What Are the Risks Associated with Relying on a Single Oracle for Options Data?

Relying on a single oracle creates a critical single point of failure for the smart contract. If that single data source is compromised, provides incorrect data, or goes offline, the contract's execution will be flawed or halted.

This vulnerability, known as the "oracle problem," can lead to financial losses or incorrect settlement of options contracts. A malicious actor could potentially manipulate the single oracle's data to profit from a derivative trade.