup
- Multi-strike OI

We call this Advanced OI Analytics, a unified section to view all things related to Open Interest.

Additionally, we've made many under-the-hood improvements too. Update the app now and enjoy.

### V1.0.38 — 2026-03-17

Love Options Trader? It just got better with this update!

 Manage risk on open positions with Position Analyser
 Get real-time data with Straddle Chart
 Auto-exit open F&O and Intraday positions with P/L Exit

We've also update your login experience plus we've made several other improvements! Update the app and enjoy!

### 1.0.37 — 2026-02-17

“Control isn’t about predicting markets it’s about preparing for them.”

This update brings exactly that.

Set precise triggers for your Basket and execute entire strategies in one go.
Explore your trades deeper with the new Position Analyzer, designed to give you more insights & confidence.
With Price Max now added to the Order window, your trade entry becomes faster.

### 1.0.36 — 2026-02-04

“Control isn’t about predicting markets it’s about preparing for them.”

This update brings exactly that.

Set precise triggers for your Basket and execute entire strategies in one go.
Explore your trades deeper with the new Position Analyzer, designed to give you more insights & confidence.
With Price Max now added to the Order window, your trade entry becomes faster.

### 1.0.35 — 2025-11-04

In this update, we’re bringing small but impactful improvements to make trading multi-leg strategies, analysis, and execution smoother than ever while we work on some interesting additions for upcoming weeks.
Seamless strike selection, enhanced payoff visualization, and subtle workflow tweaks - all designed to make planning, analyzing, and options trading more seamless.
Over time, we realized that while options give unmatched flexibility, the process of finding the right strikes, building multi-leg strategies, and analyzing risk could often be complex and time-consuming. That’s why we reimagined the entire experience with an advanced option trading app to help traders focus more on strategy and seamless execution.
Introducing the all-new Options Trader - build, analyse, and execute option strategies seamlessly.

Tools you can use right away
>> Quant Mode + Fast Create: Get strikes for options trading instantly using 9 smart conditions – ATM Points, Premium, Delta, and more. Instantly get ready-made Option Trading Strategies like Straddle, Iron Condor & others for NIFTY, BANKNIFTY, FINNIFTY, or SENSEX.
>> Custom Strategy Builder: Create and execute multi-leg strategies across expiries in one go. Analyze max profit/loss, breakevens, POP, Greeks, and payoff with the Custom Option Strategy Builder. 
>> Advanced Option Chain: Get a complete real-time view of all option contracts for NIFTY, BANKNIFTY, FINNIFTY, SENSEX, and individual NSE Stock Options. Track live changes in OI, IV, volume, and PCR across the Live Option Chain, NSE Option Chain, and BSE Option Chain. Spot trends, identify support/resistance, and place trades or view charts instantly.
>> Popular Strategies: Choose from pre-built strategies based on your market view. See profit potential, breakevens, and margin before execution.
>> Real-time Payoff Graph: Visualize potential P&L and risk-reward instantly to plan and execute trades confidently.
Who it’s for
This new platform is built for every trader who wants precision in planning, speed in execution, and clarity in analysis - from strategy creators to scalpers and hedgers alike. 
Whether you’re fine-tuning Greeks or back-testing outcomes on NIFTY, BANKNIFTY, FINNIFTY, or SENSEX, Options Trader is your complete workspace to trade options with confidence.
Why Options Trader?
Trading options offers immense potential, but it can quickly become complex. Picking the right contracts, managing multi-leg strategies, and keeping track of market dynamics often requires intense focus and time. 
Many traders find themselves juggling multiple tools and data points just to make confident decisions. 
We built a solution to cut through this complexity, making it easier to plan, analyze, and execute trades - all in one streamlined experience on Options Trader.
Update the app now to explore more!

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All apps by Raise Financial Services: https://appshunter.io/developer/1574153860

## Related topics

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-26.*