Welcome, to another type of options income reports  - crypto options - a new blog series covering monthly earnings I've made from crypto options trading (puts and calls). 

In last June I started to sell Ethereum options on Deribit derivatives trading platform.  

N.B. I learn as I go, anything written here should be taken with a grain of salt, I'm no expert or certified financial advisor. Investments in stocks, options, funds, bonds or crypto are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset. 

Disclosure: This article contains affiliate links to deribit.com options trading website, by clicking on links on this page and by making an investment on derbit.com Bitcoin and Ethereum derivatives trading platform, I might earn affiliate income at no cost to you. Also, I'm not a financial advisor and I don't give you any advice, I'm just sharing my own experience. Investments in stocks, funds, bonds or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset. 

Shameless affiliate link here: Signup for Deribit account here

Instrument Quantity Premium ETH
ETH-12JUL19-360-C 1 0.0346
ETH-26JUL19-400-C 1 0.0466
ETH-27SEP19-760-C 1 0.0296
ETH-26JUL19-500-C 1 0.0166
ETH-12JUL19-420-C 1 0.0126
ETH-5JUL19-370-C 1 0.0116
ETH-27SEP19-200-P 1 0.0496
ETH-26JUL19-200-P 1 0.0066
ETH-12JUL19-240-P 1 0.0096
ETH-5JUL19-270-P 1 0.0146
  Total 0.232 ETH

With the exchange rate 1 ETH = $308.97 at the end of June 2019, 0.232 ETH was worth of $71.68

In total, I sold 10 Ethereum options - 6 calls and 4 puts.

All, but one with expiration dates in July. The premium collected range from 0.06% up to 4.96%

I prefer selling covered calls over naked puts, but as crypto options trading is new to me I'm still learning.

Goals for June 2020

Unlike with regular options income or dividend income forecasting or setting goals for crypto options after a year might be a daunting task.

Seriously, I have no idea where this journey will take me after a year. But let me say this I'm looking to take about $600 in crypto options trading in June 2020

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