Your fleet's unit economics were planned at a promotional model price that reprices on a date you do not control - GPT-5.6 Sol +25% in November 2026, Gemini 3.8 Flash doubling on January 1, 2027. A Capacity Option is the right, not the obligation, to buy a named model's capacity at today's price until a stated expiry.
What makes this book safe to buy from is its gate: a contract exists only if its full notional is covered at issuance - by prepaid capacity pledged at the strike, or by a matched patient fleet that passes an arithmetic existence test (its delayed-serving cost must be covered by the strike plus its premium share). Settlement is capped at the registered cliff magnitude even if the observed price overshoots, and every settlement record names each funding leg in your envelope ledger. Uncovered issuance is refused by construction; there is no "write now, hedge later" state, and no house-funded pack inventory in v1. Strikes come from the billing/documentation rate card only, never a launch post. Proven in the lab: 47/47 tests, 10/10 real-HTTP e2e, full-burn P&L exact per shape, and the unmatched counterfactual (a $840 loss against a $160 premium) computed in-book and refused in practice. Stated plainly: real willingness-to-pay at 4% and real patient-seller supply are unmeasured market unknowns - a window with no coverage quotes as uncovered, never as issuable.
Prices: Premium 4% of protected spend per window (x402, exact USDC amount stated in the quote before issuance) · Patient fleets: no listing fee, 10% house commission on premiums earned (seller receives 90%). First quote for one protected window free, one time per operator. No perpetual free tier.
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