No. One of the key benefits of StockTrak is that it provides a premium, realistic trading simulator environment completely independent of any brokerage. You can gain all the knowledge and practice you need to feel confident before choosing or being required to open a live brokerage account. Plus you can cancel at any time, no questions asked!

Yes! The trading pages have diagrams and tutorial videos explaining how to set-up different options and options spreads. You get detailed explanations of how various spread strategies work, and guidance on understanding volatility and options mechanics.

Yes you can! StockTrak offers the capability to practice trading a wide variety of options spread strategies (21 specific types are available), including Vertical spreads, Calendar spreads, Diagonal spreads, Iron Condors, Butterflies, and more. You can practice setting up and executing these multi-leg orders in our real-time simulation.

Yes, StockTrak is designed for realism. Our trading platform uses dynamic market data and accurately simulates the real-world impact of factors like time decay, volatility changes, and price movement on your options positions and spreads, replicating a real trading day. Our analytics tools allow you to see and track your positions, just like professional platforms. We also simulate realistic commissions, Read More…

esides the potential for the option to expire worthless, key risks include: Time decay eroding value Rapid changes in implied volatility impacting price Potentially unlimited risk if selling “naked” (uncovered) options. Using spreads helps manage some of these risks by defining your maximum potential loss. Remember, investing involves risk, and past performance is not indicative of future results.