01 / BULL
Price goes higher.
Buy a call to benefit from a rise, or sell a call to collect premium when you expect the strike to remain out of the money.
Green side · Call exposure
The market evaluation arena
Fund your bull.
Back your bear.
Trade modeled options in five-minute, fifteen-minute, one-hour, or daily rounds across crypto, forex, metals, the Magnificent 7, US500, and QQQ. Buy calls and puts for directional exposure, or sell them to collect premium, with every execution recorded in your account.
Start with a free Demo accountPractice buying and selling options with virtual credits. No payment needed for Demo. The paid Live challenge is optional.
Top up $1–$10 · prove your skills · unlock payout eligibility at $50 or advance to Stage 2 for payouts up to $350 total
Market arena
5 MIN · 15 MIN · 1 HOUR · DAILY
BTC / USDTDirectional round
Loading…1D change
CALLBull thesis
PUTBear thesis
Choose your side
Choose the direction. Price the moment.
Every position begins with a directional view, then gains the precision of a strike, an executable bid or ask, and a fixed expiry.
02 / BEAR
Price goes lower.
Buy a put to benefit from a fall, or sell a put to collect premium when you expect the strike to remain out of the money.
Red side · Put exposure
The evaluation model
Prove discipline, not just direction.
Top up your live account with credits, trade available rounds, and track what you earn. A separate demo account is available for practice.
STEP 01
Top up with credits
Add credits to your live account, trade, and track what you earn. A demo account is also available for practice while payment top-ups are being introduced.
STEP 02
Choose live or demo
Use the Arena selector to choose an account. Each keeps its own cash, reserved capital, open positions, and execution history.
STEP 03
Review every result
Track remaining cash, open exposure, completed trades, P&L, win rate, and risk-adjusted performance.
New to options? Start here.
Your first options trade, explained.
An option is a contract linked to a market price, such as silver. Here you practise with simulated contracts. You can buy or sell them without owning the silver. Try the free Demo first.
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1. Choose Call or Put
Buying a Call is a way to trade a rise in price. Buying a Put is a way to trade a fall. You can also sell either type to receive its price upfront. The examples below show all four choices.
2
2. Pick a round and a target
Choose 5 minutes, 15 minutes, one hour or daily. The strike is the target price printed on your contract. At the end, a Call has value above that target; a Put has value below it. Being on the right side of the target alone does not guarantee a profit.
3
3. Choose how many contracts
The quote is the price for one contract. For 10 contracts, multiply it by 10. Buyers pay the Ask price. Sellers receive the Bid price and must reserve collateral. The difference between Bid and Ask is the spread.
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4. Compare what you paid and received
A buyer makes money when the amount received is more than the purchase cost. A seller makes money when the premium received is more than the amount paid to close or settle. You can close earlier at the current quote or hold until the round ends.
Silver examples · 10 contracts each
See how each trade can earn a profit.
These four separate examples use the captured quotes below and imagined finishing prices at 13:00. They show winning scenarios, not promised results. The chart is a snapshot, not a prediction.
Captured 15-minute Silver round
Captured options chain
CALLS · LOW TO HIGH
$62.01$5.000BID 4.900 / ASK 5.000
$62.14$4.900BID 4.850 / ASK 4.950
$62.27$4.800BID 4.750 / ASK 4.850
$62.40 SELL$1.835BID 1.785 / ASK 1.885
$62.53$0.298BID .283 / ASK .313
$62.66 BUY$0.046BID .043 / ASK .048
$62.79$0.023BID .022 / ASK .024
$62.92$0.008BID .007 / ASK .009
STRIKE
62.0162.1462.2762.4062.5362.6662.7962.92
PUTS · HIGH TO LOW
$5.000BID 4.900 / ASK 5.000$62.92
$4.900BID 4.850 / ASK 4.950$62.79
$4.800BID 4.750 / ASK 4.850$62.66
$3.705BID 3.655 / ASK 3.755$62.53
$0.536BID .509 / ASK .563BUY SELL $62.40
$0.120BID .114 / ASK .126$62.27
$0.023BID .022 / ASK .024$62.14
$0.008BID .007 / ASK .009$62.01
Buy 10 Calls · price rises
BUY · ASKPick the $62.66 Call.
Pay $0.048 per contract: $0.48 total.
Imagine silver finishes at $62.70. The platform pays about $15.38 for your 10 contracts.
You receive more than you paid: about $14.90 profit.
Sell 10 Calls · price finishes lower
SELL · BIDPick the $62.40 Call.
Receive $1.785 per contract: $17.85 total premium.
Imagine silver finishes at $62.37, below your strike. Nothing is owed at expiry, so you keep the premium: $17.85 profit, the most this sale can earn.
Note: collateral reservation is required.
Buy 10 Puts · price falls
BUY · ASKPick the $62.40 Put.
Pay $0.563 per contract: $5.63 total.
Imagine silver finishes at $62.37. The platform pays about $11.54 for your 10 contracts.
You receive more than you paid: about $5.91 profit.
Sell 10 Puts · price stays above the target
SELL · BIDPick the $62.40 Put.
Receive $0.509 per contract: $5.09 total premium.
Imagine silver finishes at $62.45, above your strike. Nothing is owed at expiry, so you keep the premium: $5.09 profit, the most this sale can earn.
Note: collateral reservation is required.
How were these amounts calculated?
The captured chain uses a $0.13 strike step. Assuming one step to the $5 settlement cap, a Call pays the positive amount above its strike ÷ $0.13 × $5; a Put uses the positive amount below its strike. Each payment is capped at $5 per contract. Multiply by 10 for these examples. The $0.04 Call difference gives about $15.3846 total; the $0.03 Put difference gives about $11.5385. Subtract the purchase cost to get profit. These are the platform’s simulated settlement rules, not standard exchange contract sizes.
These are examples of profitable outcomes in the simulation, not forecasts. Different prices can produce losses: buyers can lose their premium, and sellers can lose more than their reserved collateral. Figures are rounded and exclude any extra charges. Released collateral is not extra profit.
Persistent market service
History is ready when you arrive.
The server collects and stores crypto, forex, metals, Magnificent 7, US500, and QQQ prices. Every round streams to the browser and existing history appears immediately.
Explore every marketBTCSYNCING
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Stored history
XRPSYNCING
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Stored history
EUR/USDSYNCING
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Stored history
GBP/USDSYNCING
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Stored history
USD/JPYSYNCING
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Stored history
GOLDSYNCING
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Stored history
SILVERSYNCING
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Stored history
US500SYNCING
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Stored history
Bull or bear?
The clock is already running.
Open the arena, choose a market and strike, then buy directional exposure or sell premium.
Enter Bull&Bear Funded