Massive BNB Options Win: +245,500% Return 🤯 A trader just turned $50 into $41,263 💥 How? By leveraging BNB options on BitMEX, powered by PowerTrade Here's the breakdown 👇 The trader pulled off two BNB options trades: BNB 06Jun24 $680.00C • Entry Price: $0.01 • Mark Price: $24.56 • Return: +245,500% BNB 06Jun24 $700.00C • Entry Price: $0.01 • Mark Price: $4.56 • Return: +40,942% Total profit: $41,263 Congrats to the trader! Perp traders often overlook options, which offer more leverage and bigger gains with less capital. • Leverage: Options offer greater leverage • Defined Risk: Options have limited downside • Potential Gains: Options can offer higher returns Trade now! http://power.trade
PowerTrade
Financial Services
Trade crypto options and derivatives, BTC & ETH options available on mobile and web.
About us
PowerTrade, institutional grade crypto derivatives exchange. Trade options, futures and perpetuals on BTC, ETH, and Alts. Power Up Your Trading: - Strategies and RFQ: Trade entire structures. No minimums. - Institutional Custody: Copper for reducing counter-party risk. - Capital Efficient: Professional grade SPAN/ portfolio margin. - Multi-Collateral: Trade with multiple assets as collateral. - USD Terms: Trade and settled in US Dollar pricing terms. - Easy Integration: Seamless onboarding with FIX, Rest and more. RFQ - Instant Price Quotes Introducing RFQ, a powerful tool for traders to manage risk and obtain the best prices for large and complex trades. - RFQ Automation: Automated RFQ workflow. Anonymous two-way quotes. - Strategies: Execute complex trades with multiple options or futures contracts in a single order. - RFQ Stream: Easily compare two-way quotes. View and manage all your quotes in one place. Advanced Tools Master your trades using Trade Ideas and Strategy Explorer. Trade Ideas Trade Ideas simplifies trade idea creation and discovery. You can compose ideas in the RFQ, save them and share them. - Discover Ideas: Easily explore market opportunities. - Trade Smarter: Save time by capturing your ideas, trade later. - Collaborate Easily: Share your trade ideas with friends and colleagues. Strategy Explorer Introducing the Strategy Explorer. Find zero-cost trade structures or trades that pay you up front. - Limitless Possibilities: Endless combinations easily identified. - Find Free Trades: Generate upfront credits from some trades. - Trade Instantly: Just click the trade button to create an RFQ. Our Mission: Powering the future of crypto trading for pros and institutions. Our mission is to be the go-to institutional-grade crypto derivatives exchange, enabling professional traders to easily trade with confidence, by offering innovative products, best-in-class user experience and unparalleled customer support.
- Website
-
http://www.power.trade
External link for PowerTrade
- Industry
- Financial Services
- Company size
- 11-50 employees
- Type
- Privately Held
- Founded
- 2020
- Specialties
- crypto-options, RFQ, crypto derivatives, bitcoin, ethereum, and alt-coin options
Employees at PowerTrade
Updates
-
PowerTrade Altcoin Options Flow Update: 24-25 September Altcoin options trading volume surpassed $5.5M notional, with activity across 13 of the 50 altcoin option markets we have listed. SOL continues to dominate the flows, representing 59% of the total notional traded. The top other markets were WIF (14%), TON (10%), ENA (6%), BCH (3%), FET (3%), ARB (2%), and 7 other markets making up the remaining 3%. Option flow was split between 55% call options and 45% put options, reflecting a more balanced market sentiment compared to recent trends that showed a preference for calls. Largest Trades: WIF: A client bought $750,000 notional of the 25th September 2,400 Calls at a $0.08 premium (~159% implied vol). ENA: A seller executed a trade involving the 25th September 2,800 Put (132% IV) and 26th September 3,600 Call (165% IV), capitalizing on the high implied volatility after the recent rally. SOL: A client purchased $890,000 notional of the 25th October 90 Put at 90% vol as tail hedge protection for their portfolio. The total cost was ~$1,700 (0.2% of notional), a relatively cheap insurance against a sharp drop in SOL prices by the end of October. TON: A risk reversal trade saw a client sell the $5.6 Put and buy the $6 Call expiring 4th October, receiving $0.002 per TON option. The trade involved 20,000 TON options and reflects a bullish outlook on TON after its recent underperformance. Clients favored slightly longer-dated options: 28% of trades expire within 1 day, 7% within 2 days, 8% within 3 days, 28% within 1 week, 27% within 1 month. Total altcoin option open interest currently stands at $56M. SOL accounts for 38%, BNB 24%, XRP 23%, BCH 5%, TON 2%, WIF 1.5% of open interest. Get started on your altcoin option journey here: https://power.trade
-
PowerTrade Altcoin Options Flow Update: 17 September Altcoin options trading daily volume was $3M notional on 17 Sep. The trading activity was concentrated in SOL (44% of trades), XRP (17%), ICP (12%), POL (11%), ENA (10%), LINK (3%) and ONDO (3%). 87% of the trades were call options, and 13% were put options, indicating continued bullish sentiment. 14% of the traded options expire within 1 month and 7 days, 25% within 9 days, 25% within 2 days, 25% within 1 day, and 11% within 0 days. This distribution indicates a skewed preference for short-dated options. The total open interest in altcoin options is now $47.9 million, reflecting an increase of $0.91 million from the previous day. The 5 largest altcoin option trades were: 1) Buyer of 4,700 SOL ($629,832) 27 Sep $140 Calls at 67.15% Implied volatility (IV). 2) Buyer of 3,000 SOL ($401,430) 20 Sep $140 Calls at 65.9% IV. 3) Seller of 500,000 XRP ($291,269) 18 Sep $0.54 Calls at 70% IV. 4) Buyer of 600,000 POL ($207,800) 20 Sep $0.42 Calls at 70.9%IV. 5) Seller of 100 ENA10000 ($207,800) 17 Sep $2200 Calls at 111.8%IV.
