Robinhood Offers Copper Futures Settlement Prediction Contracts
The Robinhood Derivatives exchange is offering event contracts for the settlement price of Dec-26 copper futures on September 11, 2026. These contracts allow users to predict whether the price will settle above or below certain thresholds.
The available options include a target price of $6.240¢, $6.270¢, $6.30¢, $6.330¢, and $6.360¢. If a user's prediction is correct, they can receive up to $1 for every contract owned.
It's worth noting that the futures contract referenced in these contracts has changed from the front-month Copper Futures contract to the active-month Cooper Futures contract. Users are advised to refer to the specified contract to determine the applicable settlement contract and price on the resolution date.
The exchange also mentions that futures, options on futures, and cleared swaps trading involves significant risk and is not suitable for everyone. Users should carefully consider their personal financial circumstances before participating in these contracts.