Divergence Protocol
  • OVERVIEW
    • Divergence Protocol
    • Protocol Basics
      • Digital Options
      • Triangular Swaps
      • Convertible Liquidity
      • Options Specs
      • Fees
      • Glossary
      • References
  • User Guide
    • 📈Long Options
      • 🔥Open Longs
      • 🌊Close Longs
      • 👨‍🌾Exercise Options
    • 📉Short Options
      • 💧Open Shorts
      • 🔚Finalize Shorts
      • 📥Close Shorts
      • ⏰Expiry Withdrawal
    • 🍸Dive Bar
  • Technical Reference
    • Smart Contract Architecture
      • Deployment addresses
    • Core
      • Arena
      • Battle
      • Oracle
      • Utils
      • SToken
      • Interface
      • Libraries
        • DiverSqrtPriceMath
        • Position
        • Tick
        • TickMath
        • TradeMath
      • Params
      • Types
    • Periphery
      • Manager
      • Base
      • Interface
      • Quoter
      • Libraries
      • Params
      • Types
    • Audit Reports
  • DIVER Token
    • 🌝Tokenomics
      • Token Distribution
    • 🎃DIVΞR NFT Collections
  • Legal
    • Terms of Service
    • Risk Disclosure
  • MISC. INFO
    • 🔗Official Links
    • 🙌Media Kit
    • 🚢Ditanic Test Coins
Powered by GitBook
On this page

Was this helpful?

  1. User Guide
  2. 📉Short Options

🔚Finalize Shorts

Previous💧Open ShortsNext📥Close Shorts

Last updated 1 year ago

Was this helpful?

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 collaterals are returned.

➖Finalize Short Exposure

By clicking "withdraw", your order will finalize, and you will then receive the collaterals not reserved for settlement, details as follows:

  • Deposit: The amount of collaterals initially committed to the position, if any.

  • Fees: The transaction fees you have accumulated.

  • Premium: The premiums for your outstanding short positions.

Following liquidity removal, your finalized short exposure will be visible under "dashboard-position." Here, you can view the value of the short position.

Note: Besides, If sell liquidity is seeded with prior-purchased options, any options holdings that remain unsold at the time of withdrawal will also be returned. You can hold till expiry or choose to sell again.

YouCanReceive=Deposit+Premium+Fees−ReservedforSettlementYouCanReceive=Deposit + Premium + Fees - Reserved for Settlement YouCanReceive=Deposit+Premium+Fees−ReservedforSettlement

Reserved for Settlement: Collaterals for sold options, in case expire profitably.

reserved