Comparison

OptionPosition+ vs Options Trading Course

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 Trading Course

Learn the fundamentals of options trading and derivatives with this comprehensive course. It breaks down complex concepts into understandable lessons, offering tools to track progress and optimize learning for stock market investing.

Highlights
  • Learn about derivatives and options trading
  • Understand how options work and how to trade them
  • Explore benefits and drawbacks of option trading
  • In-app notebook for tracking progress and ideas
  • Scheduling system for learning journey
  • Live news feed for updates and tips
  • Compound interest profit calculator
Features
Read full description

Investors can wager on the future direction of the stock market as a whole or specific instruments like stocks or bonds by trading options. Option contracts provide you the option, but not the duty, to purchase or sell a basic resource at a predetermined price by a predetermined date. Because of their high leverage and unpredictable nature, option trading and derivatives are a double-edged sword. On the one hand, earnings are effectively doubled by ten when just a thousand dollars is required to oversee ten thousand dollars in investments. Conversely, the losses are doubled. Given that the act of investing and trading in the options market may appear to be a bigger challenge than investing and trading in various types of assets such as bonds, exchange-traded funds, stocks, currencies, and commodities, you’ll swiftly uncover that their complexity is smoothly boiled down into fundamental concepts that you’ll be able to comprehend and have extensive knowledge with the stock market. If you are interested in starting this type of trading but are concerned about the possible risks, use this course as your primary source of knowledge on the world of option trading and derivatives. Our objective is for you to obtain these abilities, as well as the skill, to trade and invest in these frequently intricate monetary instruments. Here are the lessons for this course: - What are Derivatives? - What is Options Trading? - How Options Work - How to Trade Options - The Derivatives Market - Benefits and Drawbacks of Option Trading - Factors Before You Try Option Trading - Greek Options Risk Metrics - Compound Interest Profit Calculator This step by step guide also includes some tools that will optimize your learning and results: * Use the in-app notebook to track your progress, customized ideas, and successes. * Use the in-app scheduling system to help you complete the journey. * Stay updated with new thoughts, ideas, tools, and tips with the live news feed feature. * App goal setting questionnaire. * Audio Music player. * High end lessons and compound interest calculator. Now it's up to you - download now!

Screenshots

OptionPosition+4 screens
Options Trading Course4 screens

Verdict

The call

The clearest difference is rating: OptionPosition+ at 4.0 against Options Trading Course's 2.0. OptionPosition+ also leads on ratings volume (20 vs 1). Options Trading Course's advantage is in-app purchases (none vs 3) and review sentiment (100% vs 84%). On price, ads, device support and iOS requirement 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. Options Trading Course asks for nothing beyond the download.

ReceptionRating · Positive reviews · Number of ratings

OptionPosition+ holds the better App Store score, 4.0 against 2.0. That said, the two scores are not equally well evidenced: OptionPosition+ has 20 ratings behind it against 1, so its average is the more settled of the two. Written reviews complicate that: 84% of OptionPosition+'s written reviews are positive against 100% of Options Trading Course's, so the app with the better star average is not the one people write more warmly about.

Scorecard5 real differences · 5 level
OptionPosition+ versus Options Trading Course: the parameters behind the verdict, then further details
ParameterOptionPosition+Options Trading Course
PriceFreeFree
Rating4.0 (20 ratings) — better2.0 (1 ratings)
Positive reviews83.7% of reviews100.0% of reviews — better
Number of ratings20 — better1
Update frequencyEvery 5 weeks—
AdsNoNo
In-app purchasesYesNo — better
MonetizationSubscriptionFree — better
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS12.011.1 — better
Further details — not scored
Size4 MB25 MB
Age rating4+17+
DeveloperPeter KramerAnna Fael

Customer experience

OptionPosition+

All ratings20 ratings
Positive70.0%
Neutral15.0%
Negative15.0%
Written reviews49 reviews
Positive83.7%
Neutral8.2%
Negative8.2%

Options Trading Course

All ratings1 ratings
Positive0.0%
Neutral0.0%
Negative100.0%
Written reviews1 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

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
None

Options Trading Course

No in-app purchases

Questions

Is OptionPosition+ free?
OptionPosition+ is free to download, with in-app purchases available.
Is Options Trading Course free?
Options Trading Course is free to download, with no in-app purchases.
Which has better reviews, OptionPosition+ or Options Trading Course?
OptionPosition+ is rated higher. OptionPosition+ averages 4.0 out of 5 from 20 ratings, while Options Trading Course averages 2.0 from 1 ratings.
Do OptionPosition+ or Options Trading Course have ads?
Neither OptionPosition+ nor Options Trading Course shows ads.

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