Sold 8 covered call options on Solana crypto coin - potential income - 1.3% in 1 Day
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Sold 8 covered call options on Solana crypto coin - potential income - 1.3% in 1 Day
On November 1st, 2022, I bought 8 Solana coins on Coinbase and simultaneously sold 8 call options on them at the Deribit trading platform, with an expiry set for tomorrow, November 2, 2022. For this trade, I got a premium of 0.013 per coin or 8*0.013 = 0.104 / SOL / $3.41 at the time of writing
Selling crypto options is pretty much the same as selling st…
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