Deribit 与美国大选相关的新比特币、以太币期权获得加密货币交易商的好评

交易员表示，这些选项将有助于定义风险并保护资本免受二元事件前后预期波动的影响。

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.

加密货币期权交易所 Deribit 将于周二推出新期权，允许交易者根据其比特币 (BTC) 和以太币 (ETH) 头寸对 11 月 4 日关键的美国总统选举结果进行押注。

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.

该交易所将提供 BTC 和 ETH 期权，期权将于 11 月 8 日到期，即 11 月 5 日选举结果公布三天后到期。在 Deribit 上，一份期权合约代表 1 个 BTC 或 ETH。

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

交易员表示，这些选项将有助于定义风险并保护资本免受二元事件前后预期波动的影响。

"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.

“美国大选是风险资产（包括加密货币）的焦点，将对财政政策和金融稳定产生二元效应。期权是对冲这种不确定性的重要工具，因此 Deribit 列出这一主题是很自然的，”杰夫STS Digital 的高级交易员安德森告诉 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.

即将到来的选举对于加密货币来说可能是最重要的，因为共和党候选人唐纳德·特朗普最近拥抱了数字资产，与他的竞争对手现任总统乔·拜登不同。尽管特朗普尚未提出加密货币监管的详细建议，但他最近与比特币矿商的接触以及他承诺出席即将举行的纳什维尔会议，为他赢得了业界的支持，将比特币和更广泛的市场作为对他总统任期的赌注。

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，比特币和以太坊在选举前后的价格波动可能会加剧，这迫使投资者更加关注使用期权等衍生品来对冲其投资组合。期权提供针对标的资产看涨或看跌价格变动的保险。看涨期权可以防范上行波动，而看跌期权可以对冲价格下滑。

"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.

“如果交易者认为，由于二元头条事件，某种资产可能会在任一方向发生爆炸性走势，他们可以购买跨式期权，即买入相同执行价格的看跌期权和看涨期权，其到期日在头条事件之后，”全球衍生品巨头芝商所的题为“在选举年使用股票期权”的解释者说道。

"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.

“我们经常看到这类交易是在重大宏观经济发布或公司盈利报告发布之前进行的。如果标的资产偏离执行价格的幅度大于期权成本，那么交易就会有利可图，”解释者补充道。

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

Deribit 的选举到期选项将于世界标准时间 7 月 18 日 8:00 上线。

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

传统市场交易者在面临美国大选或结果不确定的企业盈利等二元事件时，会使用期权来管理其风险敞口。