Learn options from zero, in plain English, then practice with $50,000 of play money. No experience needed, no sign-up, and nothing you do in the app can cost you real money.
START FROM ZERO
Level 1 explains what an option is, one idea at a time, with charts you drag yourself. Twelve short lessons take you from your first call to your first practice trade. Each lesson takes about three minutes.
ACADEMY: 7 LEVELS, 53 LESSONS
• The basics: calls, puts, strike, expiry, break-even, reading an option chain
• What moves the price: the four Greeks, one at a time, and the earnings drop that surprises everyone
• Buying options: picking a strike and an expiry, puts as insurance, spreads, big-move bets, LEAPS
• Selling options: cash-secured puts, covered calls, the Wheel, put spreads, iron condors
• Advanced structures: calendars, the poor man's covered call, butterflies, ratio spreads
• Risk and trade management: how big to trade, buying power, rolling, adjusting
• Your playbook: a trading plan, a journal, psychology, same-day options, US tax basics
Quizzes, level exams and Options Daily: five new questions every day.
PRACTICE
• Quick trade: your first trade in four taps (a stock, up or down, how long, how bold)
• See what a trade could make or lose before you confirm
• Skip ahead in time and see how it ends
• Real broker rules: commissions, collateral, exercise and assignment
• The Verdict: a plain explanation of why each trade won or lost
TOOLS
• Option chain and strategy builder with profit and loss charts
• Earnings calendar, IV rank scanner and strategy finder
• Options calculator, probability calculator and position sizer
In English, Spanish, Portuguese, French, German and Italian.
Options involve risk and are not suitable for every investor. This app is for education and practice only and does not provide investment advice. Market data in the simulator is simulated.
PRO
Level 1, Quick trade and the Verdict are free. Pro unlocks levels 2 to 7, all 20 stocks, every tool and unlimited practice trades, as a monthly or yearly subscription or a one-time purchase. Payment is charged to your Google Play account at confirmation of purchase. Subscriptions renew automatically unless cancelled at least 24 hours before the end of the current period. Manage or cancel in Google Play > Subscriptions.
Terms: https://learnoptions.app/terms
Privacy: https://learnoptions.app/privacy
Learn options from zero in plain English, then practice with $50,000 play money.