Options positions
Each options position row shows:
Each row has three actions:
- Buy — go back to the market page to add to the position
- Sell — close early with an in-page sell ticket (see below)
- Share — generate a shareable card of the position
Selling an option early
Clicking Sell opens a “Sell % call” ticket showing the current bid next to your average entry, a contracts input, You receive, and your Realized P&L. Click Sell for $X to fill instantly at the dealer’s bid. At expiry, options settle automatically — in-the-money contracts pay out in pUSD, and out-of-the-money contracts expire worthless. See Options Trading for the settlement rules.Spot positions
Spot positions are YES or NO shares you hold on Polymarket markets. Each row shows the market’s icon and title, your holding as ” shares · avg → ”, the position’s current value, and its P&L. Aggregate totals aren’t summed per-row — your combined open-position value appears in the In position cell of the Balance card at the top of the page.Redeeming settled positions
When a market resolves in your favor, Theta Labs detects it automatically and flags the position:- The position row shows “resolved — you won” with a green Redeem button.
- Click Redeem. Each winning share pays exactly $1.00, credited to your pUSD balance.
Closing a spot position early
You can sell any open spot position before the market settles to lock in a gain, cut a loss, or free up your Available balance:- Open the market from the position row.
- Switch the trade ticket to Sell.
- Enter the number of shares (minimum 5) and confirm.