Online Options Trading Simulator
Three tools in one platform. Practice on a live chain simulator that replays real historical data with live IV and greeks, price a single position on any past date with the execution simulator, or run one rule across hundreds of trading days with the options strategy backtester.
Three Tools, One Platform
They sound similar but they answer three different questions: can I trade this session?, what happened to this position?, and does this rule hold up? Use them together or independently.
Options Chain Simulator
One date · you place the orders
"Can I practice trading a past session as it unfolds?"
A real-time replaying options chain with live IV and greeks. Click bid/ask to place orders, see fills as the chain advances, and build the same muscle memory you need for live trading.
- Click bid/ask cells to instantly queue orders
- Market and limit orders with real fill simulation
- Build multi-leg strategies before sending
- Speed up to 100x, pause, seek to any time
- Live IV, delta, gamma, theta and vega in the chain
- Every fill auto-saved to your journal
Options Execution Simulator
One date · no clicking, it just prices it
"What happened to this exact position, minute by minute?"
Define one position with up to 10 legs on one historical date and instantly see per-contract PnL, entry/exit prices, and a combined options price chart overlaid on the underlying.
- Up to 10 legs: any strike, any expiry, buy or sell
- Per-contract entry/exit price and PnL breakdown
- Combined options price chart vs underlying
- Learn how spreads, condors, straddles actually move
- Add simulated trades directly to your journal
Options Strategy Backtester
NewHundreds of dates · one rule, repeated
"Does this rule actually hold up over time?"
Write the rule once (sell the ATM straddle on the nearest weekly at 09:20, close at 15:15) and we rebuild and re-price it on every trading day in your range, then hand you the statistics.
- Relative strikes re-picked from ATM every single day
- Win rate, expectancy, max drawdown, streaks, equity curve
- Per-leg stops and targets, daily MTM caps, costs
- Realized payoff curve built from real fills, not theory
- US and NSE options, every day pushed to your journal
Chain vs Execution vs Backtester: which one do I use?
The names overlap, the jobs do not. This is the short version.
| Options Chain Simulator | Options Execution Simulator | Options Strategy Backtester | |
|---|---|---|---|
| Question it answers | Can I trade this session as it unfolds? | What happened to this position? | Does this rule hold up? |
| How many dates | One session, replayed | One date | Every trading day in your range |
| Who picks the strikes | You do, by clicking the chain | You do, once, by name | A rule does, re-applied daily from ATM |
| You get back | Live fills, live IV and greeks, running PnL | Per-leg PnL, best exit, combined price chart | Win rate, expectancy, drawdown, equity curve |
| Best for | Building execution skill and reading the chain | Post-mortems on one interesting day | Deciding whether a strategy is worth trading |
| Markets | US + NSE | US + NSE | US + NSE |
Most traders use all three: find something promising in the Backtester, open one interesting day in the Execution Simulator to see how it really played out, then practice trading that day live in the Chain Simulator.
Options Chain Simulator
The first (and only) online options chain simulator. Trade a replaying chain just like you would on your broker's platform, except you are using historical data and zero real capital.
Trade the Chain Like Your Broker
Select any US equity or index (AAPL, TSLA, SPX, SPY), pick a date, and press play. The full options chain loads with all available expiries and strikes, updating in real time as the simulation advances.
Click any bid cell to sell or ask cell to buy. Your order is queued instantly. Select multiple strikes and expiries to build a spread, condor, or any combination before sending.
100x
Max speed
4 states
Pending, Submitted, Filled, Canceled
Market + Limit
Order types
Auto-journal
Every fill recorded
Full Order Management
Every order flows through a realistic lifecycle: pending, submitted, filled or canceled. You have full control at each stage.
-
Send: Submit a pending order for fill simulation
-
Close: Create an opposite-side order to flatten a position
-
Repeat: Clone any order to add more size or roll
-
Delete: Cancel pending or submitted orders
Speed Control and Resizable Layouts
Fast-forward through quiet periods at up to 100x speed, then slow down when the action starts. Pause at any moment to analyze the chain, or seek directly to any time of day. The chain, charts and order table all update instantly.
Drag the border between chart panels to resize them, and use multiple layout presets to arrange charts, chain and orders the way you prefer. Double-click a border to reset.
