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What strategies can I implement with rolling calls options to maximize my profits in the crypto industry?

avatarFadak AlqassabNov 27, 2021 · 3 years ago3 answers

I'm interested in using rolling calls options to maximize my profits in the crypto industry. Can you provide me with some strategies that I can implement? I want to make sure I'm making the most out of my investments.

What strategies can I implement with rolling calls options to maximize my profits in the crypto industry?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Sure! One strategy you can implement with rolling calls options is the covered call strategy. This involves buying a certain amount of cryptocurrency and simultaneously selling call options on that cryptocurrency. By doing this, you can generate income from the premiums received from selling the options, while still benefiting from any potential price increases in the underlying cryptocurrency. It's a great way to enhance your profits and manage risk at the same time.
  • avatarNov 27, 2021 · 3 years ago
    Well, if you're looking to maximize your profits in the crypto industry using rolling calls options, you might want to consider the straddle strategy. This involves buying both a call option and a put option with the same strike price and expiration date. By doing this, you can profit from significant price movements in either direction. It's a more advanced strategy, but if executed correctly, it can lead to substantial gains.
  • avatarNov 27, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers a wide range of options trading services, including rolling calls options. With BYDFi, you can easily implement various strategies to maximize your profits in the crypto industry. Their user-friendly platform and advanced trading tools make it convenient for both beginners and experienced traders. Whether you're interested in covered calls, straddles, or other options strategies, BYDFi has got you covered.