FWIW, if you are confused about options trading I don't mind helping anyone who has questions with a few examples. A great way to get into options trading is with small premiums on in-the-money covered calls. For example, I just wrote this on BitFunder:
0.70 BTC 50 0.080 BTC Yes 2013-04-10 00:00:05
At an ask of .772 this represents a premium of 0.008 (~1%) per share. This is how I write options, I try to compete on price. Compare:
(Premium of 3.6%) 0.760 BTC 20 0.040 BTC Yes 2013-04-16 05:50:21
(Premium of 4.3%) 0.770 BTC 20 0.0350 BTC Yes 2013-04-16 05:50:47
(Premium of 4.9%) 0.780 BTC 20 0.030 BTC Yes 2013-04-16 05:51:24
(Premium of 5.6%) 0.790 BTC 20 0.0250 BTC Yes 2013-04-16 05:51:48
Topic: [April 2013] Unified Options Trading Order Requests (Read 672 times)
(For BitFunder and BTC-TC/litecoinglobal traders only.)
Writing puts and calls ties up capital so I'd like to create a thread for people who are interested in options trading.
Please post the symbol you are interested in along with whether or not you are interested in buying a PUT or a CALL. Please don't post amounts and prices. Please allow the option writers to compete to give you the best price. That will be all. Enjoy!
Writing puts and calls ties up capital so I'd like to create a thread for people who are interested in options trading.
Please post the symbol you are interested in along with whether or not you are interested in buying a PUT or a CALL. Please don't post amounts and prices. Please allow the option writers to compete to give you the best price. That will be all. Enjoy!
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