Buy Bitcoin Options
When you buy an option, you will pay the seller the $ premium at time of trade. You need dollars in your account to purchase options. See Fund Your Account.
100 Mini Contracts = 1 Bitcoin
Buying a call: you are paying for the option to buy bitcoin at the strike price on the expiration date. See Buy Call Options to learn how to buy calls on LedgerX.
Buying a put: you are paying for the option to sell bitcoin at the strike price on the expiration date. See Buy Put Options to learn how to buy puts on LedgerX.
Sell Bitcoin Options
To sell a call, you need to deposit BTC. To sell a put, you need to deposit the strike price in dollars. See Fund Your Account
100 Mini Contracts = 1 Bitcoin
Selling a call: you collect a premium at time of trade; you are obligated to sell bitcoin at the strike price if you're assigned. See Sell Call Options to learn how to sell calls on LedgerX.
Selling a put: you collect a premium at time of trade; you are obligated to buy bitcoin at the strike price if you’re assigned. See Sell Put Options to learn how to sell puts on LedgerX.