🧑‍🏫How It Works

TaoTrade vaults act as a market maker selling options to traders. Each position opened maps to vault liquidity.

Traders refer to the activation price. This is a reference point for the trade entry. Payoff will be determined from here.

Wager is how much capital is at risk at the entry price.

Payout Mulitplier refers to how much leverage the trader would like to take. For now, Good Entry has standardized the amount of leverage traders can take.

Runway: It refers to the amount of time the position can be opened for before its closed. The more leverage a trader takes the shorter the runway will be.

Payoff is linear as spot moves above the activation price for longs. vice versa for shorts.

Traders can open multiple positions subject to open interest.