Options simulator layout options
Live Implied Volatility and Greeks in the Chain
The simulator now solves IV and the greeks on every replay tick. Each contract's implied volatility, delta, gamma, theta and vega come from the actual historical bid/ask on the tape, and they keep re-pricing as the underlying moves, not just when that contract happens to trade.
You could always see what a contract cost. Now you can see why it cost that, and what it will do next.
-
Three display modes: IV + Delta, all greeks (adds gamma, vega and theta to both sides), or off for the original clean chain. Your choice is remembered.
-
Net position greeks in the header: live Δ, Γ, Θ and V across every open leg, next to your Open / Closed / Total PnL. Stage a spread, send it, and watch them move as the replay runs.
-
Per-position greeks too: optional Pos Delta / Gamma / Theta / Vega columns on the Positions tab, so you can see which leg is actually carrying your risk.
-
Priced against a proper forward: solved from put-call parity in the chain itself, so dividends on stocks and the futures-vs-index gap on index sessions are handled automatically. Nothing to configure.
Deep in the wings and in the last minutes before expiry, IV genuinely is not recoverable from the price. Those cells are left blank rather than filled with a confident-looking number that means nothing. Everything is computed in your browser from data the simulator already loads, so there is no extra loading time and no slowdown at high replay speed.
Read the full greeks updateOptions Execution Simulator
Backtest any options strategy against real historical contract data. See exactly how each leg performed and watch the combined position price move alongside the underlying.
Define Any Strategy, Up to 10 Legs
Enter a symbol, set entry and exit dates, then add option legs. Choose any available strike and expiry, mark each leg as buy or sell, and select call or put. The simulator pulls real contract pricing from a massive historical database.
Build anything: vertical spreads, iron condors, butterflies, calendar spreads, strangles, or even single-leg positions. All with actual historical data going back to January 2022.
Full execution simulator guidePer-Contract PnL Breakdown
After simulation, each leg shows its entry price, exit price, PnL per contract, and total PnL. Click the chart icon on any row to see that individual contract's OHLC price chart for the entire duration.
This level of detail is not available anywhere else. Brokers show you P&L after the fact, but never let you examine per-leg pricing at this granularity for any historical date you choose.
Combined Options Price Chart vs Underlying
This is the feature that makes the execution simulator unique. The combined chart sums the prices of all your legs (accounting for buys vs sells) and plots the result alongside the underlying's price for the entire trade duration.
See exactly how your iron condor position moved while AAPL drifted sideways, or how a long straddle reacted to an earnings gap. Most brokers never show you this, not even in post-trade analysis.
Options Strategy Backtester
The other two tools work on one date. This one takes a single rule and runs it across hundreds of trading days, then gives you the win rate, drawdown, expectancy, streaks and equity curve for the whole sample. On both US and NSE options.
Describe the Rule, Not the Contract
"Sell the NIFTY 24500 call expiring 12 June" is fine for one trade and useless as a rule. Repeat it for six months and you are testing one stale strike, not a strategy.
So instead of naming a strike you describe how to pick one: ATM, ATM +/- N strikes, +/- N%, or +/- N points. Same for expiry: nearest weekly, nearest monthly, 0DTE, 1DTE or a target DTE. Every morning we look at where the market actually opened, apply your description, and pick whichever contract was genuinely listed that day.
Worked example. Your rule is "sell the ATM call on the nearest weekly". Monday NIFTY opens at 24,512 so we sell the 24500 call expiring Thursday. Tuesday it is at 24,738 so we sell the 24750 call. Different contract, same rule. That is the whole trick.
Up to 8 legs, or start from a template: short straddle, short strangle, long straddle, long strangle, iron condor, iron fly, call vertical, put vertical. One Width box resizes the whole structure.
A Distribution, Not a Single Result
Every trading day in your range becomes its own trade. Test 120 days and you get 120 little trades plus one set of statistics describing all of them: total net PnL, win rate, max drawdown with recovery time, expectancy, profit factor, best and worst day, longest win and loss streaks, and total costs vs gross.
-
Realized payoff curve. Every day's actual PnL plotted against how far the underlying moved. A normal payoff diagram is theory; this one is built from real fills, so decay and volatility are already baked in.
-
PnL by weekday, by DTE and by time of day. Find out whether your edge is really in 0DTE, whether Mondays are the problem, and when in the session the money is actually made.
