Options Trading Simulator

New here? An option is a contract that lets you bet on a stock's price without buying the stock itself. Pay a small amount now (the premium) for the right to buy or sell a stock at a set price (the strike) before a deadline (the expiration). This page lets you practice that with fake money.

This is a practice chain for a made-up stock, ABC Corp. The prices are real options math, the ticker is not. Follow the steps below, and by the end you will have opened a real practice position and seen exactly how its price breaks down.

Step 1: Choose Your Expiration

Expiration date

This is the deadline. After this date the contract ends, either used or worthless. More time left usually means a higher price, since more can happen before then.

Before you look at the chain: what do these words mean? Click any one.

Step 2: Pick a Strike, Then Buy or Sell

ABC Corp is trading at $200.00 right now

Calls sit on the left, puts on the right, strikes in the middle. Buy if you think that side gains value, Sell if you think it loses value.

Green = already worth something (ITM) Yellow = right where ABC is now (ATM) Plain = not worth anything yet (OTM)

CALLS						PUTS
Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol

Your Positions, Explained

Every contract you buy or sell above shows up here, explained in plain English: what you paid, what has to happen for you to profit, and the most you could lose.

Nothing open yet. Click a Buy or Sell button in the chain above to add your first position.

Your Positions, Explained

Buy Option