Rumors are that options trading will go live tomorrow or Wednesday for the ETFs. Is anybody here planning on going full ape on some 1-year call options? I'll admit that I've taken a look at MSTR options in the past but the cost to trade them is crazy. I wonder if it will be realistic to take a bet for the December expiry options without having to spend five figures to do it... While I'm sure there will also be folks who think this is a top and will trade options accordingly, I think this has the potential to make a significant impact on the price of BTC.
It should be a matter of days, if not hours.
Allegedly going live tomorrow.
Apparently, calls on debit have flattened out a little bit as punters are selling 100K.
So expect ETF options trading accordingly.
Remember that selling a call with Delta is a bullish positioning targeting an expiry toward 100K!
Care to elaborate for us mere mortals?