Comparison

Options Alerter vs OptionWave

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

Head to head
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.

About

OptionWave

Monitor unusual option trades in real-time with live data and customizable filters. Receive smart notifications for trades matching your criteria to optimize your trading strategy and stay ahead of market trends.

Highlights
  • Real-time live feed of unusual option trades
  • Customizable filters for trade data
  • Personalized smart notification alerts
  • User-friendly interface for all experience levels
  • Detailed analysis and reporting for market insights
Features
Read full description

Discover OptionWave - your ultimate tool for monitoring unusual option trades in real time. Designed for traders who want to stay ahead of market trends, OptionWave offers comprehensive features to optimize your trading strategy: **Real-Time Live Feed:** Instantly access live data on unusual option trades. Our app continuously scans the market to provide you with the most up-to-date information, helping you make timely decisions. **Customizable Filters:** Tailor your experience by creating custom filters for the live feed. Exclude trades that don't meet your criteria to focus on what matters most to your strategy. **Smart Notifications:** Configure personalized notification alerts to be notified whenever a trade matches your specific requirements. Receive push notifications directly to your device, ensuring you never miss an opportunity. **User-Friendly Interface:** Navigate effortlessly with an intuitive design that caters to both novice and experienced traders, providing a seamless user experience. **Stay Informed:** Gain insights into market trends with our detailed analysis and reporting features to make informed trading decisions. OptionWave is your go-to solution for smarter, more informed trading. Download today and experience the power of precision trading at your fingertips! Terms of use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

Screenshots

Options Alerter4 screens
OptionWave3 screens

Verdict

The call

The clearest difference is rating: OptionWave at 5.0 against Options Alerter's 3.4. OptionWave also leads on monetization model (free with in-app purchases vs subscription) and ads (none vs shown). Options Alerter's advantage is ratings volume (331 vs 1). On price, 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 Alerter sells 5 in-app purchases, starting at $49.99 per month and OptionWave sells 2 in-app purchases, starting at $29.99 per month. Whichever you choose, the download price is not the number that matters.

ReceptionRating · Positive reviews · Number of ratings

OptionWave holds the better App Store score, 5.0 against 3.4. That said, the two scores are not equally well evidenced: Options Alerter has 331 ratings behind it against 1, so its average is the more settled of the two.

UpkeepUpdate frequency

Options Alerter ships an update every 6 weeks, OptionWave every 3 weeks. The most recent releases landed on October 11, 2026 and October 2, 2026 respectively.

Scorecard6 real differences · 4 level
Options Alerter versus OptionWave: the parameters behind the verdict, then further details
ParameterOptions AlerterOptionWave
PriceFreeFree
Rating3.4 (331 ratings)5.0 (1 ratings) — better
Positive reviews3.1% of reviews—
Number of ratings331 — better1
Update frequencyEvery 6 weeksEvery 3 weeks — better
AdsYesNo — better
In-app purchasesYesYes
MonetizationSubscriptionFree with in-app purchases — better
DevicesiPhone, iPodiPhone, iPad, iPod — better
Requires iOS15.613.0 — better
Further details — not scored
Size62 MB146 MB
Age rating4+4+
DeveloperTaplistic, LLCJiakuan Li

Customer experience

Options Alerter

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

OptionWave

All ratings1 ratings
Positive100.0%
Neutral0.0%
Negative0.0%

Bugs and 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)

OptionWave

Not enough reviews yet to summarise bugs or requests.

In-app purchases

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
2 purchases

OptionWave

Subscriptions2
  • OptionWave Premium Membership7 Days trial$29.991 Month
  • OptionWave Premium Membership7 Days trial$299.991 Year

Questions

Is Options Alerter free?
Options Alerter is free to download, with in-app purchases available.
Is OptionWave free?
OptionWave is free to download, with in-app purchases available.
Which has better reviews, Options Alerter or OptionWave?
OptionWave is rated higher. Options Alerter averages 3.4 out of 5 from 331 ratings, while OptionWave averages 5.0 from 1 ratings.
Do Options Alerter or OptionWave have ads?
Options Alerter shows ads; OptionWave does not.
Which is updated more often, Options Alerter or OptionWave?
Options Alerter ships an update every 6 weeks, and OptionWave every 3 weeks. Most recently, Options Alerter was updated on October 11, 2026 and OptionWave on October 2, 2026.

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