Long Call Options on Tensors
You cannot only sell but also buy options on Teragon!
What are Long Call Options on Tensors?
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.
Implementation Example
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
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