ExpiryEdge
Educational paper-trading · not advice

Paper-trade India's expiry-day option strategies. Live on Telegram.

ExpiryEdge runs 0DTE Nifty option-selling strategies in paper mode and streams every simulated trade, stop-loss and live P&L straight to your chat. Learn how the pros think about theta — with zero capital at risk.

✓ No broker or KYC✓ Free tier forever✓ Cancel anytime
ExpiryEdge Bot
paper desk · live
🟢 ENTRY · SHORT STRADDLE
Nifty 24,850 → ATM 24,850
SOLD 24850CE @ 96.4  |  SL 144.6
SOLD 24850PE @ 88.1  |  SL 132.2
Premium collected: ₹11,977 (paper)
09:20
🎯 TARGET HIT · 24850CE
Covered @ 48.2  (+₹3,133 paper)
Theta doing the work. PE still open.
11:42
🟡 ADJUST · spot drifted +110
Trailing SL on 24850PE → 96.0
Locking in the decay.
14:18
🔔 EOD SUMMARY
Closed P&L: +₹6,540 (paper)
Return on margin: +1.31%
Win legs: 2/2 · Max drawdown: ₹1,820
Full journal → /journal
15:15
SHORT STRADDLE +1.31%IRON CONDOR +0.74%THETA DECAY ⏳SHORT STRANGLE +0.96%SL DISCIPLINE 🛡️0DTE NIFTYPAPER MODE 🧪SHORT STRADDLE +1.31%IRON CONDOR +0.74%THETA DECAY ⏳SHORT STRANGLE +0.96%SL DISCIPLINE 🛡️0DTE NIFTYPAPER MODE 🧪
How it works

From curious to confident in three taps

01

Open the bot on Telegram

One tap. No app install, no broker login, no KYC. The bot greets you and you pick a strategy.

02

Watch it trade in paper mode

During market hours the engine takes simulated entries and streams every move to your chat with live P&L.

03

Learn, tweak, repeat

Adjust lots, SL and targets. Compare strategies. Build intuition for expiry-day option selling — with zero capital at risk.

Features

A real options desk, in simulation

Everything you need to understand expiry-day option selling — without risking a rupee.

📈

Three battle-tested strategies

Short Straddle, Short Strangle and Iron Condor — the classic expiry-day theta plays, fully simulated with SL, targets, adjustments and trailing stops.

Live, tick-by-tick paper trades

Entries, exits, SL hits and adjustments stream to Telegram as they happen during market hours — exactly as a real desk would log them.

🧮

Real option-chain mechanics

ATM selection, strike gaps, lot sizing and premium maths mirror live NSE behaviour so you learn the real dynamics, not a toy.

🛡️

Risk-first by design

Every simulated leg carries a stop-loss, target and max-loss guard. You see how risk management actually plays out, trade by trade.

📊

Backtest any idea

Lab tier replays strategies across historical expiries — including MACD+Bollinger and experimental signal modules — with comparison reports.

📝

Auto journal & export

Every paper trade is logged. Export a clean CSV of your simulated track record for study and review.

Finally understood why option sellers obsess over theta. Watching it decay live made it click.
Paper-trader, beta
I blew up a real account learning straddles. Wish I'd had this simulator first.
F&O learner
The EOD summaries are gold for journaling my strategy study.
Aspiring quant

Illustrative beta feedback. Your simulated results will vary.

Pricing

Start free. Upgrade when it clicks.

Free

See the engine in action.

0/forever
  • Daily expiry-day setup (1 strategy)
  • End-of-day paper P&L summary
  • Short Straddle simulation
  • Community read-only channel
Most popular

Pro

The full paper-trading desk.

399/mo
  • Live intraday simulated trade alerts
  • All 3 strategies (Straddle, Strangle, Iron Condor)
  • Custom lots, SL & target settings
  • Adjustments + trailing-SL notifications
  • Daily journal export (CSV)
  • Priority bot, no rate limits

Backtest Lab

Test ideas across history.

999/mo
  • Everything in Pro
  • On-demand backtests (any date range)
  • MACD + Bollinger & astro signal modules
  • Strategy comparison reports (PDF)
  • Telegram + email delivery
  • Early access to new strategies

Prices in INR. Educational simulator — no real money is traded. Cancel anytime from the customer portal.

FAQ

Questions, answered

Is this real trading?+

No. ExpiryEdge is a paper-trading simulator. No real orders are ever placed and no brokerage account is connected on your behalf. It exists to teach the mechanics of expiry-day option strategies.

Is this investment advice / tips?+

No. We do not tell you what to buy or sell. We simulate predefined strategies for educational purposes. ExpiryEdge is not a SEBI-registered research analyst or investment adviser.

Do I need a Demat or broker account?+

No. Everything runs on simulated data and a paper-trading engine. You only need Telegram.

How accurate is the simulation?+

Strikes, lot size, premium maths and risk rules follow live NSE option mechanics. Fills are modelled at the simulated last-traded price; real-world slippage and liquidity are not guaranteed.

Can I cancel anytime?+

Yes. Manage or cancel your subscription anytime from the customer portal link in your dashboard. No lock-in.

What markets are covered?+

Nifty 50 weekly/expiry-day options today. Bank Nifty and Sensex are on the roadmap.

Stop reading about straddles. Watch one trade.

Open ExpiryEdge on Telegram and see today's expiry-day strategy run in paper mode — free.

Start free on Telegram →