diff --git a/python/CHANGELOG.D/365.feature b/python/CHANGELOG.D/365.feature
new file mode 100644
index 000000000..e5df2a14c
--- /dev/null
+++ b/python/CHANGELOG.D/365.feature
@@ -0,0 +1 @@
+Implement --show-traceback command line option to show python traceback in case of top-level error
\ No newline at end of file
diff --git a/python/README.md b/python/README.md
index 1b7ed8ac7..b78d84eb3 100644
--- a/python/README.md
+++ b/python/README.md
@@ -60,6 +60,7 @@ Name | Description|
 |_\-u, --url URL_|Override API URL \[default: https://platform.dev.neuromation.io/api/v1]|
 |_\-t, --token TOKEN_|API authentication token \(not implemented)|
 |_--verbose_|Enable verbose logging|
+|_\--show-traceback_|Show Python traceback on exception|
 |_\-v, --version_|Print version and exit|
 
 
diff --git a/python/neuromation/cli/main.py b/python/neuromation/cli/main.py
index 842ac5339..9bc83cd85 100644
--- a/python/neuromation/cli/main.py
+++ b/python/neuromation/cli/main.py
@@ -73,7 +73,7 @@ def setup_console_handler(handler, verbose, noansi=False):
 
 
 @command
-def neuro(url, token, verbose, version):
+def neuro(url, token, verbose, show_traceback, version):
     """    ◣
     ▇ ◣
     ▇ ◥ ◣
@@ -92,6 +92,7 @@ def neuro(url, token, verbose, version):
   -u, --url URL         Override API URL [default: {api_url}]
   -t, --token TOKEN     API authentication token (not implemented)
   --verbose             Enable verbose logging
+  --show-traceback      Show Python traceback on exception
   -v, --version         Print version and exit
 
 Commands:
@@ -883,6 +884,13 @@ def main():
     if is_verbose:
         sys.argv.remove("--verbose")
 
+    is_show_traceback = "--show-traceback" in sys.argv
+    if is_show_traceback:
+        sys.argv.remove("--show-traceback")
+        log_error = log.exception
+    else:
+        log_error = log.error
+
     setup_logging()
     setup_console_handler(console_handler, verbose=is_verbose)
 
@@ -906,51 +914,51 @@ def main():
             print(res)
 
     except neuromation.client.IllegalArgumentError as error:
-        log.error(f"Illegal argument(s) ({error})")
+        log_error(f"Illegal argument(s) ({error})")
         sys.exit(os.EX_DATAERR)
 
     except neuromation.client.ResourceNotFound as error:
-        log.error(f"{error}")
+        log_error(f"{error}")
         sys.exit(os.EX_OSFILE)
 
     except neuromation.client.AuthenticationError as error:
-        log.error(f"Cannot authenticate ({error})")
+        log_error(f"Cannot authenticate ({error})")
         sys.exit(os.EX_NOPERM)
     except neuromation.client.AuthorizationError as error:
-        log.error(f"You haven`t enough permission ({error})")
+        log_error(f"You haven`t enough permission ({error})")
         sys.exit(os.EX_NOPERM)
 
     except neuromation.client.ClientError as error:
-        log.error(f"Application error ({error})")
+        log_error(f"Application error ({error})")
         sys.exit(os.EX_SOFTWARE)
 
     except aiohttp.ClientError as error:
-        log.error(f"Connection error ({error})")
+        log_error(f"Connection error ({error})")
         sys.exit(os.EX_IOERR)
 
     except NotImplementedError as error:
-        log.error(f"{error}")
+        log_error(f"{error}")
         sys.exit(os.EX_SOFTWARE)
     except FileNotFoundError as error:
-        log.error(f"File not found ({error})")
+        log_error(f"File not found ({error})")
         sys.exit(os.EX_OSFILE)
     except NotADirectoryError as error:
-        log.error(f"{error}")
+        log_error(f"{error}")
         sys.exit(os.EX_OSFILE)
     except PermissionError as error:
-        log.error(f"Cannot access file ({error})")
+        log_error(f"Cannot access file ({error})")
         sys.exit(os.EX_NOPERM)
     except IOError as error:
-        log.error(f"I/O Error ({error})")
+        log_error(f"I/O Error ({error})")
         raise error
 
     except KeyboardInterrupt:
-        log.error("Aborting.")
+        log_error("Aborting.")
         sys.exit(130)
     except ValueError as e:
         print(e)
         sys.exit(127)
 
     except Exception as e:
-        log.error(f"{e}")
+        log_error(f"{e}")
         raise e
diff --git a/python/tests/cli/test_help.py b/python/tests/cli/test_help.py
index 4164f8b6a..39f8bd5df 100644
--- a/python/tests/cli/test_help.py
+++ b/python/tests/cli/test_help.py
@@ -13,7 +13,7 @@ def test_help(run):
     assert not captured.err
     assert captured.out == neuro.__doc__ + "\n"
 
-    commands = neuro(None, None, None, None)
+    commands = neuro(None, None, None, None, None)
 
     for command, func in commands.items():
         if not hasattr(func, "_command_name"):