Options education

Read the payoff, not the noise.

A visual, offline-first companion for equity options. Build a multi-leg position, watch the Greeks and the payoff move, and follow a curated path to the Iron Condor.

Get it on Google Play Download on the App Store

Browse strategies

Free. No account, no signup. Your progress stays on your device.

Iron Condor payoff at expiry

Defined risk

Profit zone Loss zone Breakeven

Lessons

Four tracks, from your first call to a full Iron Condor

Strategies

Each one with a live payoff diagram and Greeks

Glossary terms

Plain-language definitions, no wall of jargon

100%

Offline

No account, no signup, learn with no signal

What you get

A simulator, a path, and the math, all on your phone

Multi-leg simulator

Stack up to four legs and watch the payoff, breakevens, and Greeks recompute live. Pull a live options chain by ticker, or work from typical IV offline.

Fast track to the condor

Nine curated lessons take you from reading a chain to running an Iron Condor, in the order that gets you there fastest.

Built to stay offline

Lessons, the strategy catalog, the glossary, and every calculation live on your device. Black-Scholes, lognormal probability, and T+N curves run locally.

Screenshots

See it before you install

Learn on the web

Every lesson and strategy, summarized and searchable. The full depth lives in the app.

Browse all lessons Browse strategies

FAQ

Questions, answered

Is Iron Condor Options free?

Yes. Every lesson, strategy, and the simulator are free. There is one optional purchase to remove ads, paid once, never a subscription.

Do I need an account?

No. There is no signup and no login. Your progress and saved positions stay on your device.

Does it work offline?

Yes, it is offline-first. Lessons, the strategy catalog, the glossary, and every calculation run locally. The optional live options chain is the only thing that needs a connection.

What is an Iron Condor?

A defined-risk, neutral strategy: a short put spread plus a short call spread. You profit when the underlying stays between the two short strikes. The app teaches it step by step.

Can I place real trades in the app?

No. It is an educational tool with no brokerage and no real orders. Always confirm prices and risk with your broker before trading.

Is it for beginners or advanced traders?

Both. Start with calls and puts in the Foundations track, or jump straight to designing multi-leg strategies in the simulator.

What can the simulator do?

Build up to four legs, adjust spot, implied volatility, and days to expiry, and watch the payoff, breakevens, and Greeks update live. Pull a live chain by ticker or work from typical IV.

Which languages and platforms?

English, Português, and Español, on Android and iOS.

Start with the signature trade.

Free to learn. Optional one-time purchase to remove ads.

Get it on Google Play Download on the App Store

Android and iOS. English, Português, Español.