# ETH Options

### Contract Specifications

| Contract Type        | ETH Call and Put Options              |
| -------------------- | ------------------------------------- |
| Underlying Asset     | Aevo ETH Index                        |
| Settlement Asset     | USDC                                  |
| Tick Size            | $0.01                                 |
| Expiration Date      | 08:00am UTC                           |
| Minimum Order Value  | 0.01 USDC                             |
| Method of Exercise   | Cash Settled in USDC                  |
| Contract Expirations | Daily, Weekly, Monthly, and Quarterly |