30 Days Ethereum Call options Trading Challenge (Deribit)

Updated: 1 December, 2020 seen 176

I've been introduced to the amazing world of options trading via stocks about 2 years ago, soon I started to investigate can we trade options also on cryptocurrencies, and here is how I found the Deribit crypto options trading platform.

On Deribit.com I've been trading crypto options with various success since April 2019, unlike stock options, crypto options are cash-settled in crypto, which can make this bit complicated, make sure to read out my previous article on this topic;

I've decided to launch another cool challenge - trading small bits of Ethereum every day for the next 30 days, starting yesterday (November 26, 2020)

Here is the plan - I will sell out of the money call options with one-day expiry (1DTE), I'm looking at a 0.2-0.3% potential income yield every day. My starting balance ETH 0.18, which allows me to sell 1 contract (margin requirement). At the start of December, I will purchase more ETH and will try to make at least two contracts per day.

If I will make any profit at the end of this challenge, I might scale up in 2021. 

All updates will be shared.


Hi! My name is Reinis Fischer (38), a proud dad and devoted husband. CEO and Founder of Terramatris crypto hedge fund, drone enthusiast, world traveler, photographer, and passionate lover of Georgian cuisine (vegetarian).

An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.