Post
Topic
Board Speculation
Re: MASSIVE options order on apex.co
by
Bugpowder
on 18/02/2014, 04:57:59 UTC
Well, the MPOE bot stopped quoting due to "exchange divergence"

BUT, that guy short the 24,000 contracts is dead.

($5000-$430)/$430 * 0.1BTC * 24,000 contracts - 10000 BTC proceeds from original sale = about a 15,500 BTC  loss at the moment...

EPIC loss.  Complete annihilation of a trading account which was worth >$10,000,000 a few weeks ago.



Is it over? Doesn't he have until the end of the month?

Depends if he was stopped out.  Since bot still is not quoting, I think he is OK.