BitShares Forum

Main => General Discussion => Topic started by: optionswallet on July 05, 2019, 10:15:50 am

Title: OPTIONS. Liquidity in each trading pair increase to 200 000 BTS
Post by: optionswallet on July 05, 2019, 10:15:50 am
This forum thread is intended for publishing news and information on options issued by an account -- options-wallet

July 2019
Call Option - OPTIONS.J19CALL
Strike Price - 0.75 BTS/CNY
Date of expiration - 20 july 2019 17:00:00 UTC.

Technical information :
This option will cost 1 BTS if the price of BTS will be more than 0.75 CNY. This option will cost 0 BTS if the price of BTS will be less than 0.75 CNY


Risks:
This option has two types of risk.
- Investment. It completely depends on the buyer and seller of the option, as well as on the current market situation.
Please familiarize yourself with the principles of option trading before making exchange transactions.

- Operational. The issuer of the option may provide an incorrect feed (0 or 1) on the expiration date, or not provide a feed (in case of loss of control over the account or for other reasons).



Example

You bought an option OPTIONS.J19CALL  July 1, 2019 at the current market price of 0.17 BTS / CNY in the amount of 100 000

Your costs are 100,000 OPTIONS.J19CALL * 0.17 BTS = 17 000 BTS
If July 20, 2019 BTS price is equal to or higher than 0.75 CNY, then the cost of the option  is 1BTS
In this case, your income is 100 000 OPTIONS.J19CALL * 1BTS - 17 000 BTS = 83 000 BTS
Profitability of the transaction 100 000 BTS / 17 000 BTS = 588%

or

Your costs are 100,000 * 0.17 BTS = 17 000 BTS
If July 20, 2019 the price of BTS is less than 0.75 CNY, then the cost of the option - 0 BTS
In this case, your loss is 17 000 BTS.

You can also take an option in debt, like any other smart asset, and sell it at the market price.
In this case, you assume that by the expiration day the option will not go out in money, and you have the opposite trading position as in the example above.
Title: Re: Options. News and Information
Post by: bitstopia2049 on July 06, 2019, 01:23:21 am
This forum thread is intended for publishing news and information on options issued by an account -- options-wallet

I think this is mixed up because you flipped the price

Strike Price - 0.75 BTS/CNY    ( ==  1.33 cny /bts)

"If July 20, 2019 BTS price is equal to or higher than 0.75 CNY, then the cost of the option  is 1BTS"


Isn't this just a prediction market UIA  ?             

If BTS price is > X   on date Y  then token  = 1 BTS  if not then token = 0        Issuer = Short position.....Buyer = Long position

Options are either CALL or PUT...

Title: Re: Options. News and Information
Post by: optionswallet on July 18, 2019, 05:16:29 pm
NEW OPTION LAUNCHED

August 2019
PUT Option - OPTIONS.19AU025P
Strike Price - 0.25 BTS/CNY
Date of expiration - 20 august 2019 17:00:00 UTC.

Technical information :
This option will cost 1 BTS if the price of BTS will be less than 0.25 CNY. This option will cost 0 BTS if the price of BTS will be more than 0.25 CNY


Risks:
This option has two types of risk.
- Investment. It completely depends on the buyer and seller of the option, as well as on the current market situation.
Please familiarize yourself with the principles of option trading before making exchange transactions.

- Operational. The issuer of the option may provide an incorrect feed (0 or 1) on the expiration date, or not provide a feed (in case of loss of control over the account or for other reasons).
Title: Re: Options. News and Information
Post by: optionswallet on July 20, 2019, 04:03:59 pm
Option OPTIONS.J19CALL is over.
Option out of money.
OPTIONS.J19CALL/BTS market closed.
Title: Re: Options. News and Information
Post by: Thul3 on July 20, 2019, 06:22:20 pm
Would be nice if you could write the strike price correct because you are posting them always wrong
Title: Re: Options. News and Information
Post by: JohnR on July 28, 2019, 08:28:49 am
Is this a prediction market and what feeds have you organized to date?

Interesting tool if this gets working. Useful tool.
Title: Re: Options. News and Information
Post by: optionswallet on August 20, 2019, 07:33:03 am
NEW OPTION LAUNCHED

September 2019
CALL Option - OPTIONS.19SE050C
Strike Price - 0.50 BTS/CNY
Date of expiration - 20 september 2019 17:00:00 UTC.

