# Everlasting Options

**Open a Position**

**Step 1:** Switch to Lite version, enter the Lite interface.

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FIPRLphXDpsJZ3DHOUXjo%2F1.png?alt=media&#x26;token=f5fb5bb2-f45e-480f-8688-8a95cf027bae" alt=""><figcaption></figcaption></figure>

**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.

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2F9RS51zYaSrTOHz485ph6%2F2.png?alt=media&#x26;token=f97794ac-f41c-4e2e-bcc5-2b706dd56091" alt=""><figcaption></figcaption></figure>

**Step 3:** Choose if you wish to long or short your position on the “Buy/Sell” section (Taking long as an example here).\
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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).

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FdvshhQJtzq0QECYfZvd7%2F3.png?alt=media&#x26;token=52fb4784-ece0-48c6-bffe-3400788caedf" alt=""><figcaption></figcaption></figure>

**Step 4:** Set the amount in BTCUSD-30000-C you’d 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 Call‘’.\
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On the popped-up wallet interface, click on "Confirm." Open the position successfully now.\
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Information of the position(s) you have opened up will be included in your “Positions” tab.

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FJM22haVROagfRZnVcFQ7%2F4.png?alt=media&#x26;token=16540cb9-6429-46b9-b0cd-29b8084a311d" alt=""><figcaption></figcaption></figure>

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FFXdU7rWNH5vTrWdZC20o%2F5.png?alt=media&#x26;token=c6b2205c-1910-45ed-9d25-73c738c1bc73" alt=""><figcaption></figcaption></figure>

You can add / remove the position’s collateral.

**Add collateral**&#x20;

Click ‘+’ button, choose ‘Add’ section, set the notional amount in USDC you’d like to add through manually entering or selecting a percentage of your wallet balance. Then, click ‘Add Collateral’.

After confirming in the wallet, your collateral adding is done. Check the updated number in the ‘Collateral’ column.

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FkvGK0HghbVxDjwHsP4wZ%2F6.png?alt=media&#x26;token=6fb89f3f-8416-429e-bcbc-23784f5c79ae" alt=""><figcaption></figcaption></figure>

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FqcRU7yz6UNpH7XydWEyU%2F7.png?alt=media&#x26;token=5ab3783f-52d0-4aea-acf5-62179f4236ca" alt=""><figcaption></figcaption></figure>

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2F9dUZrrOVSd270oINSxGa%2F8.png?alt=media&#x26;token=33f12c24-ae94-4c7c-a771-35f997b1928b" alt=""><figcaption></figcaption></figure>

**Remove collateral** \
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Choose ‘Remove’, set the notional amount in USDC you’d like to remove through manually entering or selecting a percentage of the available balance. Then, click ‘Remove Collateral’.

After confirming in the wallet, your collateral removal is done. Check the updated number in the ‘Collateral’ column.&#x20;

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FyI3aZXlhIdMuQIGgT1Aj%2F9.png?alt=media&#x26;token=e6f21c12-5db4-4a2a-9f41-2c13384bacd2" alt=""><figcaption></figcaption></figure>

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FA2fs7D66LNDLP8laT2C2%2F10.png?alt=media&#x26;token=6c8ee52a-9e56-4690-8370-5ddda80f75ca" alt=""><figcaption></figcaption></figure>

**Close a Position**\
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**Step 1:** Click “Close” 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 ‘Close’.

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FFjpQ656EIYJ7EuE30C8O%2F11.png?alt=media&#x26;token=7acc2b77-93dc-41a8-bbfc-2558bfc22ef3" alt=""><figcaption></figcaption></figure>

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FrKpz5eSMpRB2SvyZOt91%2F12.png?alt=media&#x26;token=6a6da7fe-f76c-4acf-a335-32f3817a57a1" alt=""><figcaption></figcaption></figure>

**Step 2:** After confirming in the wallet, close the position successfully now. You can view your detailed trading history in the “History” section.

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2F2E9lCT5dOz74ENYLzUcy%2F13.png?alt=media&#x26;token=44e7a455-2dc9-4e52-b22c-7d99a15dbc62" alt=""><figcaption></figcaption></figure>

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