I'm aware that not everyone is cognizant with what options trading is, so here's a simple definition from the SEC: "Options are contracts giving the purchaser the right to buy or sell a security, such as stocks, at a fixed price within a specific period of time. Stock options are traded on a number of exchanges."
Everything trades in options nowadays; gold, silver, wood, copper, cows, coal, cotton, stocks, YOU name it and it has options. Does bitcoin have options? Unfortunately the answer is no. There are many people out there who may have longterm bullish views on bitcoin, but aren't ready to take on short term volatility. If serious investors are given the chance to partake in bitcoin in a designated time period, they're more likely to do so.
So what can we do? Petition the CBOE (Worlds largest option exchange) to allow for options w/bitcoin. I know many people here aren't aware of how options work, but you must trust me on this on. It's absolutely HUGE. CBOE has nothing to lose from this, they'll just have another avenue of potential revenue.
Call their investors relations Mon-Fri and advise that they would be better off if they took on bitcoin.
Inside the US (Mon-Friday 9am-7pm) - (866) 301-8223
Outside the US(Mon-Friday) - (201) 680-6578
Lets go to Pluto people, lets get options trading for bitcoin!
We need altcoin options!
Shorting Auroracoin at .1 BTC ....
:D:D:D