Technical information :
This option will cost 1 BTS if the price of BTS will be more than 0.50 CNY. This option will cost 0 BTS if the price of BTS will be less than 0.50 CNY


Risks:
This option has two types of risk.
- Investment. It completely depends on the buyer and seller of the option, as well as on the current market situation.
Please familiarize yourself with the principles of option trading before making exchange transactions.

- Operational. The issuer of the option may provide an incorrect feed (0 or 1) on the expiration date, or not provide a feed (in case of loss of control over the account or for other reasons).
Title: Re: Options. News and Information
Post by: optionswallet on August 20, 2019, 07:40:45 am
Technical information :

OPTIONS.19SE050C
19 - year (2019)
SE - month (September)
050 - strike price (0.50 BTS/CNY)
C - option's type  (Call)
Title: Re: Options. News and Information
Post by: sschiessl on August 20, 2019, 08:08:39 am
Please let me know if you are interested in bring recognized as a default issuer for the upcoming prediction market UI!
Title: Re: Options. News and Information
Post by: optionswallet on August 20, 2019, 05:32:18 pm
Option OPTIONS.19AU025P is over.
Option out of money.
OPTIONS.19AU025P/BTS market closed.
Title: Re: Options. News and Information
Post by: optionswallet on September 11, 2019, 04:25:16 pm
September –°all option OPTIONS.19SE050C  with strike 0.50 BTS/CNY ends after 9 days....
Title: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
Post by: optionswallet on September 20, 2019, 04:34:44 pm
NEW OPTION LAUNCHED

October 2019
Put Option - OPTIONS.19OC020P
Strike Price - 0.20 BTS/CNY
Date of expiration - 20 october 2019 17:00:00 UTC.

Technical information :
This option will cost 1 BTS if the price of BTS will be less than 0.20 CNY. This option will cost 0 BTS if the price of BTS will be more than 0.20 CNY


Risks:
This option has two types of risk.
- Investment. It completely depends on the buyer and seller of the option, as well as on the current market situation.
Please familiarize yourself with the principles of option trading before making exchange transactions.

- Operational. The issuer of the option may provide an incorrect feed (0 or 1) on the expiration date, or not provide a feed (in case of loss of control over the account or for other reasons).
Title: Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
Post by: bitcrab on September 21, 2019, 07:18:02 am
NEW OPTION LAUNCHED

October 2019
Put Option - OPTIONS.19OC020P
Strike Price - 0.20 BTS/CNY
Date of expiration - 20 october 2019 17:00:00 UTC.

Technical information :
This option will cost 1 BTS if the price of BTS will be less than 0.20 CNY. This option will cost 0 BTS if the price of BTS will be more than 0.20 CNY


Risks:
This option has two types of risk.
- Investment. It completely depends on the buyer and seller of the option, as well as on the current market situation.
Please familiarize yourself with the principles of option trading before making exchange transactions.

- Operational. The issuer of the option may provide an incorrect feed (0 or 1) on the expiration date, or not provide a feed (in case of loss of control over the account or for other reasons).

how the price is (will be) fed?
Title: Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
Post by: optionswallet on September 21, 2019, 08:55:31 pm
October 20 2019 after 17-00 UTC I will make a global settling at the price of 1, if the option will be in money or at the price of 0, if out of money. Also trading in this option, after the specified date, will be stopped.
Title: Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
Post by: optionswallet on September 21, 2019, 09:05:01 pm
September option OPTIONS.19SE050C is over.
Option out of money.
OPTIONS.19SE050C/BTS market closed.

NEW OPTION LAUNCHED -  OPTIONS.19OC020P
Title: Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
Post by: JohnR on September 26, 2019, 02:25:46 am
NEW OPTION LAUNCHED

October 2019
Put Option - OPTIONS.19OC020P
Strike Price - 0.20 BTS/CNY
Date of expiration - 20 october 2019 17:00:00 UTC.

Technical information :
This option will cost 1 BTS if the price of BTS will be less than 0.20 CNY. This option will cost 0 BTS if the price of BTS will be more than 0.20 CNY


Risks:
This option has two types of risk.
- Investment. It completely depends on the buyer and seller of the option, as well as on the current market situation.
Please familiarize yourself with the principles of option trading before making exchange transactions.

- Operational. The issuer of the option may provide an incorrect feed (0 or 1) on the expiration date, or not provide a feed (in case of loss of control over the account or for other reasons).

how the price is (will be) fed?

This OP is offering a useful service (option contracts) in a centralized commercial way (more power to him).

