Action: Closed $BTC option contract, lost 25u. Bought 8000u at a price of 62000u—it still feels a bit risky, so I’ll go flat for now and keep waiting.
Current position: none
The results for today’s Hong Kong stock IPO lottery were announced: I won 7 lots of Luxshare Precision, 1 lot of SANYUAN, and 1 lot of Pu Yuan Dian (普源精电). The after-hours (dark pool) trading will start tomorrow at 4:15 PM.
Yesterday I won 5 lots of MOMENTA, 1 lot of Ruiwei (瑞为技术), and 1 lot of Yikong Intelligent Driving (易控智驾). I haven’t sold yet, so I don’t know how the first day will turn out tomorrow.
If you also got allocation, feel free to chat.
Follow me—real-time records of how I can get through market cycles with a small account!
Current positions: 0.13 BTC $BTC put, delivery at 4:00 PM Friday, strike price 62000. If exercised, I would have to spend 8060u to buy 0.13 BTC. Based on one week, the annualized return is about 61%.
Today’s results of Hong Kong stock IPO lottery are announced. I got 3 lots of MOMENTA, 1 lot of Ruiwei Technology, and 1 lot of Yikong Zhijia. Starting tomorrow at 4:15 PM, the gray market trading begins. If you were allotted shares, feel free to chat.
Follow me—how to survive market cycles with a small trading account in real-time records!
Current positions 4000u of $BTC options Strike price 58000 Premium 465u The premium annualized calculation is temporarily unable to compute July 3rd at 4:00 PM #期权到期 This week we probably won’t be able to buy in again
Follow me—real trading records on how small funds can survive market cycles!
2026.7.1 Day 20 of selling puts and attempting to build a position Current capital 39743u
Last month, after deducting the fees for Hong Kong stock new listings, I still made about HKD 20k. There is still a profit-making effect. Recently, Binance’s score allocation for task-based “streak”/point promotions seems to have decreased. I’m considering whether to return.
Today’s trades None
Current position $BTC options worth 4000u, strike price 58000, premium 465u. Annualized premium can’t be calculated yet. Settlement is at 4:00 PM on July 3.
Follow me—watch my live trading to see how a small capital account performs over one cycle.
2026.6.30 Put attempt to start a position, day 19 Today’s capital: 39,403u
On the last day of June, still 7,073u away from breaking even
Today’s actions Because BTC has dropped again, I sold from Binance $USD1 and added to my options position. The strike price is still the same.
Current position Options with notional 4,000u, contract $BTC , strike price 58,000; premium: 465u. The annualized premium can’t be calculated for the moment. Settlement will be on July 3 at 4:00 PM.
Why can’t Binance display the real-time options order book?
Follow me and let’s see how a small-capital account performs over one cycle—watch the real trading.
2026.6.29 Attempt to establish a position on Put day 18 Current funds 39387u
Current position 2000u of options contract $BTC , strike price 58000, premium 307u; premium annualized is about 798%; settlement at 4 PM on July 3
Today’s actions Convert $USD1 into usdgo. Reduce the neighbor’s changes to 7—there’s no value-for-money. For now, go back to usdgo and just bide my time.
Follow me and see how much return a small amount of capital can make over a cycle in real trading
2026.6.28 Attempt to open a position, Day 17 Today, funds: 39345u
Current position: $BTC options with a strike price of 58000 for 2000u, premium 307u. The premium annualized is approximately 798%. Settlement at 4:00 PM on July 3.
Follow me and let’s see how much return a small amount can achieve over one cycle
2026.6.27 Sell/Put strategy attempt, day 16 of building a position Current capital: 39,446 u
Current positions 2000u of $BTC option, strike price 58,000, premium 307u
I plan to adjust the strategy: once the 2000u order arrives, I’ll continue selling puts; if it doesn’t arrive, I’ll use this 2000u to keep selling puts. The rest will continue with stablecoin wealth-management. Currently earning: USDGO at 10% annualized, and USD1 at 8% annualized.
May I ask everyone: does the iPhone have any price-alert method? Ideally one that can call me in the middle of the night to wake me up so I can bottom-fish.
