> For the complete documentation index, see [llms.txt](https://docs.kyte.sh/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.kyte.sh/guides/positions.md).

# Manage your positions

Exercise, cancel, reclaim and expire, all from one page.

**Page: `/positions`**

## Holding (options you own)

| Action              | When          | Transaction                                                                                                                       |
| ------------------- | ------------- | --------------------------------------------------------------------------------------------------------------------------------- |
| **Exercise a call** | Before expiry | `Router.exerciseWithETH(id)` with `value = strike`. You pay the strike in ETH and receive the tokens.                             |
| **Exercise a put**  | Before expiry | `approve` the token to the PutMarket, then `PutMarket.exercisePut(id)`. You deliver the tokens and receive strike − 0.1% in WETH. |

{% hint style="warning" %}
**Exercise early.** Robinhood Chain has a single sequencer. A transaction that lands at or after expiry fails with `OptionExpired`. Don't wait for the last minutes.
{% endhint %}

## Selling (offers you made)

| Action      | When                               | Transaction                                                                                        |
| ----------- | ---------------------------------- | -------------------------------------------------------------------------------------------------- |
| **Cancel**  | Offer is open (not yet filled)     | `cancelUnfilled(id)`: collateral returns immediately                                               |
| **Reclaim** | Fill deadline passed, never filled | Same `cancelUnfilled(id)`                                                                          |
| **Expire**  | Filled, and expiry has passed      | `expire(id)`: collateral returns to you. Anyone can call this; the keeper usually does it for you. |

## Wallet

* **Unwrap WETH → ETH** calls `WETH.withdraw(amount)` on your full WETH balance.
* **History** lists your exercised, expired and cancelled positions.


---

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