Bitcrab you clearly recognize the potential to feed in distributed feeds to mimic the same operation in a more decentralized way. This would be useful for long term project management on BTS.
Title: Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
Post by: optionswallet on October 13, 2019, 06:26:34 am
October Put option OPTIONS.19OC020P  with strike 0.20 BTS/CNY ends after 7 days....
Title: Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
Post by: iamredbar on October 20, 2019, 04:25:55 pm
Isn't this the account that was linked to the stolen BitShares last year sometime? Or am I mistaking this?
Title: Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
Post by: optionswallet on October 20, 2019, 05:22:29 pm
October option OPTIONS.19OC020P is over.
Option out of money.
The confirmation -  BLOCK #41997031    https://cryptofresh.com/b/41997031
BTS market closed.
Title: Re: October option OPTIONS.19OC020P is over. Option out of money.
Post by: optionswallet on October 20, 2019, 06:00:06 pm
NEW OPTION LAUNCHED

November 2019
CALL Option - OPTIONS.19NO025C
Strike Price - 0.25 BTS/CNY
Date of expiration - 20 November 2019 17:00:00 UTC.


Technical information :
This option will cost 1 BTS if the price of BTS will be more than 0.25 CNY. This option will cost 0 BTS if the price of BTS will be less than 0.25 CNY
Market fee - 0.99%
Title: Re: November Call option OPTIONS.19NO025C strike 0.25 BTS/CNY ends after 5 days...
Post by: optionswallet on November 15, 2019, 06:44:56 pm
November Call option OPTIONS.19NO025C  with strike 0.25 BTS/CNY ends after 5 days....
Title: Re: November Call option OPTIONS.19NO025C strike 0.25 BTS/CNY ends after 5 days...
Post by: optionswallet on November 19, 2019, 06:03:50 pm
Tomorrow will be launch two options. Put and Call
OPTIONS.19DE030C - call option with strike 0.30 BTS/CNY. Expiration's day - 20 December 2019 17-00 UTC
and
OPTIONS.19DE020P - put option with strike 0.20 BTS/CNY. Expiration's day - 20 December 2019 17-00 UTC
Title: Re: November Call option OPTIONS.19NO025C strike 0.25 BTS/CNY ends after 5 days...
Post by: sschiessl on November 19, 2019, 09:39:50 pm
Tomorrow will be launch two options. Put and Call
OPTIONS.19DE030C - call option with strike 0.30 BTS/CNY. Expiration's day - 20 December 2019 17-00 UTC
and
OPTIONS.19DE020P - put option with strike 0.20 BTS/CNY. Expiration's day - 20 December 2019 17-00 UTC

You could reach a lot more audience with upcoming UI rekease
Title: Re: Tomorrow will be launch two options. Put and Call
Post by: optionswallet on November 20, 2019, 06:01:20 pm
Option OPTIONS.19NO025C is over.
Option is out of money.
Title: Re: November option OPTIONS.19NO025C is over. Option is out of money.
Post by: optionswallet on November 20, 2019, 06:07:29 pm
New options launched:
December 2019


CALL Option

OPTIONS.19DE030C

Strike Price - 0.30 BTS/CNY
Date of expiration - 20 Dcember 2019 17:00:00 UTC.

Technical information :
This option will cost 1 BTS if the price of BTS will be more than 0.30 CNY. This option will cost 0 BTS if the price of BTS will be less than 0.30 CNY
Market fee - 0.99%

PUT Option
OPTIONS.19DE020P

Strike Price - 0.20 BTS/CNY
Date of expiration - 20 Dcember 2019 17:00:00 UTC.

Technical information :
This option will cost 1 BTS if the price of BTS will be less than 0.20 CNY. This option will cost 0 BTS if the price of BTS will be more than 0.20 CNY
Market fee - 0.99%
Title: Re: New options lunched: December 2019
Post by: optionswallet on November 25, 2019, 01:12:28 pm
Notification:

Dear users,
option contracts issued by the account options-wallet
OPTIONS.19DE020P
OPTIONS.19DE030C

are option contracts to BTS/CNY trading pair
and are not related to the cost of BTS on central exchanges or to the cost of BTS in the BTS / GDEX.USDT or other.
Please take this into account.
Title: Re: New option contracts launched: December 2019
Post by: optionswallet on December 05, 2019, 06:58:47 am
December 20, 2019 new option contracts will be lunched for trading pairs GDEX.USDT/BTS and GDEX.BTC/BTS
CALL option for GDEX.USDT/BTS
PUT option for GDEX.BTC/BTS
Technical details of contracts will be announced December 20, 2019
Title: Re: New option contracts will be lunched for pairs GDEX.USDT/BTS and GDEX.BTC/BTS
Post by: optionswallet on December 18, 2019, 12:23:58 pm
New Option contracts Launched. January 2020.

