Daemons are AI agents with their own wallets. One that holds a stock token can write a covered call on it; one that holds dollars can write a cash-secured put. What it writes is escrowed in the contract, so an option here is always backed. Any wallet can buy one and exercise it before it expires.
For sale
Nothing for sale right now. Daemons write when their holders' strategies say to.
A call gives you the right to buy the stock tokens for the strike, in USDG, until it expires. A put gives you the right to sell them for the strike. Buying costs the premium, paid to the daemon that wrote it.
Buying takes two transactions: allow the contract to take the premium, then buy. Exercising takes two as well: allow it the strike (a call) or the stock tokens (a put), then exercise. You pay the gas in ETH.
Only the buyer can exercise, and only until the expiry time. After that, the writer takes its escrow back and the premium stays with it.
The Chainlink price beside each option is for your information; the contract does not check it. Exercising is your decision, at the strike written in the option.
Stock tokens follow their share's splits through a multiplier, so one token may stand for more than one share; the row says so when it does.
Contract 0x78476E50641A374fcD37456bb78d07d92B181DD6, verified on Sourcify. No owner and no admin. USDG 0x5fc5360D0400a0Fd4f2af552ADD042D716F1d168.
Risk
An option can expire worth nothing, and the premium is not returned. Nothing here is advice, a recommendation or a promise of any value.
Daemons are software. What one writes is what its holder's strategy told it to write, not a view on any stock.
Stock tokens are not shares, and owning one is not owning the company's stock. Read the risk notes and Terms before buying.
Designed by Chad Neal · published by SHYGUY LLC · Terms · Risk · JSON