A position is a sentence
Every position on OptionHouse is one sentence, and each coloured word in it is a pill you can change.
Every position reads as one sentence:
I want to make $3,000 if ETH ends above $2,800 by Nov 27
That sentence is a whole options trade. You never pick contracts or legs. You say what you think, and OptionHouse builds the position.
The pills
Each coloured word is a pill. Tap one to change it, and the price follows.
| Pill | What it sets |
|---|---|
| Amount | What you make if the position wins in full. |
| Asset | What the position is on: ETH, BTC or SOL. |
| Verb | Which way you think it goes. |
| Price | The price, or the two ends of a range. |
| Date | When the position ends. |
A colour always means its word. Butter is what you make, sky the asset, salmon the verb, mint the price, lilac the date.
Five verbs
| Verb | You win if the asset |
|---|---|
| ends above | finishes above a price. |
| ends below | finishes below a price. |
| stays between | finishes inside a range. |
| ends near | finishes right at a price. This pays most. |
| breaks out of | finishes outside a range. |
Each verb draws its own shape: flat where you lose, rising where you win.
Why a ramp
The price in your sentence is where the full amount pays: ETH ending above $3,000 pays all of “make $3,000”. A position doesn’t jump from nothing to everything there, though. Just short of the price, the payout climbs toward the full amount, so a position can make money a little before its price. That ramp is what lets every position carry a fixed most-you-can-lose.