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Price Change-100%-90%-80%-70%-60%-50%-40%-30%-20%-10%0%10%20%30%40%50%60%70%80%90%100%110%120%130%140%150%160%170%180%190%200%210%220%230%240%250%260%270%280%290%300%310%320%330%340%350%360%370%380%390%400%410%420%430%440%450%460%470%480%490%500%
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 ETH Price - 40 80 120 160 200 240 280 320 360 400 440 480 520 560 600 640 680 720 760 800 840 880 920 960 1,000 1,040 1,080 1,120 1,160 1,200 1,240 1,280 1,320 1,360 1,400 1,440 1,480 1,520 1,560 1,600 1,640 1,680 1,720 1,760 1,800 1,840 1,880 1,920 1,960 2,000 2,040 2,080 2,120 2,160 2,200 2,240 2,280 2,320 2,360 2,400
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 Holding ETH and DAI Not in the pool Amount of ETH 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100
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 Amount of DAI 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000
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 total value 40,000 44,000 48,000 52,000 56,000 60,000 64,000 68,000 72,000 76,000 80,000 84,000 88,000 92,000 96,000 100,000 104,000 108,000 112,000 116,000 120,000 124,000 128,000 132,000 136,000 140,000 144,000 148,000 152,000 156,000 160,000 164,000 168,000 172,000 176,000 180,000 184,000 188,000 192,000 196,000 200,000 204,000 208,000 212,000 216,000 220,000 224,000 228,000 232,000 236,000 240,000 244,000 248,000 252,000 256,000 260,000 264,000 268,000 272,000 276,000 280,000
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Not HedgingIn the poolIL rate-100.00%-42.50%-25.46%-15.73%-9.65%-5.72%-3.18%-1.57%-0.62%-0.14%0.00%-0.11%-0.41%-0.85%-1.40%-2.02%-2.70%-3.42%-4.17%-4.94%-5.72%-6.51%-7.30%-8.09%-8.87%-9.65%-10.42%-11.18%-11.93%-12.67%-13.40%-14.11%-14.82%-15.51%-16.19%-16.85%-17.51%-18.15%-18.78%-19.39%-20.00%-20.59%-21.18%-21.75%-22.31%-22.86%-23.40%-23.93%-24.45%-24.96%-25.46%-25.96%-26.44%-26.92%-27.38%-27.84%-28.29%-28.73%-29.17%-29.59%-30.01%
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 IL -40,000 -18,702 -12,223 -8,182 -5,404 -3,431 -2,032 -1,067 -446 -105 - -95 -364 -786 -1,343 -2,020 -2,807 -3,693 -4,669 -5,728 -6,863 -8,069 -9,341 -10,674 -12,065 -13,509 -15,004 -16,547 -18,134 -19,765 -21,436 -23,145 -24,892 -26,673 -28,487 -30,334 -32,211 -34,117 -36,051 -38,013 -40,000 -42,012 -44,049 -46,108 -48,191 -50,294 -52,419 -54,564 -56,729 -58,912 -61,115 -63,335 -65,572 -67,826 -70,097 -72,383 -74,685 -77,003 -79,334 -81,681 -84,041
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 total value - 25,298 35,777 43,818 50,596 56,569 61,968 66,933 71,554 75,895 80,000 83,905 87,636 91,214 94,657 97,980 101,193 104,307 107,331 110,272 113,137 115,931 118,659 121,326 123,935 126,491 128,996 131,453 133,866 136,235 138,564 140,855 143,108 145,327 147,513 149,666 151,789 153,883 155,949 157,987 160,000 161,988 163,951 165,892 167,809 169,706 171,581 173,436 175,271 177,088 178,885 180,665 182,428 184,174 185,903 187,617 189,315 190,997 192,666 194,319 195,959
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 Hedging with two options Buy ETH $520 Call Option Margin 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200
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 Profit of exercising - - - - - - - - - - - - - - 4,000 8,000 12,000 16,000 20,000 24,000 28,000 32,000 36,000 40,000 44,000 48,000 52,000 56,000 60,000 64,000 68,000 72,000 76,000 80,000 84,000 88,000 92,000 96,000 100,000 104,000 108,000 112,000 116,000 120,000 124,000 128,000 132,000 136,000 140,000 144,000 148,000 152,000 156,000 160,000 164,000 168,000 172,000 176,000 180,000 184,000 188,000
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 Buy ETH $280 Put Option Margin 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600 600
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 Profit of exercising 28,000 24,000 20,000 16,000 12,000 8,000 4,000 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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 Total Value when hedging 26,200 47,498 53,977 58,018 60,796 62,769 64,168 65,133 69,754 74,095 78,200 82,105 85,836 89,414 96,857 104,180 111,393 118,507 125,531 132,472 139,337 146,131 152,859 159,526 166,135 172,691 179,196 185,653 192,066 198,435 204,764 211,055 217,308 223,527 229,713 235,866 241,989 248,083 254,149 260,187 266,200 272,188 278,151 284,092 290,009 295,906 301,781 307,636 313,471 319,288 325,085 330,865 336,628 342,374 348,103 353,817 359,515 365,197 370,866 376,519 382,159
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Rate of loss when hedging-34.50%7.95%12.45%11.57%8.57%4.61%0.26%-4.22%-3.12%-2.51%-2.25%-2.26%-2.46%-2.81%0.89%4.18%7.11%9.73%12.08%14.20%16.11%17.85%19.42%20.85%22.16%23.35%24.44%25.44%26.36%27.20%27.98%28.69%29.35%29.96%30.52%31.04%31.52%31.96%32.37%32.75%33.10%33.43%33.73%34.01%34.26%34.50%34.72%34.93%35.12%35.29%35.45%35.60%35.74%35.86%35.98%36.08%36.18%36.27%36.35%36.42%36.49%
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