PORTFOLIOOPTIONSPERPSYIELDLEADERBOARDAIRDROPFREE TOKENS
TRADE
YIELD
LEADERBOARD
AIRDROP
https://app.swellnetwork.io/restake?ref=0x246d38588b16Dd877c558b245e6D5a711C649fCF
Live
Covered Call

rswETHC

Earn yield on your rswETH with an automated covered call strategy
TOTAL DEPOSITED0.0 rswETH
MAX CAPACITY2,000.0 rswETH

Your Position

History
Balance
0.0 rswETHC
LDX POINTS
0.00 Points
Swell Pearls (4.5x)
0 Pearls
EigenLayer Points
0 Points

Strategy

Monitor the performance of the vault for this week's strike
ETH Price
$3,267.15
Strike Price
$3,700
Time To Expiry
5d 23h 6m 27s
Projected Yield (APY)
+16.1%
This Week's Performance
+0.31%

Parameters

Option Type
Call
Underlying Asset
ETH
Underlying Spot Price
$3,267.15
Collateral Asset
rswETHC
Collateral Spot Price
...
Strike Price
$3,700
Option Expiry
8am, Aug 2 2024
Option Style
European
Option Delta
0.0787
Target Delta
0.1
Target Days To Expiry
7 Days
Management Fee 
0.0%

Yield Stack

/

How it works

Learn More
COVERED CALL YIELD...
Automated strategy selling out-of-the-money call options on rswETH to generate USDC yield. Yields often vary between 10-50% p.a.
LDX POINTS4.5x MULTIPLIER
Earn LDX Points for depositing your rswETH into Lyra.
SWELL POINTS4.5x MULTIPLIER
Earn boosted Swell Pearls for choosing Swell as your liquid restaking provider.
EIGENLAYER POINTSVARIABLE
Earn EigenLayer points for restaking to secure the AVS network.
ETH STAKING REWARDS...
Earn ETH staking rewards for securing the Ethereum network.

Risks

Learn More
PRINCIPAL RISKConversion of collateral to USDC: If the covered call finishes in the money (i.e. the price of the asset finishes above the strike price of the option), a fraction of the LRT collateral will need to be sold in order to pay off the value of the call on expiry. The key risk to selling covered calls is that asset holders miss out on price appreciation of their asset, beyond the strike price of the option.
SMART CONTRACT RISKInteracting with any smart contract carries the risk of losing access to your funds. The immutable nature of smart contacts makes it difficult and potentially impossible to recover them.
OTHER RISKHolding a Liquid Restaking Token (LRT) carries its own set of risks, including but not limited to smart contract bugs, Ethereum bugs, restaking penalties, price fluctuations and key management problems. If options expire in-the-money, LRT collateral will need to be swapped for USDC on settlement. Available LRT spot liquidity on the exchange and the amount of LRT collateral to be liquidated could factor in to longer settlement times, in order to ensure quality of execution. Learn more

Deposit

/

Withdraw

Get rswETH
NETWORK
Ethereum
AMOUNT
YOU RECEIVE...
EXCHANGE RATE...
GAS COST...

History

View trade history of the vault
Time
Instrument
Status
Direction
Amount / Price
Total / Fee
Profit / Loss
Liquidity
Tx
ETH $3700 CallAug 2 Exp
Order
Filled
Sell
27.00$10.20
$275.40$34.43
—
Taker
ETH $3700 CallAug 2 Exp
Order
Filled
Sell
1,656.09$10.20
$16,892.12$2,112.01
—
Taker
ETH $3700 CallAug 2 Exp
Order
Filled
Sell
5.00$10.40
$52.00$4.87
—
Maker
ETH $3700 CallAug 2 Exp
Order
Filled
Sell
10.00$10.80
$108.00$9.75
—
Maker
ETH $3900 CallJul 26 Exp
Order
Filled
Sell
111.11$10.30
$1,144.43$113.40
—
Maker
ETH $3900 CallJul 26 Exp
Order
Filled
Sell
255.00$10.30
$2,626.50$260.26
—
Maker
ETH $3900 CallJul 26 Exp
Order
Filled
Sell
144.00$10.30
$1,483.20$146.97
—
Maker
ETH $3900 CallJul 26 Exp
Order
Filled
Sell
1,111.08$10.50
$11,666.34$1,458.79
—
Taker
1 / 6