CLAMM Walkthrough

Stryke is designed for options traders at all levels, offering a comprehensive suite of tools for trading options and managing liquidity. This walkthrough provides a step-by-step guide to navigate and utilize the key features of Stryke's CLAMM product.

Connecting Your Wallet

Initial Setup

Upon launching the Stryke app, you will arrive at the CLAMM dashboard.

To begin, click the “Connect Wallet” button located at the top right corner of the dashboard. Select your wallet service from the provided options and authorize the connection to proceed.

Viewing Markets

The dashboard displays a comprehensive list of all available markets. Select your preferred market to view options or provide liquidity.

Trading Options

Accessing the Trade Page

Navigate to the trade page by selecting the “Trade” option from the side menu.

Purchasing Options

The trade page features a token pair chart (powered by TradingView) at the top, along with call and put strike prices at the bottom. Browse through the list of available options, which are presented based on the existing liquidity.

Expand or collapse sections as needed and scroll to view different options. To initiate a trade, check the box next to the desired strike price(s) to add them to the trade tab. Select the expiry time and specify the quantity of options you wish to purchase.

Enable the “Auto Exercise” toggle if you want the system to automatically exercise the option at expiry without your manual intervention.

Managing and Exercising Positions

View your current positions under the “Your Position” section adjacent to the Option Chain. To exercise a profitable position at any time, select it and click on the “Exercise” button. Review your trading history by clicking on the “Trade History” section.

Providing Liquidity and Selling Options

Liquidity Provision

To add liquidity, navigate to the “Liquidity Provision” section on the trade page, select a range of your choice, and provide liquidity.

Alternatively, you may choose specific strikes to provide liquidity.

Finally, review your liquidity positions in the “Your Position” > “LP Position” section.

Withdrawing Liquidity

To manage your liquidity, click on the “Manage” button next to your deposit in the liquidity section. Select the strikes from which you wish to withdraw and click on the “Withdraw” button.

Conclusion

Having completed this UI walkthrough, you should now have a clear understanding of CLAMM's functionalities for option trading and liquidity management. If you have any further questions, contact our team via official channels for assistance.

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