TCR 35: Going Down Under for Crypto Derivatives

HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP

CRYPTO HOT SEAT SEGMENT

  • Guest: Grant Colthup, CEO of Mine Digital
  • What is Mine Digital?
  • What sets mine digital apart from other crypto exchanges?
  • What products do you currently offer?
  • What is a retail crypto derivative?
  • Have you seen an uptick in demand over the past six months?
  • What types of trading activity are you seeing these days?
  • How difficult is it to generate demand for crypto derivatives when there isn’t a strong established derivatives market already in Australia?
  • It seems like Australia is becoming a leader in the crypto space.  Does it surprise you that Australia has emerged as a crypto mecca?
  • Do you think that U.S. will follow suit?
  • And more.

BITCOIN BREAKDOWN SEGMENT

  • CRYPTO DOWN $160 FROM LAST SHOW – NEARLY $500 POINT RANGE ON THE WEEK

BTC VOLATILITY

  • 30 DAY REALIZED: UNCHD AT 60% 

BTC OPTIONS VOLUME ON DERIBIT

  • LIGHT VOLUME WEEK
  • ONLY A FEW DAYS SLIGHTLY ABOVE $30M THIS PAST WEEK

OPTIONS TRADES OVER THE PAST WEEK

  • BUY 150 OCT 7000 PUTS
  • BUY 100 OCT 9500 CALLS 
  • (LAST WEEK IT WAS SELLING 163 OCT 9500 CALLS)

BTC VOL TERM STRUCTURE

  • SLIGHTLY BACKWARD IN FRONT CONTRACT
  • OTHERWISE SIMILAR TO LAST SHOW

BTC CALL/PUT RATIO

  • UP TO TO 58.5% FROM 54% 
  • CALLS STILL IN CHARGE – SLIGHTLY

BTC OPEN INTEREST

  • UP TO $443M FROM $409M 

CME BTC FUTURES

  • LIGHT VOLUME DAY/WEEK

THE ALTCOIN UNIVERSE SEGMENT

  • ETH:  DOWN $13 THIS WEEK
  • XRP – ALMOST EXACTLY UNCHD – HAD $.02 RANGE ON THE WEEK
  • LTC – DOWN $2.5 FROM LAST WEEK
  • BITCOIN CASH – UP $4 FROM LAST WEEK

CRYPTO QUESTIONS SEGMENT

  • QUESTION FROM RODRIGUEZ: What type of volumes are you seeing for the Bakkt futures so far?

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