The options prop firm
built around a
simulated funded account
A simulated options prop firm. Pass the evaluation, trade a simulated funded account, and get paid from firm capital on simulated performance. No real brokerage. No real buying power.
Build a strategy. See the payoff.
Add legs, adjust strikes and premiums, watch the payoff diagram move. Multi-leg and short legs run on Apex plans; Direct is buy-only.
Redline Options vs the typical program.
How the typical subscription options program runs, line by line. Real, specific differences.
- BillingOne subscription, from $188/mo — cancel wheneverA base fee, then a stack of add-ons
- Subscription once fundedEnds on its own the day you fundKeeps charging
- Activation fee$89, and you get it back on payout onePaid once, gone for good
- Daily loss limitNone. One drawdown line to respect — that is the whole risk modelA second trip-wire most people never see coming
- Minimum trading daysZero — clear it in a single session if you canA week or two of forced screen time
- Time limitTake as long as you needA 30-day countdown
- Failed eval$44 Pit Stop — same account, back on track, +1.5% roomPay full price and start from scratch
- Profit split80 / 20 your way, starting with your very first payoutThe good split only shows up after you scale
- What it actually isA simulation, top to bottom — stated plainly on every page“Real capital” up top, “simulated” buried in the terms
One monthly subscription. Cancelled when you're funded.
No entry fee — your first charge at checkout is just the first month. Pass, pay the refundable $89 activation, and the subscription ends automatically.
Direct — Long calls and puts, nothing else. The cleanest line to a payout.
Direct plan
Simulated account
Subscription cancelled automatically once funded
- Profit target10% = $2,500
- Max drawdown5% = $1,250
- Drawdown updatesIntraday
- Profit split80 / 20
- StrategiesBuy-only (long calls & puts)
Direct plan
Simulated account
Subscription cancelled automatically once funded
- Profit target10% = $5,000
- Max drawdown5% = $2,500
- Drawdown updatesIntraday
- Profit split80 / 20
- StrategiesBuy-only (long calls & puts)
Direct plan
Simulated account
Subscription cancelled automatically once funded
- Profit target10% = $10,000
- Max drawdown5% = $5,000
- Drawdown updatesIntraday
- Profit split80 / 20
- StrategiesBuy-only (long calls & puts)
Apex — The whole toolbox — spreads, condors, calendars, butterflies, short premium.
Apex plan
Simulated account
Subscription cancelled automatically once funded
- Profit target12% = $3,000
- Max drawdown6% = $1,500
- Drawdown updatesEnd of day
- Profit split80 / 20
- StrategiesAll strategies (Level 5)
Apex plan
Simulated account
Subscription cancelled automatically once funded
- Profit target12% = $6,000
- Max drawdown6% = $3,000
- Drawdown updatesEnd of day
- Profit split80 / 20
- StrategiesAll strategies (Level 5)
Apex plan
Simulated account
Subscription cancelled automatically once funded
- Profit target12% = $12,000
- Max drawdown6% = $6,000
- Drawdown updatesEnd of day
- Profit split80 / 20
- StrategiesAll strategies (Level 5)
Funded traders don't pay a monthly fee — the subscription is cancelled automatically at funding, and the $89 activation comes back with your first payout.
Greeks, live.
Drag the DTE slider. Watch the greeks morph against a $100 strike. Same math runs in the platform, on your simulated positions.
Math is illustrative (Black-Scholes, 22% IV, 4% risk-free). The platform uses live IV per contract.
Purpose-built for options funding.
Web-based, options-first, with the rules wired into the order flow. Swipe through what's in the box.
This is what passing looks like.
8 buy-only trades over 4 days on a $100K Direct eval. Hits the $10,000 target with the trailing floor never touched. No minimum days — it could just as well be one. Numbers are illustrative.
- D1SPYLong call+$1,240
- D1QQQLong put+$860
- D2NVDALong call$-540
- D2SPYLong call+$1,580
- D3TSLALong put+$2,100
- D3AAPLLong call$-320
- D4SPYLong call+$2,760
- D4QQQLong call+$2,540
Funded terms, in plain numbers.
How simulated trading + real payouts work.
- 1You subscribeOne monthly fee. Cancel anytime.
- 2You trade simNo real options. No real buying power.
- 3You pass + activateHit target, pay the refundable activation, sign
- 4We pay you, from usReal USD from firm capital
Redline Options is a simulated options trading program with two phases: a simulated evaluation, then a simulated funded account. You are never buying or selling real options contracts, at any stage. Your account is a sandbox tracking your strategy against firm-side risk parameters. If you hit the targets and stay inside the drawdown, we pay you real money from our balance sheet, not from a pool of trader fees. Past performance does not guarantee future results. Trading carries risk.
What we won't do.
Every line item below is a real practice across the prop firm industry. We don't do any of them. Specific, on purpose.
- Keep billing you after you pass→Subscription cancelled automatically at funding
- Pocket your activation fee→$89 activation, refunded in full on your first payout
- Hide a daily loss limit in the fine print→No daily loss limit — one trailing drawdown, that is it
- Rush you with time limits and minimum days→No time limit, no minimum trading days — pass same-day
- Make you rebuy the whole eval after one bad day→$44 Pit Stop reset with 1.5% extra drawdown room
- Pretend the sim is a live brokerage account→Simulated end to end — payouts in real USD from firm capital
What you can trade.
US-listed equity and ETF options on a whitelist of underlyings per plan, enforced automatically by the platform. A few examples:
Index ETFs
Large-cap single names
Sector & commodity ETFs
Direct trades single-leg long calls and puts; Apex unlocks the full Level-5 strategy set. 0DTE and weeklies on supported underlyings, overnight holds allowed. All trading is simulated — orders run against options market data, but no live exchange or broker is involved. You trade in a sim, paid from firm capital on simulated performance.
Subscribe. Hit target. Get funded.
Subscribe monthly
Pick Direct or Apex and a size — $25K / $50K / $100K simulated. One monthly subscription from $188, first charge at checkout, cancel anytime. No entry fee.
Hit your target
Reach the profit target — 10% on Direct, 12% on Apex — without touching the trailing drawdown. No daily loss limit, no minimum days, no time limit. Same-day passes count.
Activate & get funded
Pay the $89 activation (refunded on your first payout), sign the trader agreement, and your subscription is cancelled automatically. Trade the funded sim on a 80 / 20 split.
FAQ.
- No, and we lead with that. Every account — evaluation or funded — lives in a simulator that prices off live options market data. Nothing you do touches a real contract, and there is no real buying power at any point. The one thing that is real is the money that comes out: clear a payout as a funded trader and we send you actual USD from the firm, earned on your simulated results.
Redline Futures Funding.
We didn't show up out of nowhere. Redline Options is built by the same team running the futures program traders trust. Same rules-first philosophy. Same firm capital behind every payout. One proven playbook, now for options.
Join the Redline community
Get notified the moment Redline Options goes live. Same Redline Discord that powers Redline Futures Funding, with dedicated Options channels landing at launch.
Official Discord server
The fastest way to follow Redline Options development and reach the team.