OTC options trading for BTC/USD - page 2.

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

5 JUN

Code:

CALL			PUT	
Bid	Ask		Bid	Ask
		100	2.7	5.7
		105	3.8	7.8
		110	5.0	10.4
		115	6.4	13.4
8.8	18.2	120	8.1	16.8
7.4	15.4	125		
6.2	12.8	130		
5.1	10.7	135		
4.3	8.8	140

5 JUL

Code:

CALL			PUT	
Bid	Ask		Bid	Ask
		100	5.4	12.5
		105	6.6	15.4
		110	8.0	18.6
		115	9.5	22.2
11.9	27.9	120	11.1	26.0
10.7	25.0	125		
9.6	22.4	130		
8.6	20.0	135		
7.7	17.9	140

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

Quote from: bitdragon on June 04, 2013, 01:02:03 PM

Below is a simulation comparing your pricing with mpex.co arbitrarily on a particular call option July 140 using a price of 280 for the expiration.

I really don't know how to calculate MPEX prices in USD but according to my calculations is

JUL CALL 140

8.2 19.1 <- my price

6.05 68.97 <- his price

PS. Not sure what you mean by "price of 280 for the expiration", I did not post my quotes for 280 strike...

Depth will be there... right now it's in price discovery mode... I still don't know how volatility skew will look like...

BTW it's very strange nobody interested in trading options, even MPEX has no trades...

bitdragon

hero member

Activity: 609

Merit: 501

peace

Sorry for my typo above.
Below is a simulation comparing your pricing with mpex.co arbitrarily on a particular call option July 140 using a price of 280 for the expiration.
Is it correct?
The depth however is quite significant on MPEX.

I gather that all transactions with you can be done in BTC.

Code:

USD/BTC= 121

Andrew

Call July 140
19.1USD = 0.15785124 BTC


Mpex.co

Call 140 July
O.USD.C140N

0.47648084BTC

For the exercise price used at expiration: 280

280-140=140
140/280=0.5BTC

Andrew
(0.5-0.15785124)/0.15785124=2.1675

Mpex.co
(0.5-0.47648084)/0.4764808=0.049360142

Scott J

legendary

Activity: 1792

Merit: 1000

I think it's great that you are offering this service.

As soon as I am able to, I will take a closer look and may well buy some contracts

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

5 JUN

Code:

CALL			PUT	
Bid	Ask		Bid	Ask
		100	2.7	5.6
		105	3.7	7.6
		110	4.9	10.1
		115	6.3	13.0
		120	7.9	16.4
8.0	16.7	125	9.7	20.1
6.8	14.1	130		
5.7	11.8	135		
4.8	9.9	140

5 JUL

Code:

CALL			PUT	
Bid	Ask		Bid	Ask
		100	5.3	12.3
		105	6.5	15.1
		110	7.8	18.2
		115	9.3	21.7
		120	10.9	25.4
11.3	26.4	125	12.6	29.5
10.2	23.7	130		
9.1	21.3	135		
8.2	19.1	140

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

CALL JUN

Price	Bid	Ask
115	10.63	17.71
120	8.98	14.96
125	7.54	12.57
130	6.31	10.51
135	5.25	8.74
140	4.35	7.24
145	3.59	5.98

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

SELL 5 PUT JUN 115 @ 12

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

Quote from: 🏰 TradeFortress 🏰 on June 03, 2013, 02:26:00 AM

I was going to reply but I see you use Ripple.

If I trust somebody I can use Ripple with him.

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

Quote from: bitdragon on June 03, 2013, 02:22:25 AM

BUY 10 CALL JUL 200

You should state price if you want to buy... If you want just to get prices don't put BUY word

$10/$30 - $10 if you want sell it to me, $30 - if you want to buy it from me.

PS. It's total price for 10 contracts

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

I was going to reply but I see you use Ripple.

bitdragon

hero member

Activity: 609

Merit: 501

peace

BUY 10 CALL JUL 200

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

Quote from: ?? on ??

okay, once you get going, ill keep you in mind. thanks

10 btc is not really worth the effort for me.

It will depend on my exposure, I can scale up to 100 contracts time to time... Just watch the thread for updates. I will post my orders here.

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

Quote from: ?? on ??

Well, i might be interested if you do find someone who can be trusted.

Make proposition who suites you...

Quote from: ?? on ??

I am highly interested in 6 month to 1 year put options around $100 BTC. Maybe 1,000 or more BTC per option. Can you do this volume? Can you put cash in escrow?

No... it's too much for me right now... Come later when I will have enough investors. Right now I can handle up to 10 BTC contracts

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

Quote from: rini17 on June 02, 2013, 12:23:43 PM

Okay, say I want calls struck at 130 USD/BTC with expiry on June 28. What's the price?

Price is for 1 BTC contract $6.16/$10.26. Price is valid for 2 minutes.

rini17

sr. member

Activity: 340

Merit: 250

GO http://bitcointa.lk !!! My new nick: jurov

Okay, say I want calls struck at 130 USD/BTC with expiry on June 28. What's the price?

BTW, MPEx allows you to market make, thus solving the third party problem. Likewise, Bitfunder offers possibility to write options on FIAT.* assets. But no, you had to chose a boy that seems already freaked out from having too much responsibility over forum's donations....

Quote from: Andrew Vorobyov on June 02, 2013, 12:04:43 PM

Quote from: rini17 on June 02, 2013, 11:59:13 AM

Nice! Is the pricelist public?

There is no price list... it OTC (over the counter) - means you tell me what do you want to trade and I tell you bid/ask for it. After it you either take it or leave it.

Alternately, you can put you option position and price you willing to get/pay and I will take it or leave it.

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

Quote from: ?? on ??

Ideal trust no one. But Theymos has been involved in more than one scam and has abused his power. No one will but n00bs will trust this/him.

I think I missed a lot during last year... But I'm sure I will be able to find decent person to be third party

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

Quote from: El Cabron on June 02, 2013, 12:00:43 PM

Quote from: Andrew Vorobyov on June 02, 2013, 11:48:33 AM

3. Theymos will be the third party arbiter if any disputes arise.

Why not use someone who is trusted?

If Theymos is not trusted member than I don't know who is... Anyway, who are the candidates in your eyes?

Andrew Vorobyov

hero member

Activity: 558

Merit: 500

Quote from: rini17 on June 02, 2013, 11:59:13 AM

Nice! Is the pricelist public?

There is no price list... it OTC (over the counter) - means you tell me what do you want to trade and I tell you bid/ask for it. After it you either take it or leave it.

Alternately, you can put you option position and price you willing to get/pay and I will take it or leave it.

El Cabron

vip

Activity: 840

Merit: 1000

Quote from: Andrew Vorobyov on June 02, 2013, 11:48:33 AM

3. Theymos will be the third party arbiter if any disputes arise.

Why not use someone who is trusted?

rini17

sr. member

Activity: 340

Merit: 250

GO http://bitcointa.lk !!! My new nick: jurov

Nice! Is the pricelist public?

Topic: OTC options trading for BTC/USD - page 2. (Read 7856 times)