Tools

 

paperTRADE™ - NEW!


CBOE is proud to offer the new paperTRADE™ designed to let you test your trading knowledge and market savvy without putting any money on the line.

paperTRADE™ is a simulated trading system that packs both ease-of-use and exceptionally sophisticated tools. Since trades are simulated, you are not risking real money! The user experience including full streaming quotes and charts to your browser and all the great features and trading tools below will make you feel like a pro.




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Navigate the Online Trading Process

paperTRADE™ provides research ideas to execute online trades. Manage your portfolio with paperTRADE™'s integrated tool suite, charts, proprietary research, position analysis tools, and more to make smarter decisions.

paperTRADE™ is Flexible and Easy to Use

Take your investing to the next level using our advanced proprietary analysis and risk management tools. The paperTRADE™ platform is completely browser based so you can trade from anywhere. Get the power of a downloadable application without the hassle of a download.

Professional Grade Market Analysis

Spot a trading idea but need research? paperTRADE™ saves you time with at-a-glance report cards that give you the essential story of a company via an array of fundamental data. Detailed data and peer comparisons of data are only a click away from the report cards.

Real-Time Streaming Quotes & Charts

A quote isnīt really real-time unless itīs moving! paperTRADE™ quotes are always streaming, always real-time. Watchlists, charts, action windows, analytics, option chains, and trade tickets ALL stream, any time the US equity markets are open.

spreadMAKER™

An innovative trading tool that allows you to build option spread trades quickly, efficiently, and easily. You can build different spreads using drop-down boxes, available expiration dates, and strike prices. When building a trade, the risk graph is instantly updated to show you your expected profit or loss, based on the possible future price changes of the underlying stock.

Spread Pricing in Option Chains

Change the expirations, width or wingspan to customize your spread views and the option chains will recalculate instantly. The NBBO bid/ask is shown as well as the midpoint. And you are always one click from a trade ticket.

adjustTRADE™

adjustTRADE™ is a tool that assists you in creating an adjustment for a strategy, including simply closing the strategy. Once you select the action you would like to take from a choice of adjustment goals, adjustTRADE™ shows you a way to accomplish it. You may edit the adjustment shown or proceed to create an order with one click of a button.




The paperTRADE trading program is provided by trade MONSTER, and is located on the trade MONSTER website. trade MONSTER is an independent, registered broker-dealer not affiliated with Chicago Board Options Exchange, Incorporated (CBOE) or any of its subsidiaries or affiliates. The trade MONSTER website is a separate website from the CBOE website. CBOE is not involved in any manner in your virtual trading account with trade MONSTER or with any other account you may have or establish with trade MONSTER. CBOE is not responsible for or liable with respect to any activity on the trade MONSTER website or with respect to any use of trade MONSTER service




Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options (ODD). Copies of the ODD are available from your broker, by calling 1-888-OPTIONS, or from The Options Clearing Corporation, One North Wacker Drive, Suite 500, Chicago, Illinois 60606. The information on this website is provided solely for general education and information purposes and therefore should not be considered complete, precise, or current. Many of the matters discussed are subject to detailed rules, regulations, and statutory provisions which should be referred to for additional detail and are subject to changes that may not be reflected in the website information. No statement within the website should be construed as a recommendation to buy or sell a security or to provide investment advice. The inclusion of non-CBOE advertisements on the website should not be construed as an endorsement or an indication of the value of any product, service, or website. The Terms and Conditions govern use of this website and use of this website will be deemed acceptance of those Terms and Conditions.