-
Commission and slippage built in. Charged on both sides, with gross and net shown side by side. Changing a cost assumption re-prices instantly without refetching anything.
-
Days with no data are excluded and counted, never quietly treated as flat days. If exclusions go past 20% of the range we say so directly.
-
Push the whole run into your journal. Each day becomes its own trade with full entry and exit executions per leg, respecting whatever the Days table is filtered to.
8 legs
Per backtested strategy
8 templates
Straddles, strangles, condors, verticals
US + NSE
Only tool covering both markets
Cached
Changing rules or costs refetches nothing
Practice Any Options Strategy
Both tools support the full range of options strategies. Here are common setups traders simulate on TradesViz.
Iron Condor
Sell an OTM call spread and put spread. Profit if the stock stays in range. Simulate on historical earnings days to see how theta decay and vol crush play out.
Vertical Spreads
Bull call or bear put spreads. Pick different widths and expiries to learn how strike selection and DTE affect risk/reward.
Straddle / Strangle
Buy both sides around a key event. The execution simulator shows exactly how the combined position reacts to a big move or a disappointing non-move.
Butterfly
Three-strike strategies that profit from a specific price target. See how the position PnL changes minute by minute as expiry approaches.
Calendar Spread
Different expiries, same strike. Simulate how front-month decay outpaces the back month. Great for learning DTE dynamics.
0-DTE / Same-Day
Practice 0-DTE SPX or SPY strategies in the chain simulator. See how rapidly gamma and theta shift on the final day.
Options Data Coverage
TradesViz is also the universal simulator covering stocks, futures, forex, crypto and options on one platform. For options, we have the deepest historical data of any online simulator.
US Equity & Index Options
All optionable US stocks and indices: AAPL, TSLA, AMZN, MSFT, NVDA, META, SPX, SPY, QQQ, IWM and thousands more. Intraday contract-level pricing since Jan 2022.
NSE India Options
NIFTY, BANKNIFTY, FINNIFTY and individual stock options. The first online journal with both US and NSE options data for simulation. Learn more.
US + NSE
Two options markets
2022+
Historical data since Jan 2022
10 legs
Max strategy complexity
Every Simulated Options Trade in Your Journal
In the chain simulator, every filled order is saved automatically to the trading account you select. In the execution simulator, click "Add Trades to Account" after running a simulation to push the results into your journal.
Once in the journal, simulated options trades get the same treatment as live trades: interactive charts with execution markers, PnL breakdown, Exit Insights, MFE/MAE exit analysis, custom tags, notes and 600+ performance metrics.
Need to review a past live trade? Use Trade Replay to replay your actual executions in the simulator second by second. Your real fills appear on the chart automatically so you can see exactly what happened.
How Does TradesViz Compare?
No other online journal or simulation platform offers options chain simulation or options contract-level backtesting. Feature comparison based on publicly available information. Last verified April 2026.
| Feature | TradesViz | Influencer-Founded Journal | Options Analysis Platform | Basic Trade Tracker |
|---|---|---|---|---|
| Options Chain Simulator | ✓Only one online | ✗ | ✗ | ✗ |
| Live IV & Greeks in Chain Replay | ✓Solved on every replay tick | ✗ | Static greeks only | ✗ |
| Options Execution Backtester | ✓Up to 10 legs, contract-level data | ✗ | Payoff diagrams only | ✗ |
| Multi-Day Options Strategy Backtest | ✓One rule across hundreds of days, US + NSE | ✗ | ✗ | ✗ |
| Combined Options Price Chart | ✓Position price vs underlying | ✗ | ✗ | ✗ |
| NSE India Options | ✓NIFTY, BANKNIFTY, stock options | ✗ | ✗ | ✗ |
| Stock + Futures + Forex Sim | ✓30,000+ symbols | ✓~200 symbols | ✗ | ✗ |
| Trade Replay | ✓ | ✓Premium only ($49/mo) | ✗ | ✗ |
| 0-DTE SPX/SPY Simulation | ✓ | ✗ | Static analysis | ✗ |
| Integrated Journal | ✓600+ analytics | ✓40+ metrics | ✗ | ✓ |
| Options Flow Dashboard | ✓Intraday advanced flow | ✗ | ✓ | ✗ |
| AI Analytics | ✓Q&A + Trade Chat + Auto Insights | ✓Per-trade insights | ✗ | ✗ |
| Starting Price | $29.99/mo | $49.00/mo | $35.00/mo | $29.95/mo |
Information sourced from publicly available product pages. If any detail needs correction, contact [email protected].
