Transfer testnet fund to your Exchange Wallet to get started
Click the wallet button on the top right-hand corner for quick access to your wallet, or use the transfer button under the Amount box.
For more information on how to collect testnet tokens, please refer to "Steps to Using Testnet Faucet"
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Click on "Option" to start trading
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Select your option's exercise time by clicking on Exercise Time
Exercise time is the moment at which your purchased option will be settled
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Choose the strike price by entering a number or using the slider bar below
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Key in the number of contracts you are willing to purchase
The minimum number of option purchases is 1 contract
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The option price shows here after exercise time and strike price is chosen
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Total Cost displays the cost of purchasing selected options
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Select your option strategy of Call or Put
At exercise time, a call option makes a profit when the underlying asset's price rises above the strike price, and a put option makes a profit when the underlying asset's price falls below the strike price
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For example, click on BUY CALL
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Purchased options' strike prices will be marked on the chart
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Click on Position to view purchased options
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Under the "Position" tab, you can check the detailed information about your purchased options, such as the time til expiration, strike price, PnL, and etc.
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Click on "History" when your Simple Option matures at exercise time. Users need to manually settle their options
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"PNL" displays the final profit and loss of that option position. Simple Option settles at $1.00 or $0.00 per share depending on whether it meets the call/put conditions
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Click on "Settle All" to manually settle your options.
The "Settle" button will be disabled after the settlement
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