Tokenized stocks trade on-chain around the clock, but the underlying exchange does not. Pulsar's options chain is open in every session: pre-market, regular hours, after-hours and weekends.
Pricing by session
- Regular hours. Pricing anchors to the live reference price.
- Pre-market, after-hours and weekends. Pricing anchors to on-chain spot and extended-session references. The off-hours volatility surface widens to price in gap risk at the next open.
The chain always shows which session is active and how the current reference price is sourced.
What you can trade
- Calls and puts on listed tokenized stocks, with expiries.
- Defined-risk spreads, collateralized at their maximum loss.
Every position opens fully funded. See the collateral model.