Options just landed on ethereum:0xe28b3b32b6c345a34ff64674606124dd5aceca30 !
â $SICI, the AI compute index
â US500 and US Tech
â Gold, Silver and WTI oil
â 6 real world markets at launch
1\ The contract
â A call has a strike and a cap, a put has a strike and a floor
â You pay the premium upfront, that's your max loss
â European style, cash settled in USDC at expiry
â You know your worst case before you sign
2\ The other side
â An institutional LP quotes both sides of every strike
â The writer locks the full max payout upfront
â No margin, no top ups, no liquidations
â Your payout is already sitting there, waiting for expiry
3\ Example on $SICI
â SICI at $113, you buy 100 calls, strike 113, cap 123
â You pay $3, breakeven at $116
â SICI settles at $119 : you get $6, so +$3
â SICI settles at $125 : capped at $10, so +$7
â Max loss $3, max win $7, both known before you click
Live on testnet first, access rolling out to whitelisted users âŗ