# 🌐 0DTE Options: A Step-by-Step Guide

0DTE Options is Jasper Vault’s advanced options product designed for users seeking more flexibility and control in their trades. As an evolution from our flagship DEGEN Options, 0DTE offers extended tenors, customizable trade sizes, and a wider selection of assets. For those who has a deeper understanding of options, 0DTE provides more flexibility to align trades with specific market views and strategies, allowing customization of size, tenor, and underlying assets.

## **Why Trade 0DTE Options?**

* **Flexible Tenors:** Choose option durations from as short as 30 minutes up to 24 hours.
* **Customizable Trade Sizes:** Unlike DEGEN Options, where sizes are predefined, 0DTE lets you input your desired quantity.
* **Wide Asset Selection:** Trade a variety of cryptocurrencies beyond just Bitcoin and Ethereum.
* **High Leverage, No Liquidation Risk:** Enjoy up to 300x leverage with your losses capped at the premium paid.

## **How to Trade 0DTE Options on Jasper Vault**

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2FIsJdguYJreEVy2YgsEag%2Fimage.png?alt=media&#x26;token=53118901-2d2b-4664-9d40-d8399cca5afe" alt=""><figcaption><p>Trading Sequence on 0DTE Options</p></figcaption></figure>

### **1. Connect Your Wallet**

* Visit Jasper Vault and connect your wallet.
* Select the **Bitlayer**, **Arbitrum**, or **Base** network depending on your preference.

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2F2j46QKrrxfhM9RtWJUFt%2Fimage.png?alt=media&#x26;token=b812cd0e-ac20-4344-a1f8-c82ae9d87bc5" alt=""><figcaption></figcaption></figure>

### **2. Place a Trade**

Go to the **0DTE** tab

* **Select Underlying Asset**: Select the underlying asset of your choice, ranging from Majors to Altcoins
* **Select Trading Direction:** Choose between a **Call Option** (predicting the price will go up) or a **Put Option** (predicting the price will go down).

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2FCjEpVuE1Z93esvPo6TeS%2Fimage.png?alt=media&#x26;token=a037c6ec-9cc3-4d43-aaec-6079726a0fd6" alt=""><figcaption></figcaption></figure>

* **Input Trade Size:** Specify the amount of the underlying asset you wish to trade. You can toggle to a stablecoin amount by clicking the flip button (e.g., 0.03 iBTC or 10 USDT).
* **Choose Tenor:** Select the desired option duration, ranging from 2 hours to 24 hours.

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2FMkBGRGJK9USnpSrEOwLG%2Fimage.png?alt=media&#x26;token=fac1c833-b768-4a36-ac7e-68fa8fca4e8c" alt=""><figcaption></figcaption></figure>

* Click on confirm to move to the order summary page.

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2FSetwyFfdzOLzALUdpfkQ%2Fimage.png?alt=media&#x26;token=5b29e01e-daec-4eb8-a92c-78bbd1b32ab2" alt="" width="375"><figcaption></figcaption></figure>

### **3. Pay the Premium & Execute Trade**

* **Select Payment Asset:** You can choose which assets (e.g., BTC, USDT) to pay your premiums in

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2FyCjqb1LrX2mNwdIVKelN%2Fimage.png?alt=media&#x26;token=5b4b5a78-8142-4e77-bedf-75f8fe164135" alt=""><figcaption></figcaption></figure>

* If you have received Trading Credits from us, you can click on it to redeem it and offset the cost.
* Click on **“Total Cost”** to proceed with payment and execute your trade.

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2F9XbYabC2jNDFkVFzRpHp%2Fimage.png?alt=media&#x26;token=9eab6c44-c080-44b0-bc30-fe3a64349857" alt=""><figcaption></figcaption></figure>

### 4. Monitor and Check Your Performance

After executing a trade, you can track its progress at any time:

* You can monitor your position right after placing a trade or click on the **Positions** tab to view it.
* The trade is **automatically settled** upon option expiry.
* Profits from **Calls** are in the underlying asset (e.g., BTC, ETH), while profits from **Puts** are in **USDT**.
* All trade details, including **gross profit, net profit, premium paid, and ROI**, can be found in the **Positions** tab, which is divided into three sub-tabs: **All, Open, and Expired**.

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2Fm8mHwOazm4slKkyrWUfH%2Fimage.png?alt=media&#x26;token=dd0e4a2c-6b44-457c-b02e-bd670a0eb6bb" alt="" width="375"><figcaption></figcaption></figure>

### **5. Optional: Fund Your AA Wallet For Gas-Subsidized Transactions**

To enjoy **gas-subsidized** transactions:

* Go to the **Account Tab** and click the **Receive** icon
* **Transfer** assets from your Externally Owned Account (EOA) wallet to your Account Abstraction (AA) wallet

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2FxULmlTxRlu694k4fdCbI%2Fimage.png?alt=media&#x26;token=fab11ef8-8c8e-4ef4-80f2-aa6ef2991a7b" alt=""><figcaption></figcaption></figure>

**Important Notes:**

* If your EOA wallet has insufficient funds, **first transfer funds to your EOA wallet**, then move them to your AA wallet
* All transfers are **secure**—only the owner of the EOA wallet has access and control of the AA wallet, ensuring the safety of your funds
* You can choose to send all your assets back from your AA wallet to your EOA wallet anytime anywhere

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2FdROx5cmHBJoc15kusq1T%2FBitStone_tut07.png?alt=media&#x26;token=161c69d9-28f4-4b0d-90cf-18bfe2f7edf7" alt=""><figcaption></figcaption></figure>

## **Get Started with 0DTE Options Today!**

0DTE Options offers an intuitive, flexible, and powerful way to engage in options trading. Whether you're looking to hedge, speculate, or diversify your strategies, 0DTE empowers you with more choices and control. Connect your wallet, customize your first trade, and experience the next level of DeFi options trading on Jasper Vault!

**Start Trading Now:** [**https://app.jaspervault.io/**](https://app.jaspervault.io/)