> For the complete documentation index, see [llms.txt](https://docs.substancex.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.substancex.io/coming-soon/simple-options.md).

# Simple Options

**Simple Options** is a virtual currency options product that Substance plans to launch.

SubstanceX Simple Options is a product centered around option pricing logic with a trusted settlement mechanism. It allows users to buy Call or Put options at specific prices to predict the price changes of the underlying asset. By doing so, users can limit their potential losses while potentially achieving up to 20 times the maximum returns.

The price of an option is determined based on its probability of exercise, ranging from 0 to 1. Upon expiration, the option is settled as either 0 or 1, depending on whether it is exercised.

Stay tuned.<br>


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