Stocks & Options Pro is the most advanced Windows Phone applicationfor managing both stock and option investments. It currently enjoys a 4.5/5.0star rating in Windows Phone Marketplace.
For stocks, the application features a watchlist and aportfolio. The watchlist is used to monitor stocks, their prices and latestheadline news.
For each stock in the portfolio, a user can record variouspurchases, including dividend reinvestment, and see the current market value,cost basis and unrealized gain (or loss) for each transaction, as well as thelong-term or short-term capital gain or loss should the stock be sold. Holdings in the stock portfolio can bevisualized using one of the four views: summary, performance, pie chart or barchart, or be displayed on the app’s Live Tile.
The application’s main strength is its advanced optionsfeatures and no other mobile application today offers anything comparable. Similarto stocks, the app features a watchlist to monitor the prices of calls and putsfor different strikes and expirations, as well as a portfolio to manage bothsimple call/put or advanced (such as strangle, straddle, spreads, multi-leg,etc…) option contracts.
When establishing an option position, the app providesguidance and analyzes the contract’s potential profits versus risks. This also servesto determine the optimum number of contracts. As the option contract approachesexpiration, the option's time value premium dissipates. The price of theunderlying stock may also move in un-anticipated directions. The app looks atall these data points and offers follow-up suggestions to extract additionalreturn, lock in profits or reduce losses.
Stocks & Option Pro is designed for sophisticatedinvestors who employ advanced option strategies to complement stock investing.It is priced at $9.99 and carries a 4.5/5.0 rating.
Stocks & Options also has Standard and Lite editions.The Standard edition does not have the advanced option features found in thePro edition. It is suitable for investors who mostly employ call or putstrategies. It is priced at $1.99 and carries a 4.5/5.0 rating.
The Lite edition has most of the features from the Standardedition. It is free and displays Ads. It currently carries a 4.0/5.0 rating.
Detailed comparison of the three editions can be found athttp://eValueInsight.com
