News

The Options Game Sandbox is open

May 24, 2021
Mette Nielsen

The Options Game Sandbox is open

The new round of the ASX Options Trading Game kicks off on 7th June 2021 and we have opened a sandbox environment, giving you early access to all of the tools, analytics, live dynamic data, and the options calculator.

The new round of the ASX Options Trading Game kicks off on 7th June 2021 and we have opened a sandbox environment, giving you early access to all of the tools, analytics, live dynamic data, and the options calculator.

This allows you to get ready for the next game and practice using some of the most powerful technology available for options traders. If you have played before all you need to do is sign in using your previous Options Game password or create an account if you are a new player.

The Options Trading Game offers a realistic simulated market environment where you can learn how to trade like a pro without spending any real money.

The rules are simple: Maximise your return on $50,000 of virtual cash over 4 weeks. The trader with the highest returns wins a $500 cash prize.

Cam Blakemore, who won the latest Options Trading Game, turned his original $50,000 portfolio into $284,157.28 – a return of 468.31%. If you want to learn more about his approach to trading, you can read an interview we did with him here.

The Options Trading Game uses the same Technology as the Implied Volatility Options Trading Platform which was built by Options Traders for Options Traders. It gives you unprecedented and unrivalled technology to help improve your decisions, reduce costs and manage your trades. 

Mr Blakemore commented: “It’s a great platform and makes trading options so much easier – it would have been very helpful if this was available 20 years ago, it would have saved me plenty of time and money. The cookbook, along with the company rankings, is the best feature of the platform.”

The ASX Options Trading Game is 100% free* and also gives you access to online education, designed to give you insight and confidence when trading. Over the course of the previous game, we ran The Trading 360 Summit, a five-week trading education webcast designed to help you double down on your learning. Each week, professional traders shared their favourite trading strategies, their approach to picking direction and how to manage trades. You can catch up on the previous round of The Trading 360 Summit here.

 

See if you have what it takes to be the best! To start using the sandbox, and play the game when it opens on 7th June, make sure to create an account or login if you already have one.

 

*The ASX Options Game does not have any registration fees or charges. It provides you with free access to the options game website for as long as the game lasts.

Trading options is not suitable for everyone. There is a risk that you can lose more than the value of a trade or its underlying assets. You should only trade if you are confident that you fully understand what you are doing. If you are thinking about acquiring a financial product, you should consult our Financial Services Guide (FSG) at www.reachmarkets.com.au first. 

Any advice provided by Reach Markets including on its website and by its representatives is general advice only and does not consider your objectives, financial situation or needs, and you should consider whether it is appropriate for you. This might mean that you need to seek personal advice from a representative authorised to provide personal advice. If you are thinking about acquiring a financial product, you should consider our Financial Services Guide (FSG) including the Privacy Statement and any relevant Product Disclosure Statement or Prospectus (if one is available) to understand the features, risks and returns associated with the investment.

Please click here to read our full warning.

 


General Advice Warning

Any advice provided by Reach Markets including on its website and by its representatives is general advice only and does not consider your objectives, financial situation or needs, and you should consider whether it is appropriate for you. This might mean that you need to seek personal advice from a representative authorised to provide personal advice. If you are thinking about acquiring a financial product, you should consider our Financial Services Guide (FSG) including the Privacy Statement and any relevant Product Disclosure Statement or Prospectus (if one is available) to understand the features, risks and returns associated with the investment.

Please click here to read our full warning.

Live Investor Briefing

Discover the key projects shaping the iron ore industry

Leave a comment