Author Topic: New September Call option lunched. OPTIONS.21SE07CC  (Read 56063 times)

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Offline optionswallet

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New CALL OPTION  launched:
September 2021

CALL Option
OPTIONS.21SE07CC

Strike Price - 0.7 BTS/bitCNY
Date of expiration - 20 September 2021 17:00:00 GMT.

Technical information :
This option will cost 1 BTS if the price of BTS will be more than 0.7 bitCNY. This option will cost 0 BTS if the price of BTS will be less or equal  than 0.7 bitCNY
Market fee - 0.99%

More definition
OPTIONS.21SE07CC
OPTIONS - common name
21  -  2021 year
SE  -  September
07  -  strike price 0.7 BTS/bitCNY
C  -  bitCNY
C - Call

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

In trading pair OPTIONS.21SE07CC, liquidity is provided in the equivalent of 100 000 BTS for BUY and 100 000 BTS for SELL

Offline binggo

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Why no Trump and Biden?or NBA?

There no liquidity  on the prediction markets.
Maybe this time will come

The GUI of prediction markets is very hard to use for custormer...

Offline optionswallet

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Why no Trump and Biden?or NBA?

There no liquidity  on the prediction markets.
Maybe this time will come

Offline binggo

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Offline optionswallet

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November 20 Put Option OPTIONS.20NO2EUR with Strike 0.02 BTS/bitEUR is in money
If you have OPTIONS.20NO2EUR you can settle it with price 1 BTS after 24 hours.

Next option is December 20 Call Option OPTIONS.20DE2CNC
with strike 0.2 BTS/bitCNY
« Last Edit: November 20, 2020, 10:09:02 pm by optionswallet »

Offline optionswallet

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Give a link?0.2 BTS/bitCNY? 0.2 bitCNY/BTS?

Technical information :
This option will cost 1 BTS if the price of BTS will be more or equal than 0.2 bitCNY. This option will cost 0 BTS if the price of BTS will be less  than 0.2 bitCNY

Offline binggo

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« Last Edit: November 12, 2020, 11:35:11 pm by binggo »

Offline optionswallet

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New CALL OPTION  launched:
December 2020

CALL Option
OPTIONS.20DE2CNC

Strike Price - 0.2 BTS/bitCNY
Date of expiration - 20 December 2020 17:00:00 GMT.

Technical information :
This option will cost 1 BTS if the price of BTS will be more or equal than 0.2 bitCNY. This option will cost 0 BTS if the price of BTS will be less  than 0.2 bitCNY
Market fee - 0.99%

More definition
OPTIONS.20DE2CNC
OPTIONS - common name
20  -  2020 year
DE  -  December
2  -  strike price 0.2 BTS/bitCNY
CN  -  bitCNY
C - Call

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

Intrading pair OPTIONS.20DE2CNC, liquidity is provided in the equivalent of 150 000 BTS for BUY and 200 000 BTS for SELL

Offline optionswallet

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November 20 Put option OPTIONS.20NO2EUR  with strike 0.02 BTS/bitEUR ends in 13 days....

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

Offline optionswallet

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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.


Offline optionswallet

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Dear community.
After the NBS Blockchain will start, I am planning to launch option contracts on this chain too.

Offline optionswallet

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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 »

Offline optionswallet

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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


Offline optionswallet

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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.