Author

Topic: BTC-TC options trading strangeness (Read 681 times)

legendary
Activity: 1038
Merit: 1000
Bitcoin entrepreneur and Pro Trader
May 10, 2013, 02:32:18 PM
#2
Probably people who don't know what are option and how they are used and are just playing with them. Or seller hoping that people who don't know what option are buy some of them for easy money
newbie
Activity: 28
Merit: 0
May 10, 2013, 02:09:44 PM
#1
Has anyone noticed how strangely these options are written on the BTC-TC exchange? For example, ASICMINER PT call # 214 is listed below-the-money + is expiring in five hours yet it still has a .105 BTC premium??? Who in there right mind would pay that premium/buy that and did whoever write it even know how to write options??? And the only ASICMINER PT put listed is a 60 strike (waaaaay out of the money) and the premium per share is .231 BTC??? Most of these options make absolutely no sense... Has anyone else noticed this?
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