-
PowerTrade Altcoin Options Flow Update:16 September Altcoin options trading daily volume of $4.9M notional on 16 September. The trading activity was concentrated in SOL (50% of trades), POL (25%), XRP (12%), ICP (8%), and ENA (5%). 85% of the trades were call options, and 15% were put options, indicating continued bullish sentiment. 48% of the traded options expire within 1 month and 8 days, 13% within 10 days, 4% within 3 days, and 34% within 1 day. This distribution indicates a skewed preference for long-dated options. The largest 3 trades were: 1) Buyer of 5,000 SOL ($655,200) 27 Sep $150 Calls at 81.5% implied volatility (IV). 2) Buyer of 516,000 XRP ($292,510) 25 Oct $0.56 Puts at 84.8% IV. 3) Seller of 60 KAMA ($33,264) 17 Sep $650 Calls at 237.5% IV. Here are the details of the first trades for ONDO, PAXG, PENDLE, ENA, and ICP. 1) Seller of 400 PAXG ($1,038,000) 17 Sep $2700 Calls at 51.53% implied volatility (IV). 2) Seller of 50 ENA ($104,900) 17 Sep $2250 Calls at 137.3% IV. 3) Seller of 80 ICP ($64,160) 17 Sep $880 Calls at 206% IV. 4) Seller of 80 ONDO ($47,528) 17Sep $640 Calls at 122% IV. 5) Seller of 10 PENDLE ($32,200) 17 Sep $3500 Calls at 142% IV. Total open interest stands at $47M.
-
We are very excited about the launch of FLOKI to bring option products to all their users. Here you can access our FLOKI option order books: https://lnkd.in/gGNi7Hmn We have expirations listed from 17 Sep until 29 Nov. You can start trading with as little as $0.05 allowing everyone to get access to FLOKI option products. Reach out or DM us if you have questions or want a 1-1 demo of our exchange.
-
PowerTrade Altcoin Options Flow Update: 13 September Altcoin options trading volume reached the second highest daily volume of $18.1M notional on 13 Sep. The trading activity was concentrated in XRP (50% of trades), POL (25%), BNB (12%), TON (8%) and SOL (5%). 60% of the trades were call options, and 40% were put options, indicating continued bullish sentiment among traders. After listing the 25th of October expiration, we saw strong institutional interest to take positions in XRP options after the Grayscale XRP Trust news came out. The largest 5 trades were: 1) Seller of 5.3M XRP ($2,982,647) 25 Oct $0.56 Puts at 92.6% implied volatility (IV). 2) Buyer of 1.5M XRP ($850,888) 25 Oct $0.56 Puts at 71.8% IV. 3) Seller of 4,000 BNB ($2,204,760) 25 Oct $550 Calls at 62.6% IV. 4) Buyer of 70,200 TON ($409,968) 14 Sep $5.2 Puts at 136.4% IV. 5) Buyer of 900,000 POL ($383,730) 15 Sep $0.46 Calls at 71.8% IV. Total altcoin open interest stands at $47M increasing almost 30% over the past day.
-
Bitcoin exploded above $60,000 and it seems the bulls are back in control. This has led to a strong uptick in BTC, ETH, and altcoin options activity, particularly POL, SOL, TON, and XRP. Our two election altcoins, TRUMP and KAMA, are seeing good first-client participation. Total exchange volume hit $43M driven both by large institutional RFQ block trades and retail orderbook executions. A client printed an interesting block trade on our RFQ interface today. He sold 25x BTC 56,000 Put and bought 50x BTC 60,000 Call reflecting a bullish outlook.