Trusted by 150,000+ Traders Worldwide
150,000+
Active Traders
70M+
Trades Analyzed
Benzinga
FinTech Awards Finalist
"Got to say TradesViz is beyond excellent. Tried a chat last night at a ridiculous time and PK was there to help."
— Cyb***
"The responsiveness and professionalism from both Yogi and PK were beyond impressive and played a huge role in my decision to sign up."
— Tyler***
"Best tech support ever. Accurate answer, helpful, patient, zero wait time."
— Haley***
Options Simulator FAQ
Is there an online options trading simulator?
TradesViz is the only platform with a full online options chain simulator. Pick any US equity or NSE stock, load a historical date, and trade the replayed chain in real time: click bid/ask to place orders, build multi-leg strategies, and watch fills happen against actual historical data.
What is the difference between the Options Chain Simulator, the Options Execution Simulator and the Options Strategy Backtester?
They answer three different questions. The Chain Simulator replays one past session tick by tick so you can click bid/ask and practice trading it as it unfolds. The Execution Simulator prices one multi-leg position on one historical date and shows the minute-by-minute path, per-contract PnL and a combined options price chart against the underlying: it answers "what happened to this trade". The Strategy Backtester takes one rule (for example, sell the ATM straddle on the nearest weekly at 09:20 and close at 15:15) and repeats it on every trading day in a range, returning win rate, expectancy, max drawdown, streaks and an equity curve: it answers "does this rule hold up". Most traders use all three together.
Does the options chain simulator show implied volatility and greeks?
Yes. The chain simulator solves implied volatility and the greeks live on every replay tick from the actual historical bid/ask, so they keep re-pricing as the underlying moves rather than only when a contract trades. A Greeks selector in the chain toolbar switches between IV + Delta, all greeks (adds gamma, vega and theta) and off. You also get net position Delta, Gamma, Theta and Vega in the header next to your PnL, plus optional per-position greeks columns. Everything is computed in your browser, so there is no slowdown even at 100x replay speed. Read the full update.
Can I backtest an options strategy across hundreds of trading days?
Yes, that is what the Options Strategy Backtester does. Instead of naming a strike you describe how to pick one (ATM, ATM +/- N strikes, percent or points) and which expiry to use (nearest weekly, nearest monthly, 0DTE, 1DTE or target DTE), and the rule is re-applied from scratch on every trading day in your range. It supports up to 8 legs, per-leg stop loss and target, max daily loss and daily profit target, commission and slippage, and covers both US and NSE options. Prices are cached per day, so changing rules or cost assumptions re-runs instantly.
Can I simulate iron condors, spreads and other multi-leg strategies?
Yes, both tools support multi-leg strategies. The chain simulator lets you queue multiple orders at different strikes and expiries before sending. The execution simulator supports up to 10 legs per strategy with any combination of calls, puts, buys and sells.
What options data is available?
Complete US equity and index options data (AAPL, TSLA, SPX, SPY and all optionable symbols) since January 2022. NSE India stock and index options (NIFTY, BANKNIFTY) are also available. Contract-level pricing at intraday granularity.
Can I simulate 0-DTE SPX or SPY options?
Yes. Load any trading date, select SPX or SPY, and the chain will show all available expiries including same-day 0-DTE contracts. Because these are heavily traded, initial loading may take a moment longer.
Does the options simulator save trades to my journal?
Every filled order in the chain simulator is auto-saved to the journal account you select. In the execution simulator, click "Add Trades to Account" to push your simulated strategy into your journal for full analysis with 600+ metrics.
Can I see the combined price of my options strategy vs the underlying?
The execution simulator generates a combined options price chart that sums the prices of all legs (accounting for buys and sells) and displays it alongside the underlying. This visualization is not available in any broker platform or competing tool.
Is the options simulator included in the free trial?
Both the options chain simulator and execution simulator are available on the Platinum plan. Start a free trial to access all options simulation features.
