FAQ
🙋🏽♂️No-dumb-questions page.
An option is an agreement between two parties: a seller and a buyer. The seller writes the contract terms and sells them to the buyer for a premium. That means the seller now has an obligation, and the buyer has a right (but not an obligation) to exercise the contract terms upon expiration.
There are two basic types of options: puts and calls. A put represents the right to sell the underlying asset at the strike price. On the other hand, a call conveys the right to buy an asset at the strike price.
A strangle is an options strategy in which the investor holds a position in both a call and a put option with different strike prices, but with the same expiration date and underlying asset. A strangle is a good strategy if you think the underlying security will experience a large price movement in the near future but are unsure of the direction. However, it is profitable mainly if the asset does swing sharply in price.
The strike price is commonly used to designate the price at which the underlying asset will be sold or bought in the future.
Lido is a decentralized staking protocol that allows users to stake their ETH and receive ETH 2 rewards.
The stETHvv token represents your shares of the total vault.
Yes. right now the easiest way to calculate its price is by doing the math: TVL / Total Supply
NOTE: We will add a reading function directly in the contract to make that step easier.
Yes.
0.1% management fee at withdrawal and 20% performance fee on exercised options
Yes.
No. You can withdraw anytime.
Although, It depends on whether or not your deposits have been processed. you can check if the deposit was processed by clicking on the "show breakdown" inside the vault page.

Breakdown Position visualization
- if your deposit has not been processed yet you can withdraw your deposit from the queue using Etherscan directly using the
refund
function on each vault address.

Refund function on Contract/Write in Etherscan
- if your deposit has been processed you can withdraw at any time from the app's front end.
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Last modified 3d ago