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A comment on MicroStrategy's Bitcoin Debt Bet. Parent comment

Re:MicroStrategy's Bitcoin Debt Bet by nullc on Sunday December 13, 2020 @08:26PM (#25412382)
These things exist for Bitcoin though many of them are a bit immature for obvious reasons.

LedgerX, for example, is a US based physically delivered options clearing house for Bitcoin that supports both retail and institutional customers. I've been a customer since 2017 and so far I'm pretty happy with them.

(They do futures too, but right now their futures aren't particularly interesting).

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Re:MicroStrategy's Bitcoin Debt Bet by jerrymiller on Tuesday December 15, 2020 @09:19AM (#25430503)
May I ask how you trade options? I've bought a bunch of call options with $25k strike for 12/2021, and I think it will pay out handsomely ($38k is my break-even point, accounting for the opportunity cost of just straight-buying the bare BTC). What's your strategy?

BTW: fan of your work, Greg.

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