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, or daily rounds across crypto, forex, gold, silver, the Magnificent 7, and US500. Buy calls and puts for directional exposure, or sell them to collect premium, with every execution recorded in your account.
Top up with credits · trade and earn · demo available
Market arena
5 MIN · 15 MIN · DAILY
BTC / USDTDirectional round
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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.
Options in simple words
The strike sets the target. The clock changes the price.
An option is a time-limited contract linked to an asset. You can buy one for directional exposure or sell one to collect premium.
K
Strike price
The strike is the contract’s reference price. A call is in the money above its strike; a put is in the money below its strike.
θ
Theta decay
Time value fades as a 5-minute, 15-minute, or daily round approaches expiry. The model removes extrinsic value faster from out-of-the-money contracts.
$
Premium collection
Selling a call or put credits the bid premium immediately. If it expires out of the money, settlement is $0 and the seller keeps that premium.
↔
Bid and ask
The ask is what a buyer pays; the bid is what a seller receives. Quotes include a minimum $0.10 spread and may widen when risk controls apply.
Four basic executions
How each side can make money.
Simplified one-contract examples at expiry. They exclude fees and use the entry price shown.
Buy a call
BUY · ASKSpot is $50. Buy the $51 call for $1.00. If spot finishes at $53, it settles at $2.00 and the profit is $1.00.
Sell a call
SELL · BIDSpot is $50. Sell the $55 call for $0.80. If spot finishes at $53, it expires OTM at $0 and you keep $0.80.
Buy a put
BUY · ASKSpot is $50. Buy the $49 put for $0.70. If spot finishes at $47, it settles at $2.00 and the profit is $1.30.
Sell a put
SELL · BIDSpot is $50. Sell the $45 put for $0.60. If spot finishes at $48, it expires OTM at $0 and you keep $0.60.
Important: premium selling is not free money. Every naked sale reserves collateral equal to 1.5× the bid premium until closing or settlement. This is partial protection, not full-loss coverage: an ITM loss can exceed the collateral held. This site is a simulated educational environment, not investment advice.
Persistent market service
History is ready when you arrive.
The server collects and stores crypto, forex, gold, silver, Magnificent 7, and US500 prices. Every round streams to the browser and existing history appears immediately.
Explore every market →BTCSYNCING
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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 →