> 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/usage.md).

# Usage

- [For Hedging](https://docs.carmine.finance/carmine-options-amm/usage/for-hedging.md): Explore the power of Carmine Options in mitigating portfolio risk through diverse hedging strategies using call and put options.
- [For Speculation](https://docs.carmine.finance/carmine-options-amm/usage/for-speculation.md)
- [For Trading](https://docs.carmine.finance/carmine-options-amm/usage/for-trading.md): Options have a rich palette of trading-related usecases and options volumes in traditional finance have been steadily growing
- [Arbitraging the AMM](https://docs.carmine.finance/carmine-options-amm/usage/arbitraging-the-amm.md)
- [Future Use Cases Unlocked by the Composability of DeFi](https://docs.carmine.finance/carmine-options-amm/usage/future-use-cases-unlocked-by-the-composability-of-defi.md)
- [Hedging Impermanent Loss](https://docs.carmine.finance/carmine-options-amm/usage/future-use-cases-unlocked-by-the-composability-of-defi/hedging-impermanent-loss.md): More technical look into how we'll be hedging IL with traditional European style options


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.carmine.finance/carmine-options-amm/usage.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.