🔵 Options Trading Tutorial

✨ Lowest wear: 1.32 U; reward $1–$5 in NVIDIA stock

⚠️ Options volatility is very high. If you get trapped, it’s easy to lose several U to more than ten U
Don’t do it if the reward is less than 2.5 U

1️⃣ Go from the activity center, or search for the 【Options】 feature

Your first trade requires enabling an (standard) options account and completing the quiz

2️⃣ As shown in the image,
find the QQQ options
(update the Binance app)

First select options for a certain expiration date.
In the middle is the 【Strike Price】

On the left are the 【Call】 options,
on the right are the 【Put】 options

The closer the date is, the more active the trades are; the bid-ask spread is smaller = less wear
The farther the date is, the less active the trades are; the bid-ask spread is larger = more wear
But the closer the date is, the faster the volatility changes.
Because options can only be placed as orders, it’s easy to get trapped

I chose 09-25

Red is the sell order currently on the market,
green is the buy order currently on the market

When buying, you need to take someone else’s sell order
(options can only be placed as orders)

I chose the 【Strike Price】 750

At this moment, the ask is 2.60, and the bid is 2.59

This spread is extremely important.
You must choose 【low volatility, spread 0.01】

Buying 1 contract = 100 shares
Purchase amount: 100 * 2.60 = 260 U

Fee for 1 contract = 0.66 USDC (fixed)
(Make sure you calculate correctly so buying 1 contract completes the task—don’t buy more contracts/shares, because fees increase a lot)

I placed the sell at 2.60.
Sell amount: 100 * 2.60 = 260 U
Fee for 1 contract = 0.66 USDC

It only成交 after being trapped for a while

✨ Final wear: 260 + 0.66 - 260 + 0.66  = 1.32 USDC

If the bid-ask spread is different, the wear will be very large!
Bid price 2.60, price drops.
Sell placed at 2.59; wear: 260-259 + 0.66 + 0.66  = 2.32U
Sell placed at 2.56; wear: 260-256 + 0.66 + 0.66  = 5.32U

🟢 Summary: If the reward is less than 2.5 U, or you didn’t understand it,
don’t try options!

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#撸毛教程 #Options