Live derivatives market · Collectibles

Trade options on Pokémon cards.

Calls and puts on the market's grail cards. Speculate on the next chase card, hedge the binder you already own, or collect premium like a market maker — fully collateralized, on-chain.

contract — coming soon
Vault liquidity
$1.0M
Listed cards
10
Market hours
24/7
STR 800
ZARD 850C
+4.12% · $52 prem
MOON 2200P
IV 85% · $88 prem
// the four trades

Every position starts
with one of these.

Options give you four ways to trade a card without ever shipping it. Each contract controls one card at a fixed strike price until expiry — cash-settled against live TCG market data.

Long · pay premium

Buy a Call

Pay a small premium now for the right to buy at the strike. If the card rips past it, your upside is unlimited — your risk is only the premium.

You believe: this card is going up.
Short · earn premium

Sell a Call

Collect the premium upfront. As long as the card stays below the strike through expiry, every cent of it is yours to keep.

You believe: it won't rise past the strike.
Long · pay premium

Buy a Put

Pay a premium for the right to sell at the strike. When hype fades and the price bleeds, the put gains value fast — or insures your own copy.

You believe: this card is going down.
Short · earn premium

Sell a Put

Get paid to name your entry. Keep the premium if the floor holds — and if it doesn't, you're effectively buying the card at a discount you chose.

You believe: it won't fall below the strike.
// options chain

Pick a card. Pick a strike.

Live chains on the market's most-traded grail cards, priced by a Black-Scholes engine off real TCGplayer market data. Click any strike to open it in the terminal.

Index price
$2.240
ATM IV
85%
Network
Robinhood
Expiry
Oct 25 '26
call bidcall askivstrikeivput bidput ask
// 30d expiry · cash-settled vs live TCG price · 1 contract = 1 card · settled in ETH on Robinhood Chain
// how it works

From deposit to settlement
in three steps.

1

Connect your wallet

Connect on Robinhood Chain. Buying options only costs the premium; writing them locks fully-collateralized margin sized to the position.

collateral · ETH
2

Pick your contract

Choose the card, the strike, the expiry and the side. Premiums are priced live by a Black-Scholes engine off real market data — the collectibles market never closes here.

expiries · 7d–180d
3

Settle on-chain

Every contract is backed 1:1 by locked collateral in the vault and cash-settles against the card's market price. No shipping, no grading disputes.

settlement · automatic
// who it's for

Traders. Collectors.
Market makers.

Hedge the binder

A collector holding thousands in vintage holos can buy puts on the cards they own and sleep through the next market-wide drawdown — insurance priced by the market, not a broker.

protective putscollarsdownside hedging

Speculate with defined risk

Think a reprint tanks a set, or a nostalgia wave sends an old card vertical? Express it with a contract instead of a four-figure slab.

callsputsspreads

Earn like the house

Write covered calls against cards you already hold, or provide liquidity to the vault and collect premium flow like a market maker.

covered callsvault LPpremium

The card market never closes.
Neither do the options.

Buy $OPTIONS on Pons 𝕏 Follow
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