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FAQ article

What Was the Difference Between the BETA and Public Versions of Options on Pluang?

The public release of Pluang Options added three capabilities that the earlier BETA version did not have, all of which are now standard parts of the product. The first is the order book — a record showing the bid and ask volume for an options contract at particular price levels, which lets you see the depth of interest behind a contract rather than only its current price. The second is the "Low Liquidity" label, a visible marker on contracts that are thinner than usual, added to help you shape your trading strategy around liquidity rather than discovering it at the point of execution. The third is a contract price that refreshes every 5 seconds, based on the middle price between the bid and ask actually executed in the market, which gives you a more transparent and current view of what a contract is worth. All three are live features today, so if you are using Pluang Options now you already have them — this comparison is only relevant as history, describing what changed when the product moved out of BETA.


What the public release added:

  • Order book: a record of bid and ask volume for an options contract at given price levels, showing the depth behind a contract rather than just its price.
  • "Low Liquidity" label: a visible marker on thinly traded contracts, so liquidity is something you can plan around rather than discover at execution.
  • 5-second price refresh: the displayed contract price updates every 5 seconds, derived from the middle price between the bid and ask executed in the market.
  • Why the middle price matters: pricing from executed bid and ask rather than a single quoted figure gives a more transparent read on a contract's current value.
  • All three are current features: nothing here is BETA-only or pending. If you use Pluang Options today, all three are already available to you.
  • Historical context only: the BETA programme has concluded — this article documents what changed at public launch, not a choice you need to make now.

Related questions:

Q: Is the BETA version of Pluang Options still available?
No. The BETA programme has concluded and Options is a publicly released product, so there is no BETA version to opt into or remain on. Everyone using Options on Pluang today is on the public version, with the order book, Low Liquidity labelling, and 5-second price refresh all included as standard. If you took part in the BETA, no action was ever needed on your side to move across.

Q: What does the 5-second price refresh actually show me?
It shows the current value of an options contract, recalculated every 5 seconds from the middle price between the bid and the ask that are actually executing in the market. Pricing from executed trades rather than a single indicative quote gives you a more honest read on what the contract is worth at that moment. It also means the price you see moves frequently while the US market is open, so a figure you looked at a minute ago may already be out of date.

Q: Why was the "Low Liquidity" label added?
So that liquidity is visible before you commit rather than something you discover when your order fills badly. A thinly traded contract can execute at a materially worse price than the one displayed, and the label flags that risk upfront so you can factor it into your strategy or pick a more liquid strike instead. Contracts whose liquidity is low enough to risk significant slippage are not labelled at all — they are withheld from the contract list entirely.