# OptionWave vs OptionTracker

The clearest difference is update cadence: OptionTracker at every 8 days against OptionWave's every 3 weeks. OptionTracker also leads on ratings volume (3 vs 1). OptionWave's advantage is iOS requirement (13.0 vs 18.5). On price, rating, ads and in-app purchases there is nothing between them.

Both are free to download. OptionWave sells 2 in-app purchases, starting at $29.99 per month and OptionTracker sells 3 in-app purchases, starting at $4.99 per month. Whichever you choose, the download price is not the number that matters.

On the App Store both sit at effectively the same score — 5.0 for OptionWave against 5.0 for OptionTracker. Both are backed by a comparable volume of ratings — 1 and 3 respectively.

OptionWave ships an update every 3 weeks, OptionTracker every 8 days. The most recent releases landed on September 15, 2026 and September 10, 2026 respectively.

## The numbers

| Metric | OptionWave | OptionTracker |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [5.0 (1 ratings)](https://appshunter.io/ios/app/optionwave/id6657758818/reviews) | [5.0 (3 ratings)](https://appshunter.io/ios/app/optiontracker-options-journal/id6746660638/reviews) |
| Number of ratings | 1 | **3** |
| Positive reviews | — | 100.0% of reviews |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | Every 3 weeks | **Every 8 days** |
| Monetization | Free with in-app purchases | Freemium |
| Size | 146 MB | 44 MB |
| Requires iOS | **13.0** | 18.5 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [Jiakuan Li](https://appshunter.io/developer/1562633690) | [Elie Zaccour](https://appshunter.io/developer/1744910208) |

## What reviewers say

### OptionWave

[App page](https://appshunter.io/ios/app/optionwave/id6657758818)

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:** macOS Compatibility

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| OptionWave Premium Membership | $29.99 | per month |
| OptionWave Premium Membership | $299.99 | per year |


### OptionTracker

[App page](https://appshunter.io/ios/app/optiontracker-options-journal/id6746660638)

This app helps options traders enforce discipline and maximize their edge by providing pre-trade checklists and real-time P&L tracking. It offers expiration monitoring, advanced data analytics, and seamless trade management for various strategies. The native design is fast, fluid, and supports accessibility features.

**Highlights:** Pre-trade checklists for discipline, Live Options P&L & Greeks Tracking, Expiration monitoring and notifications, Advanced data analytics for strategy performance, Trade management for complex strategies, Native iOS design with Dark Mode

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

**In-app purchases (3)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Monthly | $4.99 | per month |
| Yearly | $49.99 | per year |
| Lifetime | $139.99 | one-time |


## Frequently asked questions

### Is OptionWave free?

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

### Is OptionTracker free?

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

### Which has better reviews, OptionWave or OptionTracker?

OptionWave and OptionTracker are both rated 5.0 out of 5 on the App Store, from 1 and 3 ratings respectively.

### Do OptionWave or OptionTracker have ads?

Neither OptionWave nor OptionTracker shows ads.

### Which is updated more often, OptionWave or OptionTracker?

OptionWave ships an update every 3 weeks, and OptionTracker every 8 days. Most recently, OptionWave was updated on September 15, 2026 and OptionTracker on September 10, 2026.

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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.*