Post
Topic
Board Securities
Re: [BTC-TC] Community Exchange w/ Options, DRIP, 2FA, API, CSV, etc.
by
lritter
on 23/05/2013, 10:30:14 UTC
Hey guys, got a primer on how the options on BTCT work? I think I understand the calls but I'm not so sure about the puts -- when a put has 2 btc strike and 1 btc premium it is shown as 3 btc cost -- but wouldn't the issuer of the option pass _me_ those 2 btc strike if i make use of it? Who gets the premium then? Him, right, so I would effectively get 1 btc from that operation - or am I misunderstanding something here?