Author Topic: First Long-Term LedgerX Bitcoin Option Pegs Price at $10,000 (Read 740 times)

Cordillerabit · « **on:** November 21, 2017, 11:14:42 AM »

Called a Long-Term Equity Anticipation Security (LEAPS), the trade was matched by the platform this morning and is set to expire on December 28, 2018. Under the terms of the deal, the buyer has the right to buy bitcoin at a price of $10,000 at that date, or almost a 30 percent premium on today's price.

Chou said:

"There will be, I expect, a lot more trades down the line. This is the first one, but it at least gives you the first guess from different institutional traders as to what bitcoin's dynamics will look like from now until 2018."

https://www.coindesk.com/first-long-term-ledgerx-bitcoin-option-pegs-price-10000-one-year/

Altcoins Talks - Cryptocurrency Forum · « **on:** November 21, 2017, 11:14:42 AM »

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Delilonia · « **Reply #1 on:** November 23, 2017, 12:58:25 PM »

Is this news related to the leap project?

News:

Author Topic: First Long-Term LedgerX Bitcoin Option Pegs Price at $10,000 (Read 740 times)

Cordillerabit

First Long-Term LedgerX Bitcoin Option Pegs Price at $10,000

Altcoins Talks - Cryptocurrency Forum

First Long-Term LedgerX Bitcoin Option Pegs Price at $10,000

Delilonia

Re: First Long-Term LedgerX Bitcoin Option Pegs Price at $10,000