Native Options Markets for Robinhood Chain Stock Tokens
Trade calls and puts on Stock Tokens, directly on Robinhood Chain.
The beta is live on testnet. Explore the options chain, check prices and expiries, and try the full trading flow with demo funds.
Indicative options data · No live options execution
A familiar options experience, onchain
See bid, ask, IV, delta and expiry at a glance. Select a contract to see the premium, break-even and maximum loss before placing a trade.
The current NVDA market has 21 strikes across 4 expiries. The beta is there to let people use the product, test the flow and tell us what needs to change before live markets open.
- Calls
- Strike
- Puts
- Bid / Ask
- Implied Volatility
- Greeks
- Order Ticket
- Payoff at Expiry
| Delta | IV | Bid | Ask | Strike | Bid | Ask | IV | Delta |
|---|---|---|---|---|---|---|---|---|
| 0.79 | 49.3% | 11.27 | 12.44 | 175 | 1.63 | 1.76 | 49.3% | -0.21 |
| 0.73 | 49.1% | 9.54 | 10.46 | 177.5 | 2.24 | 2.44 | 49.1% | -0.27 |
| 0.66 | 49.0% | 7.98 | 8.64 | 180 | 3.05 | 3.25 | 49.0% | -0.34 |
| 0.59 | 48.8% | 6.59 | 7.00 | 182.5 | 4.01 | 4.25 | 48.8% | -0.41 |
| 0.52 | 48.7% | 5.29 | 5.64 | 185 | 5.14 | 5.46 | 48.7% | -0.48 |
| 0.45 | 48.6% | 4.16 | 4.48 | 187.5 | 6.46 | 6.85 | 48.6% | -0.55 |
| 0.38 | 48.5% | 3.24 | 3.47 | 190 | 7.92 | 8.45 | 48.5% | -0.62 |
| 0.31 | 48.4% | 2.46 | 2.66 | 192.5 | 9.48 | 10.29 | 48.4% | -0.69 |
| 0.25 | 48.4% | 1.82 | 2.01 | 195 | 11.30 | 12.19 | 48.4% | -0.75 |
- Order type
- Limit
- Contracts
- 1.00
- Limit price
- 5.64 USDG
- Estimated premium
- 5.64 USDG
- Breakeven at expiry
- 190.64
- Max loss
- 5.64 USDG
- Max profit
- Uncapped
No order will be submitted.
Trade options on the stocks you already follow
NVDA, AAPL, TSLA, MSFT, AMZN and META are the first markets we're working with.
These stocks are available as ERC-20 tokens on Robinhood Chain, giving Levr an onchain underlying to build options around.
More markets will be added as pricing and liquidity become available.
Built for speed, settled onchain
Orderbook
Orders are matched offchain, so the order book can update without waiting for block confirmations.
Onchain positions
Collateral and positions are held in smart contracts on Robinhood Chain, with settlement happening onchain at expiry.
Settlement
The first release uses European-style options and Chainlink Data Streams for settlement. Portfolio margin won't be available at launch, so each position is collateralised separately.
Full expiry, collateral and settlement details will be published before live trading begins.
Get in early
We're opening Levr gradually and want early users to help shape the product.
Join the waitlist, connect your wallet and tell us which market you want to trade first.