$SOL Since the end of last year, I've been doing small-sized asset options on SOL. Basically, I’ve been losing, and my overall win rate is only 1.37%. But when I look at the returns, I was stunned—annualized profits in the hundreds of percent, requiring only a 1% win rate. How is that done? Everyone knows that for retail traders, options are a game of small stakes for big gains—there’s basically no hedging, only speculation. First, you choose options with an extremely low price; second, you choose relatively longer time to expiration. But these two things conflict, because time is value. I usually prefer options with about half a month to one month remaining. The option price versus the underlying’s actual price difference is around 20–30%. These options are generally cheaper. For example, this month’s end-of-month 90 strike call option: my average buy price was 0.2, and the maximum rise was over 100 times. Of course, if you have short-term forecasts for the local currency, you can trade short-term underlying contracts for the next day to 3 days. For example, when ETH suddenly surged last time, the next day’s option had a maximum rise of over 1000 times.
