Comparison

Options Pricing Monte Carlo vs Options Alerter

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Options Pricing Monte Carlo

This app offers four financial calculators: a Monte Carlo simulator for power and European options, a Heston model simulator for stochastic volatility, a Black-Scholes calculator for pricing and implied volatility, and a simulation tab for visualizing Brownian motion.

Highlights
  • Monte Carlo simulation for power options
  • Heston model for stochastic volatility
  • Black-Scholes calculator
  • Implied volatility calculation
  • Brownian motion visualization
Features
Read full description

The Options Pricing Monte Carlo app prices power options: max(S^i -K,0) or max(K-S^i,0). It also shows the % of paths with positive payoffs. The normal inverse is calculated with Beasley-Springer-Moro method. The Heston tab is used to price options under stochastic volatility using Monte Carlo. It also prices European options using Black-Scholes and can also calculate Implied Vol. Normal is calculated by direct integration using Simpson method with a low tolerance. So 4 calculators in one: - Monte Carlo simulator for regular European and Power options. - Monte Carlo simulator for European options with stochastic vol (Heston model). - Black Scholes calculator for price and greeks and implied vol. - Simulation tab lets you visualize Brownian Motion with drift. (2D or vs time).

About

Options Alerter

This app simplifies options trading by using sophisticated algorithms to monitor the options chain. It provides buy signals for optimal entry, projected gains, and alerts for taking profits or adding to positions.

Highlights
  • Algorithmic options chain monitoring
  • Buy signals for optimal entry
  • Projected gain calculations
  • Profit-taking alerts
  • Position management alerts
Features
Read full description

The rewards of options trading, simplified! Trading Options is risky. But it does not have to be. With Options Alerter, our sophisticated algorithms monitor the options chain, and make options trading so much easier. The app sends out buy signals for the optimal premium contract entry and then gives a projected gain. Then continues to monitor the premium price to inform you when to take profits or when buy more. That simple! SUBSCRIPTION PRICING & TERMS Options Alerter is a subscription service app with limited free features. Premium features are paid within the app. 1-Month: $49.99/month 1-Year: $399.99/Year Payment will be charged to your credit card through your iTunes account at confirmation of purchase. Subscription renews automatically unless cancelled at least 24 hours prior to the end of the subscription period. There is no increase in price when renewing. Any unused portion of a free trial period, if offered, will be forfeited when the user purchases a subscription to that publication, where applicable. Subscriptions can be managed and auto-renewal turned off in Account Settings in iTunes after purchase. Once purchased, refunds will not be provided for any unused portion of the term. Privacy Policy http://www.optionsalerter.com/legal/privacypolicy.html Terms of Service: http://www.optionsalerter.com/legal/tos.html Disclaimer: http://www.optionsalerter.com/legal/disclaimer.html DISCLAIMER: Trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in stocks. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this app or on any reports. The past performance of any trading system, methodology, strategy, or results is not necessarily indicative of future results. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs. To the maximum extent permitted by law, Options Alerter, Taplistic, LLC, its officers, directors, investors, and contractors, disclaims any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses. OPTIONS ALERTER, TAPLISTIC, LLC, AND ITS OFFICERS, DIRECTORS, ETC.. ARE NOT INTENDED TO BE TRADING OR INVESTING ADVICE. ALWAYS DO YOUR OWN DUE DILIGENCE USING MULTIPLE SOURCES OF INFORMATION AND/OR SEEK THE ADVICE OF A LICENSED PROFESSIONAL BEFORE TRADING OR INVESTING. Note: With options trading, the rewards are great; However the riskers are even higher. Therefore it is recommended to be extra cautious and careful when trading options, as its possible to lose entire investment principal. Options Alerter(TM) is a registered trademark of Taplistic, LLC. All content within the app is (C)Copyright 2021 Taplistic, LLC All Rights Reserved Using the content or app name will result in legal action to the fullest extent of the law.

