OKX Rolls Out Simple Options Trading for Four Tokenized Stocks

OKX has rolled out Simple Options trading for four tokenized stocks, giving users around-the-clock access to calls and puts with orders starting at one share.

The supported assets are xSPCX, xMU, xGOOGL and xNVDA. Users can buy calls, buy puts, sell calls or sell puts through the product.

Buyers can use options to seek exposure to price changes or protect existing holdings. Sellers can collect premiums for income or planned purchases, but selling carries obligations and collateral requirements. Before an order is submitted, users can review the premium, breakeven price and potential profit or loss.

Quotes use a single price, and the product has no separate trading fee. Users can access Simple Options in the OKX app under Trading, then Options and Simple Options. Trading is available 24 hours a day, seven days a week.