Comparison

OptionPosition+ vs Algae Options Tracker

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

Algae Options Tracker

This app provides real-time analytics and intuitive visualizations for options trading. It offers hedge-fund level insights to help users make better trading decisions and manage their portfolios effectively.

Highlights
  • Real-time options analytics
  • Trade visualizations
  • Hedge-fund level insights
  • IV rank and POP analysis
  • Portfolio overview
  • Options strategy analysis
Read full description

Get Algae, the #1 options tracking app. Access real-time analytics on your positions, visualize your trades and get practical insights on any options strategy - all on the Algae mobile app for iOS. Algae gives you a crystal clear overview of any options you're trading and informs you about everything you need to know. Improve your wealth and quality of life by making better trading decisions. With Algae, you are on top of your finances. Algae tracks all your options trades provides you with the tools & charts you need to reach your goals. The best thing? It’s free! Advanced Analytics - Unlock hedge-fund level analytics for profit optimization. Gain insights on IV rank, POP, and how your trade reacts to factors like implied volatility and time decay. Intuitive Visualizations - Effortlessly grasp intricate metrics, such as the impact of diverse price factors on your trades, evaluate option valuations, and uncover potential profits and losses across different price points. Your Portfolio at a Glance - Algae pushes the boundaries of what other options platforms are offering. Get real-time metrics on any option strategy so you can trade smarter. Maximize your options with Algae. — Options involve a high degree of risk and are not suitable for all investors. Algae is not an investment advisor. The calculations, information, and opinions on Algae are for educational purposes only and are not investment advice. Calculations are estimates and do not account for all market conditions and events. Contains optional recurring in-app subscriptions. Privacy Policy: https://algaeapp.com/privacy/

Screenshots

OptionPosition+4 screens
Algae Options Tracker4 screens

Verdict

The call

The clearest difference is review sentiment: OptionPosition+ at 83% against Algae Options Tracker's 0%. OptionPosition+ also leads on ratings volume (21 vs 7). Algae Options Tracker's advantage is rating (4.4 vs 3.8) and in-app purchases (none vs 3). On price, update cadence, ads 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. OptionPosition+ sells 3 in-app purchases, starting at $2.99 per month. Algae Options Tracker asks for nothing beyond the download.

ReceptionRating · Positive reviews · Number of ratings

Algae Options Tracker holds the better App Store score, 4.4 against 3.8. Both are backed by a comparable volume of ratings — 21 and 7 respectively. Written reviews complicate that: 83% of OptionPosition+'s written reviews are positive against 0% of Algae Options Tracker's, so the app with the better star average is not the one people write more warmly about.

UpkeepUpdate frequency

OptionPosition+ ships an update every 5 weeks, Algae Options Tracker every 2 weeks. The most recent releases landed on September 23, 2026 and June 1, 2026 respectively.

Scorecard5 real differences · 5 level
OptionPosition+ versus Algae Options Tracker: the parameters behind the verdict, then further details
ParameterOptionPosition+Algae Options Tracker
PriceFreeFree
Rating3.8 (21 ratings)4.4 (7 ratings) — better
Positive reviews83.0% of reviews — better0.0% of reviews
Number of ratings21 — better7
Update frequencyEvery 5 weeksEvery 2 weeks — better
AdsNoNo
In-app purchasesYesNo — better
MonetizationSubscriptionFreemium — better
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS12.012.0
Further details — not scored
Size4 MB47 MB
Age rating4+4+
DeveloperPeter KramerMasiso.AI Inc.

Customer experience

OptionPosition+

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

Algae Options Tracker

All ratings7 ratings
Positive85.7%
Neutral0.0%
Negative14.3%
Written reviews1 reviews
Positive0.0%
Neutral0.0%
Negative100.0%

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

Algae Options Tracker

No in-app purchases

Questions

Is OptionPosition+ free?
OptionPosition+ is free to download, with in-app purchases available.
Is Algae Options Tracker free?
Algae Options Tracker is free to download, with no in-app purchases.
Which has better reviews, OptionPosition+ or Algae Options Tracker?
Algae Options Tracker is rated higher. OptionPosition+ averages 3.8 out of 5 from 21 ratings, while Algae Options Tracker averages 4.4 from 7 ratings.
Do OptionPosition+ or Algae Options Tracker have ads?
Neither OptionPosition+ nor Algae Options Tracker shows ads.
Which is updated more often, OptionPosition+ or Algae Options Tracker?
OptionPosition+ ships an update every 5 weeks, and Algae Options Tracker every 2 weeks. Most recently, OptionPosition+ was updated on September 23, 2026 and Algae Options Tracker on June 1, 2026.

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