What each trade made
One lot each, bought at Monday's close and sold at this close, after charges.
Free NIFTY Options Paper Trading & NISM Mock Tests Learn options by trading them. At your own pace.
Try NIFTY options paper trading on a full option desk. Practise NIFTY and BANKNIFTY at your own speed. Or prepare for NISM exams with timed mock tests and explained answers.
- Free to use · No signup required
- 2,985 NISM practice questions
- 19 NISM exams
- 17 calculators
- English and Hinglish
LearnNifty on NiftyScanner
Generated prices. Virtual money. Educational simulation.
Your complete NIFTY learning platform: lessons, NISM practice, Market X-Ray, calculators and a full paper trading desk. Free and multilingual.
01Paper Trading
NIFTY options paper trading. Trade at your own pace.
Trade a full day, a whole week or up to expiry. Play at your speed: Slow, Normal or Fast. Jump to the close, the next day or expiry day in seconds to see your trade change.
- Calls OI
- Puts OI
Open interest at the close
Calls on one side, puts on the other. The strike nearest NIFTY is marked.
- Low
- Medium
- High
Chart strategiesNew
Pick Low, Medium or High risk. Arrows show where the rule would buy or sell. You still press Buy.
Or start with a market day
Each one is a generated trading day with one question to answer. Tap one. The desk opens with the clock running.
NIFTY expiry day: a normal day
On expiry day, when does an at-the-money option lose most of its value?
Learn: ThetaWeekly expiry decay: Thursday to Tuesday
Watch options at different strikes lose value as the weekly expiry comes closer.
Learn: ThetaGap-up open: options practice
The market opens higher than yesterday's close. Does the gap grow or fade?
Learn: BreakoutIV crush: when option prices fall
The index moves, yet option prices drop. Learn to tell a price move from falling IV.
Learn: Implied Volatility (IV)Iron condor in a big move
Test both wings of an iron condor when the market makes a big move.
Learn: BreakevenBANKNIFTY expiry day: a choppy day
On the monthly expiry day, what does the last hour do to prices?
Learn: Expiry Day
02NISM practice
Get ready for your NISM exam. One question at a time.
Every question has a hint and a worked answer. Each mock test uses its own exam's pass mark and marking.
- Timed practice papers
- Every answer explained
- Topics to revise next
Question of the day
Getting today's question…
Independent preparation. Not official NISM examination papers.
All 19 exams
- V-DMutual Fund - Specialized Investment Fund Distributors3 practice papers · 50 questions · 60 min eachNewMock test
- XIX-AAlternative Investment Funds (Category I and II) Distributors3 practice papers · 50 questions · 60 min eachNewMock test
- XXI-BPortfolio Managers3 practice papers · 50 questions · 75 min eachNewMock test
- II-BRegistrars to an Issue and Share Transfer Agents - Mutual Fund3 practice papers · 50 questions · 60 min eachNewMock test
- II-ARegistrars to an Issue and Share Transfer Agents - Corporate3 practice papers · 50 questions · 60 min eachNewMock test
- VIIIEquity Derivatives3 practice papers · 50 questions · 60 min eachPopularMock test
- V-AMutual Fund Distributors3 practice papers · 50 questions · 60 min eachPopularMock test
- XVResearch Analyst3 practice papers · 50 questions · 60 min eachPopularMock test
- VIISecurities Operations and Risk Management3 practice papers · 50 questions · 60 min eachMock test
- ICurrency Derivatives3 practice papers · 50 questions · 60 min eachMock test
- X-AInvestment Adviser (Level 1)3 practice papers · 50 questions · 67 min eachMock test
- IVInterest Rate Derivatives3 practice papers · 50 questions · 60 min eachMock test
- VIDepository Operations3 practice papers · 50 questions · 60 min eachMock test
- XVICommodity Derivatives3 practice papers · 50 questions · 60 min eachMock test
- XXI-APortfolio Management Services (PMS) Distributors3 practice papers · 50 questions · 60 min eachMock test
- XIISecurities Markets Foundation3 practice papers · 50 questions · 60 min eachMock test
- XIIICommon Derivatives3 practice papers · 50 questions · 60 min eachMock test
- III-ASecurities Intermediaries Compliance (Non-Fund)3 practice papers · 50 questions · 60 min eachMock test
- IXMerchant Banking3 practice papers · 50 questions · 60 min eachMock test
Each exam's questions come in 3 levels: Beginner, Intermediate and Advanced.
03Market X-Ray
See why an option price moved. One cause at a time.
The index, the time left and the fear in prices. Each one moves an option's price.
04Calculators and reference
Options calculators. Do the sums, then trade.
17 calculators with today's rules and rates.
- US Stocks Charges (Zerodha · Groww)NewWhat a US share trade costs from India.
- Trade costBrokerage, STT, GST and stamp duty for one trade.
- Options breakevenThe NIFTY level where your option stops losing.
- Position sizeHow many lots fit the loss you can accept.
- Capital gains taxTax on shares you sell, short or long term.
- F&O turnover & auditYour F&O turnover for the tax return.
More calculatorsBreak-even frequencyCAGR & XIRRRead your contract noteEMI & loan scheduleFD, RD & PPFRetirementNewSettlement dateSIPStep-up SIPNewStock averageSWPNew
Latest articles in plain words.
New explainers on markets, money and the rules. The newest comes first.
FII LTCG Tax: Has SEBI Asked to Remove It?
TaxNewReuters says SEBI has recommended removing LTCG tax for foreign investors. It is a reported idea, not a tax change. · 12 min read
SIP Calculator Formula: Why Two Answers Differ
Saving and retirementNewThe 2 hidden settings in every SIP calculator, and how they turn one ₹10,000 SIP into 4 different totals. · 6 min read
Step Up SIP vs Regular SIP: The Real Difference
Saving and retirementNewA 10% step-up SIP ends ₹10.29 lakh higher, but ₹7.12 lakh of that is money you paid in yourself. · 4 min read
05Games
Quick options games. One idea in each.
Play Gilli Climb, a trading game. Size each leap, book your coins and stay above the rising flood.
06How it works
Start paper trading in one click. No name to type.
07Lessons
Options lessons to start with. Short lessons, plain words.
- What an Option Premium Is Made Of: Intrinsic Value and Time Value
- Delta: Why the Index Moved and the Option Barely Did
- Open Interest vs Volume: Counting Contracts, Not Trades
- Market, Limit and Stop Orders: What Each One Controls
- Support and Resistance Zones: An Area, Not a Floor
- What is margin?
Learning tracksBefore your first stock market orderWhat you are actually buyingOpen interest: the four-cell mapWhat a trade has to clear
Latest videos from our channel.
Short videos on paper trading and NISM exams. Each one opens on YouTube.
