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0.0 weETHC
DRV Points
0.00 Points
EtherFi Points (2x)
0 Points
EigenLayer Points
0 Points
StrategyMonitor the performance of the vault for this week's strike
ETH Price
$2,311.04
Strike Price
$2,700
Time To Expiry
4d 6h 2m 14s
Projected Yield (APY)
+16.74%
This Week's Performance
+0.322%
Parameters
Option Type
Call
Underlying Asset
ETH
Underlying Spot Price
$2,311.04
Collateral Asset
weETH
Collateral Spot Price
...
Strike Price
$2,700
Option Expiry
8am, Sep 13 2024
Option Style
European
Option Delta
0.0419
Target Delta
0.1
Target Days To Expiry
7 Days
Management Fee
0.0%
Options Yield...
Automated strategy selling out-of-the-money call options on weETH to generate USDC yield. Yields often vary between 10-50% p.a.
DRV Points3x Multiplier
Earn DRV Points for depositing your weETH into Derive.
EtherFi Points2x Multiplier
Earn boosted EtherFi Points for choosing EtherFi as your liquid restaking provider.
EigenLayer PointsVariable
Earn EigenLayer points for restaking to secure the AVS network.
ETH Staking Rewards...
Earn ETH staking rewards for securing the Ethereum network.
Risks
PRINCIPAL RISKConversion of collateral to USDC: If the covered call finishes in the money (i.e. the price of the asset finishes above the strike price of the option), a fraction of the LRT collateral will need to be sold in order to pay off the value of the call on expiry. The key risk to selling covered calls is that asset holders miss out on price appreciation of their asset, beyond the strike price of the option.
SMART CONTRACT RISKInteracting with any smart contract carries the risk of losing access to your funds. The immutable nature of smart contacts makes it difficult and potentially impossible to recover them.
OTHER RISKHolding a Liquid Restaking Token (LRT) carries its own set of risks, including but not limited to smart contract bugs, Ethereum bugs, restaking penalties, price fluctuations and key management problems. If options expire in-the-money, LRT collateral will need to be swapped for USDC on settlement. Available LRT spot liquidity on the exchange and the amount of LRT collateral to be liquidated could factor in to longer settlement times, in order to ensure quality of execution. Learn more
HistoryView trade history of the vault
Time
Instrument
Status
Direction
Amount / Price
Total / Fee
Profit / Loss
Liquidity
Tx
2d
ETH $2700 CallSep 13 Exp
Order
Filled
Sell
1,417.14$7.70
$10,911.98$1,016.85
—
Maker
2d
ETH $2700 CallSep 13 Exp
Order
Filled
Sell
500.00$8.10
$4,050.00$478.76
—
Taker
2d
ETH $2700 CallSep 13 Exp
Order
Filled
Sell
60.00$8.10
$486.00$57.45
—
Taker
2d
ETH $2700 CallSep 13 Exp
Order
Filled
Sell
30.00$8.30
$249.00$29.23
—
Taker
2d
ETH $2700 CallSep 13 Exp
Order
Filled
Sell
30.00$8.90
$267.00$29.20
—
Taker
1w
ETH $2800 CallSep 6 Exp
Order
Filled
Sell
1,148.57$5.40
$6,202.28$775.78
—
Taker
1w
ETH $2800 CallSep 6 Exp
Order
Filled
Sell
177.00$5.50
$973.50$121.69
—
Maker
1w
ETH $2800 CallSep 6 Exp
Order
Filled
Sell
30.00$5.70
$171.00$21.88
—
Taker
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