Hypercall Launches 24/7 Anthropic Options Ahead of IPO

Hypercall, the onchain options trading platform built on Hyperliquid, has announced the launch of the world’s first 24/7 Anthropic-linked options market. The contracts go live at 8 a.m. EST on Monday, November 9, allowing traders to take positions on the AI company’s future through calls, puts, spreads and volatility strategies ahead of its highly anticipated initial public offering. The launch opens a new dimension of trading around Anthropic (NASDAQ: ANT), the company behind Claude. Following its October 26 IPO filing, traders began speculating on the company’s valuation through pre-IPO perpetual futures on Hyperliquid. Hypercall now brings the missing options market, allowing traders to hedge downside, position for volatility and define their risk rather than simply bet on whether Anthropic’s valuation will rise or fall.

“Anthropic already has a price. Now it has an options market,” said Jake Sylvestre, founder of Hypercall. “Traders can do more than bet on what the company is worth. They can protect against downside, position for a major move in either direction and choose exactly how much they are willing to risk. We’re bringing an entirely new level of sophistication to trading one of the biggest IPOs in history, and we’re making it available around the clock.” The contracts extend Hypercall’s existing options platform to the Anthropic pre-IPO market, offering several advantages: 24/7 trading, calls, puts and advanced strategies, fractional sizing and defined risk, and integrated hedging and portfolio margin. Hypercall connects directly to Hyperliquid’s perpetual futures markets, allowing market makers and traders to hedge exposures while recognizing offsetting positions within a unified USDC-margined account. This integration is particularly significant because options markets depend on market makers being able to hedge efficiently, enabling liquidity even when traditional markets are closed.

The launch follows rapid growth for Hypercall, which reported $536 million in options notional trading volume during September 2026. The platform already offers fractional options on SpaceX, the S&P 500, major publicly traded equities and cryptocurrencies. With Anthropic’s IPO approaching, the new market introduces another measure of investor expectations: not merely what traders believe the company is worth, but how they price the uncertainty surrounding its public debut. Anthropic-linked options are available beginning November 9 at 8 a.m. EST at app.hypercall.xyz. The contracts are synthetic, cash-settled derivatives and do not represent Anthropic shares, IPO allocations or ownership rights in the company.