Hegic
  • Learn Options Basics
  • What Can You Do With Hegic
  • Whitepaper
  • FAQ
    • ETH Call Options
    • ETH Put Options
    • ETH Liquidity Pool
    • DAI Liquidity Pool
  • Guides
    • How to Buy a Call Option
    • How to Buy a Put Option
    • How to Sell Call Options
    • How to Sell Put Options
  • Developers
    • Contracts
    • GitHub Repository
Powered by GitBook
On this page

Was this helpful?

  1. Guides

How to Sell Put Options

PreviousHow to Sell Call OptionsNextContracts

Last updated 4 years ago

Was this helpful?

1. Visit Hegic website: https://www.hegic.co

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

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

4. Choose the Writer role and click the "Liquidity Providers" button

5. Choose the DAI Pool

6. Click the "Deposit" button

7. Choose the amount of DAI for providing to the DAI Pool

8. Click the "Deposit" button for the first time and confirm the transaction (approval)

9. Click the "Deposit" button for the second time and confirm the transaction (providing liquidity)

10. Voilà! You are now providing liquidity and selling ETH put options

11. To withdraw DAI click the "Withdraw" button

12. You will receive DAI to your Ethereum address after the transaction is confirmed