Your assets.
Control your
earning strategy.

Put your assets to work

Options can turn any passive holdings into a yield generating portfolio. Selling options against your assets earns you yield upfront, in a repeated fashion because options have an expiration. Options are limit sell orders that pay you.

Limit the Downside

When long assets, like BTC, buying a put option protects you against BTC moving downward. This protects you because the put option increases in value when BTC drops, negating each other - known as delta hedging. In the opposite scenario, the put option doesn’t behave like a perp: never liquidates and dwindles its value to zero if BTC rips.

Express your market outlook

A Call option offers you leveraged exposure without liquidation. If in the short term BTC dips, the option value drops momentarily, but if your conviction is correct, you will be rewarded and not end up caught in a stop hunt.

If you have a strong thesis on what the market is going to do next, options allow you a leveraged bet on that view without the risk of liquidations. If you were right, you will win, even if the market went against you at first.

Advanced strategies

Combining different options can also allow you to express a non-directional thesis, such as betting on high or low volatility. Any of these fundamental components can be put together for sophisticated strategies. Collars, spreads, strangles, condors - they are all welcome in this space by combining different options offered.