Bitcoin Forum

Economy => Lending => Topic started by: gusti on June 25, 2013, 10:04:20 AM



Title: Options available - LTC and BTC
Post by: gusti on June 25, 2013, 10:04:20 AM
LTC and BTC options contracts available.
Any amounts, low premiums, flexible conditions.

Please see this thread (https://bitcointalk.org/index.php?topic=168370.msg1753220#msg1753220)  for example.

edit : title and description changed for better accuracy.


Title: Re: CFD's available - LTC and BTC
Post by: Meni Rosenfeld on June 25, 2013, 05:51:47 PM
Please see this thread (https://bitcointalk.org/index.php?topic=168370.msg1753220#msg1753220)  for example.
That's not a CFD, it's a call option...


Title: Re: CFD's available - LTC and BTC
Post by: gusti on June 25, 2013, 06:28:50 PM
That's not a CFD, it's a call option...

You are right, this (https://bitcointalk.org/index.php?topic=168370.msg1753220#msg1753220/) is an example of CFD.


Title: Re: CFD's available - LTC and BTC
Post by: Meni Rosenfeld on June 25, 2013, 06:36:39 PM
That's not a CFD, it's a call option...
You are right, this (https://bitcointalk.org/index.php?topic=168370.msg1753220#msg1753220/) is an example of CFD.
It's the same thread.


Title: Re: CFD's available - LTC and BTC
Post by: gusti on June 25, 2013, 06:45:53 PM
That's not a CFD, it's a call option...
You are right, this (https://bitcointalk.org/index.php?topic=168370.msg1753220#msg1753220/) is an example of CFD.
It's the same thread.

Yes, thanks for pointing it out. I believe that a call option if for the total amount, this agreement is only for the difference, so I do not need to provision the whole amount. Anyway, I'm not so familiar with the exact definition of each instrument, so feel free to call it whatever you wish.  ;)


Title: Re: CFD's available - LTC and BTC
Post by: Meni Rosenfeld on June 25, 2013, 07:15:39 PM
That's not a CFD, it's a call option...
You are right, this (https://bitcointalk.org/index.php?topic=168370.msg1753220#msg1753220/) is an example of CFD.
It's the same thread.
Yes, thanks for pointing it out.
No idea what just happened. You give a supposed example of a CFD, I say it's not a CFD, then you give the same example again?

I believe that a call option if for the total amount, this agreement is only for the difference, so I do not need to provision the whole amount. Anyway, I'm not so familiar with the exact definition of each instrument, so feel free to call it whatever you wish.  ;)
What matters is not how you settle it, but how the profit responds to price changes of the underlying. With an option to buy 10K LTC at a strike price of $6, if LTC price is $7 when exercised the profit is $10K, just like in what you offered.

See also the graphs here (http://en.wikipedia.org/wiki/Option_%28finance%29#The_basic_trades_of_traded_stock_options_.28American_style.29). You're taking a short call, the counterparty is taking a long call.

A CFD (http://en.wikipedia.org/wiki/Contract_for_difference) is completely different and is equivalent to simply buying the commodity. The corresponding graph would be a straight line through the origin.

If you're offering call options and saying you're offering CFDs it's misleading.


Title: Re: Options available - LTC and BTC
Post by: gusti on June 25, 2013, 07:26:55 PM
Many thanks for your enlightment, title and description changed for accuracy.


Title: Re: Options available - LTC and BTC
Post by: Eisenhower34 on June 25, 2013, 07:56:30 PM
So... you are trying to sell something where you actually (and proofen before) not know what it is that you sell... Im not sure that this will work out for you nor for the "buyer"...


Title: Re: Options available - LTC and BTC
Post by: gusti on June 25, 2013, 08:40:21 PM
So... you are trying to sell something where you actually (and proofen before) not know what it is that you sell... Im not sure that this will work out for you nor for the "buyer"...

Sure it will work, as it worked many times before. Anyway, thanks for trolling my thread.


Title: Re: Options available - LTC and BTC
Post by: Scott J on June 30, 2013, 08:34:47 PM
I would like to recommend gusti, he is a man of his word.

https://bitcointalk.org/index.php?topic=164479.msg1723429#msg1723429


Title: Re: Options available - LTC and BTC
Post by: gusti on July 04, 2013, 10:36:14 PM
Many thanks Scott J, new agreement between us :
https://bitcointalk.org/index.php?topic=168370.0


Title: Re: Options available - LTC and BTC
Post by: MPOE-PR on July 05, 2013, 09:59:51 AM
Cute. See here (https://bitcointalk.org/index.php?topic=124441.0).