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.
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.
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.
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.
Collect the premium upfront. As long as the card stays below the strike through expiry, every cent of it is yours to keep.
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.
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.
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.
| Call bid | Call ask | IV | Strike | IV | Put bid | Put ask |
|---|
// 30d expiry · cash-settled vs live TCG market price · 1 contract = 1 card
Connect on Robinhood Chain and grab test USDG from the faucet. Buying options only costs the premium; writing them locks fully-collateralized margin sized to the position.
collateral · USDGChoose 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 to 180dEvery 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, no counterparty risk.
settlement · automaticYour collection is a portfolio whether you treat it like one or not. 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 by a broker.
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.
Write covered calls against cards you already hold, or provide liquidity to the vault and collect the house edge on every trade.
The first on-chain derivatives market for Pokémon cards. Connect a wallet and trade your first contract in under a minute.
Open the terminal