> For the complete documentation index, see [llms.txt](https://docs.jaspervault.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.jaspervault.io/support/tutorials/jasper-pro-leverage-a-step-by-step-guide-to-buying-options.md).

# 🖥️ 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="/files/d43nFwGa5FsTj8j53mtr" 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="/files/uDOirdY8VjHBJY3c0jHG" 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="/files/rDtIerhrzROOrIiH7EP2" 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="/files/lMLN2vJgUJtSV7hdUme9" 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="/files/T97AD5sGANr131A824Yb" alt=""><figcaption></figcaption></figure>

* **Select Payment Asset**: Choose the assets (e.g., iBTC, ETH, USDT) to pay your premiums in

<figure><img src="/files/LZRv0Z7vHdYeRrLs5YBe" 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="/files/vzukJpma8WqQApHwkYRE" alt=""><figcaption></figcaption></figure>

### 4. Execute and Monitor Trade

* Click on the Pay button to confirm your trade

<figure><img src="/files/qzSMcQwKagkl2P90yCxM" 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="/files/6SrfI1jT3ofWpr1spCKh" 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>