HOOD OPTIONSPRELAUNCH
Solana
EUROPEAN OPTIONS / FULLY COLLATERALIZED

HOOD
OPTIONS

Defined-risk stock options, underwritten by protocol liquidity on Solana.

UnderlyingHOODRobinhood Markets
ExerciseEuropeanAt expiry only
SettlementCashStablecoin collateral
StatusPrelaunchContracts in testing
H
HOODRobinhood Markets, Inc.
MODEL PREVIEW
Model spot$75.00 Editable scenario, not a live quote
ExpiryMODEL TENOR
CALL SPREADMODELSTRIKEMODELPUT SPREAD
6060 / 70
6565 / 75
7070 / 80
7575 / 85
8080 / 90
8585 / 95
9090 / 100

Model values use a capped Black-Scholes spread estimate. They are not live, executable, or sourced from an exchange.

PROTOCOL LIQUIDITY

Underwrite the market.
Earn its premiums.

Liquidity providers fund bounded option liabilities. Premiums remain inside the vault and accrue to LP share value.

HOOD OPTION VAULT / EPOCH 01PRELAUNCH
Total assets—LIVE ONCHAIN VALUE
Locked collateral—OPEN MAX PAYOUTS
Available depth—NEW CONTRACT CAPACITY
Maximum fully backed $10 contracts250
01
DEFINED LIABILITY

Every series caps payout at the spread width. The vault cannot write beyond available collateral.

02
PREMIUMS TO LPs

Buyer premiums enter the vault, increasing net asset value rather than flowing through a separate rewards token.

03
EPOCH WITHDRAWALS

Liquidity exits only after outstanding settlement obligations are released, protecting active positions.

THE MONEY FLOW

One vault.
Every dollar accounted for.

HOOD Options uses bounded, cash-settled contracts so the protocol can prove the maximum liability before accepting an order.

Read protocol design
01LP COLLATERALStablecoin enters a program-owned vault.
02OPTION PREMIUMBuyer premium increases vault assets.
03MAX PAYOUT LOCKEDNew orders stop before solvency is breached.
04EXPIRY SETTLEMENTOracle price fixes one deterministic payout.

Reference-price derivatives, not Robinhood shares. HOOD Options is in development. No production program, collateral vault, or equity settlement oracle is live yet.