ARRANGE Documentation
A protocol manual for ARRANGE, covered-call economics, Stock Tokens and replicating market-maker research.
#What ARRANGE is
ARRANGE structures covered-call exposure around Stock Tokens.
Choose a Stock Token, expiry and strike. Premium compensates the call writer for surrendering upside above the strike while retaining the underlying downside.
#Suggested reading path
- Start with the covered-call payoff and the quick numerical example.
- Read the product lifecycle and settlement pages for the economic accounting.
- Use Research Foundations for replicating portfolios, CFMMs and RMMs.
- Review Robinhood Chain for Stock Token contracts, pricing and corporate-action mechanics.
- Finish with the architecture and risk sections.