5 ms·
There is nobody selling credible long term deep OTM puts.
by 21 8y ago
There is nobody selling credible long term deep OTM puts.
- DINKDINK 8y agoDefine credible
- JumpCrisscross 8y ago> Define credible Will be (a) solvent and (b) willing and able to pay out if Bitcoin goes to, essentially, zero. "Willing" is an important limiter because when assets catastrophically crash they tend to take out their pricing infrastructure. So two parties may reasonable disagree about what something is worth at the time of option settlement.