55 Contracts Mark First Day of Bitcoin Options on CME

Source: iStock/pick-uppath
Following the launch of bitcoin options trading on the Chicago Mercantile Exchange (CME) yesterday, the exchange reported that 55 options contracts changed hands during the first day of trading.
Each options contract at the CME represents a right, but not an obligation, to buy one bitcoin futures contract, which in turn represents 5 bitcoins. That means bitcoin options  Read more »
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