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chriswen
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April 06, 2013, 01:39:50 PM |
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okay, went under $3.
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jasinlee
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April 06, 2013, 03:20:19 PM |
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okay, went under $3.
i would change that to a 5 $ strike now if you change your mind. |
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Eisenhower34
Legendary
 Offline
Activity: 906
Merit: 1002
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April 07, 2013, 09:19:27 AM |
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Interested in 2000 LTC $5 strike for 6months. Whats the fee?
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420 (OP)
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April 07, 2013, 06:05:21 PM |
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Come on quit trying to fuck me
$7 strike no lower.
make up some terms to see if I agree
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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jasinlee
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April 07, 2013, 06:21:30 PM |
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You do realize, if you are offering options, you take a fee for your profit correct? When you purchase the LTC or other option you are simply "holding" it, it should not be considered part of your profits. If you want to invest and hold long term for profit, you should not be doing options.
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cptmooseinc
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April 07, 2013, 06:22:22 PM |
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420, why not just input any of these calls into that calculator link that I provided on page 9 of this thread I think it is? If he wants a $5 strike, with 85% volatility, then anything near or long term he'll have to pay through the nose for. $5 strikes can be done, they'll just cost more which means more cash for you up front.
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The Moose's Tip Jar: BTC - 1HoTm9ZqrEmD5Tvs5qAdPM311agyN3eHra
LTC - LPg9svS4dcK5Kzy6HUoef8icrnDxED3ZVA
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420 (OP)
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April 07, 2013, 07:01:11 PM |
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420, why not just input any of these calls into that calculator link that I provided on page 9 of this thread I think it is? If he wants a $5 strike, with 85% volatility, then anything near or long term he'll have to pay through the nose for. $5 strikes can be done, they'll just cost more which means more cash for you up front.
please post for me again the extra parameters I need to put that are confusing is the volatility the price range in 1 day or what? |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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cptmooseinc
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April 07, 2013, 07:47:35 PM |
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Leave the risk-free interest rate at 5% or below as it won't really factor into the equation that much. Enter the current price, the strike price, the length of the option (in days on the one I posted I believe), and then the volatility. I never actually calculate the real volatility, but rather just guess-timate it. Seeing how cryptos are highly prone to large run ups and huge sell-offs, I usually keep this in the 75-85% range. You can read more about implied volatility here if you really wish to calculate it out: http://www.utdallas.edu/~tday/6310FAQ3.html75-85% range should be good. The lower you go, the cheaper the option will be, but not by a whole lot. Remember, if you're selling covered call options then it technically means you think the "stock" (in this case LTC) will not exceed that price before expiration, or that you don't mind selling it for that price from now until expiration. If you're short term bearish, but long term bullish, you should sell short-dated call options (1-3 months max), and offer to buy long-dated put options from people. LTC could still swing violently on long-dated puts, though, so I suggest avoiding them honestly. People could get the calls and basically trade the swings a lot easier without having to day trade as much. Example: I buy a 2,500 LTC put option from you with a $3 strike that expires 6 months from now. This means I call sell you 2,500LTC @ $3 = $7500. I don't actually have to hold any LTC myself by doing this, only just pay the premium to get the guarantee. Now, if LTC take a dive to $2/LTC, even for just a few hours, I could buy 2,500LTC @ $2 and sell to you for an extra $1/LTC. This only costs me $5k, but you give me $7.5k for them. As long as LTC is still trading low, I would then have an extra $2.5k (minus whatever the initial fee was) to buy "free" LTC and take out my $5k investment. If I think LTC will rebound, I buy the LTC and either sell when it recovers or ask for another put option from you (protecting my free money). Keep your calls and/or puts short-dated. You could even offer "weekly" options if there were any interest in them. If you continue to offer these sorts of contracts, I strongly suggest that you sit down and read more about calls and puts to understand how to better make yourself more money and not just make everyone else rich. Cryptos aren't stocks and have shown to be much more violent when it comes to price swings. This creates what is called a high "beta", which in turn increases the value of the options being traded. |
The Moose's Tip Jar: BTC - 1HoTm9ZqrEmD5Tvs5qAdPM311agyN3eHra
LTC - LPg9svS4dcK5Kzy6HUoef8icrnDxED3ZVA
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420 (OP)
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April 17, 2013, 12:31:14 AM |
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Contacting Garr255 to pay him back $210 due before April 19
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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420 (OP)
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April 17, 2013, 03:33:24 AM |
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Contacting Garr255 to pay him back $210 due before April 19
Sent payment to Garr255 ($210) to Dwolla as he just agreed in PM Debt is now: $0 |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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Garr255
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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April 17, 2013, 03:44:30 AM |
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Contacting Garr255 to pay him back $210 due before April 19
Sent payment to Garr255 ($210) to Dwolla as he just agreed in PM Debt is now: $0Confirming. |
“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
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420 (OP)
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April 18, 2013, 10:26:48 PM |
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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efx
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May 04, 2013, 07:15:25 AM |
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Repaid 2.26667274 BTC (<sorry for the mess  ) Thanks! |
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420 (OP)
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May 04, 2013, 07:15:53 AM |
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420 and I have reached the following agreement: 2 btc for 12+% interest. I will be able to pay back the balance in a maximum of 5 days but will hold the balance a full 30 days unless 420 requests otherwise.
