Covered call app for iPhone

OptionsKing is on the App Store, it is free, and the same thing runs in a browser at optionsking.app if you would rather not install it. Here is what it does on an iPhone, and what to check in any app that says it will find you covered calls.

Straight answer first, because the rest of this page is not worth much if it starts with a fudge. It is on the App Store, it costs nothing, there is no trial and no upgrade screen, and it wants iOS 16 or later. The button at the bottom of this page is the listing. If you are reading this on a laptop, scan the code next to it with the phone you want it on.

The app and the website run the same code. Installing gets you the daily 9am scan as a push notification and a working app when you have no signal; the browser gets you everything else. Open optionsking.app in Safari, tap the share button, then Add to Home Screen. It gets an icon and opens without the browser chrome. That is a reasonable middle if you do not want another icon from another company on your phone.

What it does on iPhone

• Gives covered call candidates on your watchlist a confidence score from 0 to 100 and lists them highest first, with the return on the shares each one ties up as a filter.
• Shows the strike, the credit, the break-even, the annualized return and the odds of keeping the shares.
• Records what you actually collected, and what the position returned against just holding the stock.
• Runs twelve calculators with no account and no data stored.

What it never does, on any platform: connect to a brokerage account, place an order, or claim a delayed quote is live.

What to look for in any covered call app

• Does it show liquidity on the row? Open interest and the spread decide your fill. A yield without them is half a number.
• Does it flag earnings inside the expiry? That single date changes the trade more than the strike does.
• Can it tell you there is nothing worth doing today? Most cannot, because an empty screen looks like a broken app.
• Does it keep score? If it never revisits the trades it suggested, you have no way to know if it helped.

The alternatives on iPhone

Your broker's own app is the obvious one, it is free, and its chain is real-time and authoritative on fills. Use it. the Android version of this page covers the same ground for the other platform, and the screener comparison covers the desktop tools, most of which are websites that happen to work on a phone rather than real mobile apps.

Where OptionsKing is weak

It is new. Both apps are in the stores, both listings are new, and the review counts say so. It covers 60 tickers on the public data pages, not five thousand. It does one strategy family, premium selling, and it has nothing to say about spreads, calendars, or anything you would put on in a directional bet.

And the bar cuts both ways. On the first public snapshot, taken in a dead-flat low-volatility tape, not one strike across all 60 names cleared it. Zero. A screener with a looser bar would have handed you a full page of ideas that week, and some of them would have worked out fine.

Questions people actually ask

Related calculators

• Covered call calculator premium, break-even, static and if-called return, annualized.
• Cash-secured put calculator capital tied up, break-even, return on that capital.
• Wheel strategy calculator a full cycle, put entry through covered call exit.
• Assignment probability calculator delta to keep-odds, with the caveat that matters.

Nothing here is investment advice, and market data in the app is delayed and labelled as such. See the disclaimer.