Comparison

OptionStrat vs Insiderwave

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

Head to head
About

OptionStrat

Visualize and analyze options trades with a profit calculator and strategy builder. Discover institutional trades with real-time unusual options flow. Optimize strategies for maximum returns or profit chance.

Highlights
  • Options profit calculator
  • Strategy visualizer
  • Strategy optimizer
  • Unusual options flow tracker
  • Complex strategy detection
  • In-app tutorials
Features
Currently charting
Read full description

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

About

Insiderwave

Access real-time stock trades from successful Wall Street investors. See their purchases, track performance, and replicate their strategies with integrated brokerage. Gain an edge with verified data.

Highlights
  • Real-time investor trade alerts
  • Track portfolio performance
  • Copy trades with brokerage integration
  • Follow high-conviction moves
  • See trade performance over time
Features
Read full description

Track and copy trades from the most successful investors on Wall Street. InsiderWave gives you real-time access to every stock trade disclosed by influential investors so you can follow the people who move the market. See what they buy, when they buy it, and how each trade performs over time. Copy their strategy in just a few taps. Built for traders who want real edge with real data and are tired of waiting for social media to catch up. What You Can Do: - Get real-time alerts when top investors disclose new trades - Track portfolio performance and individual positions over time - Copy trades with seamless brokerage integration - Follow high-conviction moves from people with real skin in the game Don’t just follow the market. Follow the people moving it. https://insiderwave.app/pages/terms-and-conditions

Screenshots

OptionStrat4 screens
Insiderwave4 screens

Verdict

The call

The clearest difference is review sentiment: OptionStrat at 80% against Insiderwave's 50%. OptionStrat also leads on rating (4.8 vs 4.5) and ratings volume (1.9K vs 175). On price, update cadence, ads and in-app purchases 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. OptionStrat sells 12 in-app purchases, starting at $19.99 per month and Insiderwave sells 10 in-app purchases, starting at $9.99 per 7 days. Whichever you choose, the download price is not the number that matters.

ReceptionRating · Positive reviews · Number of ratings

OptionStrat holds the better App Store score, 4.8 against 4.5. That said, the two scores are not equally well evidenced: OptionStrat has 1.9K ratings behind it against 175, so its average is the more settled of the two. Written reviews point the same way: 80% of OptionStrat's written reviews are positive against 50% of Insiderwave's.

UpkeepUpdate frequency

OptionStrat ships an update every 10 days, Insiderwave every 8 days. The most recent releases landed on October 17, 2026 and October 18, 2026 respectively.

Scorecard5 real differences · 6 level
OptionStrat versus Insiderwave: the parameters behind the verdict, then further details
ParameterOptionStratInsiderwave
PriceFreeFree
Rating4.8 (1.9K ratings) — better4.5 (175 ratings)
Positive reviews79.8% of reviews — better50.0% of reviews
Number of ratings1.9K — better175
Update frequencyEvery 10 daysEvery 8 days — better
AdsNoNo
In-app purchasesYesYes
MonetizationFree with in-app purchasesFree with in-app purchases
Best chart rank#97 — better—
DevicesiPhone, iPad, iPod — betteriPhone, iPad
Requires iOS14.0 — better17.0
Further details — not scored
Size25 MB94 MB
Age rating4+4+
DeveloperOptionStrat LLCInsiderwave Inc.

Customer experience

OptionStrat

All ratings1,926 ratings
Positive96.3%
Neutral1.6%
Negative2.1%
Written reviews89 reviews
Positive79.8%
Neutral11.2%
Negative9.0%

Insiderwave

All ratings175 ratings
Positive88.0%
Neutral0.0%
Negative12.0%
Written reviews32 reviews
Positive50.0%
Neutral0.0%
Negative50.0%

User reviews

OptionStrat

From 1.9K App Store ratings

What we love

  • 🚀 Visual Masterpiece
  • 🚀 Easily Navigable
  • 🚀 Comprehensive Options Lifecycle
  • 👍 Intuitive and User-Friendly
  • 👍 Great for Beginners and Experts

Room to improve

  • 💰 Subscription-Based Pricing
  • 🐛 Buggy and Unresponsive
  • 🐛 Login and Account Issues
  • 🐛 Restricted Functionality on Certain Devices
  • 🐛 Calculation Errors

Insiderwave

From 175 App Store ratings

What we love

  • 🚀 Solid app performance
  • 👍 Easy to connect accounts
  • 💡 Automated portfolio trading
  • 🚀 Responsive and fast

Room to improve

  • 🐛 Account creation issues
  • 🐛 Inability to create accounts

Bugs and requests

OptionStrat

Reported bugs

4 issues
  • Freezing and Crashing Issues
  • Incorrect Data Calculations
  • Disappearing UI Elements
  • Incompatibility with Certain Device Configurations

Requested features

6 requests
  • 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
Show 1 more
  • Implement Spanish Translation

Insiderwave

Reported bugs

2 issues
  • Account creation not working
  • Compatibility issues with some devices

Requested features

2 requests
  • Integrate more brokerages
  • Provide up-to-date financial information

In-app purchases

12 purchases

OptionStrat

Subscriptions12
  • Live Option Tools7 Days trial$19.991 Month
  • Tools Monthly7 Days trial$29.991 Month
  • Live Option Tools7 Days trial$39.991 Month
Show 9 more
  • Live Options Flow7 Days trial$59.991 Month
  • Live Options Flow7 Days trial$89.991 Month
  • Live Options Flow7 Days trial$99.991 Month
  • Live Option Tools7 Days trial$199.991 Year
  • Live Option Tools$299.991 Year
  • Live Options Tools7 Days trial$419.991 Year
  • Live Options Flow7 Days trial$599.991 Year
  • Live Options Flow7 Days trial$899.991 Year
  • Live Options Flow7 Days trial$999.991 Year
10 purchases

Insiderwave

Subscriptions10
  • Weekly$9.997 Days
  • Insiderwave weekly C$17.997 Days
  • 3 months2 variants$29.993 Months
Show 7 more
  • Public promo1 Year trial$79.991 Year
  • 1 Year3 Days trial$79.991 Year
  • 1 Year7 Days trial$79.991 Year
  • Public promo1 Year trial$99.991 Year
  • 1 Year$149.991 Year
  • rc_sub_c_annual$149.991 Year
  • Public promo1 Year trial$149.991 Year

Questions

Is OptionStrat free?
OptionStrat is free to download, with in-app purchases available.
Is Insiderwave free?
Insiderwave is free to download, with in-app purchases available.
Which has better reviews, OptionStrat or Insiderwave?
OptionStrat is rated higher. OptionStrat averages 4.8 out of 5 from 1.9K ratings, while Insiderwave averages 4.5 from 175 ratings.
Do OptionStrat or Insiderwave have ads?
Neither OptionStrat nor Insiderwave shows ads.
Which is updated more often, OptionStrat or Insiderwave?
OptionStrat ships an update every 10 days, and Insiderwave every 8 days. Most recently, OptionStrat was updated on October 17, 2026 and Insiderwave on October 18, 2026.

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