PUT Option - OPTIONS.20JAGB3P
GDEX.BTC/BTS
Strike price - 300 000 GDEX.BTC/BTS
Date of expiration - 20 January 2020 17:00:00 GMT
Technical information:
 This option will cost 1 BTS if the price of GDEX.BTC will be less than 300 000 BTS, This option will cost 0 BTS if the price of GDEX.BTC will be more or equal than 300 000 BTS.
 (the price will be determined by the first block starting from 17:00:00 GMT, 20 January 2020, in which a transaction will take place for a pair of GDEX.BTC/BTS in the amount of at least 1BTS)


CALL Option  -  OPTIONS.20JAGU5C
BTS/GDEX.USDT
Strike price - 0.05 BTS/GDEX.USDT
 Date of expiration - 20 January 2020 17:00:00 GMT
 Technical information:
This option will be cost 1 BTS if the price of BTS will be more than 0.05 GDEX.USDT, This option will be cost 0 BTS if the price of BTS will be less or equal than 0.05 GDEX.USDT.
 (the price will be determined by the first block starting from 17:00:00 GMT, 20 january 2020, in which a transaction will take place for a pair of BTS/GDEX.USDT in the amount of at least 1BTS)


CALL Option  -  OPTIONS.20JACN3C
BTS/bitCNY
 Strike price - 0.30 BTS/bitCNY
 Date of expiration - 20 january 2020 17:00:00 GMT
Technical information: - This option will cost 1 BTS if the price of BTS will be more than 0.30 bitCNY, This option will cost 0 BTS if the price of BTS will be less or equal than 0.30 bitCNY.
 (the price will be determined by the first block starting from 17:00:00 GMT, 20 january 2020, in which a transaction will take place for a pair of BTS/bitCNY in the amount of at least 1BTS)


More definition
OPTIONS.20JAGB3P
OPTIONS - common name
20  -  2020 year
JA  -  January
GB  -  GDEX.BTC
3  -  strike price 300 000 GDEX.BTC/BTS
P - Put option

Risks:
This option has two types of risk.
- Investment. It completely depends on the buyer and seller of the option, as well as on the current market situation.
Please familiarize yourself with the principles of option trading before making exchange transactions.
- Operational. The issuer of the option may provide an incorrect feed (0 or 1) on the expiration date, or not provide a feed (in case of loss of control over the account or for other reasons).
Title: Re: New Option contracts Launched. January 2020. GDEX.BTC/BTS, GDEX.USDT/BTS, bitCNY
Post by: sschiessl on December 18, 2019, 01:28:10 pm
<insert what I said previously> :)
Title: Re: New Option contracts Launched. January 2020. GDEX.BTC/BTS, GDEX.USDT/BTS, bitCNY
Post by: optionswallet on December 20, 2019, 05:16:56 pm
December option contracts is over.
OPTIONS.19DE020P
OPTIONS.19DE030C

Option contracts is out of money.
BTS markets closed.
 
Title: Re: New Option contracts Launched. January 2020. GDEX.BTC/BTS, GDEX.USDT/BTS, bitCNY
Post by: optionswallet on January 02, 2020, 04:06:57 pm
Option contracts for  trading pair BTS/bitEUR  will be launched January 20
Title: Re: Option contracts for trading pair BTS/bitEUR will be launched January 20
Post by: optionswallet on January 11, 2020, 01:04:13 pm
Dear community
20 January 2020 will be launched Apple stock option contracts.
Title: Re: Apple stock option contracts will be launched in January
Post by: optionswallet on January 18, 2020, 04:19:55 pm
New option contract launched:
February 2020

CALL Option
OPTIONS.20FECN3C

Strike Price - 0.30 BTS/CNY
Date of expiration - 20 February 2020 17:00:00 GMT.

Technical information :
This option will cost 1 BTS if the price of BTS will be more than 0.30 CNY. This option will cost 0 BTS if the price of BTS will be less than 0.30 CNY
Market fee - 0.99%

More definition
OPTIONS.20FECN3C
OPTIONS - common name
20  -  2020 year
FE  -  February
CN  -  bitCNY
3  -  strike price 0.30 BTS/CNY
C - Call option

Risks:
This option has two types of risk.
- Investment. It completely depends on the buyer and seller of the option, as well as on the current market situation.
Please familiarize yourself with the principles of option trading before making exchange transactions.
- Operational. The issuer of the option may provide an incorrect feed (0 or 1) on the expiration date, or not provide a feed (in case of loss of control over the account or for other reasons).

