# 🖥️ Jasper Pro (Leverage): A Step-by-Step Guide to Buying Options

Jasper Pro is our next-generation trading platform designed specifically for professional and institutional traders. Our platform transforms trading with a suite of smart features: access to diverse OTM strike prices, an automated orderbook for market and limit orders, and integrated IV and pricing analytics with competitive pricing from multiple LP vaults. This gives you a real-time market view to execute sophisticated strategies confidently.

## Why Trade with Jasper Pro?

* Cutting-Edge Trading Tools: Leverage state-of-the-art features crafted for professionals and institutions.
* Customizable Strategies: Tailor your trades with in-depth Greeks, IV analysis, and market insights.
* Enhanced Execution Flexibility: Utilize advanced spread strategies to fine-tune market entries and exits.
* Professional-Grade Analytics: Access robust analytics designed for high-level, strategic trading decisions.

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2F9UW9UD0bUgGsRJSqzt5M%2Fproimg10.png?alt=media&#x26;token=51955d2e-d6d6-40ab-bb0b-028197eb488c" alt=""><figcaption></figcaption></figure>

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## How to Trade on Jasper Pro

### 1. Connect Your Wallet or Account

* Visit [Jasper Pro](https://app.jaspervault.io/pro/#/leverage) and connect your wallet based on your wallet provider
* You can choose any network; assets on all chains will be displayed
  * When placing an order, the system will prompt you to switch networks if needed.

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2FMuA70EQtIyDY7W36v8Tg%2Fproimg02.png?alt=media&#x26;token=1dcc6cdd-0a83-412b-8990-a1418d7059a1" alt=""><figcaption></figcaption></figure>

### 2. Place a Trade

* **Select Underlying Asset**: Choose which underlying assets you wish to place an option trade on, ranging from Majors to Altcoins
* **Select Tenor**: Choose the desired option duration, ranging from 30 minutes to 24 hours
* **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%2FE1eWXlxnb7imHf4ZGagI%2Fproimg03.png?alt=media&#x26;token=f22c5626-4693-4a29-b921-7bc8c6da372e" alt=""><figcaption></figcaption></figure>

* **Select Strike Price**: Choose your desired strike price. Out-of-the-money (OTM) strike price ranges from ±0.05% to ±3.75% depending on the tenor picked

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2FJsYPUzjHwHfFBEfENUJp%2Fproimg04.png?alt=media&#x26;token=e6ac1109-a7a6-4f31-8ed2-e0cefe6cbce8" 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)

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2F6B5xFoTBbYRUtch0HlQV%2Fproimg05.png?alt=media&#x26;token=f174498f-00d8-4231-bdc0-7b7d5a6172f9" alt=""><figcaption></figcaption></figure>

* **Select Payment Asset**: Choose the assets (e.g., iBTC, ETH, 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%2F5VnCtlxnzgEneatOOK6R%2Fproimg06.png?alt=media&#x26;token=59f07c2e-8c5e-4429-b9b9-f00c435f7f09" alt=""><figcaption></figcaption></figure>

### 3. Choose Your LP Vault

* Browse the LP vault list to view available liquidity providers as your counterparty.
* Pick the LP vault that aligns best to your trade based on pricing and size

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2FnY3W8O3kBXYI4nvjfwgq%2Fproimg07.png?alt=media&#x26;token=e44998c2-538c-4700-8582-41c996e44828" alt=""><figcaption></figcaption></figure>

### 4. Execute and Monitor Trade

* Click on the Pay button to confirm your trade

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2Fds1VsOZD1wYQFep6Ovb6%2Fimg_v3_02k1_2e8efa2e-ee4b-4016-86c7-34f34c24e3hu.png?alt=media&#x26;token=91d03ad8-136d-4432-87aa-ed6c0607aa16" alt=""><figcaption></figcaption></figure>

* Monitor your position performance under the Positions tab
* Profits from "Calls" are in the underlying asset (e.g. BTC, ETH) while profits from "Puts" are in USDT
* Check the **History** tab to see gross profit, net profit, premium paid, and ROI

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2FyWBvPaX3YPzqdAlxkk7q%2Fproimg09.png?alt=media&#x26;token=d4dc0781-bfc4-44a5-9ac3-f7533f85a21e" alt=""><figcaption></figcaption></figure>

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## Get Started with Jasper Pro Today!

Jasper Pro offers a powerful, customizable, and analytics-driven trading experience tailored for professionals and institutions. Connect your wallet, customize your strategy, and experience the next level of trading excellence.

Start Trading Now: <https://app.jaspervault.io/pro/#/leverage>