Deribit 與美國大選相關的新比特幣、以太幣選擇權獲得加密貨幣交易商的好評

交易員表示，這些選項將有助於定義風險並保護資本免受二元事件前後預期波動的影響。

Crypto options exchange Deribit will introduce new options on Tuesday that will allow traders to bet on the outcome of the pivotal U.S. presidential elections on Nov. 4, in the context of their bitcoin (BTC) and ether (ETH) positions.

加密貨幣選擇權交易所 Deribit 將於週二推出新選擇權，允許交易者根據其比特幣 (BTC) 和以太幣 (ETH) 頭寸對 11 月 4 日關鍵的美國總統選舉結果進行押注。

The exchange will offer options on both BTC and ETH that will expire on Nov. 8, or three days after the election results are due on Nov. 5. On Deribit, one option contract represents one BTC or ETH.

該交易所將提供 BTC 和 ETH 選擇權，選擇權將於 11 月 8 日到期，即 11 月 5 日選舉結果公佈三天後到期。

Traders said these options will help define risk and protect capital from expected volatility in the lead-up to and following the binary event.

交易員表示，這些選項將有助於定義風險並保護資本免受二元事件前後預期波動的影響。

"The U.S. election is a focal point for risk assets [including crypto] and will have a binary effect on fiscal policy and financial stability. Options are an important tool for hedging this uncertainty, so it's natural for Deribit to list this tenor," Jeff Anderson, a senior trader at STS Digital, told CoinDesk.

「美國大選是風險資產（包括加密貨幣）的焦點，將對財政政策和金融穩定產生二元效應。選擇權是對沖這種不確定性的重要工具，因此Deribit 列出這個主題是很自然的， 「傑夫STS Digital 的高級交易員安德森告訴 CoinDesk。

The impending election may be most important for cryptocurrencies, as Republican candidate Donald Trump has recently embraced digital assets, standing apart from his rival incumbent, Joe Biden. Though Trump has not yet set out detailed proposals for crypto regulation, his recent outreach to bitcoin miners and his promised appearance at the upcoming Nashville conference has won him the industry's support, establishing BTC and the wider market as a bet on his presidency.

即將到來的選舉對於加密貨幣來說可能是最重要的，因為共和黨候選人唐納德·川普最近擁抱了數位資產，與他的競爭對手現任總統喬·拜登不同。儘管川普尚未提出加密貨幣監管的詳細建議，但他最近與比特幣礦商的接觸以及他承諾出席即將舉行的納許維爾會議，為他贏得了業界的支持，將比特幣和更廣泛的市場作為對他總統任期的賭注。

As such, BTC and ETH could see increased price volatility in the lead-up to and after the elections, necessitating increased investor focus on using derivatives like options to hedge their portfolios. Options offer insurance against bullish or bearish price moves in the underlying asset. A call option protects against upside volatility while a put hedges against price slides.

因此，比特幣和以太坊在選舉前後的價格波動可能會加劇，這迫使投資者更加關注使用選擇權等衍生性商品來對沖其投資組合。選擇權提供針對標的資產買漲或看跌價格變動的保險。買權可以防範上行波動，而賣權可以對沖價格下滑。

"If a trader believed an asset may have an explosive move in either direction, as a result of a binary headline event, they could buy a straddle, which is buying the same strike price put and call, with an expiration date after the headline event," global derivatives giant CME's explainer titled "using equity options in an election year" says.

「如果交易者認為，由於二元頭條事件，某種資產可能會在任一方向發生爆炸性走勢，他們可以購買跨式期權，即買入相同執行價格的看跌期權和看漲期權，其到期日在頭條事件之後，」全球衍生性商品巨頭芝商所的題為「在選舉年使用股票選擇權」的解釋者說道。

"We often see these types of trades placed before a major macroeconomic release or a company earnings report. If the underlying asset moves further from the strike price than the cost of the options, the trade would be profitable," the explainer adds.

「我們經常看到這類交易是在重大宏觀經濟發布或公司盈利報告發布之前進行的。如果標的資產偏離執行價格的幅度大於期權成本，那麼交易就會有利可圖，」解釋者補充道。

Deribit's election expiry options will go live on July 18 at 8:00 UTC.

Deribit 的選舉到期選項將於世界標準時間 7 月 18 日 8:00 上線。

Traditional market traders use options to manage their exposure when facing binary events like U.S. elections or corporate earnings whose outcome is uncertain.

傳統市場交易者在面臨美國大選或結果不確定的企業獲利等二元事件時，會使用選擇權來管理其風險敞口。