Below is a quick video walkthrough - if you have any questions, please visit our Discord server.

Here’s a step-by-step guide to trading options on Deriverse:

Step 1: Access the Options Manager

You will interact with the options market via the Options Manager. Select the underlying asset at the top, currently SOL.

Step 2: Choose Expiration and View Options

• Select your preferred expiration date (e.g., November 15th).

• The options will be displayed with strike price increments of 2.5 and 5.

• On the left, you’ll find call options (right to buy SOL).

• On the right, you’ll find put options.

Step 3: Understanding Option Indicators

The interface also provides key indicators:

• IV (Implied Volatility): Shows the volatility implied by the pricing model.

• Delta: Measures how much the option’s price can change for every $1 movement of the underlying asset.

• Gamma: Indicates the rate of change for Delta.

• Premium: The price paid or received for the option.

Step 4: Place an Options Trade

1. Click the 3 dots next to the desired option and select Buy or Sell.

2. Choose the quantity and review your order summary.

3. Click Build Order to finalize.

4. The purchased option will appear in your Derivatives Portfolio.

Troubleshooting

• If you can’t see your options order, ensure it is correctly set up and you have sufficient funds.

By following this guide, you should be ready to start trading on the Deriverse testnet and experience all the platform has to offer. Happy trading!