Leveraged Spot Exposure (Trading Perpetuals & Spot)

Position Setup:

• Buy deep-in-the-money call options on ETH with a strike price of $2,200 for a premium of $300.

• Take a 2x leveraged long position on ETH/USDT perpetual for $2,500.

• ETH price increases to $2,800.

Using the Greeks Dashboard:

• Delta Tracking: With a deep-in-the-money call option, delta will be close to 1, meaning the position behaves like the underlying asset. By monitoring delta, you ensure you have full exposure to ETH’s price movement. The dashboard shows the combined delta of your perpetual and options positions.

• Gamma Adjustments: As ETH moves, gamma will help you gauge how much your delta will change. If the gamma value becomes high, you might adjust your perpetual position to lock in gains or reduce risk.

• Theta & Vega Monitoring: The option’s theta and vega metrics allow you to track time decay and volatility sensitivity. Monitoring these helps you decide when to close the call option for optimal value.

• Net Position: You gain $600 from the perpetual and $300 from the call option, with risk managed through the Greeks Dashboard.