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NXT put option
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Author Topic: NXT put option  (Read 1118 times)

bitme

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NXT put option
« on: December 13, 2014, 06:23:08 pm »

Some of nxters tend to get nervous about price from time to time . It's a known fact that sky is always waiting to fall.
 If you want to secure yourself against price crash in 2015 this is sth for You
It's a put option for 1000 NXT - by buying it you gain the right to sell 1000 NXT to me at strike price at any time before the expiration date.

Each option gives the right to sell 1000 NXT
Type :american put option
Strike price (nxt/btc): 0.00003
Expiration date : 12-31-2015 23:59:59 GMT


Execution procedure:

If you want to get nxt:
Transfer assets to NXT-T9BX-5G25-VTNC-8LZ9S  and add your NXT address in the message. I will send You :

N*1000*(Sp-Cp)/Cp

If you want to get btc:
Transfer assets and amount of NXT you wish to sell to NXT-T9BX-5G25-VTNC-8LZ9S  with your btc address in the message. I will send You :

N*1000*Sp

Where:
Sp - Strike price
Cp - Current price - 24h weighted average transaction price from highest volume exchange
N - number of put option assets



asset name : NxtPutOpt
assetid: 14022237050422413973

« Last Edit: December 15, 2014, 07:56:56 pm by bitme »
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