Follow me—watch a live trading account and see how much return a small capital can make in one cycle
2026.6.26 Put option attempt to open a position, Day 15 Today’s capital: 38,300u
Options: 4,000u of the $BTC contract, strike price 60,000; premium 261u Options: 1,800u of the contract, strike price 61,000; premium 220u At 4:00 PM settlement price: 59,500 — ended up going long, but I still didn’t manage to buy in. Then I added another 2,000u to continue selling puts.
usdgo quietly lowered the annualized rate to 10. I saw the announcement, but there’s nothing we can do—only after two weeks will there be slippage compensation.
Follow me and let’s see how much a small account can earn in one cycle in live trading.
2026.6.25 Put option attempt to build a position, Day 14 Today’s capital: 37302u
A 4000u $BTC option contract with a strike price of 60000, premium 261u. It expires at 4:00 PM on June 26.
There is also an 1800u option contract with a strike price of 61000, premium 220u, expiring tomorrow at 4:00 PM as well. Tonight it crashed—this time it should be possible to get in; we should be able to successfully build the position.
The remaining funds will still be kept in usdgo to earn an annualized return of 12.
Follow me—watch my live trading and see how much return a small amount of capital can achieve in one cycle
Last night before bed, I noticed that $BTC broke 60000, and the premium for the 61000 options at 6.26 was sky-high. I felt this was a rare arbitrage opportunity, so I quickly shorted about 1800u. This trade settles by tomorrow afternoon at 4 PM, and there are two possible outcomes:
1. If BTC price is below 59930 and the buyer exercises the option, I would use my 1800u principal plus the premium of 220, totaling around 2000u to buy BTC at 61000. 2. If BTC price is above 59930, then I can't buy anything and can only pocket the 220u premium. In less than two days, turning 1800u principal into 220u profit is something I can accept.
I hope Binance can showcase options trading in the square; just looking at screenshots isn’t intuitive enough.
2026.6.24 Trying to build a short position on puts, Day 13 Today's funds: 38834u
4000u on options $BTC , strike price 60000, premium 261u, expires June 26 at 4 PM, less than 2 days left I think there's a chance to scoop this up, my heart's racing and my hands are shaking
$USD1 has dropped to an annualized 8, I also set aside 4000u, and the rest is all in usdgo to catch that annualized 12
Follow me to see how a small fund performs over one cycle in real trading
The USDGO annualized rate of 12% event has 14 days left, so if you're looking to hop on, now's the time! The current swap price is high, and the estimated annual yield is only around 11%.
To receive the slippage subsidy, there are three key points to keep in mind: 1. You must swap USDT for USDGO. 2. USDGO needs to be held for a full 14 days to qualify for slippage compensation, and this amount follows the FIFO (first in, first out) principle. Here are two scenarios to clarify:
Scenario 1: Full Amount Exchange User A swaps 100 USDT for 99 USDGO via flash exchange on May 18; on June 10 (after holding for 14 days), they swap 99 USDGO back for 98 USDT. Subsidy Result: Since the amount received is less than the initial principal, the system will issue a 2 USDT subsidy after the snapshot settlement on June 15. Scenario 2: Partial Exchange (FIFO Principle) User B swaps 100 USDGO (costing 100 USDT each time) via flash exchange on May 18 and June 1, respectively; on June 10, they swap 150 USDGO back for 147 USDT in one go. Segment Matching: In the 150 USDGO exchanged back, 100 USDGO corresponds to the order from May 18, which has been held for at least 14 days; the remaining 50 USDGO links to the order from June 1, which has not yet met the 14-day holding requirement. Subsidy Result: The system will only calculate the subsidy for the 100 USDGO held for at least 14 days based on the corresponding exchange rate difference. The user will receive a 2 USDT subsidy after the snapshot settlement on June 15. The portion held for less than 14 days does not qualify for the subsidy.
Lastly, the subsidy is settled after snapshots on the 1st and 15th of each month. If you deposit today, the subsidy should be available after July 15.
2026.6.23 Trying to build a short position on puts, Day 12 Today's capital: 38807u
$BTC options with a strike price of 60000, premium at 261u, expiring on June 26, only 3 days left. It dropped today; I hope it hits 60000 by the 26th so I can scoop some up.
$USD1 has dropped to an annualized 8. I went on-chain yesterday to stake for an annualized 13, only to realize this morning that the redemption takes a day. Really not a fan of those delayed withdrawal activities. Tomorrow, once it hits my account, I'm heading to usdgo for an annualized 12 and keeping 4000u aside to prep for two weeks of puts. Locking up the rest for two weeks.
Follow me to see how a small capital performs in this trading cycle.