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?
I think someone mentioned before that it probably should be displayed the other way around.
Strike - Premium = Price, instead of what it is right now with Strike + Premium = Price
There's a few places I need to fix that.