The U.S. Securities and Exchange Commission (SEC) has just granted approval for the listing and trading of options on BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).
The approved options on the iShares Bitcoin Trust will be physically settled, meaning that when the option is exercised, Bitcoin will be delivered to fulfill the contract. These American-style options can be exercised at any time before the expiration date, providing flexibility for traders. According to the SEC, the listing will follow the same rules as options on other exchange-traded funds (ETFs), including position limits and margin requirements.
SEC Approves Options Trading on BlackRock’s Spot Bitcoin ETF
byu/NewBlock inwallstreetbets
Posted by NewBlock
18 Comments
The most regarded of the regards only.
Nice. Black rock can’t fail. BTC is now finally here to stay. Was worried before this announcement.
Hell yeah now people can full port puts into BTC
American style options. What other kinds of options are there?
Prepare for six figure btc.
“Physically settled” here means delivery in ETF, not Bitcoin.
I’ll be in this sub to see the losses
Calls
Imagine the IV on those bad boys
🥵
This is fantastic. Personally when things are real low I’d rather buy a 3x leverage Bitcoin ETF than the regular one. Very low risk with solid rewards
I already tried making plays on bitx, fuck that irrational volatility.
And so the first prophecy began:
The end of days begins with a rock black throughout in avarice.
Bit shall be the name of the coin that will rise.
And when it falls so shall begin the fail of our kind.
Not grain nor gold nor gun will slow Satoshi’s scourge
Whales can actually move BTC prices. This is going to be interesting.
Woah how did you go from IBIT to getting bitcoin physically delivered ?
Ferrari clients🔺🔺
well well well 