Best Free Backtesting Tool for Options

StockMock: Best Free Backtesting Tool for Options

If you’re an options trader in India, validating your strategy before risking real money is essential. That’s where StockMock comes in — a free, easy-to-use platform for backtesting Bank Nifty, Nifty, and Finnifty options strategies.

Whether you’re testing straddles, strangles, spreads, or custom logic, StockMock helps you analyze performance with zero coding required.


What Is StockMock?

StockMock.in is a browser-based backtesting platform that allows you to simulate and test options trading strategies using historical data from NSE. It’s built specifically for:

  • Bank Nifty Weekly Options
  • Nifty Weekly Options
  • Finnifty Weekly Options

The tool helps traders quickly evaluate risk, reward, and consistency across multiple expiry cycles.


Key Features of StockMock

✅ 1. No Coding Required

Use drop-down menus to:

  • Add option legs (CE/PE, strike selection)
  • Set stop-loss, target, entry/exit time
  • Run the strategy instantly

✅ 2. Minute-Level Backtesting

  • Uses 1-minute historical OHLC data
  • Accurately replicates how your strategy would have behaved

✅ 3. Visual Equity Curve & Performance Metrics

  • View cumulative P&L
  • Analyze max drawdown
  • Weekly/monthly performance breakdown

✅ 4. Strategy Templates

  • Short Straddle
  • Iron Condor
  • Directional Spreads
  • Custom Multi-leg Setups

✅ 5. Fast and Lightweight

  • Works on any browser (mobile/desktop)
  • No installation needed

How to Use StockMock – Step-by-Step

Step 1: Visit https://stockmock.in

Step 2: Click “Start Backtesting”

Step 3: Set Strategy Parameters

  • Choose index (e.g., Bank Nifty)
  • Add option legs (e.g., Sell ATM CE + Sell ATM PE)
  • Define entry time (e.g., 9:20 AM)
  • Add stop-loss/target (e.g., 25% SL, 50% target)
  • Choose exit time (e.g., 3:15 PM)

Step 4: Click “Run Backtest”

Step 5: Analyze Results

  • Weekly profit/loss
  • Number of winning/losing trades
  • Max drawdown and equity curve
  • Downloadable report in CSV or image format

Pricing

PlanPriceFeatures
Free₹0Unlimited backtests with ads
PremiumStarts at ₹999/monthReal-time alerts, custom filters, SL logic enhancements, no ads

Most retail traders will find the free version more than sufficient.


Pros and Cons

✅ Pros:

  • Completely free for backtesting
  • No registration required
  • Simple interface with visual reports
  • Fast simulations for options strategies
  • Supports all major index options (Bank Nifty, Nifty, Finnifty)

❌ Cons:

  • Doesn’t support stock options or futures
  • No live deployment or automation
  • Lacks chart-based visual entries

Ideal Use Cases

  • Testing weekly expiry strategies
  • Fine-tuning SL and target levels
  • Finding the best time to enter and exit
  • Comparing straddle vs strangle performance
  • Validating consistency before live trading

Final Thoughts

StockMock is the go-to backtesting tool for Indian options traders. It’s fast, intuitive, and incredibly powerful for those trading weekly index options. Whether you’re just starting out or refining a well-tested strategy, StockMock helps reduce emotional trades and increases confidence.

It’s free, browser-based, and beginner-friendly — there’s no reason not to try it today.


FAQs

Is StockMock free to use?

Yes. All major features for backtesting are free. Premium upgrades are optional.

Does StockMock support stock options?

No. It supports only Nifty, Bank Nifty, and Finnifty weekly options.

Can I run intraday strategy backtests?

Yes. You can test strategies using entry/exit times like 9:20 AM to 3:15 PM on expiry day.

Is it accurate?

Yes. It uses 1-minute historical option data for realistic simulation.

Can I backtest multi-leg strategies?

Absolutely. You can add multiple legs — ideal for Iron Condors, Spreads, etc.

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