diff --git a/CHANGELOG.md b/CHANGELOG.md
index 50ec8a86..b8e6aa0e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,7 @@
 * Added `juliacall.TypeValue.__numpy_dtype__` attribute to allow converting Julia types
   to the corresponding NumPy dtype, like `numpy.dtype(jl.Int)`.
 * JuliaCall now launches Julia with 1 thread by default.
+* Added options `trace_compile` and `trace_compile_timing` to JuliaCall.
 * Bug fixes.
 
 ## 0.9.31 (2025-12-17)
diff --git a/docs/src/juliacall.md b/docs/src/juliacall.md
index 26182add..c49e150f 100644
--- a/docs/src/juliacall.md
+++ b/docs/src/juliacall.md
@@ -142,6 +142,8 @@ be configured in two ways:
 | `-X juliacall-heap-size-hint=<N>` | `PYTHON_JULIACALL_HEAP_SIZE_HINT=<N>` | Hint for initial heap size in bytes. |
 | `-X juliacall-exe=<file>` | `PYTHON_JULIACALL_EXE=<file>` | Path to Julia binary to use (overrides JuliaPkg). |
 | `-X juliacall-project=<dir>` | `PYTHON_JULIACALL_PROJECT=<dir>` | Path to the Julia project to use (overrides JuliaPkg). |
+| `-X juliacall-trace-compile=<stderr\|name>` | `PYTHON_JULIACALL_TRACE_COMPILE=<stderr\|name>` | Print precompile statements. |
+| `-X juliacall-trace-compile-timing` | `PYTHON_JULIACALL_TRACE_COMPILE_TIMING=<yes\|no>` | Include timings with precompile statements. |
 
 ## [Multi-threading](@id py-multi-threading)
 
diff --git a/pysrc/juliacall/__init__.py b/pysrc/juliacall/__init__.py
index 729a2ae8..62fa5a51 100644
--- a/pysrc/juliacall/__init__.py
+++ b/pysrc/juliacall/__init__.py
@@ -64,7 +64,7 @@ def init():
             "For updates, see https://github.com/pytorch/pytorch/issues/78829."
         )
 
-    def option(name, default=None, xkey=None, envkey=None):
+    def option(name, default=None, xkey=None, envkey=None, allowflag=False):
         """Get an option.
 
         Options can be set as command line arguments '-X juliacall-{name}={value}' or as
@@ -73,6 +73,10 @@ def option(name, default=None, xkey=None, envkey=None):
         k = xkey or 'juliacall-'+name.lower().replace('_', '-')
         v = sys._xoptions.get(k)
         if v is not None:
+            if v is True:
+                if not allowflag:
+                    raise ValueError(f'-X{k}: expecting an argument')
+                return True, f'-X{k}'
             return v, f'-X{k}={v}'
         k = envkey or 'PYTHON_JULIACALL_'+name.upper()
         v = os.getenv(k)
@@ -80,6 +84,17 @@ def option(name, default=None, xkey=None, envkey=None):
             return v, f'{k}={v}'
         return default, f'<default>={default}'
 
+    def flag(name, default=None, **kw):
+        v, s = option(name, allowflag=True, **kw)
+        if v is None:
+            return default, s
+        elif v is True or v == 'yes':
+            return True, s
+        elif v == 'no':
+            return False, s
+        else:
+            raise ValueError(f'{s}: expecting yes or no')
+
     def choice(name, choices, default=None, **kw):
         v, s = option(name, **kw)
         if v is None:
@@ -128,7 +143,11 @@ def args_from_config(config):
                         val = 'no'
                     else:
                         continue
-                argv.append('--' + opt[4:].replace('_', '-') + '=' + val)
+                arg = '--' + opt[4:].replace('_', '-')
+                if val is True:
+                    argv.append(arg)
+                elif val is not None:
+                    argv.append(f"{arg}={val}")
         argv = [s.encode("utf-8") for s in argv]
 
         argc = len(argv)
@@ -145,6 +164,8 @@ def args_from_config(config):
     CONFIG['opt_home'] = bindir = path_option('home', check_exists=True, envkey='PYTHON_JULIACALL_BINDIR')[0]
     CONFIG['opt_check_bounds'] = choice('check_bounds', ['yes', 'no', 'auto'])[0]
     CONFIG['opt_compile'] = choice('compile', ['yes', 'no', 'all', 'min'])[0]
+    CONFIG["opt_trace_compile"] = option('trace_compile')[0]
+    CONFIG["opt_trace_compile_timing"] = flag('trace_compile_timing')[0]
     CONFIG['opt_compiled_modules'] = choice('compiled_modules', ['yes', 'no'])[0]
     CONFIG['opt_depwarn'] = choice('depwarn', ['yes', 'no', 'error'])[0]
     CONFIG['opt_inline'] = choice('inline', ['yes', 'no'])[0]