Sensibull App Review

Sensibull is India’s best options trading platform, with a comprehensive range of tools and features designed to both beginners and seasoned specialists. Sensibull’s focus on simplicity and risk control allows beginners to explore low-risk options and strategies through a user-friendly interface, while experienced traders can benefit from a complex Options Strategy Builder. Traders can explore a variety of options, including NIFTY, BANKNIFTY, NSE Stocks, and USDINR (Dollar) options, which are backed by advanced analysis tools such as NSE Option Chain, Open Interest Analysis, FII DII Analysis, Option Price Calculators, and others.

Traders also benefit from real-time price and profit and loss alerts via WhatsApp, numerous options learning tools, and the ability to trade with real money or practise with virtual portfolios. Sensibull’s arsenal of ready-made options strategies, which includes call spreads, put spreads, straddles, iron condors, and more, adds to its appeal as a comprehensive and versatile platform for Indian options traders. India’s biggest Options Trading Platform. Trade low-risk Strategies, guess market direction with data, learn Options Trading.

• No extra brokerage charges to trade directly from Sensibull
• You only pay your normal brokerage to your broker.
• Easiest way to trade options
• Just guess up or down, and get Option Strategies.
• Get ready-made strategies
• Predict the index or a stock, and get the best Option Strategies
• Create your own strategies
• Create and analyse your own custom Options Strategies
• Easy to use named Portfolios
• Learn trading. Track your portfolios.
• NIFTY Heatmap
• Discover market trends at a glance
• #VerifiedBySensibull
• Share your verified P&L with the trading community

Benefits of Option Trading Using Sensibull.

Sensibull makes option trading simple and safe for you. It allows you to trade with minimal losses while preserving your funds. Sensibull allows you to design and analyse trades, learn and practice trading (paper trading), and uncover lucrative trades by leveraging extensive analytical data such as option chain, open interest, and option Greeks.

• Learn and develop option strategy.

Sensibull’s strategy builder allows you to easily learn and create customised options strategies

• Direction Predictor
• With option chain, open interest, FII-DII data, and multi-straddle-strangle charts, you can predict the direction of stocks/markets.
• Option Price Calculator

Choose a stock/index, expiry, CE/PE, future target, and target date to generate your profit/loss statement.

What are the charges of Sensibull?

For Zerodha and Angel One Customers Sensibull is 100% free for Zerodha and Angel One users. For all other Brokers Sensibull has two levels of plans. The free plan and the Pro Plan. The pro plan actual price is 1300 but you can get it for 800 aswell during offers and the free plan. Trading with Sensibull incurs no additional fees. Just pay the brokerage fees levied by your broker.

• Free Plan Features

Free Plan = Basket Orders + Basic Option Chain + Verified P&L + Daily Market Analysis + Learn Options Trading + Stock Results and Events Calendar + WhatsApp Alerts + Stock Data + Watchlist + Positions Page + FII DII Data.

• Pro Plan Features

Pro Plan = Easy Options + Virtual Portfolios + Strategies Wizard + Options Screener + Technical Signals + Positions (Grouping). + Strategy Builder + Live Options Charts + Multi Straddle-Strangle Charts + Open Interest Analysis+ Multi Strike OI + Analyse Widget on Option Chain + Analyse Widget on Positions Page + IV Chart.

Founder of Sensibull

Sensibull’s founder, Abid Hassan, previously worked as a trader with STCI, ICICI, and IIFL, specialising in derivatives. He has degrees from NIT Calicut and IIM Ahmedabad, demonstrating a solid academic foundation in finance and business. Abid’s expertise includes participating on SEBI’s Committee on Hedge Funds, demonstrating his thorough awareness of regulatory frameworks and financial markets. Abid is well-known for his charitable efforts in addition to his professional endeavours. On Friday evenings, he donates a major percentage of his earnings during poker games, exhibiting his dedication to giving back to the community. Furthermore, Abid is actively committed in solving the societal problem of gambling addiction, demonstrating a sense of responsibility for social concerns. Overall, Abid Hassan’s diverse background as a trader, academic achiever, and philanthropist displays his enthusiasm for finance, ethical trading procedures, and making a positive difference in the community.

