Long Call Options on Tensors
You cannot only sell but also buy options on Teragon!
This vault enables users to go long call options on Teragon Risk-Controlled Strategies. The Tensor's volatility target cheapens the option value by synthetically lowering the volatility level.
- Teragon GCI 50% Volatility (50vol) Risk-Control Strategy on BSC
- Users deposit BUSD into the vault
- Market makers provide offer quotes for the call option
- If the call option is exercised, then the user receives the notional value of Teragon GCI Index 50vol Risk-Control Strategy vault token
- If the call option is not exercised, users receive their option premium and yield generated on cash as BUSD