>tfw addicted to options trading on securities >crypto

>>1867560
Why would you buy options when you can sell options and collect premium? Options are like insurance: the writer assumes risk and collects money in exchange. So long as risk is carefully managed, option writers will always come out ahead in the long run.

>>1868311
"okay"

>>1868311
Why buy boring options when you can buy cross crypto currency swaptions?

>>1868311
How's finance 101 doing? Micro or macro?

>>1867560
bitmex has swaps and Bitcoin CFDs exists. Both are derivatives. If you want options then ask bitmex to add them. They might do it if there is enough demand and there are no legal hurdles. You could also start an exchange yourself or trade manually on bitcointalk forum or bitcoin-otc on irc. Do something about it instead of crying on reddit 2.0 forum

>>1870650
there is no micro or macro in finance newfriend

>>1870650
It's not a difficult concept. Options have two kinds of value: intrinsic and extrinsic. The intrinsic value is just the difference between the market price of the underlying and the strike price. The extrinsic value is composed in part by the time value of the option, which decays over time. Thus, the option writer gets to sell the option when the time value is highest, while the option holder gets to hold something with decaying time value.

Assuming that the underlying's price evolves according to a random walk and the writer writes a shit ton of options, the writer will most likely break even with regards to the intrinsic value of the sum of the options sold (so long as he doesn't go bankrupt by some unlikely string of events). However, the extrinsic value was always a positive gain for the writer, so he will almost certainly have achieved a steady profit, minus commissions of course.

It's like this: would you rather go to the casino, or would you rather run it?

>>1871149
What you're saying amounts to claiming that all options are overpriced.

>>1868311
there isn't an inherent edge either way, don't go thinking there is a free lunch here