Comparison

OptionPosition+ 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

OptionPosition+

Analyze stock and option positions with this financial tool. Explore hedging strategies, create diversified portfolios, and visualize potential gains, losses, and Greeks. Understand price and volatility impacts on your investments.

Highlights
  • Stock and option price analysis
  • Portfolio creation and management
  • Graphical illustration of option strategies
  • Black-Scholes equation for implied volatility
  • Gain/Loss, Delta, Vega, Theta, Gamma visualization
  • Probability of future stock prices and gains/losses
  • Volatility Smile display
Features
Read full description

OptionPosition+ Version 4.1 OptionPosition+ is a financial analysis App that estimates the value of a set of shares and put and call options for a particular stock. It allows the investor to explore various option hedging positions and create a portfolio that is sensitive to price and volatility fluctuations or that provides protection for various concerns. OptionPosition+ graphically illustrates the value of put protection, covered calls, call spreads, time spreads, delta neutral skew trades, iron condors, etc.. Further information is available at https://www.optionposition.com OptionPosition+ comes with an initial one month subscription period that provides access to data on most stocks listed on the NYSE and NASDAQ and certain indexes (i.e. NDX, NQX, XND). After this one month subscription period you may purchase an auto-renewing subscription through an In-App Purchase. (If you do not maintain a subscription you can only access stock and option data for AAPL.) • Auto-renewable subscription • 1 month ($2.99), 2 month ($4.99) and 3 month ($5.99) durations • Your subscription will be charged to your iTunes account at confirmation of purchase and will automatically renew (at the duration selected) unless auto-renew is turned off at least 24 hours before the end of the current period. • Current subscription may not be cancelled during the active subscription period; however, you can manage your subscription and/or turn off auto-renewal by visiting your iTunes Account Settings after purchase. • Privacy policy and terms of use: https://sites.google.com/site/kramerkramersoftware/ OptionPosition+ Features: • delayed stock and option prices for all available strike dates and strike prices (delay varies from 0 to 20 minutes) • remembers 30 different portfolios each with 6 assets: ..........puts, calls, shares or child portfolios ......................child portfolios can have different underlying stock ......................child portfolios have correlated price ..........long, short any quantity ..........all listed strike dates ..........all listed strike prices ..........e-mail to anyone • Black-Scholes equation used to determine implied volatility and future value of put and call options • graphically displays Gain/Loss, Delta, Vega, Theta or Gamma as a function of stock price: ..........now (see black lines below) ..........at any future date up to the earliest strike date (see red lines below) ..........at assumed higher or lower volatilities (see green lines below) ..........with a changing price correlation to child portfolios included as an item/hedge • graphically displays the probability of future stock prices and the probability of future option portfolio Gains/Losses based on current put/call straddle prices • graphically displays the Volatility Smile for any expiration date • scales on the graph are continuously adjustable with one and two finger moves – easily zoom in or out • tap on the graph to show the X,Y value at a point and the value of the curves at that X value • diagnostics table shows all Greeks and lets you easily create a Delta neutral portfolio • 3 month US dollar LIBOR used for risk free interest rate • incorporates predicted dividend payments into the Black-Scholes calculations without making a ‘fixed dividend rate’ error in Delta Screen shots: For an explanation of these option positions, and more, see our website www.OptionPosition.com. Screen shots shown below (for both iPhone and iPad): 1) Gain/Loss for a Put Protection in AAPL 2) Gain/Loss graph for an Iron Condor in AAPL 3) Assets (iPad includes Diagnostics) for the Iron Condor in AAPL 4) Delta graph for the Iron Condor in AAPL 5) Probability of the value of the Gain/Loss for the Iron Condor in AAPL 6) Volatility Smile using data source A

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

OptionPosition+4 screens
Options Alerter4 screens

Verdict

The call

The clearest difference is review sentiment: OptionPosition+ at 83% against Options Alerter's 3%. OptionPosition+ also leads on ads (none vs shown) and rating (3.8 vs 3.4). Options Alerter's advantage is ratings volume (331 vs 21). On price, update cadence, in-app purchases and monetization model 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. OptionPosition+ sells 3 in-app purchases, starting at $2.99 per month 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

OptionPosition+ holds the better App Store score, 3.8 against 3.4. That said, the two scores are not equally well evidenced: Options Alerter has 331 ratings behind it against 21, so its average is the more settled of the two. Written reviews point the same way: 83% of OptionPosition+'s written reviews are positive against 3% of Options Alerter's.

UpkeepUpdate frequency

OptionPosition+ ships an update every 5 weeks, Options Alerter every 6 weeks. The most recent releases landed on October 7, 2026 and October 11, 2026 respectively.

Scorecard5 real differences · 5 level
OptionPosition+ versus Options Alerter: the parameters behind the verdict, then further details
ParameterOptionPosition+Options Alerter
PriceFreeFree
Rating3.8 (21 ratings) — better3.4 (331 ratings)
Positive reviews83.0% of reviews — better3.1% of reviews
Number of ratings21331 — better
Update frequencyEvery 5 weeks — betterEvery 6 weeks
AdsNo — betterYes
In-app purchasesYesYes
MonetizationSubscriptionSubscription
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS12.0 — better15.6
Further details — not scored
Size4 MB62 MB
Age rating4+4+
DeveloperPeter KramerTaplistic, LLC

Customer experience

OptionPosition+

All ratings21 ratings
Positive66.7%
Neutral14.3%
Negative19.0%
Written reviews47 reviews
Positive83.0%
Neutral8.5%
Negative8.5%

Options Alerter

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

Bugs and requests

OptionPosition+

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

OptionPosition+

Subscriptions3
  • full access to stock and option data$2.991 Month
  • full access to stock and option data$4.992 Months
  • full access to stock and option data$5.993 Months
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 OptionPosition+ free?
OptionPosition+ 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, OptionPosition+ or Options Alerter?
OptionPosition+ is rated higher. OptionPosition+ averages 3.8 out of 5 from 21 ratings, while Options Alerter averages 3.4 from 331 ratings.
Do OptionPosition+ or Options Alerter have ads?
Options Alerter shows ads; OptionPosition+ does not.
Which is updated more often, OptionPosition+ or Options Alerter?
OptionPosition+ ships an update every 5 weeks, and Options Alerter every 6 weeks. Most recently, OptionPosition+ was updated on October 7, 2026 and Options Alerter on October 11, 2026.

Other comparisons