> For the complete documentation index, see [llms.txt](https://docs.jaspervault.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.jaspervault.io/product/degen-options/for-traders/user-guide.md).

# User Guide

* First, connect your wallet.

<figure><img src="/files/CI9M5rVDsDEWRpmVGs1M" alt="" width="375"><figcaption></figcaption></figure>

* Transfer USDT and a small amount of ETH from your decentralized wallet to your special Account Abstraction (AA) Vault.
* USDT is our accepted options premiums currency.
* ETH will be used as gas.

<figure><img src="/files/GCSVAYBSfWFnSfFqvOrn" alt="" width="375"><figcaption></figcaption></figure>

* Your AA Vault will enable you to trade options in a peer-to-peer manner, ensuring zero counterparty risk.

<figure><img src="/files/61G9GQgl8hwvOtDLvSfk" alt="" width="375"><figcaption></figcaption></figure>

* Once you see this, you are now ready to buy options using USDT as premiums.

<figure><img src="/files/yN4SxJLtRiPksqFlC8Vt" alt="" width="375"><figcaption></figcaption></figure>

* Next, back in this main page, click on the topmost dropdown button to reveal the Select Options page.

<figure><img src="/files/BjYy7Drywha2UzCXyArb" alt="" width="375"><figcaption></figcaption></figure>

Here, you can select:

* The token you’d like to make a price prediction on (ETH, WBTC, ARB, etc.),and the duration of your trade (2H, 4H, 8H, 12H, 24H)

<figure><img src="/files/4r1QvWe8oX3VhiiEc9Bl" alt="" width="375"><figcaption></figcaption></figure>

* Expanding on the next banner will reveal a Trading View price chart.

<figure><img src="/files/IHjMduYqIAYMdsKmkFu5" alt="" width="375"><figcaption></figcaption></figure>

* This Trading View integrated price chart will help you make an informed prediction on your trade.

<figure><img src="/files/ngNIuwbYiUYfCg4F3hnT" alt="" width="375"><figcaption></figcaption></figure>

Now, the final few steps to enjoy effortless leverage trading:

1. Select your preferred exposure to the underlying (0.1, 1 or 2 ETH in this example).
2. Confirm the premium you will pay.
3. Place a <mark style="color:green;">**Long Call**</mark> to bet that ETH will go up from current price.
4. Place a <mark style="color:red;">**Long Put**</mark> to bet that ETH will go down.

<figure><img src="/files/sbGCSPTCpawaFhBkBza5" alt="" width="375"><figcaption></figcaption></figure>

* You will now be prompted with a few signatures to enable your peer-to-peer trade.

<figure><img src="/files/rUhpTj0nSMTbIYMQauf2" alt="" width="375"><figcaption></figcaption></figure>

* Congratulation, you have now placed your Degen Options trade!

<figure><img src="/files/jYMzDvsMie1ZXB5CosYd" alt="" width="375"><figcaption></figcaption></figure>

* You can now view your live trade’s profitability like this.

<figure><img src="/files/zdzGTJ4HkLqVljxKc26M" alt="" width="375"><figcaption></figcaption></figure>

* Navigating to your Positions Tab, you can also view your multiple live positions like this.

<figure><img src="/files/HkGsc9nO5e6QyC4LGE23" alt="" width="375"><figcaption></figcaption></figure>

* Navigating to your History Tab, you can view your past positions and all relevant statistics.

<figure><img src="/files/wxTxOEfi14o5FAIVy3fs" alt="" width="375"><figcaption></figcaption></figure>

* If you click on the share icon next to Gross Profit, you will be able to see a PnL screenshot of your past trades and share it on your socials.

<figure><img src="/files/II6tzkQlQnR6BT2coVJg" alt="" width="375"><figcaption></figcaption></figure>


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