WheelScanner vs OptionsVision
Price, ratings, monetisation and update history for both apps, side by side ā with what reviewers say about each.
WheelScanner
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WheelScanner finds the best options for the Wheel Strategy ā Cash Secured Puts and Covered Calls ā so you don't have to spend hours screening manually. āø RISK SCORING & AI ANALYSIS Every ticker gets a risk score based on deep data analysis ā earnings proximity, volatility rank, option liquidity, and safety ratios ā helping you avoid dangerous trades. āø PAPER TRADING Practice the Wheel before risking real money. Open positions, track P&L, and build confidence with zero risk. āø WATCHLIST & PRICE ALERTS Track your favorite tickers. Set price alerts and get notified when a stock hits your target entry. āø TOP ETFs & MAG 7 Quickly scan popular ETF indexes (SPY, QQQ, IWM, DIA) and Magnificent 7 stocks with one tap. āø BUILT FOR THETA TRADERS WheelScanner is purpose-built for income-focused options traders running the Wheel. No clutter, no noise ā just the data that matters. SUBSCRIPTION OPTIONS ⢠Pro Monthly ā $14.99/month (3-day free trial) ⢠Pro Annual ā $124.99/year (save 30%) Free version includes market scans (top 5 results), watchlist (5 tickers), and paper trading (2 positions). Pro unlocks AI analysis, Sell CALL strategy, price alerts, and unlimited access. Payment is charged to your Apple ID account at confirmation of purchase. Subscription automatically renews unless canceled at least 24 hours before the end of the current period. Your account will be charged for renewal within 24 hours prior to the end of the current period. You can manage and cancel your subscriptions in your Account Settings on the App Store after purchase. Terms of Use: https://api.wheelscanner.app/terms Privacy Policy: https://api.wheelscanner.app/privacy DISCLAIMER: WheelScanner provides financial data and tools for informational purposes only. It is not financial advice. Options trading involves significant risk and is not suitable for all investors. Past performance does not guarantee future results.
OptionsVision
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OptionsVision turns any options trade into an interactive payoff chart so you can trade smarter. Brokerages like Robinhood only show you the payoff at expiration. What's missing is how to value your position before expiration and how to determine whether the option is cheap or expensive. OptionsVision solves these problems in a simple, easy to use UI. Wondering what your covered call actually looks like if the stock drops 5% with 3 days to expiration remaining? Where your calendar spread breaks even with a change in volatility? Your theta decay if you sold your option right after ex-dividend date? OptionsVision answers these questions with an interactive and accessible payoff chart. HOW IT WORKS IMPORT IN SECONDS Take a screenshot of your Robinhood order ticket and OptionsVision reads it with Apple's on-device text recognition and automatically pre-populates the strategy, strikes, expiration, spot price, and premiums. Multi-leg trades import from two screenshots (order ticket + per-leg premium) to capture real per-leg IVs as well as multiple expiration dates for calendar spreads. Prefer to skip the screenshot? Enter any trade by hand in a few taps. SEE THE WHOLE TRADE An interactive profit-and-loss chart shows your position across the full price range: break-evens marked on the curve, max profit and max loss, and distance-to-break-even at a glance. Scrub any price to see your exact expected P&L. WATCH TIME AND VOLATILITY WORK Adjust days-to-expiration and IV to watch theta decay reshape your position in real time. Or flip to the at-expiration view for the standard payoff chart. As each dividend's ex-date passes, it drops out of the pricing, so the chart stays accurate. REAL ANALYTICS ⢠Black-Scholes pricing with implied volatility solved from your actual per-leg entry premiums ⢠Live Greeks: Delta, Gamma, Theta, and Vega, per share and for the whole position ⢠Risk-free rates matched to your expiration from the daily U.S. Treasury yield curve ⢠Upcoming earnings dates and projected ex-dividends for thousands of optionable tickers, refreshed weekly ⢠Override any assumption including rate, dividend yield, IV SUPPORTS 32 OPTIONS STRATEGIES OptionsVision is built to handle each option strategy with context-aware inputs and a clear explanation of how the trade makes and loses money. Supported strategies include: ⢠Single Leg Options: Long calls, long puts, covered calls, and cash-secured puts ⢠Vertical Spreads: Call debit spreads, call credit spreads, put debit spreads, and put credit spreads ⢠Long Straddles and Long Strangles ⢠Calendar Spreads: Long call calendar spreads, long put calendar spreads, and short put calendar spreads ⢠Diagonals: Long call diagonal, short call diagonal (covered), long put diagonal, and short put diagonal ⢠Condors: Long call condor, short call condor, long put condor, short put condor, long iron condor, and short iron condor ⢠Butterflies: Long call butterfly, short call butterfly, long put butterfly, short put butterfly, long iron butterfly, and short iron butterfly ⢠Unbalanced Ratios: Put front ratio, call back ratio, and put back ratio PRIVATE BY DESIGN No account necessary and no ads. Your screenshots are processed entirely on your device, and your trades never leave it. The app works completely offline with tickers, earnings, IV history, and dividend data refreshing in the background each week. BUILT FOR LEARNING Sharpen how you read a trade and grow the number of options strategies you can confidently use. OptionsVision is an educational tool and is not investment advice, not a broker, and never touches your brokerage account. Figures are theoretical model estimates, not live quotes. Options involve substantial risk and are not suitable for every investor. Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
Screenshots
Verdict
The clearest difference is in-app purchases: OptionsVision at none against WheelScanner's 2. OptionsVision also leads on iOS requirement (18.5 vs 26.0). On price, ads and device support there is nothing between them.
Scored on Price Ā· Rating Ā· Positive reviews Ā· Number of ratings Ā· Update frequency Ā· Ads Ā· In-app purchases Ā· Monetization Ā· Best chart rank Ā· Devices Ā· Requires iOS
Both are free to download. WheelScanner sells 2 in-app purchases, starting at $14.99 per month. OptionsVision asks for nothing beyond the download.
| Parameter | WheelScanner | OptionsVision |
|---|---|---|
| Price | Free | Free |
| Update frequency | ā | Every 9 days |
| Ads | No | No |
| In-app purchases | Yes | No ā better |
| Devices | iPhone | iPhone |
| Requires iOS | 26.0 | 18.5 ā better |
| Further details ā not scored | ||
| Size | 25 MB | 6 MB |
| Age rating | 4+ | 4+ |
| Developer | Dauren Amreyev | Vishnu Muthiah |
In-app purchases
WheelScanner
- Pro Monthly7 Days trial$14.991 Month
- Pro Annual7 Days trial$124.991 Year
OptionsVision
No in-app purchases
Questions
Is WheelScanner free?
Is OptionsVision free?
Do WheelScanner or OptionsVision have ads?
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