Built around ITM covered calls — with a full options toolkit
Impex Trading is an options education workspace centered on in-the-money covered call screening and modeling. Vertical spreads, condors, portfolios, historical performance, and a learning center extend the platform when you want to go further.
This platform is for education and simulation only — not financial advice or trade execution.
ITM Covered Call
AAPL · Low risk tier
Premium
$285
Break-even
$171.15
Cushion
18.2%
Core strategy
ITM covered calls — where we start
Every account begins here: ranked in-the-money call opportunities, cushion-based risk tiers, and the deepest integration with screeners, history, and portfolio tracking.
ITM Covered Calls
Sell calls against stock you own (or model) with strikes below spot. We screen for premium that exceeds assignment loss, short-dated expirations, and group trades by drop-to-breakeven cushion — Low, Medium, and High risk.
- Live screener synced every 15 minutes on trading days
- Historical tab — past picks resolved at expiration
- Payoff chart, scenario table, and portfolio add flow
- Recommended Low risk tier for new users
Why ITM first?
Covered calls are the most accessible income strategy and the foundation for understanding premium, assignment, and break-even math. The rest of the platform builds on the same screener → model → track → learn loop.
Add-on strategies
Spreads & condors when you are ready
Six additional strategy workspaces use the same UI pattern: live screener, calculator, historical trades, and portfolio integration. They complement — not replace — covered calls.
Vertical spreads
Directional debit and credit spreads with tiered screeners and full payoff modeling.
Range strategies
Neutral condors for range-bound or breakout outlooks — long and short call condor screeners.
One platform, not seven disconnected tools
Screeners and calculators are only part of the story. Portfolios, historical outcomes, and structured learning tie it together.
Live strategy screeners
Ranked opportunities by risk tier for covered calls, spreads, and condors — refreshed on trading days.
Payoff & scenario modeling
Interactive expiration charts, break-evens, and scenario tables for every strategy — model before you commit.
Real & demo portfolios
Track open positions, mark-to-market estimates, and custom Pro workspaces — or paper-trade in a demo book.
Historical trade performance
See how past screener recommendations resolved at expiration — success rates and returns by strategy and risk tier.
Learning center
Structured lessons on stocks, options, candlesticks, glossary terms, and strategy mechanics — built for self-paced study.
Capital-aware sizing
Enter available cash and auto-size shares, spreads, or condors with commission settings baked in.
Learning center
Learn the market before you model the trade
Self-paced modules walk from stock market basics through options mechanics and a full strategy library — the same concepts behind our screeners and calculators, explained in plain language.
- Free with every account — no extra subscription required
- Suggested path from stocks → charts → options → strategies
- 30 strategies with payoff diagrams and worked examples
Suggested learning path
Follow in order or jump to any module after you sign in.
- 1
Stock Market Basics
How stocks, exchanges, and orders work — the foundation before options.
- 2
Candlestick Charts
Read OHLC candles, recognize common patterns, and interpret them in context.
- 3
Options Fundamentals
Calls, puts, Greeks, and assignment — built on stock market knowledge.
- 4
Terminology / Glossary
Searchable definitions for stocks and options — use as a reference anytime.
- 5
Options Strategies
30 strategies with payoffs, risk profiles, and worked examples.
All modules
Stock Market Basics
How stocks, exchanges, and orders work — the foundation before options.
View moduleCandlestick Charts
Read OHLC candles, recognize common patterns, and interpret them in context.
View moduleOptions Fundamentals
Calls, puts, Greeks, and assignment — built on stock market knowledge.
View moduleTerminology / Glossary
Searchable definitions for stocks and options — use as a reference anytime.
View moduleOptions Strategies
30 strategies with payoffs, risk profiles, and worked examples.
View moduleOptions strategy library
Inside the Strategies module: 30 setups across income, spreads, protection, straddles, calendars, butterflies, and condors — each with outlook tags, payoff curves, and when-to-use notes.
How it works
Covered calls first — then expand into spreads, condors, and portfolio tracking as your confidence grows.
Start with covered calls
Screen ITM setups by risk tier — our core workflow — or explore spreads and condors when you are ready.
Model every leg
Load a trade into payoff charts, breakeven math, and expiration scenarios with one click.
Track in your portfolio
Add to a real or demo portfolio, monitor P&L estimates, and compare against historical screener picks.
Study as you go
Use the learning center to reinforce mechanics, terminology, and when each strategy fits.
Simple, transparent pricing
Start free. Upgrade when you're ready to screen live opportunities and track a real portfolio.
Free
Learn the fundamentals and paper-trade with confidence.
- Covered call strategy workspace
- Payoff charts & scenario analysis
- Demo portfolio (paper trading)
- Strategy guides & education content
- Manual trade modeling
Plus
Screen opportunities and track real portfolio positions.
- Everything in Free
- Ranked ITM opportunity screener
- Live portfolio tracking
- Portfolio sizing & return estimates
- Expiration scenario tables
- Email support
Pro
Full toolkit for active covered call traders.
- Everything in Plus
- Advanced screener filters
- Historical performance tracking
- Custom named portfolios — create, rename, and switch between multiple paper accounts
- Multiple portfolio views
- Priority feature access
- Priority support
Start with covered calls. Grow from there.
Create a free account in under a minute. Master ITM premium income first, then unlock the full screener library and portfolio toolkit with Plus or Pro.