ODTE Option Trading

Zero-days-to-expiry options are the core of Liquyn. The experience is designed for speed and simplicity.

Trading Flow

1. Market Selection – choose from available assets (BTC, ETH, SOL, etc.) with real-time price feeds

2. Options Chain – view call and put options at various strikes, displaying:

   • Strike price

   • Premium cost

   • Implied volatility

   • Break-even price

   • Max profit/loss

3. Trade Execution – select option type (call/put), enter size, and confirm

   • Single transaction approval

   • Instant execution via Hyperliquid perps

   • Settlement at 4 PM UTC daily

4. Position Monitoring – active positions show:

   • Current P&L

   • Time to expiration countdown

   • Real-time Greeks (delta, gamma, theta)

   • Unrealized profit/loss

5. Settlement – options auto-settle at expiration

   • In-the-money: automatic profit distribution

   • Out-of-the-money: premium lost

   • No manual intervention required

Key Features

• Low Fees: 0.1% per trade (vs 0.3% on competitors)

• Synthetic Exposure: Uses Hyperliquid perps for instant settlement

• No Slippage: Fixed strike prices

• Auto Delta Hedging: Protocol maintains neutral exposure