BPSTracker vs ThetaForge
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
BPSTracker
Monitor your Bull Put Spread options positions with real-time Greeks, P&L tracking, and risk management tools. Visualize trends, import data from screenshots, and analyze your trading history for better performance.
- Portfolio overview
- Real-time Greeks (Delta, Theta, Gamma, Vega)
- Daily Theta value tracking
- Risk indicators and alerts
- Greeks trend charts
- Screenshot import for positions
- Trading history and performance statistics
Read full descriptionHide full description
Track your Bull Put Spread options positions with precision. BPS Tracker helps options traders monitor their credit spread positions with real-time Greeks, P&L tracking, and risk management tools. FEATURES: • Portfolio Overview - See total capital at risk, max profit, and unrealized P&L at a glance • Real-time Greeks - Delta, Theta, Gamma, Vega for each position • Daily Theta Value - Know exactly how much you earn from time decay • Risk Indicators - ITM warnings, near-expiry alerts, breakeven monitoring • Greeks Trend Charts - Visualize Delta, Theta, IV and spread cost over time • Screenshot Import - Automatically parse positions from brokerage screenshots • Closed Position Tracking - Record close reasons and realized returns • Trading History - Win rate, average RoR, and performance statistics FREE - EVERYTHING INCLUDED: No subscription, no ads. Every feature is unlocked for everyone: unlimited positions, 5-minute market data, full Greeks trend charts, historical IV, advanced Risk Bar, and custom alert thresholds. 30 AI analyses and 20 screenshot imports per month. DEMO MODE: Try the app with sample positions - no account required. Perfect for theta gang traders and anyone selling Bull Put Spreads. Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Privacy Policy: https://www.bpstracker.com/bpstracker/privacy
ThetaForge
Read full descriptionHide full description
ThetaForge helps you model, visualize, and understand options strategies in a visual, educational environment. Build single-leg and multi-leg options structures, explore payoff behavior, adjust volatility assumptions, and test theoretical scenarios across price and time. Whether you are learning options mechanics or comparing complex strategy shapes, ThetaForge gives you a clear way to understand breakevens, defined risk, payoff behavior, and model-based outcomes. ThetaForge is designed as an educational strategy modeling tool — not a brokerage, signal service, or financial advisor. What you can do with ThetaForge Create and analyze options strategies including calls, puts, spreads, covered positions, and multi-leg structures. Visualize strategy payoff across a range of underlying prices. Explore breakevens, max profit, max loss, and risk-defined behavior. Adjust volatility assumptions to see how theoretical values may change. Model scenarios across price movement, time, and implied volatility. Compare strategy behavior before expiration and at expiration. Use strategy templates and guided explanations to better understand common options structures. Review neutral, risk-focused explanations that explain mechanics without telling you what to trade. Built for options learners and strategy builders ThetaForge is for people who want to understand how options strategies behave. It can help you explore questions like: How does this spread behave if the underlying moves up or down? Where are the breakeven points? How much risk is defined upfront? How does volatility affect the theoretical value of the position? What happens as time passes? How do multiple legs interact inside one strategy? Educational, visual, and privacy-conscious ThetaForge focuses on strategy modeling and theoretical analysis. It does not connect to brokerages, place trades, provide trade signals, or provide personalized investment recommendations. It is built to help you explore mechanics, structure, payoff, and risk in a clearer way. Important disclaimer ThetaForge is provided for educational and informational purposes only. It does not provide financial, investment, trading, tax, or legal advice. Options involve risk and are not suitable for all investors. Theoretical outputs, models, and scenarios are estimates only and may differ from real market prices, fills, liquidity, assignment behavior, taxes, fees, and other real-world outcomes. Always do your own research and consult a qualified financial professional before making financial decisions. License Agreement By downloading or using ThetaForge, you agree to Apple’s Standard End User License Agreement: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
Screenshots
Verdict
The clearest difference is update cadence: ThetaForge at fortnightly against BPSTracker's every 6 weeks. ThetaForge also leads on iOS requirement (13.0 vs 17.0). On price, ads, in-app purchases 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
Both are free to download. BPSTracker sells 2 in-app purchases, starting at $19.99 per month and ThetaForge sells 2 in-app purchases, starting at $14.99 per month. Whichever you choose, the download price is not the number that matters.
BPSTracker ships an update every 6 weeks, ThetaForge fortnightly. The most recent releases landed on October 13, 2026 and September 25, 2026 respectively.
| Parameter | BPSTracker | ThetaForge |
|---|---|---|
| Price | Free | Free |
| Rating | 5.0 (1 ratings) — better | — |
| Number of ratings | 1 — better | — |
| Update frequency | Every 6 weeks | Fortnightly — better |
| Ads | No | No |
| In-app purchases | Yes | Yes |
| Monetization | Free | — |
| Devices | iPhone, iPad | iPhone, iPad, iPod — better |
| Requires iOS | 17.0 | 13.0 — better |
| Further details — not scored | ||
| Size | 5 MB | 70 MB |
| Age rating | 4+ | 4+ |
| Developer | Tz-Je Lin | One Nonstop Engineer LLC |
In-app purchases
BPSTracker
- BPSTracker Pro$19.991 Month
- BPSTracker Pro$179.991 Year
ThetaForge
- ThetaForge Pro Monthly$14.991 Month
- ThetaForge Pro Yearly$134.991 Year









