ThetaForge vs CoveredProfit

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/

Maximize your stock portfolio's income potential with CoveredProfit—the ultimate decision-support tool for covered call writing and options analysis. Whether you are a seasoned options trader generating monthly cash flow or a stock investor looking to protect your cost basis, CoveredProfit eliminates the guesswork. Calculate yields, analyze downside protection, and model options decay with professional-grade accuracy in real-time. Key Features: • REAL-TIME COVERED CALL CALCULATOR Input any stock ticker to instantly fetch live quotes and calculate essential trade metrics. Instantly view your Max Profit, Absolute Return, Annualized APR, and Breakeven Point. • SCREENSHOT SCANNER (NO-TYPING) Skip manual entry. Take a screenshot of your broker's options page, scan it inside CoveredProfit, and let our secure on-device text recognition instantly auto-fill the ticker, strike price, and option premium. • LIVE OPTIONS CHAIN INTEGRATION Analyze options data directly from Public.com. Filter, sort, and center strike prices around the current stock price to identify the highest-yielding premium opportunities. • COST BASIS PROTECTION Protect your downside. The app automatically flags capital loss risks, warning you if an option's strike price falls below your stock purchase cost basis. • THETA TIME-DECAY SIMULATIONS Model option value erosion as expiration approaches. Track and estimate option buyback prices to optimize when to roll or close your positions. • POSITION PORTFOLIO MONITORING Track your active covered call positions in a single dashboard. Get real-time alerts for low days-to-expiration (DTE) and expired contracts so you never miss an option assignment window. • SMART ROLLOVER OPTIMIZER Contracts expiring soon? Avoid manual math. With a single tap, retrieve live options chains to analyze and execute rolls: - Option A (Income Focus): Extend expiration at your current strike to collect immediate cash premium. - Option B (Growth Focus): Move your strike price higher to capture additional stock upside gains, even if it requires a small net premium debit. • INTEGRATED TRADE HISTORY LOG & EXPORTS Maintain a full chronological statement of your trade alterations. - Automatically records opens, rolls, and closes. - Settle expirations accurately: log calls as Expired Worthless or Shares Assigned (Stock Sold) to maintain precise adjusted cost basis statistics. - Export all active positions and transaction histories cleanly into formatted CSV and PDF statements. • SECURE & PRIVATE Your financial data belongs to you. All positions are stored locally on your device. No signup required, no personal financial credentials collected. CoveredProfit Premium: Upgrade to premium to track unlimited active positions, unlock advanced time-decay timeline charts, and receive high-priority recommendation analysis. Disclaimer: Options trading involves a high degree of risk and is not suitable for all investors. Calculations and simulations provided by CoveredProfit are for educational and informational purposes only and do not constitute financial advice. Past performance is not indicative of future results. Apple's Standard EULA :https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Terms : https://senthilmkm.github.io/coveredprofit-docs/terms.html Privacy: https://senthilmkm.github.io/coveredprofit-docs/privacy.html