Author Topic: OPTIONS. Liquidity in each trading pair increase to 200 000 BTS  (Read 50009 times)

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Offline optionswallet

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Re: Prediction Market: New PUT option BTS/bitEUR.
« Reply #45 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.
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Offline binggo

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Re: Just thinking about honest.asset and options
« Reply #46 on: June 19, 2020, 11:57:48 pm »
A insurance, very interesting.

Offline optionswallet

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Re: Prediction Market: Option Contracts
« Reply #47 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
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Offline optionswallet

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Re: New PUT option launched: OPTIONS.20NO2EUR. Strike price - 0.02 bitEUR
« Reply #48 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
« Last Edit: June 28, 2020, 05:41:56 pm by optionswallet »
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Offline optionswallet

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Re: New PUT option launched: OPTIONS.20NO2EUR. Strike price - 0.02 bitEUR
« Reply #49 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
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Offline chigbolu

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Re: Prediction Market: New PUT option BTS/bitEUR.
« Reply #50 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

Offline optionswallet

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Re: You have an opportunity of Prediction Market Trading
« Reply #51 on: July 30, 2020, 07:22:14 am »
New option contract  will be launched in August
« Last Edit: July 30, 2020, 01:49:42 pm by optionswallet »
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Offline binggo

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Re: You have an opportunity of Prediction Market Trading
« Reply #52 on: July 30, 2020, 08:03:10 am »
New option contract  will bi launched in August

 :)


Offline optionswallet

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Re: Prediction Market: New option contract will be launched in August
« Reply #53 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.
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Offline optionswallet

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Re: Default option GDEX in August
« Reply #54 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

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Offline optionswallet

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September 20 Put option OPTIONS.20SE1BTC with strike 100 000 GDEX.BTC/BTS ends
« Reply #55 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....
« Last Edit: September 03, 2020, 06:41:36 am by optionswallet »
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Offline optionswallet

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Re: September Put option OPTIONS.20SE1BTC strike 100 000 BTC/BTS coming to an end
« Reply #56 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.
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Offline optionswallet

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Re: Option contracts on NBS Blockchain
« Reply #57 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.

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Offline optionswallet

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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
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