You're getting money every day that the price doesn't get there by expiry. So if you already have those b t c and you would have sold there anyway, then you're adding on that that premium value to your networth. The obvious question will be, like, why are you the type of person who sells at some price anyways? You know, why why are you that type of person? Right? But that's getting into risk aversion. And that's getting into lots of other kind of war, very tricky contepts. I mean, empirically, sheb right. Ye, your decision should be a function of the context at the time, not because, like
Today, I’m sitting down with Su Zhu, my friend and co-host, and Josh, of Orthogonal Trading.
Josh is one of the biggest and most experienced options traders in crypto and joined us for a very interesting and wide-ranging conversation. Together, we touched on topics like
how options work
differences between options and futures
Different strategies for using them in crypto
as well as what Josh thinks about options trading platforms in Defi
Resources:
https://www.optiontradingtips.com/options101/payoff-diagrams.html
https://www.payoffcharts.com/
https://www.investopedia.com/trading/getting-to-know-the-greeks/
Orthogonal Trading https://twitter.com/OrthoTrading
Su Zhu https://twitter.com/zhusu
Hasu https://twitter.com/hasufl
Our homepage and mailing list https://uncommoncore.co/podcast/