Buy & Sell ETH Options

Zomma traders can choose to buy and sell any products that suit their trading habits in terms of expirations date, crypto type, strike price and size. Zomma would provide quotations through the adjusted oracle pricing . Zomma would settle the deal thereafter and as each trade undergoes smart contract on-chain in sequence accordingly under a first-come-first-serve basis executed by the miners, the actual values executed are determined later by the final on-chain transaction . All traders however would be able to enter an acceptable % range of slippage whereby the transaction would fail if the actual execution on-chain exceeds the acceptable expectation range, forfeiting only the Gas Fee.

Buy & Sell Option

Liquidity Pool The total available liquidity would be accumulated from the liquidity pools to quote against the options placed by the traders. Liquidity pool that upholds the counter-position or with positions that can offset would be prioritized to strike the deal in response to the trader or it would function similarly to option buying (accumulating the total available liquidity pools to quote against the deals placed by the traders).

Trader

The available balance upon completion of options selling has to be greater or equivalent to 0, meaning all traders must ensure a minimal required balance available in the trading account for a smooth transaction.

Liquidation

Pls see Liquidation Mechanism Chapter