Best of 6 apps for option strategies on mobile

Want to play with options but don't want to use your computer? No problem! There are tons of awesome apps that let you trade options right on your phone. These apps, like Pocket Option, OptionStrat, and Pocket Option Strategies, have everything you need, from building your own strategies to managing your trades. You can even get real-time market data and learn about new strategies all in one place.

Whether you're a seasoned trader or just starting out, these apps can help you take your options trading to the next level. They make it easy to analyze charts, set alerts, and even get personalized recommendations. So ditch the desktop and download these apps to take your trading on the go!

App Logo Available On Reviews Downloads Features
1. Pocket Option Pocket Option Icon Android 4.3/5 118K+ Quick and easy registration, Demo account with virtual funds
2. OptionStrat OptionStrat Icon Android, iOS 4.8/5 106K+ Real-time strategy visualization, 50+ strategy templates
3. Pocket Option Strategies Pocket Option Strategies Icon Android 0/5 2K+ Option trading strategy, Option strategy builder, Easier UI
4. Optactic Optactic Icon Android, iOS 4.3/5 3K+ Visualize option strategies, Design exit plans, Advisor recommends strategies
5. Sensibull for Options Trading Sensibull for Options Trading Icon Android, iOS 4.8/5 3M+ Options Strategy Builder, Real-time price alerts, Trade options with real
6. Option Strategy Builder Option Strategy Builder Icon Android 0/5 30K+ Free forever, Virtual paper trading, Payoff graph analysis
Best of 6 apps for option strategies on mobile

1. Pocket Option

Pocket Option Icon

Easy-to-use trading interface, Various trading strategies available

Download:

Android

Application information

Category Business
Downloads Over 100,000 downloads
Features The Pocket Option app offers a platform for practicing and executing option trading strategies, including various charting tools, technical indicators, and real-time market data.
Who It’s For Traders interested in exploring and implementing option trading strategies, both beginners and experienced traders.
Pocket Option - Quick and easy registration, Demo account with virtual funds
  • Tags:
  • Easy-to-use interface
  • Variety of trading strategies
  • Suitable for all experience levels

Pocket Option is a powerful mobile app for option strategies that's garnered praise for its ease of use and effectiveness. Users have raved about its ability to help them "become successful investors," with many noting the seamless withdrawal process and responsive customer service. The app offers a variety of strategies, and while some users have requested the ability to adjust SMA numbers, the overall sentiment is one of gratitude for the platform's value. Whether you're a seasoned trader or just starting out, Pocket Option provides the tools and support to navigate the world of option trading with confidence.

Pros & Cons

  • Easy to use for traders
  • Withdrawals are easy and fast
  • Good customer service support
  • Offers many tools for trading
  • Limited SMA customization options
  • Can be expensive with e-books
  • May not be suitable for all traders

Why we chose it?

I'm a huge fan of Pocket Option for option strategies! It's got super intuitive tools that make it easy to execute trades quickly, plus a wide range of assets to choose from. And best of all, they have amazing educational resources that helped me learn the ropes of options trading.

✨ Read more: app for call and put options

2. OptionStrat

OptionStrat Icon

Visualize profit and loss, Optimize strategies automatically

Cost:

Free (Free), Premium ($99/year)


Download:

Android iOS

Application information

Category Finance
Downloads Over 100,000
Features OptionStrat is an app for option strategies that helps you visualize, calculate, and optimize your option trades with a strategy visualizer, profit calculator, and optimizer.
Who It’s For Traders and investors who are looking for an easy-to-use tool to help them understand and execute option strategies.
OptionStrat - Real-time strategy visualization, 50+ strategy templates
  • Tags:
  • Real-Time Visualization
  • 50+ strategy templates
  • Automatic strategy optimization

OptionStrat is a powerful app for option strategies that lets you visualize and calculate potential profits and losses on your trades with ease. Users praise its intuitive interface and unique features like the strategy optimizer, which helps them find the best trades automatically. While some users have experienced occasional glitches with data loading, the developer's quick response time and commitment to improvement have earned high praise. The app's ability to calculate probabilities and its wide array of strategy templates make it a valuable tool for both seasoned and novice option traders alike, though some users have requested more customization options for graph viewing and strike price adjustments.

Pros & Cons

  • Great app for options
  • Easy profit/loss calculations
  • Helpful probability calculator
  • Quick support and updates
  • Data loading inconsistencies
  • Unintuitive graph view
  • Slider bar issues

Why we chose it?

I'm a big fan of OptionStrat for option strategies! It's got a fantastic visualizer that helps me understand the profit/loss potential of my trades, and the optimizer is a real game-changer for finding the best strategies. Plus, it's incredibly user-friendly, making it easy to use even for beginners.

✨ Read more: app for options trading

3. Pocket Option Strategies

Pocket Option Strategies Icon

Easy option strategy learning, Call put option strategies, Option selling strategy guide

Download:

Android

Application information

Category Finance
Downloads Over 2,000 downloads
Features The app provides a comprehensive guide to various option strategies, including call/put, hedging, future options, and a strategy builder.
Who It’s For Beginners looking to learn about option trading strategies
Pocket Option Strategies - Option trading strategy, Option strategy builder, Easier UI
  • Tags:
  • Beginner-friendly guide
  • Option trading strategies
  • Easy-to-use interface

"Pocket Option Strategies" is a mobile app designed to be a friendly guide for beginners venturing into the world of option trading. It's praised for its straightforward approach, offering a wealth of knowledge on various option strategies like call-put options and hedging. Users, like the one who said, "This is gonna ease things -in trading - to newbies like me," appreciate the app's ability to demystify complex concepts and make them more accessible. This user-friendly app is a valuable tool for anyone looking to gain a solid foundation in option strategies and navigate the often-intimidating world of trading with confidence.

