I'm interested in these bitcoin options trades the put and call options.
But it seems the call and put work differently in bitcoin than they do in stocks.
As far as I know (though i've never done a stock option) you buy an option at a price, and if your prediction doesn't prove true you only loose the price of buying the option.
But if you are correct on your call you can buy as many shares as you want at the lower price than what is on the market and for a put you can sell as many as you want for a higher price. Seemingly making your profits unlimited.
Looking at BTCoracle.com and coinut.com and other sites. Their interface works differently.
You put down a deposit first, that is also buying the price of the "option" and only win that money back if your prediction is correct, but then your winnings are limited to a price multiplier on sites like BTCoracle. Coinut seems to work the same but I don't understand these things fully.
What on earth are u supposed to do here?
And what about this one?
I just don't quite understand the system. I'm not that familiar with these kinds of contracts.
Hi,
Since you have not provided sufficient information so I do not understand the problem you are wondering what is ? And I also do not have an
account in BTCoracle or Coinut so I do not know how it works ? However I would like to advice you on what is "Call Option" and "Put
Option"
+ "Call Option" is a contract in which the option holder has the right (but no obligation) to buy a certain type of property (assets can be stocks,
bonds, or as a commodity item that) with a predetermined price (the strike price) within a given time period
+ "Put Option" is a financial contract between two parties whereby the contract buyer (the holder) has the right to sell to the contract (the
writer) a number of shares of a stock, index certain securities at a specified price (strike price, exrcise price), on or before the maturity date
of the contract.
As far as I see on the picture of you, it seems they both this site acted as broker, They are not direct purchase option for you. Because I saw "Bid"
and "Ask" . It means you can not want to buy or want to sell as many as you like but you can only buy or sell the right amount that they has
specified. And so, I think that's is a limit for it.
That is according to my personal opinion, if there is something wrong, hope you understanding me !
