1/ Going to use this thread to post links to a few useful resources. For any google docs just download a copy to your own drive if you want to edit.
First up a very simple google sheet to show the P/L graph of BTC options (fees not included):
https://t.co/qDnyEqz9Hu
Basis is in the toilet, and has generally been heading steadily lower for many months. Zero incentive to do standard basis trades currently as holding cash/bonds/USDC pays better.
Cross exchange funding arbs still available though for those willing to do a bit of extra work.
@HD_Derive@Amberdataio@skewdotcom@coinbase On a drive at Coinbase somewhere I assume. Coinbase bought them in 2021.
As Deribit is also now part of Coinbase, there could be something to benefit from there I think.
https://t.co/7tqD4cyfps
No more free option metrics from @Amberdataio after April 😭
Who remembers @skewdotcom ? They were bought by @coinbase and the website was discontinued for some reason, but I believe the code is all there still ready to be rebooted. Maybe we should add it to the Deribit website? 🤔
Not many people share losses on here.
Honorable thing to do instead pretend every trade is a win.
Refreshing to see despite the outcome.
You'll make it back king @cryptarbitrage
@HD_Derive No worries. Definitely! Even in the announcement post at that time, it was being sold as a time saver rather than a security solution.
Unlocking US will be huge. Soon ™️
Hopefully on chain options explode in popularity too.
@PelionCap Also half the people copying it to post don't even realise that expiry is in the morning, so they often post well after the expiry has already happened 😂
@vs62187383@satoshiheist@Lighter_xyz@vnovakovski You would hope if the cross margining between spot amd perps is done well it at least shouldn't liquidate due to price alone, but ADL would still be a concern indeed.