Thanks.
Do you do option spreads at all?
CME Crypto Futures & Options
- Thread starter NeuralNet34
- Start date
Do you do option spreads at all?
There is a Singapore based Tehc platform paradigm that allows block spreads from MMs which are then settled on Deribit and other exchanges..., they say Deribit margins spread as a spread! that is what I got when I talked to them but may not be correct ,
Spreads happen, but I don't enter trades with spreads in mind, I mostly:
1. Buy protective puts against BTC hodlings (rarely speculate with long calls)
2. Rarely manually watch relative IV and take the other side of dislocations in the surface -- mostly just proving ideas to myself...
...and hoping to start automated trading market making type strategies there before too long
it's unfortunate that positions have to be fully collateralized, but I've read they've filled out the paper work to offer margin (that would make things so much easier)
Based on info from here (thanks!) and elsewhere, it looks like the best for me, at least long term, would actually be Deribit and Binance with a VPN.
Doing so is not illegal for us as U.S. traders (providing you file the taxes properly). The exchange just has to be able to have evidence ready for U.S. regulators that it is not soliciting/encouraging U.S. resident traders.
Also the CME micro options although they are very limited in comparison.
Doing so is not illegal for us as U.S. traders (providing you file the taxes properly). The exchange just has to be able to have evidence ready for U.S. regulators that it is not soliciting/encouraging U.S. resident traders.
Also the CME micro options although they are very limited in comparison.
How regulated and safe are Deribit and Binance compared to CME!
That is an excelled point that will certainly be an important consideration for many people. It appears that Deribit is not regulated. Binance is regulated in some countries. Binance.US is regulated in the US with a much reduced set of offerings.
I did say "best for me." I see I said "long term" but what I meant was "after I use CME initially.. The whole thing would just be a protype with low funding, so I would not care too much about regulation. I am looking at a basket of crypto currency perpetuals so I need more that what CME has right now. Perhaps I can redesign to just use the data of the perpetuals and do the actual trading only on the CME.
But see
https://cryptowat.ch/exchanges and select Derivatives and sort by volume
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Sure CME does not offer as much as these other "exchanges" offer but then again the chances of entire exchange disappearing like that Canadian guy who died overseas and took the key with him ! What are the chances that CME disappears overnight ! that was my point
That was already debunked as bogus.
The investigation proved it had been a fraud. The surviving business partner has a proven track-record of fraud and a prior prison sentence for it. The two of them even got together in order to set up a crypto-exchange fraud scheme.