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0 pointszeusk9y ago0 comments

> 50x leveraged short contract

This is partly why SEC wants underlying to be regulated.

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3 comments · 1 top-level

chillacy9y ago· 2 in thread

What's stopping him from doing a similar thing by selling deep OOTM options off of money he borrows on his margin account at any other broker?

vostok9y ago

Deep out of the money options have optionality whereas BitMex contracts are delta 1 products. They have literally nothing in common. The relevant difference in this case is that the option caps your upside.

chillacy9y ago

My point is that risky financial plays are still possible even in the SEC regulated market. Maybe I misunderstood the parent poster though.

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