Portfolio Armor

Published by: Launching Innovation
Downloads
Revenue

Description

Portfolio Armor helps you hedge your stocks and ETFs by showing you the optimal put options to give you the precise level of protection you want at the lowest cost. The capability to scan for optimal collars, which can lower the cost of hedging further, is available as an in-app subscription. A current list of Portfolio Armor's top names, which tend to beat the market most of the time, is available as another in-app subscription.
How it works:
You enter your US-traded stock or ETF position, and the maximum downside risk you are willing to accept for it (your "threshold"). Portfolio Armor then uses its proprietary algorithm to instantly scan and analyze all of the available put option contracts for the stock or ETF, searching for the optimal put option contracts to most economically hedge the position.
About Portfolio Armor’s proprietary algorithm:
Portfolio Armor’s algorithm was developed in conjunction with a postdoctoral fellow in the financial engineering department at Princeton University. It is model-independent and does not rely on any parametric assumptions, so there is no chance of model error. In some cases, the cost of protection may be higher than the loss you are looking to prevent. In those cases, Portfolio Armor will inform you that no optimal options are available.
Two in-app subscriptions are available:
1) Optimal Collars (auto-renewable) - Access to the Optimal Collar feature for $9.99 per month. Cancel anytime. *
2) Top Names (auto-renewable) - Access to Portfolio Armor's daily Top Ten List for $29.99 per month. Cancel anytime. *
Praise for Portfolio Armor:
"For a stock or ETF investor who wants to buy insurance against a loss greater than a set percentage, this clever program scans the matrix of striking prices and expirations to identify the most economical put option to accomplish the task. Choosing from the many alternatives can be a complicated task; this program makes it quick and easy."
-- Dr. Robert A. Strong, CFA, Professor of Finance, University of Maine
"Navigating derivatives markets can be daunting for many investors and so the benefits of hedging have usually been limited to professionals. Portfolio Armor is an innovative system that effectively identifies the lowest cost options for affordable hedging solutions. This tool is invaluable for investors who wish to protect their wealth against market drops."
-- Dr. Ren-Raw Chen, Professor of Finance, Fordham University
"In today's market environment, investors are increasingly concerned about downside risk. Portfolio Armor has been an effective tool in helping me protect my clients' portfolios."
-- Greg Clifton, Chartered Financial Consultant, Certified Financial Planner
"Portfolio Armor is exactly what I need to give me some confidence that I’m buying the right puts. (It’s real money after all) It’s so hard for a beginner like me to feel like I have all the numbers right."
-- Richard Carver, private investor
"I love that you invented a friendly tool that an options novice can use! Also, I love that your calculations are kept in the background (with no visible Greeks, break-even graphs, or lingo, and minimal, simple customer input)!"
-- Tom Patane, private Investor

* Your payment will be charged to your iTunes account at confirmation of purchase. Your subscription will automatically renew each month or year 24-hours before the end of the current period, and your credit card will be charged through your iTunes account unless auto-renew is turned off at least 24-hours before the end of the current period. You can turn off auto-renew at any time from your iTunes account settings. Any unused portion of a free trial period, if offered, will be forfeited when you purchase a subscription to that publication, where applicable. Prices shown are in U.S. dollars.
Privacy Policy: https://portfolioarmor.com/privacy-policy
Terms of Service: https://portfolioarmor.com/terms-and-conditions
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In-Apps

Optimal Collars
$2.99
Top Names Monthly
$29.99
Option Expirations
$2.99

Screenshots

Portfolio Armor FAQ

  • Is Portfolio Armor free?

    Yes, Portfolio Armor is free to download, however it contains in-app purchases or subscription offerings.

  • Is Portfolio Armor legit?

    Not enough reviews to make a reliable assessment. The app needs more user feedback.

    Thanks for the vote

  • How much does Portfolio Armor cost?

    Portfolio Armor has several in-app purchases/subscriptions, the average in-app price is 11.99 $.

  • What is Portfolio Armor revenue?

    To get estimated revenue of Portfolio Armor app and other AppStore insights you can sign up to AppTail Mobile Analytics Platform.

User Rating

4.43 out of 5

7 ratings in United States

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Ratings History

Portfolio Armor Reviews

Excellent App

Manyreddevils on

United States

An easy way to find the least expensive options to hedge. I like the new feature that lets you chose different expiration dates and compare the annualized cost.

Trader

Bob STL on

United States

Purchased app today. Had numerous questions on how to best utilize it. PA representative, David P. took the time to walk me through and answer all my questions, and after hours I might add. Great service.

Best app for portfolio safety

Kota Ramesh on

United States

Super app for options..Thanks to developer

Very helpful app

Renn Valo on

United States

Great app for the option enthusiasts.

Portfolio Armor

CastorPoll on

United States

As an active trader, I have found Portfolio Armor to be a great time saver, as well as a reliable information source.

Didn't see that one coming

Traderjeffb on

United States

First you pay for the App- Then you have to pay a subscription fee ... Didn't see that one coming It may be the best app in the world, I'll never know...

Great App - Does exactly what it is suppose to do - Huge Time Saver!

chuckc983 on

United States

This application is a huge time saver - you could spend hours sifting through puts of various strike prices and time frames looking for the best hedge. Or you can input a couple of numbers and let this application tell you what is available. The fact that it cost 12% to hedge a 20% draw down for 6 months should tell you something about the volitility of what you are investing in. Don't blame the app for not reducing the cost of puts! The app did exactly what it was suppose to - it let you know for a give security - protection is expensive - and it did this in 30 seconds instead of you having to do the calculations on your own. If you can find a more efficent put - this would be a reason to complain - but don't complain because you don't like the market. I use the the applicaiton to compair the difference in cost to insure different securities - if you are looking for cheap hedge for a 10% down side - you are not likely to find it - that's the market. I would like to see if the developers can come up with some easy way to research bear put spreads - as these can provide you with a limited range of down side protection for less cost. As for the rating - this application gets 5 stars - because it works great and gives me good information.

Very simple app

Alvarez80 on

United States

Enter the symbol, the share count, and the level of protection in percent drawdown or absolute lowest price, get the kind and count of puts to buy. It provides the best buy for odd lots as well as rounds, unless it cannot. Unfortunately, finding optimal puts for tight protection (10% or lower drawdown) seems almost impossible, even with the VIX at 17 as I write this. Also, optimal puts seem to be rather too close in time for comfort. Paying 12% for six months' protection from a 20% drawdown (worst case I saw) doesn't make me feel comfortable. It doesn't do fractional shares or lots under 100. Wish I could input the price I'd be wiling to pay, rather than max drawdown. Wish the help text for the drawdown field were not obscured by the keyboard. Keep these points in mind before you buy to ensure that the app fits your purposes. Perhaps better for the institutional investor than the individual hedger.

An excellent app

Southern Finance on

United States

An excellent app for finding optimal put options to hedge.

Store Rankings

Ranking History
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Category Rankings
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Category
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Top Paid
62
Top Paid
126
Top Paid
138
Top Paid
147
Top Paid
151

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Portfolio Armor Installs

Last 30 days

Portfolio Armor Revenue

Last 30 days

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App Info

Category
Finance
Languages
English
Recent release
3.1.6 (4 months ago )
Released on
Oct 4, 2010 (14 years ago )
Last Updated
8 hours ago
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