When will Bitcoin options start trading?

I am tempted to short Bitcoin, but it is too volatile. I would think about buying Bitcoin put options -- when will they be listed?

In the limit of infinite volatility, the value of a put option is the discounted value of the strike, so there may not be too much upside in Bitcoin put options when they do get listed.

 

https://www.deribit.com/main#/options

check the implied volatility on this otc exchange.

 

There is no talk of adding options in the near term.

 

CBOE must be thinking about it as soon as they get a few days data in the futures.

 

That upper bound only works in theory, too. Imagine a market maker that sold a put on bitcoin. He collected full notional of premium but he is now long. Since he is under obligation to show you an unwind level (which will be, obviously, a theoretical bound again), there is a distinct possibility he’s going to lose money on this trade - either he leaves it unhedged and loses in a sell off or he hedges his delta and BTC triples overnight.

 

I can’t imagine a sane person that would make markets in volatility on this beast. Even if you call the vol right, between gaps, unpredictable liquidity and uncertain regulatory future, most people will stay away

 

It is very wide market at https://www.deribit.com/main#/options

 

Even stockbrokers have not wanted to make quotes in bitcoin or any other cryptocurrency, for fear of government reprisals, remember that until now there are few bankers and politicians who see a development in cryptocurrencies

 

I would have, back in the day, I would just have played small.

 

[QUOTE = "Robert Morse, post: 4562658, miembro: 495374"] Hubiera querido, hace poco, jugar en pequeño. [/ QUOTE]
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