# Sharp Options

Let's go through it step by step:

**Sharp** - a simple, intuitive way to trade, leverage, and hedge your assets.

**P2P Options** - trade directly with other users. If you can’t find a suitable order, create your own buy or sell order.

**Options Contracts** - the contract (the right, but not the obligation, to buy or sell the asset) is created when your order is filled by another party. The market sets demand, supply, and the fair options price.

**7-day** - a simplified approach where options expire 7 days from creation, allowing users to focus on the best trading strategies without worrying about options duration or making complex calculations.\
\*more traditional way to trade 1/2/4-week options, expiring on Fridays, will be released in our Pro version (more details TBA).

**American style** - options can be exercised at any time before the expiration date.

Now let's move to Options Basics or feel free to go directly to our [Lite](broken://pages/cZvzahuXUNTvbcZXn4I0) or [Full](broken://pages/uhLPYsIn3uaw60uP3aQf) view.


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