Hypercall to introduce Anthropic-related pre-IPO options trading
Trading options market launching
Hypercall is set to launch what it claims is the first options market linked to Anthropic before its IPO, with trading expected to start on Monday. However, these options will not be available to customers in the U.S.
Key numbers
- Options include calls and puts.
- Trading operates around the clock.
- Hypercall previously reported a $536 million options trading volume in September.
Details of the platform
The options market will focus on synthetic, cash-settled derivatives, meaning traders will not own actual shares of Anthropic. Payouts depend on the contract's strike price and reference price at the time of expiry. Hypercall offers a variety of options strategies, from simple calls and puts to more complex options structuring.
Concerns about Anthropic's IPO
Despite the upcoming launch, traders are losing confidence that Anthropic will go public this month or even by the end of 2026. Predictions on Polymarket about a November IPO dropped from 88% to 51%, while the likelihood for a January 2027 debut increased. Technology shares have also faced a significant drop, affecting market sentiment.