Exercise before expiry
Pay the agreed strike in BNB. The complete token lot transfers to your chosen wallet in the same transaction.
The seller locks the full token lot. A buyer pays a premium for the right to buy it at an agreed BNB price before expiry.
In this calculation you choose the token lot's market value. Overcast does not supply a market price or execute automatically.
After acceptance the seller cannot take the collateral back early. The buyer decides whether to pay the full strike and receive the tokens.
Pay the agreed strike in BNB. The complete token lot transfers to your chosen wallet in the same transaction.
No strike payment is required. The seller can reclaim the tokens after expiry. The paid premium remains with the seller.
A quote is an offer, not income. The seller earns a premium only when another wallet accepts. There is no promised APY or automatic exercise.
Read premium and expiry rules