Author

Topic: I'd like to buy CALL options on $4.5, two months from now (Read 1589 times)

full member
Activity: 238
Merit: 100
Let's say instead of a week I'd do it tomorrow. I agree, the market is too volatile for such a long time.
Any grabbers?

I already PMed you back but like I said I don't have paypal and it wouldn't  be ideal to use it on such a high purchase just too risky.
legendary
Activity: 1358
Merit: 1003
Ron Gross
Let's say instead of a week I'd do it tomorrow. I agree, the market is too volatile for such a long time.
Any grabbers?
pc
sr. member
Activity: 253
Merit: 250
Wow, not only do we need to predict the market itself in 2 months, we need to predict what the market will do over the next week while you consider bids? It might change quite a bit in that time.

Well, okay then. For a premium of 999 BTC, I offer to sell you 1000 BTC for $4500 anytime between now and July 8.

(No, this isn't meant to really be taken seriously, although I'm up for it if you are. The market is just so volatile that the idea of giving options seems like it'd have to be ridiculously expensive. I can see why people would want to hold options to manage the risk, but I can't imagine who would be willing to buy the risk for them unless they just love to gamble.)
full member
Activity: 238
Merit: 100
My offer for 1.00 or .35 BTC is still valid Smiley
donator
Activity: 826
Merit: 1060
LOL, someone just traded for $4.15 at MtGox.

I also withdraw the $0.85 quote that I sent by PM.
full member
Activity: 238
Merit: 100
Demonofelru is just shy because I totally skinned him on a call option not too long ago---and he should be, because I'm worried about getting skinned too!

I won't do 1000, but I'll do 100 at a 0.45 premium (so $45). I have the bitcoins now and can put them in escrow if you like. This is my true valuation---my expected profit/loss from this deal is just about 0---so you won't get a better offer from me unless the market changes.

At least my puts look safe for now Smiley
full member
Activity: 238
Merit: 100
My offer is withdrawn.

ROFL my offer is now 1.00 or .35 BTC.
legendary
Activity: 1658
Merit: 1001
full member
Activity: 140
Merit: 101
My offer is withdrawn.
full member
Activity: 140
Merit: 101
Demonofelru is just shy because I totally skinned him on a call option not too long ago---and he should be, because I'm worried about getting skinned too!

I won't do 1000, but I'll do 100 at a 0.45 premium (so $45). I have the bitcoins now and can put them in escrow if you like. This is my true valuation---my expected profit/loss from this deal is just about 0---so you won't get a better offer from me unless the market changes.
full member
Activity: 238
Merit: 100
I'd be willing to do it but due to how extremely volatile it is you might not like the terms.  I'd want a premium of .50 or .16 BTC.
legendary
Activity: 1358
Merit: 1003
Ron Gross
Target date: July 8th.
What's you're selling: the promise to sell me up to 1000 BTC at the target date or before (American style), at the price of $4500. (You can promise a smaller amount as well if you don't want to risk as much). At any time between now and the target date, I can choose to redeem any part of this sum.
Premium: Name your premium and we'll see if it's attractive enough (either in BTC is USD).
All USD currencies are Mt. Gox

We might use ClearCoin as Escrow, depending on who the seller is.

Let the bidding begin (private messages or public, as you wish).

I plan on choosing one of the bids in the next 3-7 days (depending on the number of bids), so whatever bid you make should be made until May 6th.
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