Options
Options paper trading for NIFTY, BANK NIFTY and SENSEX.
ZeroStake lets you practise options trading in India with virtual money. Read the Option Chain and pick your strikes. Or start from a ready strategy in the Strategy Builder, and see the payoff, the best and worst outcome and the breakevens before you enter. Then send every leg as one basket.
- Know your worst case before you place the trade.
- Ask what happens if the price, the date or IV changes.
- Feel how premium moves and decays, without paying for the lesson.
The payoff chart shows your P&L at every price.
You hold and slide to read the P&L at any price.
You zoom in around the breakevens.
Greeks and details open for the whole strategy.
Coverage: Option Chain for NIFTY 50, BANK NIFTY, FINNIFTY, MIDCAP SELECT, SENSEX and six MCX commodities. The Strategy Builder is part of ZeroStake Pro, an optional plan in the app.
What you can do
Start from a library
Pick a ready strategy sorted by view: bullish, bearish, neutral or volatility.
Build the structure
Use spreads, straddles, strangles, iron condors and the iron butterfly, long or short.
Choose the underlying
Use NIFTY, BANK NIFTY or SENSEX, or search for any underlying with listed options.
Know the numbers
Read the best and worst outcome, estimated probability of profit, net premium, breakevens and the Greeks.
Ask what if
Move the target price, the date or IV, and watch the payoff change.
Send the basket
Place every leg together at market price, then manage the position like any other.
Questions, answered.
Read all questionsIs the probability of profit a prediction?
No. It is an estimate from an options pricing model, today's price and implied volatility. It shows the odds as they look now, not what the market will do.
Which option strategies can I build?
Bull and bear spreads with calls or puts, long and short straddles, strangles and iron condors, and the iron butterfly. You can also pick strikes by hand in the Option Chain and send them as a basket.
Can I paper trade MCX options?
Yes. The Option Chain covers Crude Oil, Gold, Silver, Natural Gas, Copper and Zinc on MCX.
Do I need to know the Greeks to start?
No. Start with one call or one put and watch the premium move. The glossary explains delta, gamma, theta and vega in plain words.