My Bitcoin Option Selling Trade For November | Theta gainers
Theta Gainers • 1 day ago
What This Video Is About
The speaker discusses their previous video on "Option Selling Strategy for Bitcoin" and how they have been implementing it, sharing details of their current trade and expected profit.
Major Ideas Discussed
- The speaker's current trade has a total balance of $2,355, with $120 used as margin for selling options on Bitcoin, and they expect to make a profit of $500 from the November trade.
- The trade has a range of $69,000 to $88,000, with the market currently in the middle, and the speaker explains that they don't need to make any adjustments to the trade.
- The speaker expects to make a profit of $500 from the November trade and is using 50% of their margin, which is around $100,000.
- They explain how to maintain margin and leverage, recommending to use double the margin used, and how to trade with a small balance, such as $250.
- The speaker also mentions a "Diwali Cosmic" offer from October 31st to November 11th, where traders can receive half of their trading fees and fees in physical gold, and a trading competition where the top 10 traders can win prizes.
What to Watch Next
The speaker invites viewers to comment "Monthly Option Selling" if they are interested in running the strategy through an API and promotes the Diwali offer, encouraging viewers to trade on Cosmic to receive rewards.