Have you already seen Binance Stock Options?
Binance is incorporating stock options and US ETFs, a tool that allows you to trade options contracts without directly buying the underlying stock.
📈 A Call can be used when you expect the asset to rise.
📉 A Put can be used when you expect it to fall.
What’s interesting is that when you buy an option, the maximum risk is normally limited to the premium you paid, even though that premium can be lost if the option expires worthless.
⚠️ And here’s the part that many people overlook: getting the direction of the price right doesn’t guarantee making money. The strike, the premium, and the time remaining until expiration also matter.
For those of us who are used to buying cryptocurrencies directly, options work in a rather different way.
Is anyone else already testing this new Binance feature? 👀
#BİNANCE #StockOptions #TradingCommunity #crypto #Investing
Binance is incorporating stock options and US ETFs, a tool that allows you to trade options contracts without directly buying the underlying stock.
📈 A Call can be used when you expect the asset to rise.
📉 A Put can be used when you expect it to fall.
What’s interesting is that when you buy an option, the maximum risk is normally limited to the premium you paid, even though that premium can be lost if the option expires worthless.
⚠️ And here’s the part that many people overlook: getting the direction of the price right doesn’t guarantee making money. The strike, the premium, and the time remaining until expiration also matter.
For those of us who are used to buying cryptocurrencies directly, options work in a rather different way.
Is anyone else already testing this new Binance feature? 👀
#BİNANCE #StockOptions #TradingCommunity #crypto #Investing