Pick your stock
Choose a stock you follow.
Trade your view on its price.
NVDASTOCK RWAs. SIMPLE OPTIONS.
Bet onstock prices.
Yes, it’s the good old options chain.
Calls for up. Puts for down. Your stock, your strike.
STRIKE PRICE$180
CALL ↗↘ PUT
CALLS, PUTS & STOCK PRICES
Your options chain.
Practice tradingVirtual funds
Practice buying power$10,000.00
Open positions0
Realized P&L$0.00
Practice account saved on this device
NVIDIA
NVDA—Getting reference price…
Connecting to the stock-price source…
↗ CallsThink it’s going up
Strike price
Puts ↘Think it’s going down
| Call ask | Strike price | Put ask |
|---|
How are these prices calculated?
Practice premiums use a Black–Scholes model with a 4% annual interest assumption, no dividends, a 1.5% simulated spread plus a one-cent adjustment on each side, and the volatility below. They are not executable exchange quotes. One unit represents one share of price exposure.
Weekly practice expiries use Friday at 4 p.m. New York time and do not adjust for exchange holidays. Expired positions require a manually supplied practice settlement price.
YOUR PRACTICE PORTFOLIO
Your positions.
Virtual funds. Saved on this device.
Stock
options.
NVIDIA, Tesla, Apple and more.
Bet on the price move with a call or put.
One strike. One expiry. One upfront premium.
Your first option.
Four steps. One practice trade.
NVDAChoose a direction
Call if you expect a rise.
Put if you expect a fall.
↗Call
↘Put
Set your strike
Choose a strike and an expiry.
See what each option costs.
EXAMPLE STRIKES
$175
$180 ↗
$185
Know your cost
Your premium is your max loss.
Review it before you buy.
EXAMPLE MAXIMUM LOSS$30.00
$3 per unit × 10 units.
TRY IT FOR YOURSELF
Call for up.
Call for up.
Put for down.
Above your strike, a call pays out at expiry. Below it, a put pays out. Your profit is the payout minus your premium.
Try both directions. Move the example stock price to see the payout and your profit or loss after the premium.
ILLUSTRATIVE EXAMPLE
$180 strike · $3 premium per unit · 10 units
$30 total premium. These are fixed example prices.
NVIDIA · AT EXPIRY$190.00
Cash payout$100.00
Profit / loss+$70.00
The stock finishes above your strike. Subtract the $30 premium from the payout to find your profit.
Strike
The price your option’s payoff is measured against.
Premium
The upfront cost of opening your option.
Expiry
When your option expires and the final price determines its payout.
Breakeven
The expiry price where the payoff covers your premium.
Back the
other side.
Options need a counterparty. A future liquidity vault could collect premiums and fund payouts when traders finish in the money.
Price decides
the payoff.
The price at expiry decides the payout. Test it here by settling a practice position with a hypothetical closing price.
Stock RWAs.
Familiar options.
A familiar options chain for stock RWAs. Designed for Robinhood Chain.
