Think about it this way:

Real Market: Buy 1 MSFT Jun 55C @ 3.80 for $380.00 plus commission and fees, expecting the market to go up. The market doesn't go up, your option expires worthless, and you learn, for the price of roughly $390.00, that options trading is risky...

For $24.95/month * 6 months = $149.70, you can make (up to) 600 trades that expire worthless, while you're learning and perfecting your strategy, and you STILL come out $240.30 ahead of the game...

Assuming the last point is true, you need to practice new methodologies before using them in the real market, or paper trade, e-Opts.com will save you A LOT of time.

If you've ever tried to paper trade you'll know that it takes time to check option quotes, make sure you keep checking quotes, EVERY DAY, and try to accurately follow your trade to see if your strategy worked. And this doesn't even account for the fact that you're only checking end of day quotes! And, if that's not bad enough, the MATH!!! Number of contracts, buy premium, sell premium... Ever try to calculate a spread trade?

Paper trading is difficult and time consuming task if you're going to do it correctly.

At e-Opts, we believe that there is no substitute to "learning by doing". As a subscriber, you will gain real experience, using your own methodologies, by making trades and seeing the results. Using our hypothetical currency, you risk nothing and you gain knowledge.

Avoid calculation errors, misprints, or simply writing down the wrong information, by letting a computer do the work for you.

Take advantage of the e-Opts Forum by communicating and trading notes with other traders from around the world.

e-Opts.com will check your orders against market quotes every five minutes for you, all day long, every day that the market is open. It records your trades, calculates premiums, commissions, total costs, and total profits, stores them in a history file, allows you to search by date and stock symbol, and shows you whether or not your paper trades have been successful.

e-Opts.com keeps extensive records of every trade you make totaled and sorted by account, date, and stock symbol. You can easily find all the trades you made between 4/1/2001 and 4/30/2001 on MSFT options and see the results of those trades summed up in the 'Total' field.

Also, e-Opts.com allows you to match transactions, making it easy to see the results of each open transaction/close transaction pair.

• Ad free (once you become a subscriber)
• Your private information will remain confidential.
• Independently owned and operated, free from brokerage account sales pressure.