Agreed. 2.24BTC due within 30 days (before may 6th 2013 EST) Sending btc-e code to him Redeemed, thanks! PM me on btc-e if you need to reach me asap (chatbox is basically broken now). Repaid 2.26667274 BTC (<sorry for the mess ) Thanks! efx paid me back in full just now +1 |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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zerodrama
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May 10, 2013, 07:34:06 AM |
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Looking to upgrade my mining operation.
500 LTC would do the trick.
I currently mine @2200 Khs. I have 4 Radeon 5970s but I have been unable to use the 4th one as my system will not boot properly with the 4th one installed. I had to disable eSATA to get the 3rd one to work.
The upgrade would allow me to get another similar setup with 2 5970s and the 4th 5970s being the 3rd on the 2nd one.
I currently mine 170 LTC a month. This upgrade would make it possible to mine 340 or so.
I pay no electricity so all the mining is profit.
I have done mining contracts before however I got scammed out of 6.4 BTC and had configuration issues for an entire week so I could make the earlier upgrade work.
Learned quite a bit since and I have a solid setup now that can be duplicated easily.
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EASY CALCULATION FOR TRADES: 1 Million is 1x10e6. 1 Satoshi is 1x10e-8. 1 M sat is 1x10e-2. 100 M sat is 1. If 1 herpcoin = 100 derptoshi then 1 M herpcoin @ 001 derptoshi = 0.01 derpcoin, 1 M herpcoin @ 100 derptoshi = 1.00 derpcoin Post Scarcity Economics thread https://bitcointalk.org/index.php?topic=3773185 |
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🏰 TradeFortress 🏰
Bitcoin Veteran
VIP
Legendary
Offline
Activity: 1316
Merit: 1043
👻
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May 10, 2013, 07:35:26 AM |
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Not to rain on someone else's thread, but you can kinda see how good someone's credit is by the rate they borrow at. |
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420 (OP)
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May 11, 2013, 11:18:58 PM |
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Looking to upgrade my mining operation.
500 LTC would do the trick.
I currently mine @2200 Khs. I have 4 Radeon 5970s but I have been unable to use the 4th one as my system will not boot properly with the 4th one installed. I had to disable eSATA to get the 3rd one to work.
The upgrade would allow me to get another similar setup with 2 5970s and the 4th 5970s being the 3rd on the 2nd one.
I currently mine 170 LTC a month. This upgrade would make it possible to mine 340 or so.
I pay no electricity so all the mining is profit.
I have done mining contracts before however I got scammed out of 6.4 BTC and had configuration issues for an entire week so I could make the earlier upgrade work.
Learned quite a bit since and I have a solid setup now that can be duplicated easily.
without collateral I won't do a loan with someone with no credit history |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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420 (OP)
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May 18, 2013, 08:34:59 PM |
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Paid back Garr255 $1,070
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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Garr255
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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May 18, 2013, 08:37:43 PM |
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Paid back Garr255 $1,070
Received. |
“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
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