420's Non-Ponzi Loans & LiteCoin Options (Lend to me, or Get a loan, Calls/Puts)

[jasinlee]

BTCe is lagging too badly so PMed the code to you here, that chat is going crazy. Still doing the other options?

Edit: Never heard from you so added it back to my account. Let me know when you are on PM me on btce so I see you are ready. Or just deduct it from the total and send them to me at the current rate at the time to my signature LTC address.

[420]

BTCe is lagging too badly so PMed the code to you here, that chat is going crazy. Still doing the other options?

Edit: Never heard from you so added it back to my account. Let me know when you are on PM me on btce so I see you are ready. Or just deduct it from the total and send them to me at the current rate at the time to my signature LTC address.

price 3.80 so 460 ltc

5,000 - 460 = 4540 sent to LQ5v4mfYsk2uN3nseAnawSo7QEsUHCj3V1

[jasinlee]

Ok the option got terms to post?

[420]

Ok the option got terms to post?

3 month 1,000 ltc for $5 at $0.10 fee

[jasinlee]

Ok, Sent fee via LTC Transaction ID: ac68e7269bc7c8ecdd7513062349aea4bd7520e006629b658aae6d5c76eb189a and strike day would be July 1st 2013.

[Eisenhower34]

What about "6 month 1,000 ltc for $5 at $0.15 fee" ?

[420]

What about "6 month 1,000 ltc for $5 at $0.15 fee" ?

hmm maybe $0.25

[Eisenhower34]

What about "6 month 1,000 ltc for $5 at $0.15 fee" ?

hmm maybe $0.25

Ok, lock it in.
6 month 1,000 ltc for $5 at $0.25 fee

Need a payment address or can I send via MtGoxUSD?

[cptmooseinc]

Just a heads up 420, a call option at $5 strike 6 months from now with the recent volatility should go for no less than $1.08/LTC.

Use this calculator: http://www.danielsoper.com/fincalc/calc.aspx?id=37

Risk free rate can stay the same. Put the spot price (current price) as whatever it is (I used $4.79). Strike is $5. Time to maturity is 180 days. Volatility was entered as 85% (though should probably be higher, but 85% will provide a small discount to make the options attractive).

You really should use this calculator before making any options deals or you'll lose out. $.20/LTC fee isn't even fair for a 30 day option contract. The calculator spits out $.38/LTC for JUST 30 days!!! You must remember that you're taking significant risk (and potential loss of profit if the coin plummets) by making covered call sales, this is why the price should be MUCH higher. Otherwise, you should just hold your coin.

[cptmooseinc]

Can I get an option for 10,000 LTC?

420, if you take this, I suggest these are the parameters:

10,000 LTC option at a strike of $8/LTC. Good for 1 year from date of agreement. Fee of $.89/LTC. If he wants a lower fee than that, he'll have to greatly jack up the strike price or lower the length of the call.

A 6 month call at the same strike would have a fee of $.4089/LTC. A strike of $12 for 1 year would have a fee of $.4660/LTC. Run the calculator first, always!!!

[jrbuddy2]

Can I get an option for 10,000 LTC?

420, if you take this, I suggest these are the parameters:

10,000 LTC option at a strike of $8/LTC. Good for 1 year from date of agreement. Fee of $.89/LTC. If he wants a lower fee than that, he'll have to greatly jack up the strike price or lower the length of the call.

A 6 month call at the same strike would have a fee of $.4089/LTC. A strike of $12 for 1 year would have a fee of $.4660/LTC. Run the calculator first, always!!!

I would like this for 420's info, to be a 3 month and 7$ strike, would this be doable?

[cptmooseinc]

I calculate it to be a $.25/LTC fee at the current price of $4.79. Though that could change based on a price shift up or down.

[GIANNAT]

What about call option for 3 months of 1000LTC at 5$? What is the premium?

[cptmooseinc]

Run the calculations in the Black-Scholes calculator I posted and you'll see. That way you can customize an offer and make it so you're not having to haggle back and forth.

[jrbuddy2]

Run the calculations in the Black-Scholes calculator I posted and you'll see. That way you can customize an offer and make it so you're not having to haggle back and forth.

Ok what would it be for current price, goin to send it in to 420 now and price is at 4.50. So what would it be like 0.23?

[jasinlee]

420, I didnt get a confirm the ltc arrived, but I do see the payment was confirmed so its probably fine. Just being thorough.

[420]

420, I didnt get a confirm the ltc arrived, but I do see the payment was confirmed so its probably fine. Just being thorough.

What do you mean? is that a regular wallet or an exchange

http://explorer.litecoin.net/address/LQ5v4mfYsk2uN3nseAnawSo7QEsUHCj3V1

shows 4540 received

everyone else, after seeing recent price I'll offer no options under $10 strike price

I've made enough people rich

Only 4 LOANS & 1 special LTC option left

[Eisenhower34]

And whats with mine? https://bitcointalk.org/index.php?topic=145492.msg1732402#msg1732402

[420]

And whats with mine? https://bitcointalk.org/index.php?topic=145492.msg1732402#msg1732402

nothing was officially confirmed by me and wouldn't be engaged until payment; see msg above; starting at $10 strike prices


smoothie paid me $1,400 in our new agreement to sell right now 10,000 LTC to him for $0.14 each (double original price of $0.07 he HAD to pay me on jan 1 2014)

[smoothie]

And whats with mine? https://bitcointalk.org/index.php?topic=145492.msg1732402#msg1732402

nothing was officially confirmed by me and wouldn't be engaged until payment; see msg above; starting at $10 strike prices


smoothie paid me $1,400 in our new agreement to sell right now 10,000 LTC to him for $0.14 each (double original price of $0.07 he HAD to pay me on jan 1 2014)

confirmed. 420 thank you for your business. Very much appreciated.