For a specific target

Expiry Trading

Set a price target and turn it into four simplified trades.

Choose your expiry price, and mark your level on a clear chart. Get four trade options based on your asset, your view, and your target price, starting from high-risk, balanced, bold, and aggressive.

Expiry TradingBTC · Friday 08:00 UTC close
Expiry
BTC $116,110Your level 119,500EXPIRY FRI 08:00Pick a risk bandDefensive+38%Balanced+92%Bold+170%Aggressive+310%
For illustration purposes only. Not live market prices.
How it works

Three simple steps from target to trade

Step 1

Choose your expiry

Pick when you want the trade to expire. Choose from daily, weekly, or monthly expiries.

Step 2

Mark your target

Set the price you think the asset will reach on expiry. Move your target on the chart and see the trades update.

Step 3

Choose your risk

See four trade choices built around your target, from aggressive to more defensive. Compare the potential outcome and worst case before you trade.

Before you trade

Know the trade before you place it

Know the worst case at expiry.

See the maximum you can lose at expiry before you place the trade.

See estimated margin required upfront.

See how much is expected to hold for the trade so you know exactly how much each trade option would require.

Only take the trades with the best prices.

Trade only what can be filled at the best prices available right now. If the spread is too wide, we tell you.

Check your grouped positions in one tab.

Multi-leg trades appear as one grouped strategy in your chosen broker account and under Your Trades on Gravitas.

Find your fit

Is Expiry Trading the tool for you?

Who's it for?

For traders with a specific price target who want to trade around where they think an asset will settle on expiry.

Who's it not for?

If you don't have any fixed price target, this might not be the tool for you. But, if you only have a directional view, Easy Options or Hero Zero may fit better.

Other ways to trade

There's more than one way to trade on Gravitas

Frequently asked questions

Everything you need to know about Expiry Trading

What is Expiry Trading?

Expiry Trading helps you trade around a specific price target for an asset on expiry. Choose your expiry, mark your target price, and Gravitas gives you four trade options built around it.

What assets and expiries can I trade?

Expiry Trading lets you choose from supported assets such as Bitcoin, Ethereum, Nvidia, and SpaceX, and available expiries. Pick the asset, choose when you want the trade to expire, and set your target price.

What is the difference between the four trades?

All four trades are built around your target price, but each has a different risk and payoff profile. Compare the potential profit, maximum loss, and payoff before choosing your trade.

Can I lose more than my premium?

Some trades can have losses beyond the premium paid. Gravitas clearly shows the maximum loss on each trade, including an uncapped-loss warning where applicable.

Still have questions? Find more answers in the full FAQ.

Make your move

Ready to try Expiry Trading?

Sign in, connect your exchange, and open Expiry Trading. Set your expiry, target, and trade today.

Go to Expiry Trading

Options trading involves risk and may not be suitable for everyone. Nothing here is financial advice.