> For the complete documentation index, see [llms.txt](https://docs.carmine.finance/carmine-options-amm/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.carmine.finance/carmine-options-amm/mechanics-basic-overview.md).

# Mechanics - Basic Overview

- [Liquidity Pools](https://docs.carmine.finance/carmine-options-amm/mechanics-basic-overview/liquidity-pools.md)
- [Initialization of new pairs and new options](https://docs.carmine.finance/carmine-options-amm/mechanics-basic-overview/initialization-of-new-pairs-and-new-options.md): Initialization of options trading
- [Price Adjustments](https://docs.carmine.finance/carmine-options-amm/mechanics-basic-overview/price-adjustments.md)
- [Examples](https://docs.carmine.finance/carmine-options-amm/mechanics-basic-overview/examples.md): Trade Examples