Learn by doing
12 lessons with something to practise
Every lesson includes an audio guide, a practical exercise and a quick quiz. Worked examples and spot-the-mistake activities help you check your decisions through the course.
Weekly Options Practice Lab
Practice the whole trade on paper first.
Work through the complete trading process, from planning a trade to reviewing the outcome, using historical trades and recorded option prices.
Twelve lessons, real trade examples and tools to practise your own decisions before you risk trading capital.
Get the Practice Lab · $49 once See all 12 lessons- 01Write your plan
Set your entry, risk and exits.
- 02Follow the trade
Use recorded option prices.
- 03Review your decisions
Save what you would change.
12guided lessons
9practical videos
26audio guides
10worksheet examples
Three parts.
One complete trading process.
Included with your course
More ways to practise every decision
Read, listen, watch and put your plan to work. Keep a record you can come back to.
Watch the process
Videos of real closed trades
Follow trades from Ian's public record, including both wins and losses. See how the trade and the worksheet fit together.
Test your decisions
Run your plan through trade replay
Test your own entry and exit plan against recorded bid and ask prices. See the simulated result alongside the published potential result.
Keep your work
Your planning and review worksheet
Calculate the cost, three profit targets and stop-loss level. Record each sale and review the result. Your worksheets save to your account and are ready to print.
Keep practising
Past trades, with the outcome hidden
Write your plan before revealing how a trade finished. A different past trade is picked each Monday from the practice set.
Mark your completion
A numbered certificate you can share
Complete all 12 lessons and ten practice trades to earn your certificate, with a public page where it can be checked.
Your course, in order
See what you'll work through
Start with the process, explore how weekly options behave, then apply what you've learned to trades of your own.
Part 01
The process
- How the Practice Lab works
- Read a trade idea
- Plan the paper trade
- Follow and close on paper
- Review the result
Part 02
Weekly options in depth
- Time decay through the week
- Implied volatility and events
- Orders and fills
- Sizing across many trades
- Exits in depth
Part 03
Case studies and the final practical exercise
- Ten closed trades, start to finish
- Three trades of your own
Examine ten closed trades from Ian's public record, then complete your final practical exercise.
In every lesson Audio guide · practical exercise · quick quiz
Practice before trading capital
Who it's for
For traders who understand the basics of options trading and want to practice the process before trading with real money. It also suits anyone who wants a repeatable way to plan a trade and review how it went.
The Practice Lab is education only. Live trade alerts, member research notes and the research archive stay with membership and the Research Desk Pass.
Start with a plan you can review
$49 one time. Your course stays in your account.
Get the Practice LabStarting membership?
Practice on past trades. Follow new research.
Practice Lab — only $19 with full membership. Regular price $49 With full membership $19
Monthly Membership: $119. Practice Lab: $19 one time. Total today: $138 USD. Membership renews at $119 a month until cancelled; the Lab does not renew. Trader’s Trio also qualifies at checkout.
Before you start
Do I need full membership?
No. Buy the complete Lab on its own for $49. Full members can add it for $19, either when joining or later. A pass alone does not qualify for the discount.
How does it relate to the recommendations?
The Lab uses historical trades to practise reading a trade idea, planning the risk and exits, and reviewing decisions. The recommendations service provides Ian’s current research. It is purchased separately through a pass or full membership.
What do I need, and how long do I have?
A basic understanding of options and a WOU account. You practise on paper, so no funded brokerage account is needed. Start with Lesson 1 at your own pace. There is no course expiry date; keep your account to keep your course and saved work. Cancelling membership does not cancel your Lab.
The Practice Lab is general education about options and uses paper trading only. It is not personal financial advice, and every trading decision is yours. Options carry risk, including the loss of the full amount paid, and past results, including published potential results, do not indicate future results. Weekly Options USA is not available to residents of Australia.