Bitcoin's Calm: A Short Strangle Strategy Opportunity?

Markets & Money Today | 2 Min News - A podcast by The Daily News Now! - Sâmbătă

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Bitcoin's holding steady! 10x Research suggests a short strangle strategy—selling call and put options outside Bitcoin's current range (95k-125k, expiring in September) to collect premiums. It's like selling insurance, profiting if Bitcoin stays calm. But beware: sudden price swings could lead to rapid losses. They previously suggested a similar strategy in August that yielded 3.5%, but weigh the risks before jumping in! Hosted on Acast. See acast.com/privacy for more information.

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