Hi, CryptoWorld!
https://yzoz.com/images/logo.pngLet me introduce my pocket “YZoZ Crypto Assets Options Exchange”. Yes, I know about “Deribit” and I use it with pleasure, but fairly big lots and a lack of alternative instruments has given me a wink to try to create my own Market.
There are weekly european non-marginable and non-deliverable options contracts for Ethereum/Bitcoin price (1 Wei for N Satoshi) here in this moment. It means that they expire every week; a buyer can’t exercise them before expiration; a seller is deposit initial margin completely (1 Wei for every Call or Strike Satoshi for Put); a seller pay any profit to a buyer but not asset transfer taking place. If there are no Satoshi in Call seller’s wallet by the expiration moment, from his Weis will be transferred Satoshi equivalent at market price.
I’m glad to see You on
https://yzoz.com/exchangeThanks!
It’s α-testing version of exchange working in demo-mode. After registration you will have 1000 Wei and 100000000 Satoshi on Your virtual balance to start your trading experience.