-
🏆 PowerTrade's Record-Breaking Week in Altcoin Options 🏆 Last week was big for PowerTrade, with unprecedented volumes in altcoin options. Here’s what went down: - SOL option volumes: Surpassed 78,000 contracts, totaling over $10M in notional value. - BNB option volumes: Nearly 10,000 contracts, reaching $4.2M in notional value. - DOGE, MATIC, XRP option volumes: Ranged between $250K and $500K in notional value. - First trades executed on DOT and AVAX options: 500 DOT 7 Aug 4.8 Calls sold 800 AVAX 7 Aug 23.0 Calls sold PowerTrade now boasts the largest altcoin options offering in the crypto industry, covering 24 cryptocurrencies, including ADA, APE, ARB, AVAX, AXS, BCH, BNB, DOGE, DOT, ETC, FIL, GALA, INJ, LINK, LTC, MATIC, PEPE, SHIB, NEAR, SOL, SUI, TON, WLD, XRP. Key features: • USDC settled European options • Min trade size: $0.01 • Expirations: From daily options to 25 Oct • Orderbook and RFQ block liquidity PowerTrade is where serious traders come for altcoin options. DM Bernd Sischka for pricing or to join the action.
-
🚨PowerTrade - July 2024 Market Update Skyrocketing Volumes and Unmatched Market Expansion: PowerTrade Dominates Altcoin Options Dive into the Hottest Markets and Maximize Your Trading Potential Today July Highlights Record-Breaking Volume Surge PowerTrade has shattered records with explosive growth. From January to July 2024, we witnessed: • Options: An extraordinary 31,500% increase. • Perpetuals: A staggering 15,600% rise. • Total Volume: Up an unprecedented 21,600%. Unparalleled Altcoin Market Expansion Our commitment to offering the most comprehensive altcoin options market is unmatched. We've expanded our offerings by 600%, growing from 4 to 24 pairs. The current coverage includes top tokens like ADA, APE, SOL, XRP, DOGE, and more, providing traders with a diverse and liquid market landscape. Dominating Liquidity and Pricing PowerTrade's liquidity and pricing are now the best across centralized and decentralized exchanges. Whether you're trading BTC, ETH, or the vast array of altcoin options, you can expect tighter spreads, deeper liquidity, and the most competitive prices in the market—all settled in USDC with minimal trade sizes. BTC & ETH Options PowerTrade continues to lead the market with tighter pricing and robust liquidity for BTC and ETH options. Our Block RFQ liquidity remains highly competitive, supporting sizes up to $100M notional for single and multi-leg structures, executed seamlessly in a single ticket. Altcoin Options Market Recap - July Expirations Reflecting on the July expirations, here’s a snapshot of at-the-money (ATM) volatilities for some of the most traded altcoins: • TON: Calls: 93% to 100%Puts: 90% to 97% • APE: Calls: 114% to 122%Puts: 126% to 133% • ARB: Calls: 134% to 141%Puts: 137% to 144% • SOL: Calls: 68% to 86%Puts: 64% to 82% • XRP: Calls: 70% to 98%Puts: 68% to 97% • BNB: Calls: 94% to 99%Puts: 94% to 99% • DOGE: Calls: 108% to 118%Puts: 109% to 119% • PEPE: Calls: 167% to 180%Puts: 165% to 176% • WLD: Calls: 144% to 150%Puts: 146% to 152% • AVAX: Calls: 112% to 118%Puts: 114% to 120% • ETC: Calls: 90% to 97%Puts: 90% to 96% • LINK: Calls: 110% to 115%Puts: 111% to 115% • MATIC: Calls: 101% to 113%Puts: 101% to 114% These volatility levels provide key insights into the price fluctuations of these altcoin options as they approached expiration, offering valuable data to shape your upcoming strategies. Stay Ahead with PowerTrade With record-breaking growth and an expansive market footprint, PowerTrade is your go-to platform for altcoin options trading. Take advantage of our superior liquidity, expansive altcoin coverage, and market-leading tools to elevate your trading game today.
-
Boost Your Gains with Option Leverage Option Leverage: A Misunderstood Tool for Higher Returns Many traders overlook the power of option leverage, mistakenly thinking it's too complex or risky. However, when understood and used correctly, options can significantly enhance your returns. Example: • Spot Purchase: ETH is trading at $3,500. You buy 1 ETH for $3,500. • Option Purchase: Buy 1-month 3400 ETH call options for $350 each. You can buy 10 options for the same cost as 1 ETH. Price Increase Scenario: • ETH increases by 10% to $3,850. • Spot Position: Value increases by 10%, from $3,500 to $3,850. • Option Position: Value increases by 10 * (3850 - 3400) = $4,500. • Net return: $4,500 / $3,500 = 28%. Price Decrease Scenario: • ETH declines by $150 to $3,700. • Spot Position: Decreases by $150. • Option Position: Value decreases by 10 * (3850 - 3700) = $1,500. Your option trade delivered a superior return thanks to the amplified leverage options offer. Unlock the power of leverage with PowerTrade options today. Maximize your returns. Trade options. Trade smarter.