# Portfolio Armor vs OptionStrat

The clearest difference is price: OptionStrat at Free against Portfolio Armor's $89.99. OptionStrat also leads on update cadence (every 10 days vs every 4 months) and rating (4.8 vs 4.4). Portfolio Armor's advantage is review sentiment (90% vs 80%) and iOS requirement (11.0 vs 14.0). On ads, in-app purchases, monetization model and device support there is nothing between them.

OptionStrat is free to download; Portfolio Armor costs $89.99 up front. Portfolio Armor sells 3 in-app purchases, starting at $2.99 per month and OptionStrat sells 12 in-app purchases, starting at $19.99 per month. Whichever you choose, the download price is not the number that matters.

OptionStrat holds the better App Store score, 4.8 against 4.4. That said, the two scores are not equally well evidenced: OptionStrat has 1.9K ratings behind it against 7, so its average is the more settled of the two. Written reviews complicate that: 90% of Portfolio Armor's written reviews are positive against 80% of OptionStrat's, so the app with the better star average is not the one people write more warmly about.

Portfolio Armor ships an update every 4 months, OptionStrat every 10 days. The most recent releases landed on October 29, 2026 and October 27, 2026 respectively.

## The numbers

| Metric | Portfolio Armor | OptionStrat |
| --- | --- | --- |
| Price | $89.99 | **Free** |
| Rating | [4.4 (7 ratings)](https://appshunter.io/ios/app/portfolio-armor/id394951144/reviews) | **[4.8 (1.9K ratings)](https://appshunter.io/ios/app/optionstrat-options-toolkit/id1541714905/reviews)** |
| Number of ratings | 7 | **1.9K** |
| Positive reviews | **90.0% of reviews** | 79.8% of reviews |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | Every 4 months | **Every 10 days** |
| Monetization | Freemium | Free with in-app purchases |
| Best chart rank | #188 | **#57** |
| Size | 22 MB | 25 MB |
| Requires iOS | **11.0** | 14.0 |
| Devices | iPhone, iPod | **iPhone, iPad, iPod** |
| Age rating | 4+ | 4+ |
| Developer | [Launching Innovation, LLC](https://appshunter.io/developer/394951147) | [OptionStrat LLC](https://appshunter.io/developer/1541714907) |

## What reviewers say

### Portfolio Armor

[App page](https://appshunter.io/ios/app/portfolio-armor/id394951144)

**Currently charting:** #188 Top Paid · Finance (US App Store)

This app helps stock and ETF investors protect their portfolios by identifying the most cost-effective put options for hedging. It uses a proprietary algorithm to scan for optimal protection levels and can also find collars to further reduce hedging costs.

**Highlights:** Optimal put option scanning, Precise downside risk protection, Lowest cost hedging identification, Optimal collar feature, Top stock/ETF picks list, Proprietary algorithm

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (3)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Option Expirations | $2.99 | per month |
| Optimal Collars | $9.99 | per month |
| Top Names Monthly | $29.99 | per month |


### OptionStrat

[App page](https://appshunter.io/ios/app/optionstrat-options-toolkit/id1541714905)

**Currently charting:** #57 Top Grossing · Finance (US App Store)

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:** Vision Pro support

**In-app purchases (12)**

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

**What reviewers like**

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

**What reviewers complain about**

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

**Reported bugs**

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

**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


## Frequently asked questions

### Is Portfolio Armor free?

Portfolio Armor costs $89.99, and also offers in-app purchases.

### Is OptionStrat free?

OptionStrat is free to download, with in-app purchases available.

### Which has better reviews, Portfolio Armor or OptionStrat?

OptionStrat is rated higher. Portfolio Armor averages 4.4 out of 5 from 7 ratings, while OptionStrat averages 4.8 from 1.9K ratings.

### Do Portfolio Armor or OptionStrat have ads?

Neither Portfolio Armor nor OptionStrat shows ads.

### Which is updated more often, Portfolio Armor or OptionStrat?

Portfolio Armor ships an update every 4 months, and OptionStrat every 10 days. Most recently, Portfolio Armor was updated on October 29, 2026 and OptionStrat on October 27, 2026.

### Which is more popular, Portfolio Armor or OptionStrat?

Portfolio Armor currently peaks at #188 in the App Store charts, and OptionStrat at #57. Chart position reflects recent download velocity rather than total install base.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*