Weekly $BTC and $ETH options trades on @BitopexIO 4 losses in 47 months so far Expiry: August 7 Naked contracts sold: ➡️BTC: $55K puts or 13% away from current price, pays only 0.35% ➡️ETH: $2.1K calls or 11% away, pays 1.12% Looking at premiums, the options market is very bearish right now. The premium makes it very tempting to choose $58K strike, but my spider senses are telling me to sit this one out, so I'm going heavy in the ETH trade and the leftover goes into the BTC ''sitting this one out'' trade. p.s.: premiums for both XRP and SOL are absolutely horrible; way too close to the current price; way too risky. Hard pass for me.
RicardoShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.