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Hi there
Been away for quite long, hopefully everyone doing great here
If by any chance anyone knows if there is a way to buy puts on bitcoin futures?
I have not done my research yet, but i recall despite all this bull run it is very sensitive to regulation and dumps may be very severe out there. So I think this trade may worth a shot in a foreseeable future.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
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Posts: 5,060 since Dec 2013
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@Jerard as a non-US resident I think you will find you can trade Bitcoin Options in many places. It's a lot more limiting for US residents as many of the crypto exchanges are off limits. While I don't have first hand experience I have heard that Deribit has a good options market. The CME also list options on Bitcoin futures but liquidity is generally poor and at certain times non-existent. Not surprisingly you will find these options to be have very high premiums, but when the market moves 10% every few days that's not surprising.
I'm not. Even though I have missed tons of money the last 9 months, I can sleep at night not being in crazy, unpredictable markets like we had and are now having.
@ron99 kindly state your safe trade in selling or buying options with hints about pros/cons of both in terms of volatility and etc.
I was about selling straddle for delta below 20 on the weeklies ...seems from your experience as unsafe trade ? So would appreciate your insights to follow it.
Thanks a lot @ron99 --
Any suggestions from the experts here about selling or buying options:
I am thinking about selling the weeklies of ES for example and hedge the selling level with buying or selling the underlying. I am new to options as a trading style as I am a futures trader. Kindly share what are the list of strategies that you are trading in terms of this thread context.