Program 01
LiveHarvest
Get paid today to agree a price you would sell at.
What is locked, and by whom
Your shares move into an escrow account that only the settlement rule can open. The dealer funds the full purchase price in stablecoin before the trade goes live, so the sale can never fail for want of payment.
What it costs you
- You give up everything above your price. In a sharp price increase you do materially worse than simply holding.
- There is no floor. If the stock falls you take the full fall, and the cash you were paid is a small cushion, not protection.
- Assignment is all or nothing at the date. Above your price the whole position sells, not a slice of it.
- The escrow locks your shares until the date. You cannot sell them mid-term, only cancel while still unfilled.
You post 2 SPYx. It is locked until the date and nobody can pull it early.
Sell at697.33Term7 daysmark 664.12
You are paid now19.92
Below 697.33you keep the stock
2.00 SPYx+19.92 cash
At or above 697.33it sells at your price
0.00 SPYx+1414.58 cash
ONE PIXEL = 0.03 SHARES. FILLED COMES BACK TO YOU.
Connect a wallet to open a position. Practice balances have no monetary value.
- Change wallet