Fees and Commissions

ClickOptions applies a transparent and capped fee model to all option trades. Fees are charged on trade entry, exit, and at expiry if the option expires in-the-money (ITM).

1. Trading Fee

Trading Fees are charged when opening or closing an option position.

Formula:

$$\text{Trading Fee} = \text{Index Price} \times \text{Quantity} \times \text{Contract Size} \times \text{Fee Rate}$$

Fee Rate: 0.025% (default)

Maximum Fee Cap

The trading fee can never exceed 10% of the option’s total value (premium paid).

$$\mathrm{TradingFee}_{\max} = \mathrm{OptionPrice} \times \mathrm{Quantity} \times MaxCapRate$$

If the calculated trading fee exceeds this cap, the maximum value applies automatically.

2. Exercise Fee

ClickOptions options are cash-settled. An Exercise Fee is charged only when an option expires in-the-money (ITM), and daily options opened and expired on the same day are exempt. Importantly, the fee is applied to your exercise profit/loss (P/L)—not to the underlying notional—making it more user-friendly and proportional to the actual outcome.

Formula:

$$\mathrm{ExerciseFee} = \min\!\ (\mathrm{ExercisePL} \times \mathrm{ExerciseRate}, \mathrm{Quantity } \times OptionPrice \times MaxCapRate)$$

• Exercise Rate: 0.25%

• Max Cap: 10% of the option’s open premium value.

• The lower of the two values (calculated fee vs. max cap) is applied.

For more details, please see the Expiry & Settlement section.

3. Click Token Discounts

Traders can reduce all fees by paying in Click Token (CLK). Discount levels depend on staking and Vault participation:

Tier	Requirement	Discount
1	Pay fees in Click Tokens	25%
2	Stake Click + Pay in Click	35%
3	Stake Click + Participate in ClickVault + Pay in Click	45%

Formula:

$$\mathrm{DiscountedFee} = \mathrm{Fee} \times (1 - \mathrm{DiscountRate})$$

Where:

• Fee = Trading or Exercise Fee (in USDT)

• Discount Rate = 25%, 35%, or 45% depending on tier

Staking CLICK or stablecoins in the ClickVault unlocks higher fee discounts and boosted APY returns.

See Staking & Vault Participation for full details.

4. Balance & Equity Handling

• When opening a position, both the option premium and Trading Fee are deducted immediately.

• To close early, the account must have sufficient equity to cover the closing Trading Fee.

• If equity is insufficient, the platform blocks the close request and shows a warning.

5. Worked Examples

Assumptions:

• BTC Contract Size: 0.01 BTC per contract

• Fee Rate: 0.025%

• Exercise Fee Rate: 0.01%

• Max Fee Cap: 10% of option premium value

Example A – Open & Close Before Expiry

Parameter	Value
Index Price	110,000 USDT
Option Price	150 USDT
Contract Size	0.01 BTC
Quantity	1
Max Cap	10%

Step 1 – Trading Fee (per side)

$$110{,}000 \times 1 \times 0.01 \times 0.00025 = 0.28\,\mathrm{USDT}$$

Step 2 – Fee Cap Check

$$150 \times 1 \times 0.10 = 15\,\mathrm{USDT}$$

Actual applied fee = 0.28 USDT per trade.

With 25% Click discount:

$$0.28 \times (1 - 0.25) = 0.21\,\mathrm{USDT}$$

Example B – Open Call and Expire ITM

Parameter	Value
Index price	111,000 USDT
Strike	110,000 USDT
Settlement Price	115,000 USDT
Option Price	150 USDT
Contract Size	0.01 BTC
Quantity	10

Step 1 – Trading Fee (entry)

$$111{,}000 \times 10 \times 0.01 \times 0.00025 = 2.78\,\mathrm{USDT}$$

Step 2 – Exercise Fee (ITM only)

$$\mathrm{ExerciseFee} = \min\!\ (\mathrm{ExercisePL} \times \mathrm{ExerciseRate}, \mathrm{Quantity } \times OptionPrice \times MaxCapRate)$$

$$\mathrm{ExerciseFee} = \min\!\ ((115,000-111,000) * 0.01*10)\mathrm{} \times \mathrm{0.0025}, \mathrm{1 } \times 150 \times 0.1) = \min\!\ (1,15) = 1 {USDT}$$

Total Fees = 2.78 + 1 = 3.78 USDT

With 35% Click discount:

$$3.78 \times (1 - 0.35) = 2.46\,\mathrm{USDT}$$