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Atlantic Straddles

Please familiarize yourself with Atlantic Straddles and Option Fundamentals before attempting to use this walkthrough.

Quick Access:

Accessing Atlantic Straddles

It should look like this:
  1. 2.
    Enter the Straddle vault you would like to write or purchase options from
Click the 'Manage' button on the Straddle vault you would like to access.
It should look something like this:
  1. 3.
    Connect your wallet
The top right hand side of the page has a "Connect Wallet" button.
Click "Connect Wallet" and follow the prompts according to what wallet provider you use.
If you are connected to the wrong chain for your chosen vault, you will be prompted to change to the correct chain.
Splendid. You are now ready to write or purchase Atlantic Straddles.

Writing Atlantic Straddles

  1. 1.
    Enter the amount of $USDC you would like to deposit
Enter the amount of $USDC you would like to deposit, taking note of the withdrawal lock duration.
If you are happy with this, click the 'Deposit' button and follow the prompts.
  1. 2.
    View your position
After depositing, your position will be visible under the 'Deposits' section.
  1. 3.
    Withdraw your position
Atlantic Straddles deposits automatically roll-over into the next epoch.
To withdraw your deposit, you will first need to disable Automatic Rollover by clicking the 'Disable' button.
Your deposit can be withdrawn after the current epoch finished.

Purchasing Atlantic Straddles

  1. 1.
    Switch to the 'Purchase' tab
Atlantic Straddles are on 'Deposit' by default.
Switch to purchase by clicking the 'Purchase' toggle.
  1. 2.
    Enter the amount of straddles you would like to purchase
Enter the amount of straddles you would like to purchase. This will output the payoff diagram as well as the cost of your position.
If you are happy with this, click the 'Purchase' button and follow the prompts.
  1. 3.
    View your straddle position
Your straddle position will now be visible under 'Positions'.
When an epoch has concluded, click the 'Exercise' button to redeem your settlement.