Day 255, at least 365 days of daily updates
Big cake price: 26595
Price of two cakes: 1593
Price of sesame cake: 210
Today's Thoughts
Today I saw Boss Zhou actually testing selling puts and calls, and achieved an annualized return of 30% on a coin-based basis with low risk. This is a very good result.
Regarding selling PUT vigorously below the fixed investment line. Many people use the Jiushen fixed investment line to buy the bottom with cash in the off-market. Boss Zhou uses the Jiushen fixed investment line to sell PUT. Below the fixed investment line, sell PUT every day. Of course, you have to ensure that you have funds in the off-market. If the price really falls to this price, you can buy Bitcoin or Ethereum at this price in the off-market, which is a disguised bottom-fishing.
Options tips: Buy call options if you think the price will rise sharply, sell call options if you think the price will not rise sharply, buy put options if you think the price will fall sharply, sell put options if you think the price will not fall sharply.
In the world of options, rights and obligations correspond one to one. If you pay the premium, you will get certain rights. If you receive the premium paid by others, you must fulfill certain obligations.
There is one disadvantage of OKX for a newbie, which is to find a price you like to exercise your option. It is hard to find the ones in recent days. If it is a packaged one like Paiwang, you input a price you like, and it will tell you the appropriate order, although the exercise date of this order may be a little longer.
I have recently used Flomo to record countless golden sentences and my own thoughts. The best tool to calm myself is to record these emotions indiscriminately as a bystander.