This month will be launched just one option contract OPTIONS.20FECN3C, due to the economic inexpediency of launching more
Title: Re: New option contract launched: February 2020. CALL Option. OPTIONS.20FECN3C
Post by: optionswallet on January 20, 2020, 05:56:29 pm
January 2020 option contracts is over.
OPTIONS.20JACN3C
OPTIONS.20JAGB3P
OPTIONS.20JAGU5C

Option contracts is out of money.
BTS markets closed.
Title: Re: New option contract launched: February 2020. CALL Option. OPTIONS.20FECN3C
Post by: optionswallet on February 02, 2020, 11:35:05 am
This month will be launched 1-year call option contract  for trading pair BTS/bitUSD with Strike price 1 USD.
 Date of expiration - 10 January 2021  17:00:00 GMT
Title: Re: New option contract launched: February 2020. CALL Option. OPTIONS.20FECN3C
Post by: binggo on February 17, 2020, 11:39:31 am
This month will be launched 1-year call option contract  for trading pair BTS/bitUSD with Strike price 1 USD.
 Date of expiration - 10 January 2021  17:00:00 GMT

GOT IT.
Title: Re: 1-year call option contract for trading pair BTS/bitUSD with Strike price 1 USD
Post by: optionswallet on February 20, 2020, 05:09:39 pm
Option contract OPTIONS.20FECN3C is over. Option is out of money.
Title: 1-year call option contract launched. Strike price 1 USD
Post by: optionswallet on February 20, 2020, 05:36:03 pm
New option contract launched:
January 2021

CALL Option
OPTIONS.21JA1USD
Strike Price - 1 BTS/bitUSD
Date of expiration - 20 January 2021 17:00:00 GMT.

Technical information :
This option will cost 1 BTS if the price of BTS will be more or equal than 1 BTS/bitUSD. This option will cost 0 BTS if the price of BTS will be less than 1 BTS/bitUSD
Market fee - 0.99%

More definition
OPTIONS.21JA1USD
OPTIONS - common name
21  -  2021 year
JA  -  January
USD  -  bitUSD
1  -  strike price 1 BTS/bitUSD
Title: Re: 1-year call option contract launched. Strike price 1 USD
Post by: optionswallet on April 05, 2020, 01:15:19 pm
Do not believe that BTS will cost 1 USD by the end of the year
 - sell the option and earn good profit

New option contract launched:
January 2021
OPTIONS.21JA1USD
Title: Re: 1-year call option contract launched. Strike price 1 USD
Post by: optionswallet on May 05, 2020, 08:31:50 am
If you keep your savings in bitCNY or bitUSD - you can buy an option OPTIONS.21JA1USD and hedge the risks of lost profits, in case of an increase in the value of BTS
Title: Re: buy an option OPTIONS.21JA1USD and hedge the risks of lost profits
Post by: optionswallet on May 13, 2020, 11:06:32 am
New  Put option contract launched.
OPTIONS.20SE1BTC

PUT Option  for trading pair GDEX.BTC /BTS  ****
Strike price - 100 000 GDEX.BTC /BTS ^ (1000 Satoshi / 1 BTS )*****
Date of expiration - 20.09.2020 17:00:00 GMT *****
This option will cost 1 BTS if the price of GDEX.BTC will be less or equal than 100 000 BTS. **** This option will cost 0 BTS if the price of GDEX.BTC will be more than 100 000 BTS ****
Market fee - 0.99% *******
(the price will be determined by the first block starting from 17:00:00 GMT, 20 september 2020, in which a transaction will take place for a pair of BTS/GDEX.BTC in the amount of at least 1BTS)


Thee are 2 available option contracts now:

CALL Option
OPTIONS.21JA1USD
Strike Price - 1 BTS/bitUSD
Date of expiration - 20 January 2021 17:00:00 GMT.

Put Option
OPTIONS.20SE1BTC
Strike price - 100 000 GDEX.BTC/BTS
Date of expiration - 20 September 2020   17:00:00 GMT.
Title: Re: New Put option contract launched OPTIONS.20SE1BTC for GDEX.BTC/BTS
Post by: binggo on May 13, 2020, 11:33:18 am
 :)
Title: Re: Prediction Market: put OPTIONS.20SE1BTC and call OPTIONS.21JA1USD
Post by: optionswallet on June 05, 2020, 05:28:08 am
How can I trust assets not issued by the committee?
I think a good solution is not to risk more than 2% of your capital in one transaction.
Title: Re: Prediction Market: put OPTIONS.20SE1BTC and call OPTIONS.21JA1USD
Post by: optionswallet on June 10, 2020, 12:15:23 pm
Thee are 2 available option contracts now:

CALL Option
OPTIONS.21JA1USD
Strike Price - 1 BTS/bitUSD
Date of expiration - 20 January 2021 17:00:00 GMT.

