Do you have experience with https://optionstrat.com/ to manage butterflies with adjustments? At the moment I use the OptionNet Explorer. It does a good job and I'am able to monitor the P/L of butterflies beyond adjustments. Now I have to decide if I want to extend my subscription or switch to another tool. So if somebody has experience with Optionstrat it would be nice if you write about it.
What do you think about Optionstrat as alternative to ONE?
- Thread starter M12
- Start date
Hi
I have used Optionstrat in parallel to a more expensive German tool, Optionstrat is very userfriendly and gives me enough information to manage my butterflys and other setups. Now I give up the more expensive tool and stay only with optionstrat, I took the real time prices for about 14.- a month, you can cancel at any time, I don´t need the premium with option flow. You can follow your adjustments very easily and it gives you the Greeks you need. The T+0 lines could be more explicit, but you can see the evolution over time with enough information, visually the tool is excellent and the calculations are correct, when I compare to IB. A plus is that the guy who runs it is very receptive to suggestions for improving the tool for multi-leg option set-ups.
Henri
I have used Optionstrat in parallel to a more expensive German tool, Optionstrat is very userfriendly and gives me enough information to manage my butterflys and other setups. Now I give up the more expensive tool and stay only with optionstrat, I took the real time prices for about 14.- a month, you can cancel at any time, I don´t need the premium with option flow. You can follow your adjustments very easily and it gives you the Greeks you need. The T+0 lines could be more explicit, but you can see the evolution over time with enough information, visually the tool is excellent and the calculations are correct, when I compare to IB. A plus is that the guy who runs it is very receptive to suggestions for improving the tool for multi-leg option set-ups.
Henri
Same question here. I have been trying t renew ONE for the last few days, but they seem to have some really rather anti-commercial practices going on (I noted Steve Ganz's great forewarning about this in the fall at the time) : after my payment getting rejected several times , i wrote in : then the next morning the renewal amount doubled and went up to 1000 GBP with sales taxes of 20% on top on the grounds that I must be using it for commercial purposes! (I got an email to this end too.) Dont go there!! I use option strat too. Can be a bit fiddly to change the strikes and make adjustments (or is there something I am missing?)...Any other suggestions? I have OptionVue but i sometimes have data issues..looking forward to the new version though.
CAn i ask what the German tool is? Cheers
Ok, thanks for the infos. I hadn't heard of that yet. The official price for ONE is still 500 GBP for private persons. Maybe they detected that you payed with a company credit card and they have other conditions for companies?? Don't know it, it's only a thought.
Just trying OptionStrat and ONE parallel. OptionStrat is more simple, but offers a good price-performance ratio. Yesterday I missed the possibility to type in the execution price for a whole combo. Only found that I can set the price per leg. It's more work, but maybe it makes more sense?
Otherwise I know only TOS a little. Most say it's not allowed and possible for german users, some say it's possible. Until now I don't know how they can use it.
Yes, something like that - I am a private person but use an LLC (no change as to when I signed up) …but let’s double the price anyway! So that’s ONE over with! I find it hard on option strat to put the right prices quickly and then make adjustments. As you say you have to put each piece per leg. TOS, despite rumours I think is still a no-no for anyone in Europe. Great shame. If you have any other ideas, please let me know. 
This post gave me the idea of actually attaching a mouse to the ipad i was using OptionStrat with. Duh. Now works just fine : problem of fiddling around with fingers on those sliders was making me mad. I had always used OS with the ipad, so this brilliant idea had not occurred until lunch time! Thank you!
Try an Apple Pen. Lots of cheap clones of Apple Pens out there as well.
can atttest to the issues charging ONE on a credit card. They told me I needed to revert back a fraudulent charge that was placed by the logitech website on an old card that had been closed for years. No way to revert that charge even If I wanted to with the cc closed.
Ended up using a different credit card with different address email and name and have charged twice without problems.
Steve G
Active member
Hello All - I am a contributing trader/educator for Optionstrat at Optionstrat.com and they have a great product. Easy to use, great interface and great learning tool - however, it is not the same type of product that ONE, OptionTradersAssistant or Optionvue are as you really can not easily track adjustments, pull reports, etc.
I have talked to Heath (the founder) about this a number of times and they may get there, but right now their focus is more on the newer trader looking to understand what an Iron Condor, Iron Butterfly, etc. is and how those trades work as opposed to managing and adjusting a campaign style trade like most of us do.
That said, if anyone wants to checkout a free trial of Optionstrat - here is my affiliate link you can use: https://optionstrat.com/steveganz
I have talked to Heath (the founder) about this a number of times and they may get there, but right now their focus is more on the newer trader looking to understand what an Iron Condor, Iron Butterfly, etc. is and how those trades work as opposed to managing and adjusting a campaign style trade like most of us do.
That said, if anyone wants to checkout a free trial of Optionstrat - here is my affiliate link you can use: https://optionstrat.com/steveganz