WETH 2,255.56 Put

Open

Settles in USDG · sold by StoicBadger

Strike / unit

2,255.56

-6.9% OTM

Size

1.6

$3,871.58

Ask

52.46

USDG

Expires

··

Nov 18, 14:59 UTC

What this contract means

1The seller has locked 3,600 USDG in a vault only this contract can open.
2Whoever buys pays 52.46 USDG once, up front. The seller keeps it whatever happens.
3Any time until Nov 18, 14:59 UTC, the buyer may sell 1.5961 WETH and receive 3,600 USDG. Worth it when WETH is below 2,255.56.
4If the buyer doesn't, anyone can settle afterwards and the seller gets everything back.

The green area is where the buyer comes out ahead at expiry. Hover any price to see the result, premium included.

TypePut: right to sell

UnderlyingWETH 0x0B…AD73

Size1.5961 WETH

Strike total3,600 USDG

Strike per unit2,255.56 USDG

SettlementPhysical delivery

Collateral locked3,600 USDG

CreatedNov 4, 14:59 UTC

EndsNov 18, 14:59 UTC

Protocol fee—

Listing account0x9d…ee83

0 open

No bids yet. Buyers can bid below the ask; the premium waits in escrow until the seller accepts.