Products
Typus Perps
Trade by Option Collateral
6min
lock options profits use your in the money options as collateral to open inverse perpetual positions before expiry this creates a synthetic hedge, maintaining your profit level regardless of price movement go to the portfolio https //typus finance/portfolio/ page, select an in the money option you want to hedge, and click the hedge button to enter the size and review trade details auto bid positions cannot be hedged directly to hedge an auto bid position, first close the auto bid strategy, and then bid receipts will become available to hedge manage positions once hedged, the position using option collateral will appear in the positions table on the perps page pnl is determined by two factors unrealized pnl from perps intrinsic value from option collateral close a position to fully close a position, click the close button in the positions table if the perps portion incurs a loss, the position cannot be closed until the option expires, at which point it will be automatically closed liquidations if the collateral value deducting unrealized pnl and fees drops below the maintenance margin, the position may be subject to liquidation liquidation price is calculated as the point where collateral value losses fees < maintenance margin rate position size the maintenance margin rate is the minimum amount of collateral a trader must maintain to keep a position open if a trader's margin falls below this threshold, the position will be subject to liquidation to prevent further losses maintenance margin rates vary by market and are outlined below market maintenance margin rate of option collateral sui/usd 0 2% btc/usd 0 1% eth/usd 0 5% sol/usd 0 5% deep/usd 0 5% wal/usd 0 5% when a perp position opened by option collateral is liquidated, the collateral is escrowed by the tlp until expiry at expiry, any remaining collateral after deducting losses and fees is distributed as follows fee to https //docs typus finance/risk management#4fhhn = 1% position size in usd fee to tlp = remaining collateral fee to insurance fund