If you own crypto or NFTs and don’t sell options, you might be leaving money on the table 💵
Decentralized Speculation is arriving on Feb 6th 2023👀
Below are 4 ways you can utilize selling NFT options to help you realize profitability
#Options #NFTFi #NFTcommunity
🧵👇
Decentralized Speculation is arriving on Feb 6th 2023👀
Below are 4 ways you can utilize selling NFT options to help you realize profitability
#Options #NFTFi #NFTcommunity
🧵👇
💎Options Can Generate Passive Income💎
Selling options contracts can be a great way to generate income for your portfolio.
By selling or creating options, you collect a premium when someone purchases your options contract.
Selling options contracts can be a great way to generate income for your portfolio.
By selling or creating options, you collect a premium when someone purchases your options contract.
💎Reduce Risk in Your Portfolio💎
Selling options can also help to reduce risk in your portfolio. When you sell an option, you're taking on the obligation to sell (or buy) an underlying asset at a specified price.
This can help to offset potential losses in other investments🧠
Selling options can also help to reduce risk in your portfolio. When you sell an option, you're taking on the obligation to sell (or buy) an underlying asset at a specified price.
This can help to offset potential losses in other investments🧠
💎Invest Without a Large Amount of Capital💎
Selling options can also be a way to gain exposure to a specific market or sector without having to invest a large amount of capital.
By selling options, you can profit from price movements without having to own the underlying asset.
Selling options can also be a way to gain exposure to a specific market or sector without having to invest a large amount of capital.
By selling options, you can profit from price movements without having to own the underlying asset.
💎A Great Tool for Hedging💎
Another benefit to selling options is that it can be used as a tool for hedging.
By selling options, you can offset potential losses in other investments, helping to protect your portfolio during times of market volatility🧠
Another benefit to selling options is that it can be used as a tool for hedging.
By selling options, you can offset potential losses in other investments, helping to protect your portfolio during times of market volatility🧠
💎Closing Thoughts💎
Overall, selling options contracts can be a great way to generate income, reduce risk, gain exposure to specific markets and hedge against potential losses.
As with any investment strategy, it is important to understand the risks and manage accordingly.
Overall, selling options contracts can be a great way to generate income, reduce risk, gain exposure to specific markets and hedge against potential losses.
As with any investment strategy, it is important to understand the risks and manage accordingly.
🚀Arbitrum Testnet 🚀
Our paper trading competition begins on Feb 6! Climb the leaderboards and claim top spot as a Decentralized Speculation options master.
Please have a read of our Litepaper – You’ll find a helpful ELI5 Quickstart user guide to get you started
#NFTFi
Our paper trading competition begins on Feb 6! Climb the leaderboards and claim top spot as a Decentralized Speculation options master.
Please have a read of our Litepaper – You’ll find a helpful ELI5 Quickstart user guide to get you started
#NFTFi
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