How can I effectively sell calls and puts in the world of digital currencies?

1 answers

• Nov 27, 2021 · 3 years ago
  Selling calls and puts in the world of digital currencies requires careful consideration and risk management. It's important to have a clear understanding of the options market and the specific risks associated with selling calls and puts. One effective strategy is to focus on selling options with a high probability of expiring worthless. This can be achieved by choosing strike prices that are far out of the money and selecting options with shorter expiration dates. By doing so, you can collect premium while minimizing the risk of the options being exercised. When it comes to platforms or exchanges, it's recommended to choose a reputable and regulated platform that offers options trading for digital currencies. This ensures the safety of your funds and the integrity of the trading environment.
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