Thanks for the service bitoption! I'm having fun playing around with a few bitcoins. One question: (This is probably a dumb question, but I'm just learning about options and haven't figured out all the proper terminology.) On the "My Contracts" page what is "Est. Value"? Is that short for "Estimated Value of the Contract"? If so, how is this calculated? Is it based on current BTC/USD rate, or recent prices of similar contracts?

Thanks.