Intro
OptionsEQ is an equity options calculator app. The basic 99c version uses the Black-Scholes formula to calculate the value of European equity, currency, and index options.
An in app purchased $4.99 upgrade allows the app to utilize lattice (binomial and trinomial) and Monte Carlo methods to calculate the value of many more types of options.
Options EQ comes with over 80 examples installed from the most well-know options textbook and the ability to save and retrieve your own scenarios.
It is, however, only really useful to students and others who really understand how options pricing models can be applied. The app provides a suitable warning to discourage misuse and you will have to agree that you understand this before the app can be activated.
How can I use it?
The use of the OptionsEQ is both simple and capable of being customized to fit a wide range of option types. The Start screen explains it all.