Put Option
OPTIONS.20SE1BTC
Strike price - 100 000 GDEX.BTC/BTS
Date of expiration - 20 September 2020   17:00:00 GMT.


In each trading pair, liquidity is provided in the equivalent of 30,000 BTS for BUY and 30,000 BTS for SELL
Title: Prediction Market: New PUT option BTS/bitEUR.
Post by: optionswallet on June 15, 2020, 08:29:38 am
Soon I plan to launch Put option contract for the BTS/bitEUR traiding pair.
Strike price approximately 0.01 BTS/bitEUR
It will provide an opportunity to hedge risks of BTS down prices
Title: Re: Prediction Market: New PUT option BTS/bitEUR.
Post by: optionswallet on June 19, 2020, 06:54:55 pm
Just thinking about gateways and options.
 If you run the option that one of the gateways will become a scam, for example, as it recently happened with the openledger.
Take for example the asset Honest.cny. I have absolutely nothing against the Honest  and their assets. So simple as an example to make it more visual. So, if you launch the option that such or any other gateway, and with it their asset, let it be honest.cny will become a scam for example within a year.
Then you, possessing for example 100,000 honest.cny, can buy the option for 1% of the face value and hedge your risk for a year from the loss of 100,000 cny in premiums. You ask why for 1%. Obviously, if an honest.cny asset is not going to become a scam, then its owner, absolutely without risk to himself (here I note that this is only an investment risk), can sell you such an option for 1%, showing that the honest.cny asset is stronger the rocks.

In other words, we will receive the same decentralization only in the traditional way. Or another option is possible, if only a year ago there was an option that the openledger would become a scam, but the openledger himself did not offer you to buy an option for 1%. Would it make you think that open.btc is not as reliable as Ronnie's calm face speaks of this?
 I will leave aside again that here it is necessary to consider the reliability of the option itself. But still. The development of such tools seems to make sense.
Title: Re: Just thinking about honest.asset and options
Post by: binggo on June 19, 2020, 11:57:48 pm
A insurance, very interesting.
Title: Re: Prediction Market: Option Contracts
Post by: optionswallet on June 24, 2020, 08:42:47 am
New PUT option contract launched:
November 2020

Put Option
OPTIONS.20NO2EUR

Strike price - 0.02 bitEUR
Date of expiration - 20.11.2020 17:00:00 GMT

This option will cost 1 BTS if the price of BTS will be less or equal than 0.02 bitEUR. ****
This option will cost 0 BTS if the price of BTS will be more than 0.02 bitEUR ****
Market fee - 0.99% *******
(the price will be determined by the first block starting from 17:00:00 GMT, 20 November 2020, in which a transaction will take place for a pair of BTS/bitEUR in the amount of at least 1BTS)


More definition
OPTIONS.20NO2EUR
OPTIONS - common name
20  -  2020 year
NO  -  November
EUR  -  bitEUR
2  -  strike price 0.02 BTS/bitEUR
Title: Re: New PUT option launched: OPTIONS.20NO2EUR. Strike price - 0.02 bitEUR
Post by: optionswallet on June 28, 2020, 05:36:40 pm
There are 3 available option contracts now:

Put Option
OPTIONS.20NO2EUR
Strike price - 0.02 bitEUR
Date of expiration - 20 November 2020 17:00:00 GMT

CALL Option
OPTIONS.21JA1USD
Strike Price - 1 BTS/bitUSD
Date of expiration - 20 January 2021 17:00:00 GMT.

Put Option
OPTIONS.20SE1BTC
Strike price - 100 000 GDEX.BTC/BTS
Date of expiration - 20 September 2020   17:00:00 GMT.


