FEATURES and BENEFITS

   Latest FairOption version 3.2 (2022 release) *

• Fast Option Pricing in a fully interactive, two-way scrollable grid.
  (Similar to a spreadsheet display when using freeze panes for left column and top row headings, but in this case together with interative option cells).
• The Mac version can also displays option results in a two-way scrollable, sortable, and exportable table view. (Mac version only)
• Works great in Light and Dark Modes (plus in Landscape and Portrait orientations on iPhone and iPad).
• Greek values are displayed (with descriptions) by a single tap on any option result.
• Auto Sync of securities data between all the Apple platforms on which you purchase the app. The App is supplied per-platform, iPhone & iPad (known as iOS, or strictly iOS and iPadOS) are counted as a single device platform in terms of an Apple App Store purchase). i.e. one iPhone or iPad purchase should cover all the iPhones and iPads you own.
• Comprehensive Help document covering all app features and settings.
• Binomial and Black-Scholes pricing models are included. (The Binomial has an adjustable number of calculation steps and is more suited to American exercise-style options. The Black-Scholes-Merton model is better for pricing European options and is adapted for dividend-paying securities)
• Included Continuously Compounded Interest Rate calculator for input of the risk-free interest rate parameter. With extensive and detailed explanation contained within our help document on how bond (commonly known as Gilts in the UK) rates can be used to determine a suitable 'risk free' parameter value for option pricing calculations.
• Automatic strike price intervals that can be easily overridden with 1 tap.
• Three Window Pane arrangement on Mac. (i.e. Apple Mac can size and simultaneously display left securities sidebar, middle pane Option Results, and right Greeks pane)
• Editable default template for all new securities including their option settings.
• Various utilities, including for import/export of securities data to a local file (in JSON or CSV format) for spreadsheet analysis, or backup/restore purposes. (** not included on Apple Watch)
• Demo data utility: to help you get 'up-to-speed' together with the Help Document's 'Quick Start Guide'.
• Test Calc mode to set a fixed amount of time until option expiry for test and comparison purposes.
• No 'in-app' purchases. (It's already in there!)
• Designed by main Developer with over 30 years' experience of developing financial and option pricing software.

* Version 2 does not include various v3.2 features.

** As detailed in 'Utilities (Mac and iOS only)' section on Page 39 of the downloadable FairOption V3.2 Help Document : The utilities are currently not included on Watch as they are more suitable for larger devices with more segregated storage, and most users who have Apple Watch do also have an iPhone. (Therefore the same securities data can then be synched between the two devices and the utilities and data are accessible from the iPhone).