Welcome to paperMoney
We're proud to present the newest of our two trading tools which provides a great opportunity for options traders of all skill levels to safely explore real-world trading applications and test new options strategies without putting real money on the line. paperMoney's functionality is the same as the best "real" trading systems in use today except that the trades aren't real and you can start over anytime you like.
paperMoney's powerful trading tools include:
- Streaming quotes automatically updated every five seconds without refreshing.
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- Customized, conditional account alerts sent directly to your web-enabled phone or e-mail.
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- Multiple, powerful charting options including moving averages, oscillators, Fibonaccis, and the ability to view multiple charts at once.
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- User-defined data layouts and many other customizable features.
- Fully-featured order entry bar with spread functionality; and much more.
Best of all, paperMoney is free to CBOE.com users!
The paperMoney trading program is provided by thinkorswim, Inc., and is located on the thinkorswim website. thinkorswim, Inc. is an independent, registered broker-dealer not affiliated with Chicago Board Options Exchange, Incorporated (CBOE) or any of its subsidiaries or affiliates. The thinkorswim website is a separate website from the CBOE website. CBOE is not involved in any manner in your virtual trading account with thinkorswim or with any other account you may have or establish with thinkorswim. CBOE is not responsible for or liable with respect to any activity on the thinkorswim website or with respect to any use of thinkorswim services.
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.