Education, with virtual money
Learn options by doing it, with no real money at risk
Live through a sudden crash or an earnings day on an invented market. Place real kinds of orders, watch time and volatility work on your options, and see what happened to your account.
Four practices
First steps: a calm market
Placing orders, spreads, and what buying, selling and holding do to an account.
Earnings day: the volatility crush
Why options cost more before an announced event, and lose that premium after it, even when the guess of direction is right.
Sudden crash: margin and risk
How losses and volatility arrive together, how margin calls work, and why position size matters more than a good idea.
Going nowhere: time decay
How time decay eats long options in a flat market, and the risks taken on by those who sell them.
What this is, and what it is not
- The companies and prices are invented, so nothing here is a tip about a real stock.
- The money is virtual and fills are simulated. Real trading costs more and fills worse.
- This is education, not investment advice. We do not tell anyone what to buy or sell, and results here do not predict real results.
- Options and leverage can lose real money quickly. Practice does not remove that risk.