[April 2013] Unified Options Trading Order Requests

[usagi]

(For BitFunder and BTC-TC/litecoinglobal traders only.)

Writing puts and calls ties up capital so I'd like to create a thread for people who are interested in options trading.

Please post the symbol you are interested in along with whether or not you are interested in buying a PUT or a CALL. Please don't post amounts and prices. Please allow the option writers to compete to give you the best price. That will be all. Enjoy!

[usagi]

FWIW, if you are confused about options trading I don't mind helping anyone who has questions with a few examples. A great way to get into options trading is with small premiums on in-the-money covered calls. For example, I just wrote this on BitFunder:

0.70 BTC    50    0.080 BTC    Yes    2013-04-10 00:00:05    

At an ask of .772 this represents a premium of 0.008 (~1%) per share. This is how I write options, I try to compete on price. Compare:

(Premium of 3.6%) 0.760 BTC    20    0.040 BTC    Yes    2013-04-16 05:50:21    
(Premium of 4.3%) 0.770 BTC    20    0.0350 BTC    Yes    2013-04-16 05:50:47    
(Premium of 4.9%) 0.780 BTC    20    0.030 BTC    Yes    2013-04-16 05:51:24    
(Premium of 5.6%) 0.790 BTC    20    0.0250 BTC    Yes    2013-04-16 05:51:48