Start Practicing Options Today
The only online options chain simulator, now with live IV and greeks. Practice a session, price one position on any past date, or backtest a rule across hundreds of days. Every trade journaled automatically.
Highest value per dollar on the market
At TradesViz we focus on value and utility provided to traders. That's why we're still #1 when it comes to the value and features offered on an online trading journal.
Our guarantee: You will not find a better, more versatile, constantly up-to-date trading journal even at 2x or 3x our price. View Full Pricing.
Basic
For beginner traders to get started with journaling.
- Import 3000 executions/ month
- 50+ Performance Visualizations
- Basic auto-generated charts
- All basic trade management features and trade charts
Pro
All asset type import + 100s of charts & powerful grid features.
- Unlimited imports + All asset type support
- 400+ Performance Visualizations
- Multiple auto-generated + Interactive stock charts
- Multiple trading accounts
- Artificial Intelligence Question & Answer
- Artificial Intelligence Trade Summary, Notes & Coach
Platinum
All-in-one journaling, simulation and advanced analysis platform.
- Every feature in Pro
- Real-time Screener
- Unlimited Custom Dashboards
- Advanced Options flow analysis + Options flow scanner + Options Payoff Charts
- Exit Insights + Multi-Timeframe/EOD/Best Exit Analysis charts
- Trading Simulator (Stock + Options + Futures + Forex + Prop Firm)
- Pivot/Grid Charting (Most powerful analytics feature online)
- Trade/Day Plans & Checklist analysis
- Backtesting (70+ Indicators/Any Symbol)
- Dividend Tracker
What Trading Experts Say
TradesViz is the only trading journal in the world to be recognized internationallyby the popular Benzinga FinTech Awards Competition as a
Finalist in Best Data Analysis tool and Best Portfolio Tracker categories!
TradesViz is the most useful trading journal on the market for finding and quantifying your edge. An all in one trading journal tool for traders.
Trader, Author, and founder of NewTraderU.com
PK and the whole team at TradesViz.com have put together an outstanding product with exceptional features. PK provides the most excellent support in the chat help. And if something really isn't working quite right or as expected, they get busy to make it better. I originally signed up for TradesViz to have the simulator function which also gave me the statistical analysis I could use to improve my trading. I had been using a simulator which had almost no analysis. When TradesViz added the simulator function I gave it a try. At first I had a hard time making it work, but with patient explanation from PK and with some tweaking on functionality from the coders on the backend, they have delivered a super trading simulator. The trade analysis part of TradesViz is second to none. I've gained the insight into my trading weaknesses and strengths to be able to trade much better in my live account. This is the service you need!
I definitely recommend Tradesviz especially for new traders the way it tracks your stats is no short of amazing especially for me personally by best exit and and of the stats that tell you how long you usually are in drawdown and you are usually in profit. If you want to build confidence in your strategy and edge this journal is the way to go for sure!
TradesViz has made a huge difference in my trading and has positively impacted my trading for the better in psychology and profit.
I use it DAILY and have noticed the vast improvements being made, not only in profit but also in my mental approach to trading.
This is a must-have tool and is more important than any indicator you could ever use.
I've subscribed, at different times, to various reporting programs, and trialed several others.
Yours is night and day over them all. I particularly appreciate the degree of available customization and your quick, ever-patient response to support requests.
I have a small trading account. Thank you for offering such a sophisticated program at an affordable price.
TradesViz is a true leader in Trade Journaling Software. They offer extensive statistical data at an amazing price that almost seems too good to be true. You have access to an amazing support team that seems to be active at all hours of the day. My support agent helped me through a complex import issue and had it solved within 24 hours. I can't tell you how blown away I am with their software and their service. I'm more than happy with my experience and so excited to see what new features they bring to the table as they continue to grow their business. If you're on the fence, I encourage you to jump right over and take it for a spin with their risk-free trial. Thanks to all the TradesViz team members who continue to make my Trade Journaling efficient and effective.
Day Trader
GREAT PRODUCT AND EVEN BETTER CUSTOMER SUPPORT!
I have been using TradesViz for a few months and it is a fantastic tool. Prior to subscribing, I was spending hours on xls trying different tables and layouts and only getting frustrated (or overcomplicating things!). Now I have everything in one place (I have multiple trading accounts), and I have probably only explored 10% of the tools and data analytics!
