Topic: 420's Non-Ponzi Loans & LiteCoin Options (Lend to me, or Get a loan, Calls/Puts) - page 4. (Read 20560 times)
April 03, 2013, 06:53:58 PM
Run the calculations in the Black-Scholes calculator I posted and you'll see. That way you can customize an offer and make it so you're not having to haggle back and forth.
April 03, 2013, 05:04:17 PM
What about call option for 3 months of 1000LTC at 5$? What is the premium?
April 03, 2013, 01:59:26 PM
I calculate it to be a $.25/LTC fee at the current price of $4.79. Though that could change based on a price shift up or down.
April 03, 2013, 01:52:24 PM
Can I get an option for 10,000 LTC?
420, if you take this, I suggest these are the parameters:
10,000 LTC option at a strike of $8/LTC. Good for 1 year from date of agreement. Fee of $.89/LTC. If he wants a lower fee than that, he'll have to greatly jack up the strike price or lower the length of the call.
A 6 month call at the same strike would have a fee of $.4089/LTC. A strike of $12 for 1 year would have a fee of $.4660/LTC. Run the calculator first, always!!!
I would like this for 420's info, to be a 3 month and 7$ strike, would this be doable?
April 03, 2013, 01:45:52 PM
Can I get an option for 10,000 LTC?
420, if you take this, I suggest these are the parameters:
10,000 LTC option at a strike of $8/LTC. Good for 1 year from date of agreement. Fee of $.89/LTC. If he wants a lower fee than that, he'll have to greatly jack up the strike price or lower the length of the call.
A 6 month call at the same strike would have a fee of $.4089/LTC. A strike of $12 for 1 year would have a fee of $.4660/LTC. Run the calculator first, always!!!
April 03, 2013, 01:41:44 PM
Just a heads up 420, a call option at $5 strike 6 months from now with the recent volatility should go for no less than $1.08/LTC.
Use this calculator: http://www.danielsoper.com/fincalc/calc.aspx?id=37
Risk free rate can stay the same. Put the spot price (current price) as whatever it is (I used $4.79). Strike is $5. Time to maturity is 180 days. Volatility was entered as 85% (though should probably be higher, but 85% will provide a small discount to make the options attractive).
You really should use this calculator before making any options deals or you'll lose out. $.20/LTC fee isn't even fair for a 30 day option contract. The calculator spits out $.38/LTC for JUST 30 days!!! You must remember that you're taking significant risk (and potential loss of profit if the coin plummets) by making covered call sales, this is why the price should be MUCH higher. Otherwise, you should just hold your coin.
Use this calculator: http://www.danielsoper.com/fincalc/calc.aspx?id=37
Risk free rate can stay the same. Put the spot price (current price) as whatever it is (I used $4.79). Strike is $5. Time to maturity is 180 days. Volatility was entered as 85% (though should probably be higher, but 85% will provide a small discount to make the options attractive).
You really should use this calculator before making any options deals or you'll lose out. $.20/LTC fee isn't even fair for a 30 day option contract. The calculator spits out $.38/LTC for JUST 30 days!!! You must remember that you're taking significant risk (and potential loss of profit if the coin plummets) by making covered call sales, this is why the price should be MUCH higher. Otherwise, you should just hold your coin.
April 03, 2013, 12:56:27 PM
What about "6 month 1,000 ltc for $5 at $0.15 fee" ?
hmm maybe $0.25
Ok, lock it in.
6 month 1,000 ltc for $5 at $0.25 fee
Need a payment address or can I send via MtGoxUSD?
April 03, 2013, 12:33:03 PM
What about "6 month 1,000 ltc for $5 at $0.15 fee" ?
hmm maybe $0.25
April 03, 2013, 06:45:42 AM
What about "6 month 1,000 ltc for $5 at $0.15 fee" ?
April 03, 2013, 03:03:35 AM
Ok, Sent fee via LTC Transaction ID: ac68e7269bc7c8ecdd7513062349aea4bd7520e006629b658aae6d5c76eb189a and strike day would be July 1st 2013.
April 03, 2013, 02:28:44 AM
Ok the option got terms to post?
3 month 1,000 ltc for $5 at $0.10 fee
April 03, 2013, 02:26:32 AM
Ok the option got terms to post?
April 03, 2013, 02:16:46 AM
BTCe is lagging too badly so PMed the code to you here, that chat is going crazy. Still doing the other options?
Edit: Never heard from you so added it back to my account. Let me know when you are on PM me on btce so I see you are ready. Or just deduct it from the total and send them to me at the current rate at the time to my signature LTC address.
Edit: Never heard from you so added it back to my account. Let me know when you are on PM me on btce so I see you are ready. Or just deduct it from the total and send them to me at the current rate at the time to my signature LTC address.
price 3.80 so 460 ltc
5,000 - 460 = 4540 sent to LQ5v4mfYsk2uN3nseAnawSo7QEsUHCj3V1
April 02, 2013, 08:30:51 PM
BTCe is lagging too badly so PMed the code to you here, that chat is going crazy. Still doing the other options?
Edit: Never heard from you so added it back to my account. Let me know when you are on PM me on btce so I see you are ready. Or just deduct it from the total and send them to me at the current rate at the time to my signature LTC address.
Edit: Never heard from you so added it back to my account. Let me know when you are on PM me on btce so I see you are ready. Or just deduct it from the total and send them to me at the current rate at the time to my signature LTC address.
April 02, 2013, 08:27:23 PM
I am on btce atm, just hit me up on there. Same username and I will just give you a btce code for the 0.35 * 5000 = 1750.
April 02, 2013, 08:20:56 PM
Long as I dont have to hunt him down its all good 
are you ready to exercise.
i'll take bitstamp USD, btc-e USD, or btc in fact DWOLLA preferred payment for the LTC
April 02, 2013, 04:13:04 PM
If I hadn't sold, I'd have enough for 20 6-GPU mining rigs and could've stopped working! Even if difficulty only made profits down to $600/mo rig.
April 02, 2013, 12:44:00 PM
I have enough to buy the new house I was buying cash 
April 02, 2013, 12:31:42 PM
I don't think you will. He was pretty deep in LTC and had been building on reserves. I wonder how much he actually has cuz he could be rich as hell right now. :p
April 02, 2013, 12:26:03 PM
Long as I dont have to hunt him down its all good
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