Everlasting Options
Last updated
Last updated
Open a Position
Step 1: Switch to Lite version, enter the Lite interface.
Step 2: Click the downward arrow,on the popped-up "Select Market" panel, choose "Options". Then, select a strike you want to trade. Here taking the BTCUSD-30000-C as an example.
Step 3: Choose if you wish to long or short your position on the âBuy/Sellâ section (Taking long as an example here). Then, select a base token to buy assets: Click on the downward arrow, choose a base token with a balance in your wallet (using USDC as an example in this case).
Step 4: Set the amount in BTCUSD-30000-C youâd like to buy (Or you can directly enter the notional amount in USDC, it will be converted to the strike equivalent). Adjust the leverage through buttons/slider, the leverage can go up to 10x. After setting, click on "Buy BTC $30,000 Callââ. On the popped-up wallet interface, click on "Confirm." Open the position successfully now. Information of the position(s) you have opened up will be included in your âPositionsâ tab.
You can add / remove the positionâs collateral.
Add collateral
Click â+â button, choose âAddâ section, set the notional amount in USDC youâd like to add through manually entering or selecting a percentage of your wallet balance. Then, click âAdd Collateralâ.
After confirming in the wallet, your collateral adding is done. Check the updated number in the âCollateralâ column.
Remove collateral Choose âRemoveâ, set the notional amount in USDC youâd like to remove through manually entering or selecting a percentage of the available balance. Then, click âRemove Collateralâ.
After confirming in the wallet, your collateral removal is done. Check the updated number in the âCollateralâ column.
Close a Position Step 1: Click âCloseâ in the position tab. Set the position size you want to close through manually entering a specific size or selecting a percentage of the current position size. (100% means complete close) Then, click âCloseâ.
Step 2: After confirming in the wallet, close the position successfully now. You can view your detailed trading history in the âHistoryâ section.