# OptionStrat: Options Toolkit — Calculator \| Optimizer \| Flow

> Options trading analysis, visualization, and institutional flow tracker. (iPhone/iPad app by OptionStrat LLC.)

- Source: https://appshunter.io/ios/app/optionstrat-options-toolkit/id1541714905 (this page in markdown: same URL + `.md`)
- Developer: [OptionStrat LLC](https://appshunter.io/developer/1541714907)
- Category: Finance
- Price: Free with in-app purchases
- Rating: 4.80/5 from 1,929 App Store ratings · 88 written reviews indexed
- Age rating: 4+
- Requires: iOS 14.0 · 25 MB
- Languages: American English
- Released: 2020-12-03
- Data updated: 2026-08-26
- Monetization: free with in-app purchases
- User reviews in markdown: https://appshunter.io/ios/app/optionstrat-options-toolkit/id1541714905/reviews.md

## What is OptionStrat?

OPTIONS PROFIT 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.

TERMS OF USE: https://optionstrat.com/terms

## Key features

- Options profit calculator
- Strategy visualizer
- Strategy optimizer
- Unusual options flow tracker
- Complex strategy detection
- In-app tutorials

## Pricing and in-app purchases

Base price: Free.

**Subscriptions**

| Subscription | Price | Period |
| --- | --- | --- |
| Live Option Tools | $19.99 | per month |
| Live Option Tools | $199.99 | per year |
| Live Options Flow | $59.99 | per month |
| Live Options Flow | $599.99 | per year |
| Live Options Flow | $999.99 | per year |
| Live Option Tools | $39.99 | per month |
| Live Options Tools | $419.99 | per year |
| Live Options Flow | $99.99 | per month |
| Tools Monthly | $29.99 | per month |
| Live Option Tools | $299.99 | per year |
| Live Options Flow | $89.99 | per month |
| Live Options Flow | $899.99 | per year |


## Chart rankings

- #103 in Top Grossing · Finance (US App Store)

## What do users think of OptionStrat?

Overall sentiment: positive

**Pros**

- 🚀 Visual Masterpiece
- 🚀 Easily Navigable
- 🚀 Comprehensive Options Lifecycle
- 👍 Intuitive and User-Friendly
- 👍 Great for Beginners and Experts
- 👍 Excellent Options Modeling and Visualization
- 👍 Helpful for Understanding Options Strategies
- 👍 Seamless Options Optimization

**Cons**

- 💰 Subscription-Based Pricing
- 🐛 Buggy and Unresponsive
- 🐛 Login and Account Issues
- 🐛 Restricted Functionality on Certain Devices
- 🐛 Calculation Errors
- 🔌 Frequent Logins Required

**Commonly reported bugs**

- Freezing and Crashing Issues
- Incorrect Data Calculations
- Disappearing UI Elements
- Incompatibility with Certain Device Configurations

**Most requested features**

- Allow Modifying Saved Trades
- Provide Real-Time Options Quotes
- Implement International Stock Support
- Increase Maximum Number of Open Windows
- Add Time Stamps to Active Ticker List
- Implement Spanish Translation

## Recent user reviews (10 of 88)

All indexed reviews: https://appshunter.io/ios/app/optionstrat-options-toolkit/id1541714905/reviews.md

### 3/5 — under Saved Trades, why can’t we see the date created easily?

*2026-08-17, version 1.2.57*

like on pc. please make those an option.

### 2/5 — Full access is NOT full access

*2026-07-18, version 1.2.57*

Potential if the app actually let you see the trades. I have full access by the way and it will not you view everything. Just a small number of trades. Not worth it.

### 4/5 — awesome but can we have the ability to see which notifications are on?

*2026-06-10, version 1.2.57*

instead of clicking each one and seeing whether the “enabled alerts” button is turned on under “your filters” can we have the ability to see whether the notification is on just by looking at it instead of having to click into each one to see whether the alerts are on?

### 5/5 — A  Visual Masterpiece

*2025-12-22, version 1.2.57*

Easily the best options strategy development tool out there. At this point I rely so heavily on this app that I may need to quit trading if it ever went away. Unbelievably easy to navigate and allows retail traders the ability to understand the lifecycle of the trade from start to finish. Well done!

### 3/5 — Please take my money! Wait! It is subscription :(

*2025-12-10, version 1.2.57*

I honestly would like to give you money for your work. However, I WILL NEVER, EVER PAY SOFTWARE SUBSCRIPTION.
It is a disgusting practice. Charge one time and that’s it. I will buy. Or not, and get nothing

### 3/5 — Doesn’t work on IPhone 16 Pro

*2025-10-20*

You can not specify an individual contract number for the individual lays... if you go 3 long you can automatically select only 3 short. Very annoying…

### 4/5 — Almost Excellent

*2025-09-01, version 1.2.57*

I wish it didn’t require so frequent log ins. It also doesn’t draw the username and password from the passwords app, which makes logging in a pain.

### 1/5 — not working in stage manager when resizing window!

*2025-07-01*

It used to work but now on my iPad the app is a mess when you try to login. the login button goes missing off screen.

### 1/5 — Premium doesn’t work

*2025-05-29, version 1.2.57*

Paid for premium and it didn’t work, field out for can’t proceed to next step! Cancelled

### 5/5 — I love strat

*2025-04-23, version 1.2.57*

The top best milligan

## Frequently asked questions about OptionStrat

### What does OptionStrat do?

OptionStrat provides tools for options traders to visualize and analyze their trades. It includes a profit calculator to understand potential profit and loss, a strategy builder to create various options strategies, and an unusual options flow tracker to identify institutional trades.

### What are the key features of OptionStrat?

Key features include a real-time options profit calculator with strategy visualization, a strategy optimizer that finds the best trades based on targets, and an unusual options flow scanner that detects large and aggressive institutional trades, including complex strategies.

### Is OptionStrat free to use?

The app is free to download and offers a free tier with in-app purchases for advanced features. This allows users to explore the core functionalities before committing to any paid options.

### What kind of options strategies can I create?

You can create nearly any options strategy, including single-leg trades, covered calls, and multi-leg strategies with multiple expirations like double diagonals. Over 50 strategy templates are available for quick setup.

### Who is the target audience for OptionStrat?

This app is designed for options traders of all levels, from beginners looking to understand trade impacts to experienced traders seeking to optimize their strategies and gain insights from market flow.

## Version history (last 5 releases)

### 1.2.57 — 2025-04-08

- Bug fixes

### 1.2.55 — 2024-09-24

- Bug fixes and performance improvements

### 1.2.54 — 2024-05-14

- Improvements to VIX

### 1.2.53 — 2024-05-13

- Bug fixes

### 1.2.52 — 2024-05-02

- Bug fixes

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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.*