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Buy calls & puts
Go long a move in either direction with defined risk. Pay a premium, and your maximum loss is exactly that premium.
- Defined, capped downside
- Leverage without liquidation
- Cash-settled at expiry
Buy calls and puts on tokenized equities, or write them to earn premium. Fully collateralized, priced by live oracles, and open 24/7.
Every contract is fully collateralized in your own wallet and settles against a live oracle price. No broker, no market hours, no counterparty risk desk.
Go long a move in either direction with defined risk. Pay a premium, and your maximum loss is exactly that premium.
Sell covered calls or cash-secured puts against collateral you already hold and collect the premium up front.
Combine legs into spreads, straddles and collars to shape your exact payoff and cost basis in one order.
Every short option is backed 1:1 by locked collateral in a smart contract. There is no margin call and no way for a writer to default on assignment.
Contracts settle against decentralized price feeds at expiry, cash-settled to the penny. No manual exercise, no pin risk games.
Tokenized equities never close. Hedge a weekend gap or trade an earnings reaction the moment it happens, not at the next opening bell.
Positions and collateral live in your wallet on Robinhood Chain. Connect, trade, and withdraw permissionlessly with sub-cent gas.
Live oracle prices across index ETFs and single names. Click any market to open its option chain.
Options on tokenized stocks — ERC-20 tokens that track real equities like NVDA or SPY via on-chain oracle price feeds. You trade standard calls and puts designed to cash-settle to the oracle price at expiry.
By design, into the protocol’s settlement contract: long premium and short collateral are locked on-chain and never rehypothecated or lent out. This interface is a working preview — pricing and payoffs are real, and the settlement contracts go live on deploy.
Premiums are quoted from a live pricing engine — Black-Scholes with a per-name volatility surface — referencing the oracle spot. What you see in the chain is exactly what the ticket and payoff price against.
No. Contracts are designed to cash-settle automatically against the oracle at expiry, so there is no manual exercise and no assignment surprises.
Options can expire worthless — a long can lose 100% of premium, and a short writer can be assigned. This is unaudited, experimental software. Trade only what you can afford to lose, and never treat anything here as financial advice.
Anyone with a wallet, except persons in restricted jurisdictions (currently U.S., Canada, U.K., Switzerland). By connecting a wallet you confirm you are not in a restricted region.