Well written, worth a read
The scale and awareness of crypto options and US stock options are vastly different
Traders in the crypto space have yet to fully recognize the value of options!
PANews
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Perpetual contracts are thriving, so why not options?
Authors: Sumanth Neppalli, Joel John
Translated by: Luffy, Foresight News
Do you remember Sam Bankman-Fried? He once worked at Jane Street, later becoming known for his 'effective altruism' experiments and misappropriating funds. Over the past month, Jane Street has made headlines for two reasons:
First, allegedly assisting a coup; second, conducting arbitrage trading experiments in the Indian options market (also allegedly, since I can't afford a lawyer who can beat them in court).
Some of these trades are so large that the Indian government decided to ban Jane Street's operations in the country entirely and confiscated their funds. Matt Levine provided an excellent summary of this in his Bloomberg column; to make a long story short, this 'arbitrage' operates as follows:
Translated by: Luffy, Foresight News
Do you remember Sam Bankman-Fried? He once worked at Jane Street, later becoming known for his 'effective altruism' experiments and misappropriating funds. Over the past month, Jane Street has made headlines for two reasons:
First, allegedly assisting a coup; second, conducting arbitrage trading experiments in the Indian options market (also allegedly, since I can't afford a lawyer who can beat them in court).
Some of these trades are so large that the Indian government decided to ban Jane Street's operations in the country entirely and confiscated their funds. Matt Levine provided an excellent summary of this in his Bloomberg column; to make a long story short, this 'arbitrage' operates as follows:
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