# OptionWave vs SmartOptions

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.

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.

OptionWave ships an update every 3 weeks, SmartOptions daily. The most recent releases landed on October 24, 2026 and October 31, 2026 respectively.

## The numbers

| Metric | OptionWave | SmartOptions |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[5.0 (2 ratings)](https://appshunter.io/ios/app/optionwave/id6657758818/reviews)** | — |
| Number of ratings | **2** | — |
| Positive reviews | — | 100.0% of reviews |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | Every 3 weeks | **Daily** |
| Monetization | Free with in-app purchases | Freemium |
| Size | 146 MB | 54 MB |
| Requires iOS | **13.0** | 15.1 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Jiakuan Li](https://appshunter.io/developer/1562633690) | [Giskard Datatech Private Limited](https://appshunter.io/developer/1528676768) |

## 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 |


### SmartOptions

[App page](https://appshunter.io/ios/app/smartoptions-options-trading/id6806934445)

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:** macOS Compatibility, Vision Pro support

**In-app purchases (4)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Premium Monthly Auto-renew | $5.99 | per month |
| ProPlus Monthly Auto-renew | $19.99 | per month |
| Premium Annual Auto-renew | $49.99 | per year |
| ProPlus Annual Auto-renew | $119.99 | per year |


## Frequently asked 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 31, 2026.

---

*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*