Options Help — Chains, Orders, Strategies & Funding

Choose a contract before an amount

Use the underlying, expiry, call/put and strike controls in Options. Bid is the indicative selling price; ask is the indicative buying price. Check quote age, size, units and liquidity. The mark is not a promise that you can trade at that price. Unavailable contract data must be refreshed before review.

Authorize and fund the right account

Connect the intended EVM wallet, authorize account access and choose the trading account. Funding uses the Ethereum USDC route shown in Bitpont; keep ETH for gas. New accounts require a supported account manager and the displayed minimum deposit. A wallet signature is not external website registration, but a protocol account and its margin requirements still apply.

Review a single-leg order

1. Choose buy or sell. Buying risks the premium paid. Selling creates obligations and may require margin; an uncovered short call has theoretically unlimited loss.
2. Set quantity and price. Read the premium units, order validity, execution behavior and maximum fee per unit. A fee cap is a limit, not the actual fee estimate.
3. Review payoff and margin. Expiry scenarios are illustrations based on the selected contract and inputs. They do not model every path, fee or liquidation event.
4. Sign and monitor. Verify the submitted order and fills. Orders can partially fill or remain open. Use the account controls to cancel eligible orders and manage positions.

Volatility and synthetic futures

The Volatility page builds supported two-to-four-leg option combinations on one underlying and expiry. Review the entire structure, collateral, fee cap and maker quote. Execution depends on an eligible matching quote. Synthetic futures use option combinations; they are not exchange-listed dated futures.

Exit and withdraw

Check live quotes and account constraints before reducing positions. Closing an order does not settle an existing option position. Withdrawal requests have separate processing and settlement states; verify receipt in the destination wallet. If account reads fail, preserve operation identifiers and retry status reads before submitting another transfer.