Option Coach
Learn four income strategiesCovered callsCash-secured putsPut spreadsIron condors

Why Option Coach

Most option tools are built for traders. This one is built for learners.

Screeners show hundreds of numbers and assume you already know what delta and implied volatility mean. Option Coach shows one trade at a time and explains every part of it.

One clear trade

Answer three questions and get a single worked example with the strike, the expiry, the cash you'd receive and the worst case in dollars.

500 screener rows → 1 explained setup

See it play out

Press play and watch the trade through a calm week, a sharp drop or a rally, with the coach telling you what each moment means.

A static payoff chart → a day-by-day replay

Know what to click

The option chain and order ticket are shown the way your broker displays them, with the exact cells and buttons highlighted.

Guessing at Sell to Open → a filled-in example ticket

How it works

Three questions, one worked example.

Tell it what you want

Income on shares you already own, getting paid while you wait to buy a stock cheaper, or income with a fixed maximum loss.

Pick a stock and a distance

Choose from 500+ US stocks and ETFs, then how far from today's price the strike should be. Farther means safer odds and a smaller premium.

Study the example

See the odds, the worst case, a replay through different markets, a year of history and the exact order to place, all in plain English.

What you get

Everything a beginner needs to understand a trade.

A scenario player that shows, day by day, what happens

Watch the price move, the trade's value change and the coach's status update as each day passes. When a rule would close the trade, you see why.

  • Calm, sharp-drop, rally and random scenarios
  • Take-profit and stop rules applied for you
  • A 500-run simulator to see the full range of outcomes
Day4 of 8
Price$745.10
Your trade−$68
take profit stop Getting close

Within 0.7% of your strike. No action yet: the rules decide, not nerves.

Honest odds, from three independent models

Like an ensemble weather forecast, Option Coach blends what option prices imply, how the stock has actually been moving, and a replay of its real history. Then it tells you plainly whether there's an edge, or not.

  • PASS / FAIL checks a beginner can read at a glance
  • The worst 1-in-20 outcome, in dollars
  • A history check against a full year of real prices
strike today
History check: over the past year, this stock fell past the strike within 8 trading days in 8% of periods. Option prices imply about 17%.

The exact order to place, the way your broker shows it

See the option chain with the cells to use marked SELL and BUY, plus filled-in tickets for opening the trade and closing it later. It works with any broker; Option Coach never places trades itself.

  • Bid, ask and mid explained, so you set the right limit
  • Sell to Open, Buy to Close and the rest, in plain words
  • What your account needs: shares, cash or margin
SymbolSPY
StrategyVertical spread (credit)
ActionQtyStrikeType
Sell to Open1740Put
Buy to Open1735Put
Order typeLimit · 0.48 credit
Time in forceDay

Who it's for

People who want steady income and want to understand the risk first.

Curious beginnersYou've heard about covered calls and want to understand them before trying one.
Income investorsYou hold dividend stocks or covered-call ETFs and want to know what's happening inside them.
Occasional option sellersYou've sold a few puts and want a clearer view of the odds and the worst case.
Canadian investorsBuilt in Toronto, with US stocks today and Canadian options on the roadmap.

Pricing

Start free. Upgrade when you want every stock.

Everything is free while we're in beta. These are the prices we plan to charge after launch.

Free

$0
  • 10 popular stocks and ETFs, plus a free pick each week
  • Every coaching feature
  • All four strategies
Try it free

Pro

$19 /month
  • All 500+ US stocks and ETFs
  • Earnings and price alerts
  • 500-run simulator on any trade
  • Watchlists across devices
Join the waitlist
Founding members · first 100

Pro, founding price

$19$9 /month for year one
  • Everything in Pro
  • Locked-in price for your first year
  • Early access and a say in what we build
Reserve a spot

Questions

Frequently asked

Is Option Coach investment advice?

No. Option Coach is an education and analysis tool. It shows the same analysis to everyone who picks the same settings, and it doesn't know your finances or goals. It isn't registered as an adviser, and it never tells you what to buy or sell.

Does it place trades for me?

No. It never connects to your brokerage account. It shows you what a trade involves and what the order would look like, so you can decide for yourself and place it with your own broker if you choose.

Which stocks can I use?

500+ US stocks and ETFs, including the S&P 500 and the most-traded funds. During the beta, 10 popular names plus a weekly free pick are fully open, with the rest in Pro.

Where does the data come from, and is it live?

The beta uses delayed end-of-day prices and option volatility, refreshed regularly. Always check live quotes in your broker before trading.

Do I need to know options already?

No. Every number comes with a plain-English explanation, and a glossary covers terms like strike, premium, delta and assignment.

Is it available in Canada?

Yes. Option Coach is built in Toronto. It covers US-listed stocks and ETFs today, which most Canadian brokers can trade, and Canadian-listed options are on the roadmap.

How does the founding-member price work?

The first 100 founding members lock in Pro at $9 a month for their first year once the full version launches. Join the waitlist and we'll email you when it opens. You can cancel any time before launch.