OptionPosition+ Version 3.9
OptionPosition+ is a financial analysis App that estimates the value of a set of shares and put and call options for a particular stock. It allows the investor to explore various option hedging positions and create a portfolio that is sensitive to price and volatility fluctuations or that provides protection for various concerns. OptionPosition+ graphically illustrates the value of put protection, covered calls, call spreads, time spreads, delta neutral skew trades, iron condors, etc.. Examples of the use of OptionPosition to explore and display various hedging and speculative strategies are located at our website: www.OptionPosition.com.
OptionPosition+ comes with an initial one month subscription period that provides access to data on most stocks listed on the NYSE and NASDAQ and certain indexes (i.e. SPX, NDX, RUT, RUI, VIX). After this one month subscription period you may purchase an auto-renewing subscription through an In-App Purchase. (If you do not maintain a subscription you can only access stock and option data for AAPL.)
• Auto-renewable subscription
• 1 month ($2.99), 2 month ($4.99) and 3 month ($5.99) durations
• Your subscription will be charged to your iTunes account at confirmation of purchase and will automatically renew (at the duration selected) unless auto-renew is turned off at least 24 hours before the end of the current period.
• Current subscription may not be cancelled during the active subscription period; however, you can manage your subscription and/or turn off auto-renewal by visiting your iTunes Account Settings after purchase.
• delayed stock and option prices for all available strike dates and strike prices (delay varies from 0 to 20 minutes)
• remembers 30 different portfolios each with 6 assets:
..........puts, calls, shares or child portfolios
......................child portfolios can have different underlying stock
......................child portfolios have correlated price
..........long, short any quantity
..........all listed strike dates
..........all listed strike prices
..........e-mail to anyone
• Black-Scholes equation used to determine implied volatility and future value of put and call options
• graphically displays Gain/Loss, Delta, Vega, Theta or Gamma as a function of stock price:
..........now (see black lines below)
..........at any future date up to the earliest strike date (see red lines below)
..........at assumed higher or lower volatilities (see green lines below)
..........with a changing price correlation to child portfolios included as an item/hedge
• graphically displays the probability of future stock prices and the probability of future option portfolio Gains/Losses based on current put/call straddle prices
• scales on the graph are continuously adjustable with one and two finger moves – easily zoom in or out
• tap on the graph to show the X,Y value at a point and the value of the curves at that X value
• diagnostics table shows all Greeks and lets you easily create a Delta neutral portfolio
• 3 month US dollar LIBOR used for risk free interest rate
• incorporates predicted dividend payments into the Black-Scholes calculations without making a ‘fixed dividend rate’ error in Delta
For an explanation of these option positions, and more, see our website www.OptionPosition.com. Screen shots shown below (for both iPhone and iPad):
1) Gain/Loss graph for an Iron Condor in AAPL
2) Assets (iPad includes Diagnostics) for the Iron Condor in AAPL
3) Vega graph for the Iron Condor in AAPL
4) Probability of the value of the Gain/Loss for the Iron Condor in AAPL
5) Gain/Loss for a Put Protection in SPY
3.9.88 Bug fix - when first month's options strike prices do not straddle current price.
3.9.87 New data provider will supply more options including weeklys.
(May be limited to US Equities and the following indexes: SPX, NDX, RUT, RUI, VIX .)
Screen tap that displays cursor on Graphs is more responsive.
Ratings and Reviews
Used to be a good tool for predicting
Used to be a good tool for predicting portfolio value a few years ago. For the past two years the software has not functioned properly with my iPhone 6 Plus or iPhone X. There is a subscription price so one would expect the product to work as advertised. It was such a great product in the past that I have given the developers an opportunity to improve the product, by my continuing to pay the fees in hopes they will make changes before I dump it.
Developer Response ,
Please use the Contact Us button on the Directions tab to tell us about any problems you are having with the app. We can't fix it if you don't tell us about it!
Calls and Puts Progress Tracking
I use the tool mainly to track the progress of my AAPL Calls and Puts and in my analysis of when to roll the options forward. It suits my purposes just fine!
I've been using this app for 2+ years and find it suits my needs well. The customer service is without equal. Two or three times I suggested new or revised features and Mr. Kramer accepted my input and revised the program. I think this attention to a single customer is rare today.
I think the greatest strength of this program is tracking both actual and 'test' positions and the email option. I can easily send a portfolio to my email and do further calcuations there. I've checked the program's calculation of I.V. numerous times and it's always within about a half-percent of my method (Hull's Derivagem binomial)
I recommend this program to anyone that either trades options or is considering doing so. The montly fee isn't bad when you get it 3 months at a time ($2 per month).
- Peter Kramer
- 15.8 MB
Requires iOS 8.0 or later. Compatible with iPhone, iPad, and iPod touch.
- Age Rating
- Rated 4+
- © 2011 - 2017 Kramer&Kramer Software
- In-App Purchases
- full access to stock and option data $5.99
- full access to stock and option data $2.99
- full access to stock and option data $4.99
With Family Sharing set up, up to six family members can use this app.