Options Trading Simulator

Learn options trading the way professionals do: a structured academy, a full set of options tools, and a simulator that shows exactly why each trade made or lost money.

ACADEMY: 7 LEVELS, 50 LESSONS
• Foundations: calls, puts, strikes, expiry, reading an option chain
• Pricing and the Greeks: delta, gamma, theta, vega, implied volatility, IV rank, the expected move, earnings and the volatility crush
• Buying options: choosing strike and expiry, debit spreads, straddles, LEAPS
• Selling premium: cash-secured puts, covered calls, the Wheel, credit spreads, iron condors, managing winners and losers
• Advanced structures: calendars, diagonals, butterflies, ratio spreads, jade lizards
• Risk and trade management: position sizing, buying power, rolling, adjusting, portfolio Greeks
• Trader's playbook: your trading plan, journaling, psychology, 0DTE research, tax basics
Interactive charts, quizzes, level exams and a daily drill to keep your streak.

TOOLS
• Option chain with bid/ask, implied volatility and the Greeks
• Strategy builder: up to 4 legs, profit and loss chart, break-evens, chance of profit, what-if date and volatility sliders
• Strategy finder, IV rank scanner and earnings calendar with implied vs past moves
• Options calculator, probability calculator and position sizer

SIMULATOR
• Paper trade with $50,000 of play money
• Realistic fills, commissions, collateral, exercise and assignment
• Skip ahead in time to watch time decay, earnings and expiry play out
• The Verdict: every closed trade split into direction, time decay, volatility and trading costs

Options involve risk and are not suitable for every investor. This app is for education and practice only and does not provide investment advice. Market data in the simulator is simulated.

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