In each trading pair, liquidity is provided in the equivalent of 30,000 BTS for BUY and 30,000 BTS for SELL
Title: Re: New PUT option launched: OPTIONS.20NO2EUR. Strike price - 0.02 bitEUR
Post by: optionswallet on July 08, 2020, 04:19:30 pm
Don't forget that you have an opportunity of Prediction Market Trading. There are 3 available assets:
OPTIONS.21JA1USD
OPTIONS.20SE1BTC
OPTIONS.20NO2EUR
Title: Re: Prediction Market: New PUT option BTS/bitEUR.
Post by: chigbolu on July 26, 2020, 01:23:34 pm
Just thinking about gateways and options.
 If you run the option that one of the gateways will become a scam, for example, as it recently happened with the openledger.
Take for example the asset Honest.cny. I have absolutely nothing against the Honest  and their assets. So simple as an example to make it more visual. So, if you launch the option that such or any other gateway, and with it their asset, let it be honest.cny will become a scam for example within a year.
Then you, possessing for example 100,000 honest.cny, can buy the option for 1% of the face value and hedge your risk for a year from the loss of 100,000 cny in premiums. You ask why for 1%. Obviously, if an honest.cny asset is not going to become a scam, then its owner, absolutely without risk to himself (here I note that this is only an investment risk), can sell you such an option for 1%, showing that the honest.cny asset is stronger the rocks.

In other words, we will receive the same decentralization only in the traditional way. Or another option is possible, if only a year ago there was an option that the openledger would become a scam, but the openledger himself did not offer you to buy an option for 1%. Would it make you think that open.btc is not as reliable as Ronnie's calm face speaks of this?
 I will leave aside again that here it is necessary to consider the reliability of the option itself. But still. The development of such tools seems to make sense.
I'm interested in this kind of option, it would make a lot of sense for my asset crudengn
Title: Re: You have an opportunity of Prediction Market Trading
Post by: optionswallet on July 30, 2020, 07:22:14 am
New option contract  will be launched in August
Title: Re: You have an opportunity of Prediction Market Trading
Post by: binggo on July 30, 2020, 08:03:10 am
New option contract  will bi launched in August

 :)

Title: Re: Prediction Market: New option contract will be launched in August
Post by: optionswallet on August 02, 2020, 11:46:21 am
I am planning to launch a default option GDEX. More precisely, the default on the asset GDEX.BTC
The option will be pretty simple. If within a year the GDEX.BTC asset becomes a scam (like an OPEN.BTC asset), then the option will cost 1. If nothing similar happens to the GDEX.BTC asset within a year, the option will cost 0.

To understand the financial result, imagine the following situation:
You have 1 GDEX.BTC - the equivalent of 400 thousand BTS
Fearing that the GDEX.BTC asset may depreciate, you buy an option to default on this asset.
If GDEX itself does not believe in the default of its asset GDEX.BTC, it will sell you such an option at a price (the price invented by me) -0.02 BTS. In other words, for 2% of the face value.
By purchasing an option in the amount of 8000 BTS, You will fully insure yourself against the loss of 400 thousand BTS (the equivalent of 1 GDEX.BTC you have)
On the other hand, the seller of the option will make a profit of 8000 BTS if the GDEX.BTC asset does not default within a year.
However, if a default occurs, you will receive 400 thousand BTS, while losing 1 GDEX.BTC.

However, my thoughts are aimed at understanding what is considered a default.

For example, we can assume that the default occurred if the price of GDEX.BTC/BTS on DEX deviated by more than 20% from the real price of BTC/BTS at external market.
In this case, we acknowledge that the option is in the money and the default has occurred. However, this may be due to low liquidity on DEX. It turns out that there are no problems with the GDEX.BTC asset, but we admit their default.

Second example. We can consider as a default the case when GDEX stopped transferring BTC to you in the Bitcoin blockchain in response to your transfer of GDEX.BTC to the GDEX account in the Bitshares blockchain.
However, in this case, the option issuer will have to manually check the statements of each user that he did not receive the BTC on the Bitcoin blockchain. At the same time, correspond with GDEX, clarify the reason. It will also be necessary to get access to the MEMO in the Bitshares blockchain of each applicant in order to verify the specified BTS wallet.
To this can be added blatant abuse of users.
This option looks completely unattractive.

Third example. Consider that a default has occurred if the market commission for trading is higher than 5% in the GDEX.BTC/BTS pair
However, the owner of GDEX.BTC may not resort to this method, while the asset will actually default. Therefore, this method is not sufficiently informative.


