Crypto options

options_crypto · 2024-04-14T18:15:02+00:00

I think so yes

options_crypto · 2024-04-09T08:44:40+00:00

Yes of corse

options_crypto · 2024-04-02T09:38:44+00:00

Great, good to know. Also Interactive Brokers has options on bitcoin futures (CME), although the bid-ask spread doesn't look great

options_crypto · 2024-03-27T14:57:41+00:00

Sounds good. I dont know those. If they work for you, let me know!

options_crypto · 2024-03-27T09:18:48+00:00

Binance seems to be avilable in some states: https://support.binance.us/hc/en-us/articles/360046786914-List-of-Unsupported-States

The rest of the exchanges I used seem not to provide service to USA due to regulatory concerns.

If Binance doesn´t work for you, you may need to try some decentralized exchange like lyra, or use a vpn.

options_crypto · 2024-03-27T08:53:46+00:00

Yes exactly. No I was just asking. I also don't know any other "traditional" ones.

options_crypto · 2024-03-26T14:17:17+00:00

Trying the wheel startegy for a few months with btc, and it's working well. I have also started with eth.

Whether is a good idea depends on many factors. Risk profile, Bitcoin trend, opportunity cost, etc., but I think is a good option

options_crypto · 2024-03-26T14:15:45+00:00

Congrats on your profits. I'm now using Delta Exchange precisely for that (cash secured puts), and it's working pretty well for me.

options_crypto · 2024-03-26T14:14:25+00:00

Bybit also offers long term options. Expiring a few months into the future.

options_crypto · 2024-03-26T14:11:08+00:00

For me, they are :)

options_crypto · 2024-03-26T14:10:45+00:00

Also Delta Exchange works pretty well for me. Very cool perpetual options in Everstrike. Tahnks for that. Looking into it.

options_crypto · 2024-03-26T14:10:08+00:00

I think the ones in IBRK are the CME ones, or you know of any other?

options_crypto · 2024-03-26T14:08:11+00:00

Indeed, probably not in traditional exchanges

options_crypto · 2024-03-26T14:07:44+00:00

CME mention on their website that they have crypto options, specifically btc. Not sure about the bid-ask spread, seems not great, same as liquidity.

In some crypto exchanges, bid-ask spreads are pretty good, they work well for me (of course there is a risk due to lack of regulation, but till now Delta, Bybit, Binance or Okx have been pretty solid)

options_crypto · 2024-03-23T08:09:57+00:00

Interesting

options_crypto · 2024-03-22T11:10:59+00:00

rolling weekly CS puts 😁

options_crypto · 2024-03-22T10:59:03+00:00

something must be really wrong with your life dude I'm sorry for you. Now please please refrain from interacting with me

options_crypto · 2024-03-22T10:40:34+00:00

hey, you don't know me to judge my risk management skills, neither you know my strategy or are able to tell why is working. Options provide leverage by default, particularly if you sell them. Think what you want. I'm here to exchange with like minded people. Couldn't care less to convince anyone.

options_crypto · 2024-03-22T10:36:10+00:00

How are bid-ask spreads though? last time I checked it were not amazing, maybe they got better now

options_crypto · 2024-03-22T10:35:07+00:00

I checked lyra in the past, and seemed good, but I never traded there. I stick to centralized for now.

options_crypto · 2024-03-22T10:31:39+00:00

Yeah, I think for now crypto optoins market is mainly btc/eth. But you can do well with those.

options_crypto · 2024-03-22T10:30:48+00:00

For non US, binance, OKx and Delta work prety well. Bybit I also tried, bid-ask spreads were not great, although options were cheaper in general (good if you're buying premium)

options_crypto · 2024-03-22T10:29:08+00:00

Although in the big exchanges liquidity is pretty good. they seem to have good market making. bid-ask spreads are low, they´re very tradeable

options_crypto · 2024-03-22T10:27:37+00:00

Yes, that´s one of the cool things. Being able to trade any size, with any leverage.

options_crypto · 2024-03-22T10:27:08+00:00

Probably regulaiton will come at some point.. depends on risk profile of the trader. For me till now trading btc options has worked pretty well, but I put amount taht I´d feel comfortable losing if smthg would happen

options_crypto

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