🚨 Binance product update: Two seller strategies now available for stock options
• New strategies:
• Covered Call: Sell a call option against stock you already hold.
• Cash-Secured Put: Sell a put option backed by USDC cash.
• How it works: Users can act as option sellers, pledging stock or USDC to meet their contractual obligations and earning the premium paid by buyers.
• Who it’s for: Investors looking to earn extra passive income on stock holdings or idle USDC during range-bound or moderately volatile markets.
• New strategies:
• Covered Call: Sell a call option against stock you already hold.
• Cash-Secured Put: Sell a put option backed by USDC cash.
• How it works: Users can act as option sellers, pledging stock or USDC to meet their contractual obligations and earning the premium paid by buyers.
• Who it’s for: Investors looking to earn extra passive income on stock holdings or idle USDC during range-bound or moderately volatile markets.