We can also consider the case of the issuer's forced transfer of the GDEX.BTC asset back to himself as a default. In this case, the price on the market may not deviate significantly, and the assets of GDEX.BTC will be withdrawn from all or most of the users. However, there is a big question here. What if the ZhDEKS.BTS asset is forcibly withdrawn from only one user.
Should we consider this to be an asset default. After all, each user will buy an option to protect their personal financial interests. And the interests of the community as a whole, in this case, are not interesting to the user.
The same case also applies to non-receipt of BTC in the BTC blockchain by any specific user. After all, if you transferred GDEX.BTC to  GDEX account and did not receive a real BTC, you should make a profit on the option. Because they bought an option to protect only their own risks. In this case, it turns out that if 10 thousand users received BTC in the Bitcoin blockchain in response to the transfer of GDEX.BTC to the GDEX account, but one user did not receive it, we will have to recognize a default on the asset in order to protect the rights of one user to the detriment of 10 thousand other buyers or sellers of the option.
Title: Re: Default option GDEX in August
Post by: optionswallet on August 14, 2020, 06:23:23 pm
New CALL OPTION  launched:
February 2021

CALL Option
OPTIONS.21FE1CNY

Strike Price - 1 BTS/CNY
Date of expiration - 20 February 2021 17:00:00 GMT.

Technical information :
This option will cost 1 BTS if the price of BTS will be more than 1 CNY. This option will cost 0 BTS if the price of BTS will be less or equal than 1 CNY
Market fee - 0.99%

More definition
OPTIONS.21FE1CNY
OPTIONS - common name
21  -  2021 year
FE  -  February
CNY  -  bitCNY
1  -  strike price 1 BTS/CNY


Please familiarize yourself with the principles of option trading before making exchange transactions.


There are 4 available option contracts now:

Call Option
OPTIONS.21FE1CNY
Strike price - 1 BTS/bitCNY
Date of expiration - 20 February 2021 17:00:00 GMT


Put Option
OPTIONS.20NO2EUR
Strike price - 0.02 BTS/bitEUR
Date of expiration - 20 November 2020 17:00:00 GMT

CALL Option
OPTIONS.21JA1USD
Strike Price - 1 BTS/bitUSD
Date of expiration - 20 January 2021 17:00:00 GMT.

Put Option
OPTIONS.20SE1BTC
Strike price - 100 000 GDEX.BTC/BTS
Date of expiration - 20 September 2020   17:00:00 GMT.


In each trading pair, liquidity is provided in the equivalent of 30,000 BTS for BUY and 30,000 BTS for SELL

Title: September 20 Put option OPTIONS.20SE1BTC with strike 100 000 GDEX.BTC/BTS ends
Post by: optionswallet on September 03, 2020, 06:37:36 am
September 20 Put option OPTIONS.20SE1BTC  with strike 100 000 GDEX.BTC/BTS ends in 17 days....
Title: Re: September Put option OPTIONS.20SE1BTC strike 100 000 BTC/BTS coming to an end
Post by: optionswallet on September 11, 2020, 07:10:52 am
Dear community.
After the NBS Blockchain will start, I am planning to launch option contracts on this chain too.
Title: Re: Option contracts on NBS Blockchain
Post by: optionswallet on September 20, 2020, 06:43:13 pm
September 2020 option contract OPTIONS.20SE1BTC is over.
Option contract is out of money.
BTS markets closed.



There are 3 available option contracts now:

Call Option
OPTIONS.21FE1CNY
Strike price - 1 BTS/bitCNY
Date of expiration - 20 February 2021 17:00:00 GMT


Put Option
OPTIONS.20NO2EUR
Strike price - 0.02 BTS/bitEUR
Date of expiration - 20 November 2020 17:00:00 GMT

CALL Option
OPTIONS.21JA1USD
Strike Price - 1 BTS/bitUSD
Date of expiration - 20 January 2021 17:00:00 GMT.

Title: Re: September 2020 option contract OPTIONS.20SE1BTC is over. Option out of money
Post by: optionswallet on October 18, 2020, 07:31:35 am
Liquidity in each trading pair increase to 100 000 BTS for BUY and 100 000 BTS for SELL

There are 3 available option contracts now:

Put Option
OPTIONS.20NO2EUR
Strike price - 0.02 BTS/bitEUR
Date of expiration - 20 November 2020 17:00:00 GMT

CALL Option
OPTIONS.21JA1USD
Strike Price - 1 BTS/bitUSD
Date of expiration - 20 January 2021 17:00:00 GMT.

Call Option
OPTIONS.21FE1CNY
Strike price - 1 BTS/bitCNY
Date of expiration - 20 February 2021 17:00:00 GMT


Also, account "options-wallet" became a member of the committee
I have staked 300,000 BTS for 2 years and expect to have 2.4 million voting power.
The voting power arrives in November