Topic: Offer BTC Options (Read 3502 times)
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op updated
update
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I started to offer put options yesterday and didnt sell one so far while two call options has been sold so far... does this answer your "How is it working out so far?"
Check the op to check my liquidity. I always limit the amount I want to "risk" by the amount of BTC i sell as option so I can pay out in all cases .
Check the op to check my liquidity. I always limit the amount I want to "risk" by the amount of BTC i sell as option so I can pay out in all cases .
How is it working out so far?
How can you trust people to offer such options?
How can you trust people to offer such options?
due to the replies here and some PMs I offer some put options too.
due to the replies here and some PMs I offer some put options too.
op updated, 10 more BTC available
Then I would buy some of my options myself 
Can I do $110 for 30 days for 0.5 BTC, with a $5 fee (because of the small amount)?
Sorry, but the fee doesnt scale at all with the amount... and for negotiation the fee (I guess you meant $5 per BTC) is far too small and away from my initial offer of $20 per BTC. You have to understand that I will have to cover the call option with BTC. So if the BTC price drops by more than $5, then I end up with a USD loss. In the last 30 days the price has gone down from ~$130 to now $95, so I guess everyone buying a call option for just $20 /$25 has a good chance to make some nice profit with this deal while I still have a good risk to lose USD if the price drops by another $35...
Can you help me understand what the options are in-depth?
Im not sure how to explain them better than already done in here by DeathAndTaxes for example:
can you explain what those options mean?(sorry for being a noob)
[For a call options $135 strike @ $30 fee 3 months, max 10 BTC] it means you can pay $30 per BTC and have the right but not obligation to purchase 1 BTC @ $135 anytime in the next three months. Obviously since you are paying a $30 premium your break even point is $165. If you believe that BTC exchange rate will exceed $165 in the next three months you would profit.
If you want something more detailed you can check out wikipedia:
The call option I offer is described in here: http://en.wikipedia.org/wiki/Call_option
The counterpart of a call option, the put option: http://en.wikipedia.org/wiki/Put_option
Can I do $110 for 30 days for 0.5 BTC, with a $5 fee (because of the small amount)?
Sorry, but the fee doesnt scale at all with the amount... and for negotiation the fee (I guess you meant $5 per BTC) is far too small and away from my initial offer of $20 per BTC. You have to understand that I will have to cover the call option with BTC. So if the BTC price drops by more than $5, then I end up with a USD loss. In the last 30 days the price has gone down from ~$130 to now $95, so I guess everyone buying a call option for just $20 /$25 has a good chance to make some nice profit with this deal while I still have a good risk to lose USD if the price drops by another $35...
Can you help me understand what the options are in-depth?
Im not sure how to explain them better than already done in here by DeathAndTaxes for example:
can you explain what those options mean?(sorry for being a noob)
[For a call options $135 strike @ $30 fee 3 months, max 10 BTC] it means you can pay $30 per BTC and have the right but not obligation to purchase 1 BTC @ $135 anytime in the next three months. Obviously since you are paying a $30 premium your break even point is $165. If you believe that BTC exchange rate will exceed $165 in the next three months you would profit.
If you want something more detailed you can check out wikipedia:
The call option I offer is described in here: http://en.wikipedia.org/wiki/Call_option
The counterpart of a call option, the put option: http://en.wikipedia.org/wiki/Put_option
Can you help me understand what the options are in-depth?
I am trying to wrap my head around it.. Thanks in advance!
I am trying to wrap my head around it.. Thanks in advance!
Can I do $110 for 30 days for 0.5 BTC, with a $5 fee (because of the small amount)?
bump with new options
are you offering put options | only one way is more just selling BTC | lol have huge buyer here...thanks
I only understood "are you offering put options". Dont know what the middle part should mean.
No Im not offering put options. I dont have a cheap way to short BTC so the fee would be so high that it would be unattractive for you to buy them.
If your buyer wants some put options and hold right now some BTC, tell him to sell his BTC and buy call options. In case the price drops enough he made a nice profit because he sold his btc earlier high. In case the price rises enough he makes a nice profit with the call options.
And just to mention, I dont have the funds to "satisfy" a huge buyers demand.
are you offering put options only one way is more just selling BTC lol have huge buyer here...thanks
Good luck with it.
still 5 available
hm looks like the market for options is pretty thin or maybe they just dont find my thread... noone interested?
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