AD Derivs. Podcast (Ep. 22) - Reggie & Jake @hook.xyz
AD Derivs: Insights from Crypto Option Traders
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Can I Sell Calls? Can I Buy Puts?
The hook protocol is a hybrid call options on NFTs. The way that it works is the deposit at individual entity into the protocol while specifying your designer's strike price expiration. At the end of the option period, I've kind of matured one day before we started a settlement auction, which basically auctions off the underlying N FTs. So actually right now this week, we launched a market, a four-hour problem because that was an exciting mint that happened this week.
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