BUT, what has really impressed me is the support: I have NEVER in the last 10 years had such instant, professional support from a company at (almost) anytime of the day or night!
Clearly this is a team that is passionate about their product and that will always translates into innovation and better experience & value to the customer.
Well done to the team!!
After only a short time of using TradesViz, I can confirm that this platform is exactly what I have been looking for. It takes the chore out of journaling – the number of stats, data, and information available on my trades is a complete game-changer. The importing process via MT4 file is extremely easy and the automated charts with entries are amazing. The whole process is extremely easy and helps to keep me accountable for my trading by having a professional system to manage my business. The platform is very comprehensive and takes a bit of time to get used to, but they have many videos on their YouTube to help with this as well as their support team.
Their support is exemplary and gets back to all my queries in well under 30 minutes with comprehensive answers and solutions to my questions.
This platform is absolutely essential for any trader and I would highly recommend it to any of my trader friends looking for a journal. If you don’t have this platform, you are seriously missing a trick here…
Thanks, PK from TradesViz for being extremely helpful and patient in resolving my syncing issue. Certainly one of the best online support I have ever experienced. Even though it took a while for me to get my settings right, I never felt rushed...I appreciate that. Hope to stay with you guys for a long time. Certainly would like to learn how to utilize most of the features on TradeViz.
In my opinion, the TradesViz platform is truly the Ferrari of journaling software available today. Once you are under the hood, you begin to realize that in fact what sets it so far apart is all the advanced analysis at your fingertips. Such as the ability to combine multiple portfolios, live charting, and much more. Their support is world-class, in my case personally, I needed integration with Trend Spider’s backtesting engine. What I imagined might take weeks was literally accomplished overnight. Factor in rock bottom prices and you have all you need for whatever you're searching for. Newer traders will find that one of the most basic recipes for success is meticulous record keeping, simply observing your account profit and loss go up, or just down as the case may be, is the first step on the road to ruin if your serious about trading.
Trader
I'm writing this testimonial as appreciation for this surprisingly pleasant
conversation.
Upon my initial support request, TradesViz's support was impressively swift. A response appeared every single time as soon as I closed my email tab. Not only did I receive incredibly helpful information about features I wasn't aware of, but the team was also genuinely enthusiastic about discussing my feature requests and ideas about the industry. Truly awesome people!
In terms of raw analytics, comparison, and filtering capabilities, there is no match for TradesViz. I also don't know of any other trading journals that offer so much for the price, their free version has pretty much everything you would need if you trade stocks and offer so many of the paid features that are on other websites for free. They have templates for almost every broker and if it's not there, their support team is only 1 email or message away and will work with you to include your broker on their platform. By far the best support I have gotten from any trading journal as they are open to feedback and feature requests and are very active on their chat for any questions. A trading journal built by traders, for traders.
Professional Futures Day Trader
I wish I had TradesViz when I started to trade ten years ago. I had to learn the hard way. It provides everything you need to maximize your wins and minimize your losses.
There’s a learning curve but once you get past that your trading will surely be taken to the next level.
Founder of ChartLearning.com
As a full-time trader, the first pivot point in my trading results came after I started to learn from Mark Minervini - this is when I stopped losing $$$. The second pivot point came after I started to analyze my results - this is when I started to be consistently profitable $$$.
I love that TradesViz works for Options, Stocks, Crypto! It has automated and manual uploads. It has all the important metrics and analysis that you will need and it is fully customizable.
I have tried pretty much most of the products out there, and TradesViz wins by a mile - highly recommend it! Thanks to PK and the team!
Thanks, @MightySoldiers for turning me on to @tradesviz. I'm loving the customized dashboard. The level of detail and ability to really dig deep on metrics is unparalleled. This tool has helped me so much in defining my trading strategy and where my edge is.
Trader
I was looking for a solution to journal my trades on multiple platforms to keep track of my PNL. I stumbled upon TradesViz and I have nothing but positive to say about their service. Not only does their product make it so easy to see how you are doing on your trades with the various graphs and filtering options, getting your account synced is super intuitive. Best of all their customer service is top-notch. Every time I have asked a question, they have responded within a few hours with a solution, and sometimes that involved programming custom solutions for me to make my life easier. It's a no-brainer for me to pay for the yearly service. Do it, you won't regret it.
E-commerce Analyst and Trader