Glossary of Terms
Find below a glossary of the commonly used terminology used throughout Pods' material.
staked ETH in Lido
stETH Volatility Vault
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.
A put option describes the right to sell the underlying asset at the strike price.
A call option describes the right to buy the underlying asset at the strike price.
The premium is the option's price. It is the amount that the buyer has to pay for the seller to purchase an option.
The principal invested is never at market risk.