Pros & Cons

  • Provides easy-to-understand strategies
  • Helpful for beginners in options trading
  • Offers a range of option strategies
  • Simplifies complex trading concepts
  • May lack advanced strategy options
  • Relies on external platform for trading
  • Limited customization for strategy setup

Why we chose it?

I'm really happy with Pocket Option Strategies! It's a great app for anyone starting out with option strategies. I love how easy it is to understand the basics and the app's helpful breakdowns of different strategies helped me a lot. Plus, it's packed with useful information that's perfect for both beginners and experienced traders.

✨ Read more: app for option chain

4. Optactic

Optactic Icon

Visualize option strategies interactively, Design and visualize exit plans

Download:

Android iOS

Application information

Category Finance
Downloads Over 3,000 downloads
Features Optactic simplifies complex option strategies by visualizing risks, rewards, exit plans, and simulations across time and volatility.
Who It’s For Traders who want to plan and execute option strategies with visual analysis and risk management tools.
Optactic - Visualize option strategies, Design exit plans, Advisor recommends strategies
  • Tags:
  • Visual Strategy Builder
  • Exit Strategy Planning
  • AI-powered recommendations

Optactic is a powerful mobile app for option strategies that simplifies complex trading ideas with interactive visuals. This intuitive tool allows you to effortlessly visualize and plan your calls and puts, helping you manage your strategies with clarity and confidence. With its user-friendly interface, Optactic provides a visual representation of risks and rewards, making it a valuable asset for any trader looking to gain a deeper understanding of their options positions. Whether you're a seasoned trader or just starting out, Optactic offers a comprehensive and intuitive platform to navigate the exciting world of options trading.

Pros & Cons

  • Visualizes option strategies clearly
  • Helps manage calls and puts
  • Provides a nice visual collection
  • Handy for option strategy analysis
  • Limited to option strategies only
  • No real-time market data included
  • May not be suitable for beginners

Why we chose it?

Optactic is my go-to app for options trading, hands down! I love how it lets me visually see the risks and rewards of different strategies, and even simulate how they'll perform under different market conditions. Plus, the built-in advisor is super helpful in recommending the right strategy for my goals, and it's even got a cool ranking system to help me compare different options.

5. Sensibull for Options Trading

Sensibull for Options Trading Icon

Simple, Low-Risk Options Strategies, Advanced Strategy Builder & Analysis

Download:

Android iOS

Application information

Category Finance
Downloads Over 2.5 Million Downloads
Features Sensibull is an app for option strategies offering a strategy builder, analysis tools, real-time price and P&L alerts, and learning resources for both beginners and experts.
Who It’s For Sensibull is for anyone looking to trade options, from beginners to experienced traders. It caters to both those looking for simplified strategies and those seeking to build and analyze advanced options strategies.
Sensibull for Options Trading - Options Strategy Builder, Real-time price alerts, Trade options with real
  • Tags:
  • Beginner-friendly options trading
  • Advanced options strategy builder
  • Real-time price and P&L alerts

Sensibull is a popular app for option strategies, lauded for its comprehensive features and ability to cater to both beginners and experienced traders. However, users have voiced concerns about the app's performance, specifically citing slow loading times and frequent login requests. Additionally, navigating the app on mobile devices, particularly foldables and tablets, can be cumbersome due to a lack of optimization. Users have also expressed a desire for improved UI clarity and the inclusion of a widget to track virtual orders, eliminating the need for constant app launches. While the app's potential is evident, Sensibull could benefit from addressing these usability issues to further enhance its user experience.. Sensibull for Options Trading

Pros & Cons

  • Powerful strategy builder
  • Provides analysis & insights
  • Virtual trading for practice
  • Good for learning options
  • Slow loading times
  • Buggy navigation issues
  • Limited mobile device support

Why we chose it?

Sensibull is my go-to app for options trading because it's super user-friendly even for beginners! The strategy builder is fantastic for crafting complex strategies, and real-time P&L alerts keep me on top of my trades. I highly recommend it for anyone looking to take their options game to the next level!

6. Option Strategy Builder

Option Strategy Builder Icon

Generates option strategies based on view, Analyzes strategies with payoff graph

Download:

Android

Application information

Category Finance
Downloads Over 30,000 downloads
Features This app generates option strategies based on your view about Nifty and Bank Nifty with live data, analyzes risk involved, and displays payoff graphs for each strategy.
Who It’s For Option traders of all skill levels, from beginners to professionals, seeking to learn and execute effective strategies.
Option Strategy Builder - Free forever, Virtual paper trading, Payoff graph analysis
  • Tags:
  • Real-time market data
  • Smart strategy generation
  • Risk assessment tool

"Option Strategy Builder" is a user-friendly app that simplifies the world of option strategies for both beginners and seasoned traders. This powerful tool allows you to create and analyze strategies with ease, ensuring you understand the potential risks and rewards involved. While the app currently lacks live data, its intuitive interface and the ability to create custom strategies make it a valuable resource for anyone looking to explore the exciting world of options trading.

Pros & Cons

  • Simple and easy to use
  • Helpful for beginners
  • Creates option strategies
  • Widely accessible and popular
  • No live data available
  • Contains ads
  • No option to remove ads

Why we chose it?

Hey there, option traders! I'm the creator of Option Strategy Builder, and I think you should definitely check it out! My app is all about helping you make smart, informed decisions, with features like live data, payoff graphs, and risk analysis. Plus, it's completely free, so you can explore different strategies without breaking the bank. What's not to love?