Positions on the stock page
The Positions table under the order panel lists your open contracts on that stock, headed “Positions · N on SPY” with the total P&L.
When you hold nothing on the stock, it reads “Nothing open on SPY.” A footer links your positions on other stocks (“2 more open on AAPL, NVDA”) and toggles History.
Selling back
Tap **Sell 1.50 — paid to your wallet.” confirms it.- The Sell button shows only for positions on the expiry currently selected in the dropdown. Positions on the other expiry show ”—” until you switch.
- In the last 15 minutes before an expiry, positions on that expiry can no longer be sold. They ride to settlement. The app says “Expired — it settles at the close price.” or “Not quoting right now — it will settle at the close.”
- You cannot sell from the Portfolio page. Its Trade button opens the stock page.
Positions on Portfolio
Under Your positions → Open, after any interval rows, each option shows:- The title, for example “SPY above 762”.
- ”▲ Call · Option · closes in 3h 05m”. This becomes “paying out” while a sale or payout is in flight, and “settling” after the close.
- “1.00 contracts · 1.50” (paid → now), the value, and the P&L with a percentage, or “in progress” / “not quoted now”.
- A Trade button.
Settlement
Settlement is automatic. At the expiry:- The settlement price is the average on-chain token price over the 5 minutes before the close. See How options work.
- In-the-money contracts are paid to your wallet in USDG by a job that runs every 5 minutes. Out-of-the-money contracts are marked settled with no payout.
- If no final price exists within 6 hours, the premium is refunded and the position shows as void.