This guide details how users can purchase long option tokens by using Uniswap pairs and existing liquidity (if there is any).

Table Of Contents

User Guide using the Primitive Interface

  1. Select an option that you want to purchase by clicking the "+" icon on the option table row.

    https://s3-us-west-2.amazonaws.com/secure.notion-static.com/b14aa411-8c4d-46f2-a1a5-154e1d37f33e/Untitled.png

  2. Approve the underlying token to be spent by the UniswapConnector contract. This will be the premium that is paid by you to purchase the options.

    https://s3-us-west-2.amazonaws.com/secure.notion-static.com/43100775-e254-4d12-aa8c-73bfa4d68661/Untitled.png

  3. After approval, input the quantity of option tokens you'd like to purchase. This will display the Total Debit, which is the total underlying token cost of the transaction.

    https://s3-us-west-2.amazonaws.com/secure.notion-static.com/619971aa-4817-477f-8a9e-fec324eb5d41/Untitled.png

  4. Click the Review Transaction button, and submit it in metamask.

    https://s3-us-west-2.amazonaws.com/secure.notion-static.com/4bf9d582-23ba-4a68-bc11-c93f3af5a859/Untitled.png

  5. You will now have an active position holding the long option tokens!

https://s3-us-west-2.amazonaws.com/secure.notion-static.com/e2b3e59a-2cb3-4a95-8961-4b07fb8ceaab/Untitled.png

Developer Guide

Previous Guide

How to Setup the Primitive Protocol Locally

How to Setup Other Protocols used with Primitive

Requirements