A Put Option gives you the right to sell TON at the strike price.
If you're bearish about TON, buying a Put Option protects your savings from a sudden price drop for a specified period of time.
On TON Hedge, the strike price equals TON's market price at the time of purchase.
To buy a Put Option, choose:
1. Amount of options (1 option insures 1 TON)
2. Period (from 1 week to 1 month)
The option price depends on the period and volatility, usually 5-10% of TON's price.
Example:
· You have 1 TON, and 3 days ago you bought a weekly Put Option for TON with a strike price of $8, and it cost you 0.5$
· Suddenly market fell dramatically, and the current TON price is $4
· You can exercise option and receive 4$ profit, which is x8 return, that almost covers your losses on this TON price drop!
· You still can exercise later on lower price before the week expires
Protect your savings with TON Hedge!
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