# How to Buy a Put Option

1\. Visit Hegic website: [https://www.hegic.co](https://www.hegic.co/)

![](/files/-M71bGfsH8v5yRLsgvGw)

2\. Connect your wallet (use MetaMask or WalletConnect). Download: [https://metamask.io](https://metamask.io/) / [https://walletconnect.org](https://walletconnect.org/). Consider using [https://www.argent.xyz](https://www.argent.xyz/) / [https://trustwallet.com](https://trustwallet.com/)

![](/files/-M71bZsxR2TvJ20zmkBK)

3\. Read about the potential risks and click the "OK" button if you agree to continue

![](/files/-M71bo_QinVqi5C_VP7O)

4\. Choose the Holder role and click the "Holders" button

![](/files/-M71c5W-IVbHkyr3T5vf)

5\. Choose the "Put" type of an option contract on the interface

![](/files/-M728e_I-nCO2k1Zvitr)

6\. Choose the Size, Strike Price and Period for your option contract

![](/files/-M728yDS54h33Ywr2mT0)

7\. Click the "Buy Option Contract" button

![](/files/-M729HuzfXxVopRb5u9c)

8\. Confirm the transaction in your wallet and wait for the confirmation

![](/files/-M729_ZJZVGMjnK9MK2J)

9\. Voilà! You are now holding an ETH put option contract

![](/files/-M72ASnfTmTlxGJvIDhi)

10\. To exercise your option contract click the "Exercise" button and then click "Confirm"

![](/files/-M72BO5n_Sid5hGerLfj)

12\. Сlick the "Exercise" button one more time and then "Confirm" the exersicing transaction

![](/files/-M72pVEQOiM8vbcrGvWr)

13\. Your ETH will be swapped for DAI that you will receive to the wallet. You have exercised your option!

![](/files/-M72pBa63solIPbc4xg5)

##


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://hegic.gitbook.io/start/guides/how-to-buy-a-put-option.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.