Practice options trading with accurate Greeks calculation, realistic IV modeling, time decay simulation, and proper assignment mechanics. Experience what real options trading feels like before risking capital.
Join 5,000+ traders waiting for options paper trading
Options trading is complex. One wrong move can wipe out your account. Most platforms give you unrealistic fills and ignore critical factors like pin risk and early assignment.
Every feature designed to prepare you for real options trading
Real-time Delta, Gamma, Theta, Vega, and Rho calculations using professional pricing models.
Dynamic implied volatility with realistic smile, skew, and term structure effects.
Accurate margin calculations matching real broker requirements for all strategies.
Execute complex spreads as single orders with realistic fill prices and proper leg ratios.
Execute options orders with realistic fills based on market conditions and liquidity.
Handle exercise and assignment events with proper settlement and position management.
Learn options without the devastating losses. Understand Greeks, IV, and assignment risk in a safe environment before trading real money.
Test complex multi-leg strategies. See how they perform through earnings, dividends, and volatile markets without capital risk.
Perfect your covered calls, cash-secured puts, and credit spread strategies. Learn to manage assignment risk properly.
Practice 0DTE options trading. Experience gamma risk and rapid time decay without blowing up your account.
Test hedging strategies. See how protective puts and collars perform during market crashes and volatility spikes.
Teach options trading with realistic simulations. Students can experience pin risk and IV crush without financial consequences.
Options paper trading helps you understand these critical concepts before risking real money
Execute market, limit, and stop orders for options. Experience realistic fills based on bid-ask spreads and market liquidity.
Place multi-leg orders as single transactions. Execute spreads, condors, and butterflies with proper net pricing and simultaneous fills.
Manage open positions with real-time P&L tracking. Roll positions, adjust strikes, and handle assignments through our execution platform.
Execute individual options or complex multi-leg strategies. Our platform handles proper order routing and ensures all legs fill simultaneously.
Get realistic fills based on current market conditions. Experience how bid-ask spreads and liquidity affect your execution prices.
Modify and cancel orders in real-time. Track order status, partial fills, and execution reports through our comprehensive order management system.
Join thousands of traders waiting for the most realistic options trading simulator. Get early access and shape the features we build.