Reading the record…
Every snapshot behind this settlement is published to the evidence record. The same data source a reader can verify is the only input the resolver ever sees.
This market settles automatically from the published snapshot record. If three readings around the close show PnL above the strike, call holders are paid; otherwise put holders are. A void refunds all positions at cost.
Will @cosby be up over the next 7 days?
Checking how this book settles…
Multiples are quoted on a $100 ticket, after the fee. Portfolio.