stryke-xyz / option-scalps

Short timeframe scalps powered by Atlantic options

Option scalps

Buyers get access to long or short positions for upto 1 hour by only paying option premium (<$10 for 1 eth for 15m @ $1600/ETH) and posting margin to set their liquidation price. Collateral is borrowed and used to purchase the base asset.

Writers have no downside since PNL is derived from base asset price appreciation/depreciation. Margin + liquidations cover possible shortfalls.

ERC-4626 LP tokens for LPs continously accruing quote assets with anytime withdrawals subject to available liquidity.

Development

(Optional) Setup the .env file with the vars mentioned in the .env.sample file.

Compiling

yarn compile

Running tests

Run all tests like this:

yarn test