Simpler Options iPhone App: Option Trading with Iron Condor
Blue Whale recently developed an iPhone app for a company called Simpler Options. They are an options trading company based out of Austin, Texas. Their app is a free tool that allows a user to calculate the first and second deviation strikes for using an Iron Condor options strategy.
For those of you who aren’t familiar with trading, the standard deviation is known as historical volatility and is used by many investors and institutions as a gauge for the amount of expected volatility.
Simpler Options also has a free newsletter that a user can sign up for in the app to receive expert advice on options trading.