Enum psyoptions::instruction::OptionsInstruction

#[repr(C)]
pub enum OptionsInstruction {
    InitializeMarket {
        underlying_amount_per_contract: u64,
        quote_amount_per_contract: u64,
        expiration_unix_timestamp: UnixTimestamp,
        bump_seed: u8,
    },
    MintCoveredCall {},
    ExerciseCoveredCall {},
    ClosePostExpiration {},
    ClosePosition {},
    ExchangeWriterTokenForQuote {},
}

Instructions supported by the Options program

Variants

InitializeMarket

Initializes a new OptionMarket

Accounts expected by this instruction:

0. [] Underlying Asset Mint
1. [] Quote Asset Mint
2. [writeable] Option Mint (uninitialized)
3. [writeable] Writer Token Mint (uninitialized)
4. [writeable] Option Market
5. [] Option Mint Authority
6. [writeable] Underlying Asset Pool (uninitialized)
7. [writeable] Quote Asset Pool (uninitialized)
8. [] Fee Owner Account - should match declaration in fees.rs
9. [] Mint Fee Key - An SPL Token account that recieves fees in the underlying asset
10. [] Rent Sysvar
11. [] SPL Token Program Account
12. [] System Program
13. [] SPL Associated Token Program Account

Fields of InitializeMarket

underlying_amount_per_contract: u64

The amount of the underlying asset that derives a single contract

quote_amount_per_contract: u64

Pre-computed quote amount for the new market, equal to strike price * amount_per_contract

expiration_unix_timestamp: UnixTimestamp

The Unix timestamp at which the contracts in this market expire

bump_seed: u8

Bump Seed for the Program Derived Address

MintCoveredCall

Mints an Options token to represent a Covered Call

0. [writeable] Funding Account
1. [writeable] Option Mint
2. [writeable] Destination account for minted Option
3. [writeable] Writer Token Mint
4. [writeable] Destination account for minted Writer Token
5. [writeable] Source account for OptionWriter’s underlying asset
6. [writeable] Destination account for underlying asset pool
7. [writeable] OptionMarket data account
8. [writeable] Mint fee account (associated token address derived from the fee_owner_key)
9. [] Fee owner key
10. [signer] Authority account for underlying asset source
11. [] SPL Token Program
12. [] Program Derived Address for the authority over the Option Mint
13. [] SysVar clock account
14. [] System Program account

Fields of MintCoveredCall

ExerciseCoveredCall

Exercise an Options token representing a Covered Call

0. [] Sysvar clock
1. [] SPL Token Program
2. [] Option Market
3. [writeable] Exerciser Quote Asset Source
4. [signer] Exerciser Authority
5. [writeable] Exerciser Underlying Asset Source
6. [writeable] Underlying Asset Pool
7. [writeable] Quote Asset Pool
8. [] Option Mint Authority
9. [writeable] Option Mint
10. [writeable] Option Token Account
11. [signer] Option Token Account Authority

Fields of ExerciseCoveredCall

ClosePostExpiration

Close a single option contract post expiration. Transfers the underlying asset back to the Option Writer

0. [] Option Market
1. [] Option Mint
2. [] Option Mint Authority
3. [writeable] Writer Token Mint
4. [writeable] Writer Token Source (to be burned)
5. [signer] Writer Token Source Authority
6. [writeable] Option Writer Underlying Asset Destination
7. [writeable] Underlying Asset Pool
8. [] Sysvar clock
9. [] SPL Token Program

Fields of ClosePostExpiration

ClosePosition

Close a single option contract prior to expiration. Burns the option token and the writer token and returns the underlying asset back to the writer (or address specified).

0. [] SPL Token porgram
1. [] Option Market
2. [writable] Option Mint
3. [] Option Mint Authority
4. [writable] Option Token Source
5. [signer] Option Token Source Authority
6. [writable] Writer Token Mint
7. [writable] Writer Token Source
8. [] Writer Token Source Authority
9. [writable] Underlying Asset Destination
10. [writable] Underlying Asset Pool

Fields of ClosePosition

ExchangeWriterTokenForQuote

Allow a user to exchange their Writer Token for Quote Asset. Burns the Writer Token and transfers the Quote Asset amount relative to the option market

0. [] Option Market
1. [] Option Mint
2. [] Option Market Authority
3. [writeable] Writer Token Mint
4. [writeable] Writer Token Source (to be burned)
5. [signer] Writer Token Source Authority
6. [writeable] Quote Asset Destination
7. [writeable] Quote Asset Pool
8. [] SPL token program

Fields of ExchangeWriterTokenForQuote

Implementations

impl OptionsInstruction

pub fn unpack(input: &[u8]) -> Result<Self, ProgramError>

Unpacks a byte buffer into a TokenInstruction.

pub fn pack(&self) -> Vec<u8>

Packs a OptionInstruction into a byte buffer.

Trait Implementations

impl Debug for OptionsInstruction

fn fmt(&self, f: &mut Formatter<'_>) -> Result

Formats the value using the given formatter.

impl PartialEq<OptionsInstruction> for OptionsInstruction

fn eq(&self, other: &OptionsInstruction) -> bool

This method tests for self and other values to be equal, and is used by ==.

fn ne(&self, other: &OptionsInstruction) -> bool

This method tests for !=.

impl StructuralPartialEq for OptionsInstruction