Coming Soon

Derivatives for Prediction Markets

New ways to express a view on prediction markets. Options, leverage, and structured exposure on shorter timelines.

CALL

2028 Presidential Election

J.D. VanceStrike 35%
Exp. Nov 3
Current

22%

Price

4¢

Profit

+225%

CALL

2026 FIFA World Cup Winner

JapanStrike 15%
Exp. May 13
Current

2%

Price

1¢

Profit

+60%

SELL

Jesus Christ Return Before 2027

YesStrike 10%
Exp. Apr 17
Current

4%

Premium

6¢

Collateral

10¢

Return

+60%

PUT

Trump Acquires Greenland Before 2027

YesStrike 5%
Exp. 3/31
Current

11%

Price

2¢

Profit

+89%

SELL

US Confirms Aliens Exist Before 2027

YesStrike 25%
Exp. 6/01
Current

20%

Premium

8¢

Collateral

25¢

Return

+32%

CALL

Top Spotify Artist 2026

Bad BunnyStrike 65%
Exp. 6/30
Current

59%

Price

8¢

Profit

+125%

CALL

Largest Company End of March

NVIDIAStrike 90%
Exp. 3/14
Current

95%

Price

12¢

Profit

+42%

PUT

7.0+ Earthquakes by June 30

8 or MoreStrike 45%
Exp. 5/15
Current

53%

Price

6¢

Profit

+650%

CALL

Fed Rate Cut by June

YesStrike 60%
Exp. 5/20
Current

54%

Price

7¢

Profit

+471%

CALL

S&P 500 Addition Q1 2026

SoFi (SOFI)Strike 20%
Exp. 2/28
Current

13%

Price

2¢

Profit

+350%

CALL

2028 Presidential Election

J.D. VanceStrike 35%
Exp. Nov 3
Current

22%

Price

4¢

Profit

+225%

CALL

2026 FIFA World Cup Winner

JapanStrike 15%
Exp. May 13
Current

2%

Price

1¢

Profit

+60%

SELL

Jesus Christ Return Before 2027

YesStrike 10%
Exp. Apr 17
Current

4%

Premium

6¢

Collateral

10¢

Return

+60%

PUT

Trump Acquires Greenland Before 2027

YesStrike 5%
Exp. 3/31
Current

11%

Price

2¢

Profit

+89%

SELL

US Confirms Aliens Exist Before 2027

YesStrike 25%
Exp. 6/01
Current

20%

Premium

8¢

Collateral

25¢

Return

+32%

CALL

Top Spotify Artist 2026

Bad BunnyStrike 65%
Exp. 6/30
Current

59%

Price

8¢

Profit

+125%

CALL

Largest Company End of March

NVIDIAStrike 90%
Exp. 3/14
Current

95%

Price

12¢

Profit

+42%

PUT

7.0+ Earthquakes by June 30

8 or MoreStrike 45%
Exp. 5/15
Current

53%

Price

6¢

Profit

+650%

CALL

Fed Rate Cut by June

YesStrike 60%
Exp. 5/20
Current

54%

Price

7¢

Profit

+471%

CALL

S&P 500 Addition Q1 2026

SoFi (SOFI)Strike 20%
Exp. 2/28
Current

13%

Price

2¢

Profit

+350%

The Problem

Why wait to profit?

Prediction markets tie up capital and can move slowly. Derivatives let you express the same view on shorter timelines — with defined risk and leveraged exposure.

Trade weekly and monthly contracts. Control the timeframe, not just the position.

CALLStrike 40¢·Current 30¢·Exp. Apr 1·$50 invested
If market hits55¢
99¢
With options

+$150

+300%

With shares

+$42

+83%

300%200%100%0%−100%20¢40¢60¢80¢OptionsShares
How It Works

Asymmetric upside, defined risk

Buy a call or put contract with a strike price and expiry. If the market moves past your strike, your returns are amplified. If it doesn't, you lose the premium — nothing more.

Sell contracts to collect premium from markets you believe won't move. Same instruments, opposite strategy.

Capped downside. Uncapped upside. You choose the timeframe.

Compare

Why pay $400 when $50 will do?

“Will candidate X win?” is trading at 40¢. You think it goes up. Two ways to play it.

Traditional · Shares

Buy 1,000 shares at 40¢

$400

Exp. Nov 3, 2028

capital locked until market settles

Price hits 60¢
+$20050%
Price hits 80¢
+$400100%
Drops to 30¢
-$100-25%
Hold time~2.5 years
BETTER TRADE
With Options · Call

Buy a call at 40¢ strike

$50

Exp. Jun 30, 2026

total cost · premium only

Price hits 60¢
+$150300%
Price hits 80¢
+$350700%
Drops to 30¢
-$50capped
Hold time~4 months

8x

less capital required

7x

more upside potential

$50

max you can lose

The Platform

What you can do on Theta Labs

01

Trade Markets

Buy and sell shares on prediction markets from Polymarket and Kalshi — all in one place.

02

Trade Options

Buy calls and puts on any market. Set your strike, pick your expiry, and trade with leveraged exposure.

03

Sell Premium

Write contracts and collect premium. Earn yield on markets you believe won't move past your strike.

04

More Derivatives

Spreads, straddles, exotic structures, and multi-leg strategies — all on the roadmap.

Start trading now

Options on prediction markets. Paper trading is live.