Paper portfolio
Every paper trade, marked at live prices.
Settled honestly.
An options paper portfolio for practising the structures the Scanner finds: fills at the card price, marks from the live tape, closes at live prices, automatic settlement at intrinsic value, and on Pro the dealer gamma exposure on the tickers you hold. $25,000 to practise with on the free plan.
Pro access for 7 days · then Trader $29/mo · card required · cancel anytime
or start on the free planFree: $25,000 balance, 10 open positions. Trader: $100,000, unlimited positions. Pro: $250,000, unlimited.
What it does
Fills at the price on the card
Every play the Scanner ranks has a Paper Trade button. Tap it and the contract fills at the card's price and lands in the portfolio with its legs, entry premium and expiration.
Marked against the live tape
Open positions are re-marked on every refresh from the live option quotes: mid, then last trade, then day close. A contract with no honest price keeps its last mark and shows a dash, never a fake zero.
Closes at live prices, settles at intrinsic
Close a position and the fill is fetched from the chain at that moment. Hold it to expiry and it settles automatically at intrinsic value from the expiration-day close. Cash always balances in the same transaction.
P&L you can audit
Open and closed P&L, cost basis across every trade, win and loss counts, and the payoff curve for each structure. Percentages span what they sum; nothing is reconstructed from a rounded rate.
Dealer gamma on what you hold (Pro)
Pro aggregates GEX across your largest held tickers so you can see where hedging pressure sits around your positions, next to the same GEX map and flow tape the rest of the app uses.
Journal and export (paid plans)
Trader adds win-rate analytics and CSV export; Pro adds the trade journal with your own notes and tags, and multiple portfolios.
What it does not do
It does not connect to a broker, accept position files from elsewhere, generate hedge trades or run scenario simulations. It shows you real marks, real settlement and real dealer positioning; the decisions stay yours. Not advice.
By plan
| Free | Trader $29/mo | Pro $79/mo | |
|---|---|---|---|
| Starting balance | $25,000 | $100,000 | $250,000 |
| Open positions | 10 | Unlimited | Unlimited |
| Win-rate analytics | — | ||
| CSV export | — | ||
| Trade journal | — | — | |
| Multiple portfolios | — | — | |
| GEX on held tickers | — | — |
Limits and prices come from the configuration the product runs on. Full pricing.
Frequently asked questions
- Is this a real-money portfolio?
- No. It is a paper portfolio. Positions fill at the price on the Scanner card, are marked against the live option tape on every refresh, close at live prices, and settle at intrinsic value if held to expiration. The free plan starts with $25,000 and up to 10 open positions; Trader starts with $100,000 and Pro with $250,000, both with unlimited positions.
- Can I upload or import positions from my broker?
- Not yet. Positions come from the Scanner's Paper Trade button or the trade cards the AI Advisor hands back. There is no CSV upload or broker connection.
- Does it suggest hedges?
- No. On Pro the portfolio shows dealer gamma exposure aggregated across the tickers you hold, next to the same GEX map and flow tape the rest of the app uses, so you can see where hedging pressure sits around your positions. Choosing and sizing a hedge is yours; OptionScout is an analytical tool, not advice.
- What does the journal do?
- On Pro, every closed trade can carry notes and tags you type, and the journal filters by them. Win rate and P&L analytics are on Trader ($29/month) and Pro ($79/month); CSV export of positions is on both paid plans.
- How are marks and expirations handled?
- Marks are real prices or absent: mid, then last trade, then day close, never a guess. A contract with no price keeps its last mark and shows a dash rather than a fake zero. Expired positions settle automatically at intrinsic value from the expiration-day close, and cash always balances in the same transaction as the position change.
Practise the structure before you pay for it
Scan a ticker, paper trade the play, and read the paper trading page for how fills, marks and settlement work.
Pro access for 7 days · then Trader $29/mo · card required · cancel anytime
or start on the free plan