Options Grasper app for iPhone and iPad

****Update: April 13th 2010****
Version 1.01 has been submitted to Apple for review. This version fixes the issue with using decimal numbers.
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Do you want to understand options as the pros do?

Meet Options Grasper.

Options Grasper is a unique iPhone application that allows you to graph traditional hockey sticks graph to show the payoff of an options position. You can add as many positions as you want and see your maximum loss, break even and maximum gain. If you are a student studying options or a professional who wants to create custom position in the market, this application is a must. Options Grasper allows you to learn and
understand options in their basic form and show you the maximum risk/reward of the payoff.

For example, say you want to create a call spread payoff, but you want a bigger return for a little bit more of risk, just add another call option! Options Grasper graphs it for you so you can easily understand the payoff at maturity. You can add and save your custom created payoffs.

For a price of a Latte, you can see your options position in an easy to understand graph.

Please send your questions and comments to [email protected]. We will constantly be updating Options Grasper so we would like to hear from you.