crypto options

Selling covered calls, together with credit spreads is one of my favorite income-generating strategies in the stock market in the form of options premium. A few years ago I decided to test the idea of selling covered calls on cryptocurrencies as well, but things were a bit different like in the stock market. Unlike the stock market where your shares get assigned or called away, crypto options (at least on the Deribit platform) are settled in crypto itself. . In this article I made some…

A time ago I did a lot of crypto options trading, I have made several articles and a few YouTube videos on this topic already, in general, from my own experience I'm quite negative about crypto options as long as they are settled in crypto itself. Time after time re-evaluate my previous findings, so did happen today - I decided to test one more time idea with covered calls on Deribit. (spoiler, the findings still are not satisfactory)  Quick research, with ETH trading at $3,280 on April 8,…

This is a quick follow-up post to my original idea of experimenting with writing crypto covered calls on Ethereum and Bitcoin, I started at the end of November 2020This is not the first time I'm selling options on crypto, in fact, I've been doing so for the last two years. This is the first time I'm applying one trading strategy only. About 3 years ago I was very enthusiastic about crypto mining and I was building my Ethereum mining rig, which at it's high was earning about $5.5 per day. See: …