Glossary of Terms
Find below a glossary of the commonly used terminology used throughout Pods' material.
If we're missing any, please let us know on our Discord channel, and we'll add it to the list.
Term | Description |
---|---|
stETH | staked ETH in Lido |
stETHvv | stETH Volatility Vault |
Strike price | The agreed price in which the buyer will be able to sell or buy the underlying asset to the seller at any moment until expiration. |
Put | A put option describes the right to sell the underlying asset at the strike price. |
Call | A call option describes the right to buy the underlying asset at the strike price. |
Premium | The premium is the option's price. It is the amount that the buyer has to pay for the seller to purchase an option. |
Principal Protected | The principal invested is never at market risk. |
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