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🔚Finalize Shorts

Liquidity providers can remove liquidity prior to expiry to finalize their short exposure. When removing liquidity, the smart contracts compute a finalized amount of net shorts in calls or puts owed to a position. After reserving collateral for settlement, unused liquidity is returned.
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➖Finalize Short Exposure

The breakdown of collaterals to be returned will be displayed upon liquidity removal:
  • Seed Deposit: The amount of collaterals or options initially committed to the position.
  • Fees: The transaction fees you have accumulated.
  • Premium Proceeds: The premiums for your outstanding short options positions.
  • Reserved for Settlement: Collaterals reserved for sold options, in case expire profitably.
YouCanReceive=SeedDeposit+Premium+Fees−ReservedforSettlementYouCanReceive=SeedDeposit + Premium + Fees- Reserved for Settlement
Following liquidity removal, the exposure will be finalized and visible under "dashboard-short position." Here, you can view the value of the short position along with the reserved collaterals that can be withdrawn if the position is closed prior to expiry.
Besides, If the short order is submitted with prior-purchased options, unsold options holdings at the time of liquidity removal will also be retrieved. You're free to hold till expiry or choose to sell again.