Steps Options

European ladder option: at expiry, the closing price versus entry confirms the tier and payout. Deeper tiers pay more. Fixed premium, known risk.

Steps is a European ladder option. You choose a direction and a ladder of price tiers. At expiry, settlement compares the closing price to entry and pays the matching tier's odds — deeper tiers pay progressively more.

Pullbacks before expiry do not lock a higher tier. Only the settlement price confirms the rung and the payout. Maximum loss is the fixed premium.

Ladder Option — Tiered profits

Underlying
Single asset
Settlement time
At option expiry
Trigger
Closing price versus entry reaches a ladder tier
If not exercised
Premium forfeited

At expiry, checks whether the closing price versus entry reaches a ladder tier. Deeper tiers yield more.

This describes the product structure. Live payout and parameters on the order screen take precedence.

Seven games cover different market views: Trend for direction, Range for sideways markets, Beats for one-touch moves, Steps for laddered targets, Combo for multi-asset baskets, Pairing for relative strength and Moves for realized volatility.

  • Trend — Predict short-term price direction
  • Range — Predict price stays within the target range
  • Beats — Settle when price hits the target level
  • Steps — Multi-tier payoff linked to price offset
  • Combo — Three-asset same-direction combo amplifies profit
  • Pairs — Compare relative strength of two assets
  • Moves — Predict volatility falls within a range