Pick a strategy, a stock and a year, and the simulator replays the market day by day from your entry to expiry, on real price history with its gaps, IV swings and news days. Each day you decide what to do: hold, roll, hedge, add a leg, close part of it or exit. Then see whether your plan survives.
- Set up the trade: choose the stock, year, month, entry date and expiry.
- Pick a strategy from 21, from covered calls and cash-secured puts to iron condors, straddles, calendars and ratio spreads, or build your own, and choose the lots.
- Play it forward a day at a time. Rebalance or defend it your way when the coach flags a tested strike, an earnings report or a profit target, and step back a day to try a different defence.
The fastest way to practise managing options trades like a pro, without risking real money.