# User Guide

### **How to open a Swap Options position**

1. Connect the wallet and choose the pair you would like to swap
   * Swap \[ETH] for \[USDT] means to buy an ETH Put Option
   * Swap \[USDT] for \[WBTC] means to buy an WBTC Call Option

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***Take "Swap ETH for USDT" as an example below***

2. Fill in the amount of ETH to Swap
3. Confirm the USDT receivable and Option potocol fee payable
4. Swipe to pay potocol fee in USDT

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5. Approve and finish the signing steps

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6. The order is confirmed with the notification "Transaction Submitted"
7. Click "Review The Order" to see the order

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2Ff5WgWM76Yk1A7jo0hpjX%2F5.png?alt=media&#x26;token=c327ab8f-9c1b-4d08-96ce-fdbe58dbe9c5" alt="" width="375"><figcaption></figcaption></figure>

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### **How to view your current Swap Options position**

1. Click 【**Portfolio】**
2. View ongoing positions under **My Positions**
3. View all orders under **Trade History**

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### **How to exercise Swap Options**

1. Click【**Trading**】and choose **Swap Options**
2. Click the right button to view the ongoing position

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2FRkdQrefUY9zL6ksp45qA%2F1.png?alt=media&#x26;token=e2066095-e01f-4efe-b03a-43026c599b83" alt="" width="375"><figcaption></figcaption></figure>

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3. Swap and finish the signing steps

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4. The order is exercised with the notification "Transaction Submitted"
5. Click "Review The Order" and view the exercised Option under **Trade History**

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2FJWZK6LKBob2OXlj4ENRf%2F4.png?alt=media&#x26;token=6b22f349-1ba6-4b4f-a97b-4603fe96ce2c" alt="" width="375"><figcaption></figcaption></figure>

<figure><img src="https://2949540665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtTyUuBQOOKLnlfglEPqD%2Fuploads%2Fmw9LnOggUhJNGax1VhMf%2F5.png?alt=media&#x26;token=a3c8d483-665a-4292-a688-61374c8846a9" alt="" width="375"><figcaption></figcaption></figure>

### **How to view the total balance**

1. Click **\[Asset]** to view the balance
   * Total Asset: The sum of wallet and vault value
   * Wallet: The balance in the wallet connected
   * Vault: The profit from the option and the token received from the swap are stored in the Vault

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2. Users can transfer money between Vault and Wallet by clicking the Transfer button
   * Use the arrow to choose deposit or withdrawal
   * Fill in the amount and click transfer

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