Even the regulated options are coming soon. CBOE will have options based on the Windex in 2-6 months, LedgerX will have them in 1-3 months. But if you really want to trade BTC options there are already unregulated markets for it: http://www.investopedia.com/articles/investing/033115/it-possible-trade-bitcoin-options.asp www.deribit.com "The above pricing screen for options with a 30 June (22-day) expiry show implied volatility ranging from 90% to above 200% for strike prices from 2000 to 3200. As at June 7, the 30-day IV for the S&P 500 is nearing record lows at 7.27%, according to data from the Options Industry Council, and even in the height of the Great Recession it did not reach current levels in Bitcoin trading. On November 14, 2008, two months after the collapse of Lehman Brothers short-term IV reached record highs of 65%. Additionally, the prices offered above have a significant bid offer spread, meaning you pay a big premium to deal. Some of the spreads are as high as 6%." 6% spread, 200% IV, what is there not to love?
I estimate around 150 vole, back of the envelope based on the lowlife that trade it Vol showing a low lower than that, too low imo Very low volume on that platform