The option collar strategy is very 666
Tell me about my strategy for the next few months First of all, in the short to medium term, I build a strategy based on the following judgments 1. The current position of 10w+ in the flatbread is generally cost-effective in the short and medium term 2. ENA S4 airdrop card share of 3.5%, financial management and very suitable for actuarial science 3. At present, it is relatively easy for other U-margined arbitrage strategies to run 15-25% APR Based on the above, I did the following 1. Buy the same amount of BTC spot, sell 115K BTC call and buy 105 BTC put 2.ENA S4 My basic position is still eating points. Since this season is the financial bureau Okura sena mobile small sena yt acceleration eusde yt. Since my unified margin model is all flatbread spot, hedging is basically not afraid of ups and downs. When the funding rate is seriously negative, I will unload the SENA spot eating points position 3. The remaining cash positions are directly unified margin hedging and then go to other mines to eat APR, which is flexible and mobile In addition: I would like to add that when I built this strategy, the option cost was very low, corresponding to basically 1 pie (put cost - call cost - $600 for $13,000 in the difference between the forward and spot pies). Now the cost will be a little more expensive. The summary is: I can make money when the pie rises, I can make money on sideways arbitrage, I can make money when it falls, and even if the opportunity cost falls sharply, I can boldly buy the bottom without loss. The risk is: the pie rises by more than 115,000 and takes part of the rise, or it is more uncomfortable to go up and fall down. If you have any comments, please feel free to add.
Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.