Features of Sensibull

• Simple and Low-Risk Options for Beginners:

Sensibull offers beginner-friendly options and methods, ensuring a seamless transition into the world of options trading with minimal risk.

• Options Strategy Builder:

Advanced traders can use the Options Strategy Builder to design and analyse complicated options strategies, thereby optimising their trading strategy.

• Diverse Options Market Coverage: 

The platform provides a wide range of options, including NIFTY, BANKNIFTY, NSE Stocks, and USDINR (Dollar) options, providing a diverse trading environment.

• Comprehensive Analysis Tools: 

Traders can conduct in-depth analysis using NSE Option Chain, Open Interest Analysis, FII DII Analysis, Options in Price Calculators, Intraday F&O Charts, Implied Volatility (IV) Charts, and Futures Data.

• Options Data and Analytics: 

Use crucial options data like as Option Greeks, Put Call Ratio (PCR), IndiaVix, and other vital parameters to make sound trading decisions.

• Real-time Alerts: 

Stay informed with real-time price and profit and loss (P&L) alerts provided straight to WhatsApp, allowing for fast decision-making.

• Educational Resources: 

Sensibull provides a wealth of free options learning video lessons, allowing traders to improve their knowledge and skills in options trading.

• Virtual Portfolios:

Virtual portfolios allow you to practise and perfect trading techniques without risking real money, making them excellent for learning and experimentation.

• Ready-Made Options Strategies: 

To simplify trading execution, select from a variety of ready-made options strategies such as call spreads, put spreads, straddles, strangles, iron condors, iron butterflies, ratio spreads, and more.

Pros of Sensibull

• Options and strategies for low-risk trading are suitable for beginners.
• Expert traders can create advanced options strategies with this tool.
• Options market coverage includes NIFTY, BANKNIFTY, NSE Stocks, and USDINR options.
• Comprehensive analytical tools include the NSE Option Chain, Open Interest analytical, and Option Price Calculators.
• Real-time pricing and profit and loss alerts via WhatsApp.
• Free video tutorials for learning about choices.
• The ability to trade for real money or practise with virtual portfolios.
• Ready-made option strategies are available.

Cons of Sensibull

• UI navigation can be difficult due to the abundance of numbers.
• The lack of a widget for tracking virtual orders causes repeated app launches.
• Changing interfaces can create discomfort and require users to acclimatise.
• Bugs include technical concerns, such as sluggish performance, lack of dark mode, and login problems.
• Some brokers offer fewer functionality than others, resulting in a discrepancy in customer experience.
• Some users noticed chart freezing, data loading errors, and inconsistent performance.
• To opt for advanced features like multi-strategy generator, real-time profit and loss, compare options, and many others, the user needs to subscribe for the PRO version, which costs INR 800 per month with 18% GST.
• The beginner needs to have a basic knowledge about trading before could use the Sensibull platform.

Why Options Trading with Sensibull?

• Strategy Building

Now you can easily build trading strategies on futures & options with sensibull.

• Experts Recommendations

Get trading recommendations from a number of SEBI-registered experts.

• Virtual Trading

With Sensibull you can test your trading strategy virtually before you start real trading.

Conclusion

Sensibull is a top-tier options trading platform in India that provides a variety of features for both new and seasoned traders. Sensibull, founded by experienced trader and philanthropist Abid Hassan, offers simplicity, risk control, and a wide choice of options and techniques. Despite some UI navigation hurdles and technical issues, Sensibull’s comprehensive analysis tools, real-time alerts, educational resources, and ready-made strategies make it an appealing option for traders wishing to learn about options trading in a safe and efficient manner.