THE CRYPTO RUNDOWN 54: Moving On Up

THE CRYPTO RUNDOWN 54: Moving On Up HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CRYPTO HOT SEAT SEGMENT GUEST:  JAMES PUTRA, TRADESTATION CRYPTO, HEAD OF PRODUCT STRATEGY WHAT IS YOUR BACKGROUND? WHY LAUNCH TRADESTATION CRYPTO? WHAT DO YOU TRADE AT TRADESTATION CRYPTO? CRYPTO EXCHANGES VS. BROKERS BITCOIN BREAKDOWN SEGMENT ANALYSIS OF CURRENT BITCOIN TRADES, TRENDS, VOLUME, VOLATILITY, SKEW AND MORE BITCOIN IS ON FIRE THE ALTCOIN UNIVERSE SEGMENT ANALYSIS OF CURRENT ALTCOIN TRADES, TRENDS, VOLUME, VOLATILITY, SKEW AND MORE CRYPTO QUESTIONS SEGMENT QUESTION FROM E: WHILE I AM AT HOME DURING THIS QUARANTINE, WHAT ARE YOUR THOUGHTS ABOUT ME DAY TRADING CRYPTO? FUTURES, OPTIONS OR JUST PLAIN SPOT? QUESTION FROM VICTOR: ARE THE MULTIPLIERS THE SAME FOR CRYPTO OPTIONS? SO IF I SELL ONE PUT DO I GET 100 COINS? WHAT ABOUT THE CONTRACT SPECS? DO THEY ALLOW EARLY EXERCISE? ALSO - DO THEY WORK THE SAME. FOR EXAMPLE, IF I SELL A PUT SHORT CAN I USE THAT TO GET INTO A LONG $BTC POSITION OR ARE THEY CASH SETTLED? INTRIGUED BUT SO MUCH CONFUSION ON MY END.  QUESTION FROM ELE5: WHAT IS GOING ON WITH BAKKT CRYPTO? THEY LAUNCHED TO A LOT OF FANFARE AND HAVE RAISED HUNDREDS OF MILLIONS. IT SEEMED LIKE EVERYONE WAS INTO THE PHYSICALLY-SETTLED CONTRACTS BUT THAT HASN'T TRANSLATED INTO VOLUME? QUESTION FROM JJLC:  WHICH OF THE MAJOR BROKERS DO YOU FEEL HAS THE BEST CRYPTO PRESENCE? COMMENT FROM BIGSIZE: THX FOR THE CRYPTO RUNDOWN. I TUNE IN RELIGIOUSLY EVERY WEEK FOR MY FIX. WHY IS NO ONE ELSE OUT THERE TALKING ABOUT CRYPTO DERIVATIVES?