Screenshots

Options Pricing Monte Carlo4 screens
Options Alerter4 screens

Verdict

The call

The clearest difference is rating: Options Pricing Monte Carlo at 5.0 against Options Alerter's 3.4. Options Pricing Monte Carlo also leads on monetization model (free vs subscription) and ads (none vs shown). Options Alerter's advantage is ratings volume (330 vs 3). On price, update cadence, in-app purchases and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Options Pricing Monte Carlo sells 3 one-off in-app purchases and Options Alerter sells 5 in-app purchases, starting at $49.99 per month. Whichever you choose, the download price is not the number that matters.

ReceptionRating · Positive reviews · Number of ratings

Options Pricing Monte Carlo holds the better App Store score, 5.0 against 3.4. That said, the two scores are not equally well evidenced: Options Alerter has 330 ratings behind it against 3, so its average is the more settled of the two.

UpkeepUpdate frequency

Options Pricing Monte Carlo ships an update monthly, Options Alerter every 6 weeks. The most recent releases landed on November 2, 2026 and November 11, 2026 respectively.

Scorecard5 real differences · 5 level
Options Pricing Monte Carlo versus Options Alerter: the parameters behind the verdict, then further details
ParameterOptions Pricing Monte CarloOptions Alerter
PriceFreeFree
Rating5.0 (3 ratings) — better3.4 (330 ratings)
Positive reviews—3.1% of reviews
Number of ratings3330 — better
Update frequencyMonthly — betterEvery 6 weeks
AdsNo — betterYes
In-app purchasesYesYes
MonetizationFree — betterSubscription
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS13.0 — better15.6
Further details — not scored
Size4 MB62 MB
Age rating4+4+
DeveloperTenacious App Production, LLCTaplistic, LLC

Customer experience

Options Pricing Monte Carlo

All ratings3 ratings
Positive100.0%
Neutral0.0%
Negative0.0%

Options Alerter

All ratings331 ratings
Positive57.7%
Neutral8.8%
Negative33.5%
Written reviews32 reviews
Positive3.1%
Neutral3.1%
Negative93.8%

Bugs and requests

Options Pricing Monte Carlo

Not enough reviews yet to summarise bugs or requests.

Options Alerter

Reported bugs

7 issues
  • App crashes
  • Login screen freezes
  • Incompatible with older devices
  • Signals are old and outdated
  • Notifications are missing or delayed
Show 2 more
  • Open signals are not closed
  • Information removed from the app after expiration

Requested features

6 requests
  • Ability to ask for a refund
  • Clearer explanation of line graph on main page
  • More frequent updates/signals
  • Real-time updates for signals
  • Notifications for signals that reached target gain
Show 1 more
  • Support for using signals on specific trading platforms (e.g., Webull)

In-app purchases

3 purchases

Options Pricing Monte Carlo

One-time3
  • Diamond Bag$1.99
  • Large Diamond Bag$2.99
  • Mega Diamond Bag$3.99
5 purchases

Options Alerter

Subscriptions5
  • 1-Month Subscription2 variants$49.991 Month
  • 1-Month Subscription1 Month trial$49.991 Month
  • Trial$49.991 Month
Show 2 more
  • 1-Year Subscription$399.991 Year
  • 1 Year Pro7 Days trial$399.991 Year

Questions

Is Options Pricing Monte Carlo free?
Options Pricing Monte Carlo is free to download, with in-app purchases available.
Is Options Alerter free?
Options Alerter is free to download, with in-app purchases available.
Which has better reviews, Options Pricing Monte Carlo or Options Alerter?
Options Pricing Monte Carlo is rated higher. Options Pricing Monte Carlo averages 5.0 out of 5 from 3 ratings, while Options Alerter averages 3.4 from 330 ratings.
Do Options Pricing Monte Carlo or Options Alerter have ads?
Options Alerter shows ads; Options Pricing Monte Carlo does not.
Which is updated more often, Options Pricing Monte Carlo or Options Alerter?
Options Pricing Monte Carlo ships an update monthly, and Options Alerter every 6 weeks. Most recently, Options Pricing Monte Carlo was updated on November 2, 2026 and Options Alerter on November 11, 2026.

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