Welcome to Omni by LedgerX! Get started by funding your account and learning how to trade.

Fund Your Account
To deposit funds, click the Deposit button on the left pane and follow the instructions in the Deposit tabs.
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Contracts are fully-funded. When you buy an option, you will pay the seller the $ premium at time of trade. To sell a call, you need to deposit BTC. To sell a put, you need to deposit the strike price in dollars. 1 Contract = 1 Bitcoin
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Trade Bitcoin Options
Click the Options tab to scroll through the options chain and view the available expirations and strike prices.

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Buying a call: you are paying for the option to buy bitcoin at the strike price on the expiration date.
Buying a put: you are paying for the option to sell bitcoin at the strike price on the expiration date.
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Selling a call: you collect a premium at time of trade; you are obligated to sell bitcoin at the strike price if you're assigned.
Selling a put: you collect a premium at time of trade; you are obligated to buy bitcoin at the strike price if you’re assigned.
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Trade Bitcoin
Click the Bitcoin tab and select buy or sell. Enter your quantity to see the purchase or sale price.

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Options Expiration and Settlement
Options expire at 4pm EST on the expiration date. Settlement runs at 5pm EST. The option buyer has until 5pm EST on expiration to submit exercise instructions. There is no auto exercise. Exercise instructions will only be accepted if the buyer has deposited the sufficient collateral to their Omni account.


Have questions? We're here to help! Email us at [email protected]