Comparison

OptionWave vs SmartOptions

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

OptionWave

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
Read full description

Discover OptionWave - your ultimate tool for monitoring unusual option trades in real time. Designed for traders who want to stay ahead of market trends, OptionWave offers comprehensive features to optimize your trading strategy: **Real-Time Live Feed:** Instantly access live data on unusual option trades. Our app continuously scans the market to provide you with the most up-to-date information, helping you make timely decisions. **Customizable Filters:** Tailor your experience by creating custom filters for the live feed. Exclude trades that don't meet your criteria to focus on what matters most to your strategy. **Smart Notifications:** Configure personalized notification alerts to be notified whenever a trade matches your specific requirements. Receive push notifications directly to your device, ensuring you never miss an opportunity. **User-Friendly Interface:** Navigate effortlessly with an intuitive design that caters to both novice and experienced traders, providing a seamless user experience. **Stay Informed:** Gain insights into market trends with our detailed analysis and reporting features to make informed trading decisions. OptionWave is your go-to solution for smarter, more informed trading. Download today and experience the power of precision trading at your fingertips! Terms of use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

About

SmartOptions

This app provides advanced tools for trading futures and options, focusing on Indian markets. It offers real-time data analysis, strategy building, and risk management features to help traders make informed decisions.

Highlights
  • Advanced NSE Option Chain analysis
  • Real-time OI & PCR tracking
  • Custom options strategy builder
  • AI-powered stock analysis
  • Multi-broker position syncing
  • Risk management and alerts
Features
Read full description

Trade smarter in Futures & Options (F&O) with SmartOptions by Trendlyne. Analyze NSE option chains, track real-time open interest (OI) data, monitor PCR trends, and build advanced options trading strategies with institutional-grade risk management tools. Whether you trade Nifty, Bank Nifty, FinNifty, Sensex, or stock options, SmartOptions brings powerful, data-driven derivatives analysis built specifically for Indian traders. Key Features • Advanced NSE Option Chain: Track real-time option chains for Nifty, Bank Nifty, FinNifty, Sensex, and all F&O stock options. Identify active contracts instantly. • OI & PCR Analysis: Deep-dive into Open Interest (OI) gainers/losers, combined OI trends, Put-Call Ratio (PCR) tracking, and live FII/DII participant-wise data. • Advanced Strategy Builder: Build custom multi-leg options strategies with interactive payoff graphs, probability of profit (PoP), P&L tables, and Greeks. • MarketMind AI: Use Trendlyne’s dedicated AI research assistant to analyze stock metrics, earnings call transcripts, and corporate disclosures. Get grounded, factual summaries of financial performance, management guidance, and risk opportunities to make informed F&O decisions. Use the Strategy AI to easily build, modify and improve options strategies. Strategies can be created directly from the option chain page. Positions AI helps check and improve live positions, adding hedging legs to increase probability of profit. • Ready-Made & Quick Options: Instantly deploy defensive, neutral, or aggressive strategies (Iron Condor, Straddle, Strangle, Spreads) matching your exact market view. • Portfolio Hedge: Protect your long-term equity holdings from market volatility. Apply protective options hedging across your holdings with a single trade. • Live F&O Screeners & Heatmaps: Spot intraday trends with futures heatmaps, easy options screeners, and market-moving insights. • Multi-Broker Sync: Track and manage your live F&O positions in one place. Seamlessly link multiple broker accounts • Smart Risk Management & Alerts: Set real-time alerts for price movements, OI changes, volume spikes, and MWPL limits to avoid margin calls. Why Traders Choose SmartOptions • Powerful Analytics: Option chain data, Greeks (Delta, Gamma, Theta, Vega), and F&O trends at your fingertips. • Faster Execution: Evaluate, simulate, and place trades seamlessly with integrated broker syncing. • Built by Trendlyne: Rely on clean, institutional-grade financial data and insights from one of India's most trusted stock market platforms. Take control of your F&O trading. Download SmartOptions by Trendlyne today and start analyzing option chains and executing strategies like a pro! Terms of Use (EULA): https://trendlyne.com/terms/ Privacy Policy: https://trendlyne.com/privacy/

Screenshots

OptionWave3 screens
SmartOptions4 screens

Verdict

The call

The clearest difference is update cadence: SmartOptions at daily against OptionWave's every 3 weeks. OptionWave's advantage is iOS requirement (13.0 vs 15.1). On price, ads, 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. OptionWave sells 2 in-app purchases, starting at $29.99 per month and SmartOptions sells 4 in-app purchases, starting at $5.99 per month. Whichever you choose, the download price is not the number that matters.

UpkeepUpdate frequency

OptionWave ships an update every 3 weeks, SmartOptions daily. The most recent releases landed on October 24, 2026 and October 15, 2026 respectively.

Scorecard2 real differences · 8 level
OptionWave versus SmartOptions: the parameters behind the verdict, then further details
ParameterOptionWaveSmartOptions
PriceFreeFree
Rating5.0 (2 ratings) — better—
Positive reviews—100.0% of reviews
Number of ratings2 — better—
Update frequencyEvery 3 weeksDaily — better
AdsNoNo
In-app purchasesYesYes
MonetizationFree with in-app purchasesFreemium
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS13.0 — better15.1
Further details — not scored
Size146 MB54 MB
Age rating4+4+
DeveloperJiakuan LiGiskard Datatech Private Limited

Customer experience

OptionWave

All ratings1 ratings
Positive100.0%
Neutral0.0%
Negative0.0%

SmartOptions

Written reviews1 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

2 purchases

OptionWave

Subscriptions2
  • OptionWave Premium Membership7 Days trial$29.991 Month
  • OptionWave Premium Membership7 Days trial$299.991 Year
4 purchases

SmartOptions

Subscriptions4
  • Premium Monthly Auto-renew$5.991 Month
  • ProPlus Monthly Auto-renew$19.991 Month
  • Premium Annual Auto-renew$49.991 Year
Show 1 more
  • ProPlus Annual Auto-renew$119.991 Year

Questions

Is OptionWave free?
OptionWave is free to download, with in-app purchases available.
Is SmartOptions free?
SmartOptions is free to download, with in-app purchases available.
Do OptionWave or SmartOptions have ads?
Neither OptionWave nor SmartOptions shows ads.
Which is updated more often, OptionWave or SmartOptions?
OptionWave ships an update every 3 weeks, and SmartOptions daily. Most recently, OptionWave was updated on October 24, 2026 and SmartOptions on October 15, 2026.

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