How can I sell ITM calls in the cryptocurrency market?

1 answers

• May 02, 2022 · 3 years ago
  Selling ITM calls in the cryptocurrency market can be a profitable strategy. Here's how you can do it: 1. Choose a reputable cryptocurrency exchange that offers options trading. 2. Sign up for an account on the exchange and complete the necessary verification process. 3. Deposit the cryptocurrency you want to sell ITM calls for into your exchange wallet. 4. Navigate to the options trading section and select the cryptocurrency and expiration date for the ITM calls you want to sell. 5. Set the strike price for the ITM calls based on your desired selling price. 6. Specify the quantity of ITM calls you want to sell. 7. Review the order details and submit the sell order. 8. Keep an eye on the market and manage your positions accordingly. It's important to note that selling ITM calls involves risks, and you should only invest what you can afford to lose. Consider seeking advice from a financial professional before engaging in options trading.
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