How to use OKX's option copilot

At OKX, we understand that professional options trading can be challenging. That's why we offer simplified options portfolio trading through our options copilot feature. This feature allows you to manage different market expectations using multi-leg combinations. Currently, we support three types of options structured products: Yield Hunter, Dip Sniper, and Peak Sniper.

Yield Hunter

Yield Hunter is a non-principal-protected investment product that helps OKX users achieve higher annualized returns. It is a simplified options trading product where users receive premiums for selling option contracts. Users' actual return depends on the relationship between the price at the expiry date and the target price. Users can choose between “earn unless price rises” and “earn unless price drops” to express their market view.

Learn how to use Yield Hunter.

Dip Sniper

Dip Sniper is designed for traders who want to buy low in the cryptocurrency market. It is a trading bot that guarantees a portion of the user's order will be filled at the dip on expiry. With Dip Sniper, users can set their desired price to buy a specific asset, and regardless of market fluctuations, the bot will execute a portion of their order at the dip on expiry. This allows users to secure a lower price for their desired asset, even if the market doesn't reach their target price.

Dip Sniper helps users unlock growth opportunities by buying low and maximizing their potential gains. With Dip Sniper, users can take advantage of market fluctuations and secure better prices for their desired assets.

Learn how to use Dip Sniper.

Peak Sniper

For traders aiming to sell at the peak, Peak Sniper is the ideal trading bot. With Peak Sniper, users can ensure that a portion of their order will be filled at the peak price on expiry. Simply set the desired price to sell a particular asset, and the bot will execute a portion of the user's order at the peak, maximizing their gains. Even if the market doesn't reach the target price, Peak Sniper guarantees that a portion of the order will be filled at the peak, allowing users to capitalize on the highest possible selling point.

Maximize growth by selling at the peak and securing gains at the highest possible price with Peak Sniper. Utilize its powerful features to enhance trading strategies, optimize selling decisions, and unlock new growth potential in the cryptocurrency market.

Learn how to use Peak Sniper.