# Advantage **Degen Options Characteristics** 1. Access to high leverage (approximately 150x, depending on market volatility) 2. More affordable than longer dated options(dailys, weeklies, monthlies) to appeal to smaller traders 3. Zero risk of liquidation from market volatility within 8 hours while the position is opened 4. No time zone restriction (8 hour expiry starts when position is opened) 5. At-The-Money (ATM) strike easily allows user accessibility to focus on market direction --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.jaspervault.io/product/degen-options/advantage.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.