Author Topic: New option contracts will be lunched for pairs GDEX.USDT/BTS and GDEX.BTC/BTS  (Read 36599 times)

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Offline optionswallet

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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.
« Last Edit: December 05, 2019, 07:02:26 am by optionswallet »

Offline bitstopia2049

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Re: Options. News and Information
« Reply #1 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...


Offline optionswallet

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Re: Options. News and Information
« Reply #2 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).

Offline optionswallet

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Re: Options. News and Information
« Reply #3 on: July 20, 2019, 04:03:59 pm »
Option OPTIONS.J19CALL is over.
Option out of money.
OPTIONS.J19CALL/BTS market closed.

Offline Thul3

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Re: Options. News and Information
« Reply #4 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

Offline JohnR

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Re: Options. News and Information
« Reply #5 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.

Offline optionswallet

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Re: Options. News and Information
« Reply #6 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).

Offline optionswallet

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Re: Options. News and Information
« Reply #7 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)

Offline sschiessl

Re: Options. News and Information
« Reply #8 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!

Offline optionswallet

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Re: Options. News and Information
« Reply #9 on: August 20, 2019, 05:32:18 pm »
Option OPTIONS.19AU025P is over.
Option out of money.
OPTIONS.19AU025P/BTS market closed.

Offline optionswallet

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Re: Options. News and Information
« Reply #10 on: September 11, 2019, 04:25:16 pm »
September Сall option OPTIONS.19SE050C  with strike 0.50 BTS/CNY ends after 9 days....

Offline optionswallet

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New Option Launched. October 2019. OPTIONS.19OC020P. PUT
« Reply #11 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).

Online bitcrab

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  • BitShares: bitcrab
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Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
« Reply #12 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?

Offline optionswallet

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Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
« Reply #13 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.

Offline optionswallet

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Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
« Reply #14 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

Offline JohnR

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Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
« Reply #15 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.

Offline optionswallet

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Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
« Reply #16 on: October 13, 2019, 06:26:34 am »
October Put option OPTIONS.19OC020P  with strike 0.20 BTS/CNY ends after 7 days....

Offline iamredbar

Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
« Reply #17 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?
BitShares Testnet Witness

Offline optionswallet

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Re: New Option Launched. October 2019. OPTIONS.19OC020P. PUT
« Reply #18 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.

Offline optionswallet

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Re: October option OPTIONS.19OC020P is over. Option out of money.
« Reply #19 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%

Offline optionswallet

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November Call option OPTIONS.19NO025C  with strike 0.25 BTS/CNY ends after 5 days....

Offline optionswallet

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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

Offline sschiessl

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

Offline optionswallet

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Re: Tomorrow will be launch two options. Put and Call
« Reply #23 on: November 20, 2019, 06:01:20 pm »
Option OPTIONS.19NO025C is over.
Option is out of money.

Offline optionswallet

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Re: November option OPTIONS.19NO025C is over. Option is out of money.
« Reply #24 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%
« Last Edit: November 25, 2019, 01:23:11 pm by optionswallet »

Offline optionswallet

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Re: New options lunched: December 2019
« Reply #25 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.
« Last Edit: November 25, 2019, 01:20:34 pm by optionswallet »

Offline optionswallet

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Re: New option contracts launched: December 2019
« Reply #26 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
« Last Edit: December 05, 2019, 07:01:17 am by optionswallet »