Weekly BTC and $ETH options trades on @BitopexIO 5 losses in 49 months Sold the following contracts expiring Sept 25: Naked $87K BTC calls Naked $3.1K ETH calls BTC strike is nearly 10% away and ETH strike is 20% away, so pretty safe imo. Sure, BTC can pump 10% real fast, but I see more downside as more likely. Indeed, I chose to sell calls vs puts because we may well be in a wage 4 downtrend + $83K ceilling is strong + there are several key resistance levels between $83K and $87K to protect me. I hope I won't have any nasty surprises!
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.
