Put a price behind your bid.
Write a cash-secured put on a Robinhood Chain Stock Token. A buyer pays you a premium for the right to sell at your chosen strike.
Open appLive on Robinhood Chain with NVDA Stock Token and USDG.
Stock TokenChoose an asset
StrikeYour price
SizeToken amount
ExpiryYour date
USDG reserved for the full purchase
One bid. Two sides.
Write the bid
Choose the Stock Token, strike, quantity and expiry. Lock the full USDG purchase amount.
Buyer-paid premium
Buy the right
A holder pays the premium to gain the right to sell the selected Stock Token to your bid before expiry.
Settlement follows the choice.
If the holder exercises, the Stock Token moves to the bid writer and the reserved USDG pays the strike. If the right expires unused, the writer withdraws the reserve.
ExerciseStock Token exchanged for reserved USDG
ExpiryUSDG reserve returned to the writer