Premia is a new Decentralized Option trading platform that builds on top of Ethereum blockchain. You can set your own desired strike date, strike price and call/put in a peer-to-peer manner. It lets the market decide the premium price.
When it comes to option trading, I had never seen a platform that support so many cryptocurrencies.
Before we start let's talk about how I trade options:
1. Hedging with PUT options 2. Naked CALL to enjoy no liquidation long, push the price until ITM and do something with it such as delta hedging, selling the options or even exercising it.