Exchange giant Nasdaq is set to list options contracts for Coinbase stock.
The listing will take place on Tuesday, a Nasdaq representative told Reuters on Monday. Stock options give traders the right, but not the obligation, to buy or sell a stock at an agreed-upon price and date.
There are two types of options: puts, which is a bet that a stock will fall, and calls, which is a bet that a stock will rise.
Options trading has exploded in recent months, reportedly thanks to the coronavirus pandemic and commission-free trading offered by popular mobile investing apps like Robinhood.
While options can provide substantial profit opportunities as they offer leverage, they can be risky if the predicted price change does not occur before their expiry date. Risk, however, is limited to the premium paid for the option.
The Block Research was commissioned by Forte to create “Blockchain-Based Gaming: A Primer” which provides a comprehensive introduction to how blockchain technology is being employed in video gaming experiences.
“It’s a global development.” On this episode of The Scoop, 10T Founder and CEO Dan Tapiero joined host Frank Chaparro to discuss his insights into the globalization of crypto markets and how his macro investing strategy has seen his fund 10T pour hundreds of millions into crypto unicorns. To date, Tapiero has already allocated the […]
The U.S. Securities and Exchange Commission is said to be allowing the first Bitcoin futures exchange-traded fund (ETF), per a Bloomberg report. The publication said in a report on Thursday night that the U.S. regulator “isn’t likely to block the products from starting to trade next week,” citing people familiar with the matter. The report […]