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# šŸ—£ā”‚general
  • and anyway making a call seems less atractive unless i wanna sell the call to someone
    t
    and anyway making a call seems less atractive unless i wanna sell the call to someone
  • Otherwise id just buy tokens for myself
    t
    Otherwise id just buy tokens for myself
  • to me seems like puts on sigmao open up new trade strategies that could create a more liquid market
    t
    to me seems like puts on sigmao open up new trade strategies that could create a more liquid market
  • Well in this market u can create a call option and sell it for $2 strike price for like .30c.
    t
    Well in this market u can create a call option and sell it for $2 strike price for like .30c.
  • (re @Bye : *The happiest 5-word sentence I could ever hear...*) wen-erg-moon-i''m-homeless
    t
    (re @Bye : The happiest 5-word sentence I could ever hear...) wen-erg-moon-i''m-homeless
  • Thatā€™s bearish
    t
    Thatā€™s bearish
  • (re @NoahErgo : *to me seems like puts on sigmao open up new tr...*) Ok. Now Iā€™m gonna look when I wake up
    t
    (re @NoahErgo : to me seems like puts on sigmao open up new tr...) Ok. Now Iā€™m gonna look when I wake up
  • (re @dadreboi : *Well in this market u can create a call option...*) Sry can you explain what u mean
    t
    (re @dadreboi : Well in this market u can create a call option...) Sry can you explain what u mean
  • If I think ergo will go down.
    t
    If I think ergo will go down.
  • I will sell call options for a strike price at 2$ for .20c. Then. If ergo goes above $2 they have the right to buy ergo from me for $2.
    t
    I will sell call options for a strike price at 2$ for .20c. Then. If ergo goes above $2 they have the right to buy ergo from me for $2.
  • But if erg never gets to $2 I keep the .20 per erg that I promised them
    t
    But if erg never gets to $2 I keep the .20 per erg that I promised them
  • dump it
    t
    dump it
  • If it does go above $2. Letā€™s say it goes to $3 before date
    t
    If it does go above $2. Letā€™s say it goes to $3 before date
  • I then have to sell them erg for $2
    t
    I then have to sell them erg for $2
  • So means ID lose out
    t
    So means ID lose out
  • Cause itā€™s worth $3
    t
    Cause itā€™s worth $3
  • And they essentially bought it from me for $2.20
    t
    And they essentially bought it from me for $2.20
  • I see what you mean. But that would require somebody buying your call option right?
    t
    I see what you mean. But that would require somebody buying your call option right?
  • Yes
    t
    Yes
  • Right ok
    t
    Right ok
  • Puts seem like they can be played as a more solo trade if you are concerned about lack of buyers on option market
    t
    Puts seem like they can be played as a more solo trade if you are concerned about lack of buyers on option market
  • but theres probably many ways to play
    t
    but theres probably many ways to play
  • So u played a put against the house? Or there was one for u to buy already?
    t
    So u played a put against the house? Or there was one for u to buy already?
  • Options are a beast. A good infographic on the site would be great for users
    t
    Options are a beast. A good infographic on the site would be great for users
  • Lots of 'options' with options heh
    t
    Lots of 'options' with options heh
  • (re @dadreboi : *So u played a put against the house? Or there ...*) created a put that i plan to exercise within the month
    t
    (re @dadreboi : So u played a put against the house? Or there ...) created a put that i plan to exercise within the month
  • if token price goes down i can exercise and make a profit by buying and then selling at strike pric
    t
    if token price goes down i can exercise and make a profit by buying and then selling at strike pric
  • if token price goes up then ill just not exercise it
    t
    if token price goes up then ill just not exercise it
  • (re @seedubya : *Options are a beast. A good infographic on the...*) @theta_decay is working on documentation
    t
    (re @seedubya : Options are a beast. A good infographic on the...) @theta_decay is working on documentation
  • (re @NoahErgo : *@theta_decay is working on documentation*) Awesome
    t
    (re @NoahErgo : @theta_decay is working on documentation) Awesome
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