One tap from the play to the portfolio.
Pick a play in the Scanner and Paper Trade sits right under it. The contract fills at the price on the card — the live mid, or the last trade when quotes are thin, and the card tells you which — and the premium comes off your paper cash. The Advisor's trade cards carry the same button, so you can keep score on its ideas too.
- One contract per paper trade today; covered calls are not paper-tradeable yet
- Premium debited from your practice balance, like a real fill
- Same button on Advisor trade cards
Real prices, all the way through.
Marks refresh from live data — the mid, else the last trade, else VWAP — never a stored guess. Closes are priced by the server from live data at the moment you close; if there is no live price, the close waits rather than inventing one. Anything you hold past expiration settles at intrinsic value, exactly as it would with a broker.
- Server-priced closes; the client never supplies a fill
- No live price means no close, not a made-up one
- Expired positions settle at intrinsic value
See where you stand.
Every plan shows your trades, what you have invested and your total P&L. Trader adds win rate and closed-trade analytics and lets you export it all to CSV. Pro adds the trade journal — your own notes and tags on each closed trade, filterable by outcome and tag — multiple portfolios, and gamma exposure across the whole book.
- $25K free · $100K Trader · $250K Pro practice balance
- Win rate and closed-trade analytics on Trader
- Journal, multiple portfolios and portfolio GEX on Pro
Find it. Plan it. Prove it.
Paper trading is the last stop in one loop: the read on GEX, the ranked play in the Scanner, the plan from the Advisor, then a paper fill to see whether the idea holds against the real tape — before you put a dollar behind it.
Reps for three kinds of trader.
New to options
Learn what a spread does to your P/L before you learn it with money. Every play reads as a plain-English claim, and the P/L chart shows what happens at expiration.
Testing a structure
Same thesis, three structures — a long call, a debit spread, a put credit spread — and a live tape to settle which one you actually want to trade.
Advisor-curious
Paper every plan the Advisor gives you. Win rate on Trader and the journal on Pro turn a hunch about its ideas into a record.