Common Revert Scenarios

Below are common Custom Errors thrown when opening/closing/modifying a position:
custom error
contract
description
TotalCostOutsideOfSpecifiedBounds
OptionMarket
totalCost < minCost or > maxCost
ExpectedNonZeroValue
OptionMarket
iterations or strikeId cannot be 0
BoardIsFrozen
OptionMarket
admin has frozen board
BoardExpired
OptionMarket
listing expiry < block.timestamp
insufficient funds
ERC20
LP has insufficient liquidity or trader does not have enough funds
TradeDeltaOutOfRange
OptionMarketPricer
opening/closing outside of delta range, use forceClose to bypass
ForceCloseDeltaOutOfRange
OptionMarketPricer
force closing outside the forceCloseDeltaRange, use forceClose to bypass
TradingCutoffReached
OptionMarketPricer
opening/closing too close to expiry, use forceClose to bypass
AdjustmentResultsInMinimumCollateralNotBeingMet
OptionToken
new collateral < minimum required collateral
FullyClosingWithNonZeroSetCollateral
OptionToken
when fully closing setCollateralTo must equal 0
OnlyOwnerCanAdjustPosition
OptionToken
position.owner must equal msg.sender
CannotAdjustInvalidPosition
OptionToken
position.state must be ACTIVE or TradeInputParameters do no match positionId
BoardMustBeSettled
ShortCollateral
OptionMarket.settleBoard has not been called
BaseLimitExceeded
OptionMarket
Only on Optimism Newport release. Occurs when the amount of base in the shortCollateral contract is exceeded. No more short calls can be collateralised using base after this. 

custom error	contract	description
TotalCostOutsideOfSpecifiedBounds	OptionMarket	`totalCost` < minCost or > maxCost
ExpectedNonZeroValue	OptionMarket	iterations or strikeId cannot be 0
BoardIsFrozen	OptionMarket	admin has frozen board
BoardExpired	OptionMarket	listing `expiry` < `block.timestamp`
insufficient funds	ERC20	LP has insufficient liquidity or trader does not have enough funds
TradeDeltaOutOfRange	OptionMarketPricer	opening/closing outside of delta range, use `forceClose` to bypass
ForceCloseDeltaOutOfRange	OptionMarketPricer	force closing outside the forceCloseDeltaRange, use `forceClose` to bypass
TradingCutoffReached	OptionMarketPricer	opening/closing too close to expiry, use `forceClose` to bypass
AdjustmentResultsInMinimumCollateralNotBeingMet	OptionToken	new collateral < minimum required collateral
FullyClosingWithNonZeroSetCollateral	OptionToken	when fully closing `setCollateralTo` must equal 0
OnlyOwnerCanAdjustPosition	OptionToken	`position.owner` must equal `msg.sender`
CannotAdjustInvalidPosition	OptionToken	`position.state` must be `ACTIVE` or `TradeInputParameters` do no match `positionId`
BoardMustBeSettled	ShortCollateral	`OptionMarket.settleBoard` has not been called
BaseLimitExceeded	OptionMarket	Only on Optimism Newport release. Occurs when the amount of base in the `shortCollateral` contract is exceeded. No more short calls can be collateralised using base after this.

Last modified 4mo ago