How To Sell Covered Calls with Solana on ByBit


ByBit is my new favorite crypto trading platform, I switched from Deribit to ByBit around August 2023, with the launch of TerraMatris crypto hedge fund. I like trading on Bybit because, unlike on the Deribit, options are settled in USDC, not in crypto itself, which makes it much easier to calculate and actually grow the portfolio.In this article I will shed some light on how I'm selling covered call options on Solana using ByBit trading platform.Before that, make sure to check out my previous…

How to Sell Covered Calls on Crypto (Ethereum) on Bybit with Futures


Selling covered calls on crypto might sound like a daunting task, but actually is quite easily doable. Unlike in the stock market, where actual shares are delivered when trading put or call options, in crypto things work a bit differently. The main difference between stock and crypto options - in crypto, options are settled in crypto itself, meaning there is no actual delivery of shares or crypto, just settlement. One way to trade covered calls with crypto would be to buy actual crypto on the…

How To trade Bitcoin Derivatives on Bybit


Bybit is one of the fastest-growing cryptocurrency exchanges, with more than 2 million registered users. You can buy and sell crypto instantly, or trade popular coins across different contract types as you’d like. I first heard about ByBit a couple of months ago while was looking for some YouTube videos on crypto day-trading, where most of the crypto traders were mentioning ByBit. As I was already used to trading crypto options and bitcoin futures with Deribit I didn't even consider switching…