CallPut Options Glossary
Definitions for CallPut options terminology including calls, puts, strike, expiry, premium, implied volatility, OLP, collateral, request keys, settlement and synthetic exposure.
Core option terms
Call: an option with upside-oriented payoff beyond the strike at expiry.
Put: an option with downside-oriented payoff below the strike at expiry.
Strike: the reference price used by the option payoff.
Expiry: the timestamp after which the option can no longer behave like a live pre-expiry position.
Pricing terms
Premium: the amount paid for a long option or received/quoted for the opposite side, subject to execution.
Implied volatility (IV): a volatility input reflected in option pricing, not a forecast guarantee.
Break-even: a simplified price level where payoff and premium offset, before considering all execution details.
Protocol terms
Request key: the identifier used to track an asynchronous open or close request.
OLP: the Options Liquidity Pool used in CallPut liquidity-provider workflows.
Synthetic stock/ETF option: an onchain option referencing a market price without conveying ownership of the referenced security.
Frequently asked questions
What does the CallPut Options Glossary page cover?
It covers definitions for CallPut options terminology including calls, puts, strike, expiry, premium, implied volatility, OLP, collateral, request keys, settlement and synthetic exposure.
Does a documentation example guarantee a live market or fill?
No. Market availability, expiries, strikes, liquidity, fees and contract state can change. Check the live application and selected network before acting.
Are CallPut stock and ETF options ownership of the referenced security?
No. The documented stock and ETF options are synthetic onchain instruments and do not grant shares, fund units, dividends, voting rights or physical delivery.