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Author Topic: Buying Options for bitcoin  (Read 2069 times)
philiveyjr (OP)
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June 27, 2016, 03:02:40 PM
 #1

Is there any site which allows you to buy options for put or sell ? I am looking to buy options particularly for the bitcoin prices, but would also be open to sites which allow options for other stocks.

iwasneverhere
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June 27, 2016, 03:11:10 PM
 #2

I would also like a site like this if anybody knows. The sites I know are just exchanges and some when you put an order takes some time and price changes and you make a loss almost instantly. Will check this thread.
philiveyjr (OP)
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June 27, 2016, 04:53:47 PM
 #3

I would also like a site like this if anybody knows. The sites I know are just exchanges and some when you put an order takes some time and price changes and you make a loss almost instantly. Will check this thread.
Just so you know, I did do some research. One reason why options aren't popular is because of the volatility, so not a lot of people are comfortable putting out options to sell.

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June 27, 2016, 10:06:57 PM
 #4

i see option trade bitcoin only secontrade

you can recomended site option trade bitcoin is reputable another secondtrade
thank you , your answer
james.lent
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June 28, 2016, 02:31:39 AM
 #5

i see option trade bitcoin only secontrade

you can recomended site option trade bitcoin is reputable another secondtrade
thank you , your answer

You can use iq option ; http://iqoptions.co.uk

They have options for bitcoin prices as well if that's what you're looking for.
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June 28, 2016, 05:52:38 AM
 #6

You can use iq option ; http://iqoptions.co.uk

They have options for bitcoin prices as well if that's what you're looking for.
I think this and https://iqoption.com/ this are differents but found that iqoptions.co.uk doesn't have ssl certificate.
I think better to try https://iqoption.com/ as i have heard this before also but haven't tried as i am not interested.

Found this : http://blog.iqoption.com/en/bitcoin-binary-options-trading-on-iq-option/

so yes they have bitcoin option also.

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June 28, 2016, 06:21:59 AM
 #7

You can use iq option ; http://iqoptions.co.uk

They have options for bitcoin prices as well if that's what you're looking for.
I think this and https://iqoption.com/ this are differents but found that iqoptions.co.uk doesn't have ssl certificate.
I think better to try https://iqoption.com/ as i have heard this before also but haven't tried as i am not interested.

Found this : http://blog.iqoption.com/en/bitcoin-binary-options-trading-on-iq-option/

so yes they have bitcoin option also.

Yeah i think the one you linked is the correct one. Not to sure about the web based version because im using the Android based platform : https://play.google.com/store/apps/details?id=com.iqoption&hl=en

They're having some really bad reviews lately though but i didnt make any deposits so no harm done  Grin
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June 28, 2016, 05:28:25 PM
 #8

Is there any site which allows you to buy options for put or sell ? I am looking to buy options particularly for the bitcoin prices, but would also be open to sites which allow options for other stocks.

There are not except offcourse if you try Forex exchanges. A while a go i found plus 500. You can short or buy bitcoins. It works the same as a CFD, so beware it is very very risky.
One day you can have profit, the next day you need to answer your margin call.
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July 16, 2016, 09:08:50 PM
 #9

Our exchange with "plain vanilla" options (put and call options, european style, cash settled) and futures.

Please visit https://www.deribit.com/main#/options to see the orderbook of all strikes and expiration dates. In the future we will be adding expirations further away. I know of no other exchange with a decent platform currently offering plain vanilla options on bitcoin.

By the way, there is currently 1 market maker on the platform, we hope to find more traders who would like to be marketmaker on the platform.
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July 17, 2016, 04:24:10 AM
 #10

IDS option is a binary option you can use. It is safe and easy to use and they have an ongoing signature campaign at present so you might just check them out.

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Valzador
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July 18, 2016, 03:57:58 AM
 #11

http://www.satoshioption.com/

And there's a list here

http://www.bitcoinbinaryoptions.net/
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July 20, 2016, 12:20:39 PM
 #12

I have looked for options in the past too. Unfortunately no such legit sites exist. Even if you are able to buy an option for bitcoin, which I doubt anyone would offer, then being paid out if you were to earn millions from it is unlikely. Also the options for bitcoin offered will be very short term, from a week or 2. Over a month is too risky for any seller.
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July 20, 2016, 12:48:40 PM
 #13

There are many sites now offering Options trading but you need to do your homework as not all of them are legit. Secondstrade does offer option trading and it is very reputable too! Smiley
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July 20, 2016, 06:33:47 PM
 #14

Is there any site which allows you to buy options for put or sell ? I am looking to buy options particularly for the bitcoin prices, but would also be open to sites which allow options for other stocks.

you can try bitfinex in there support margin trading so you can put or sell
trading bitcoin support meta trader you can try btc-e
but you interest option trading you can try secondtrade dot com
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July 21, 2016, 01:07:27 PM
 #15

The reason that people is "Buying Bitcoins" is that they want to earn some profit with it and keep on spending to see higher value of bitcoin in future. When this happens I will sell all my bitcoins and go with life without bitcoin.
philiveyjr (OP)
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July 22, 2016, 10:29:33 AM
 #16

Thanks for your suggestions. I looked into secondstrade but instead of allowing to buy options it only allowed me to bet on the price for the next second. More like a gambling game and not a site to buy options. They do mention options in their FAQ, but I couldn't see any place on the site where it traded options.

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July 22, 2016, 08:51:14 PM
 #17

Either idsoption or secondtraer are good choices since they offer alternatives besides the price of Bitcoin. There are other sites available but they often require verification similar to forex brokers which may put some people off.
Never heard of idsoption and as for secondstrade check my previous post.
Giving your information to the forex brokers is no risk. Options can amount to large amounts of money, and I would rather have it done through a legal company then a random bitcoin exchange which isn't licensed.

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July 23, 2016, 09:19:07 AM
 #18

the best your choose
your option is ready campaign signature in bitcointalk forum
maybe secontrade or idsoption
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July 30, 2016, 09:58:09 PM
 #19

I have looked for options in the past too. Unfortunately no such legit sites exist. Even if you are able to buy an option for bitcoin, which I doubt anyone would offer, then being paid out if you were to earn millions from it is unlikely. Also the options for bitcoin offered will be very short term, from a week or 2. Over a month is too risky for any seller.

Currently on www.deribit.com you can trade (vanilla european style) options up till 3 months out (quarterly). In the market you can either buy or sell, as an example..the current market for a 30 september 700 call is 42dollar bid - 46 dollar ask. Though you wont be able to do huge quantities on those prices, as the market is still not very liquid. (marketmaker is quoting for 2 options on all strikes, after that quote becomes slightly worse., though bigger trades can be negotiated of course in the chat, or by simply placing your bid/ask in the orderbook.
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July 30, 2016, 10:54:30 PM
 #20

Coinut has been running options for something like a year now. I'm not aware of many others. I recently saw ads for a site called Deribit, which apparently offers vanilla-style options, but I have no idea how safe or reliable the services are.

Caveat emptor, as they say. None of these services are gonna be particularly "legit."
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