Back to COMET

Transparent by design.

COMET is an independent interface to the existing Saturn options protocol on Robinhood Chain. It is not affiliated with Robinhood, the underlying issuers, or TradingView.

Where the numbers come from

Markets and inventory
OptionHouse market and series records, read at a specific block. At most the latest 2,000 series are scanned. Partial scans are disclosed.
Live market prices
Robinhood's public Stock Token API supplies bid/ask quotes, polled every 15 seconds. The displayed midpoint is indicative, not an executable option offer. Underlying-share quotes are multiplied once by the verified asset's current shares-per-token multiplier. Quote timestamps, delays and halts are shown. Missing live prices fall back to explicitly labeled oracle references.
Oracle and chart
The feed bound to each market supplies oracle reference prices. Charts use up to 290 actual oracle rounds. These are irregular observations, not exchange candles; a selected range may have limited coverage. Percentage change compares the first and last displayed observations. The Live view records only quotes received during this session; it does not invent earlier ticks. Historical ranges remain oracle-only.
Volatility
Feed-cadence protocol estimates, not exchange implied volatility. House volatility uses its synced ring; the price explorer uses OptionLens and may differ. Volatility does not guarantee future returns.
Premiums
Listed calls use OptionHouse quotes in USDG. The price explorer uses OptionLens model prices without writer markup, and does not imply inventory is available. Purchase prices are recomputed when the transaction executes and bounded by the maximum premium you authorize.
Freshness
Live quotes refresh every 15 seconds, subject to the provider's 15-second cache. Oracle snapshots refresh approximately every 30 seconds. Oracle feeds publish intermittently; refreshing cannot force a new oracle round. The public endpoint can be rate-limited. Trading is disabled when feeds are more than two hours old, unavailable, or paused; reference prices remain visible with timestamps.

How calls settle

One call is backed by one stock token. USDG premiums are paid to the writer. At expiry, an in-the-money buyer receives (expiry price minus strike) divided by expiry price of that stock token; the writer receives the rest. The contract verifies the last oracle round at or before expiry. There is no cash exercise or 100-share multiplier.

Vaults and risk

Deposits receive proportional ERC-20 vault shares. Covered calls limit upside and may reduce returned stock. Withdrawals can only use free collateral. The protocol counts stock assigned to unsettled calls as whole shares; this can overstate redeemable value until settlement. Premium claims reflect the collected accumulator. Keeper operation and available inventory are outside this frontend.

Contracts

Open source

Protocol source and MIT attribution are preserved in the Saturn Options repository. Charts use Lightweight Charts, Copyright TradingView, Inc., licensed under Apache 2.0. COMET provides no invented volume, APY, P&L, or historical trade premiums.