Anticipate the higher high and lower low with the same expiry date. Sell Call at the higher high price and Sell Put at the lower low price.
Second step, Buy Call below the Sell Call strike price which is above the current price and Buy Put above the Sell Put strike price which is below the current price.
When the market is going sideway, you will lose money. The only time when you make money both ways is when the market price goes above your Buy Call and/or Sell Call strike prices + below your Buy Put and/or Sell Put strike prices.
This strategy is good to be deployed in the short expiry date time frame however this strategy can cost more with more return of investment as well when deploy it successfully.
Inverse Iron Condor – The opposite of a iron condor, and similar to a short iron butterfly, but with a wider unprofitable range and better potential profit. If volatility increases, your chance of profit will increase as well. Time is harmful when the position is unprofitable, but helpful once it becomes profitable.
Conclusion, max loss is only $280 and max profit is $720 USD. Good or not good?
The is a vertical PUT spreads strategy (credit spreads) with the same expiry date.
DGM Trading Options
Bearish long put strategy is not applicable when sideway trend market. It is very good to apply when the market is down trend so instead of doing a naked buy put position to cater for downtrend, we can also earn premium by selling put.
Must consider the maximum price of BTC can go in general when bearish is happening, Sell Put at the higher strike price where you think the maximum price of BTC. Sell put when IV is low.
Well, Buy Put (IV is high) at a lower strike price with 2 lots whereby the total cost must be less than the premium collected from the Sell Put just now. As the result, when the price goes up, we can still collect and earn from the outstanding premium amount.
When the price come down to zero, DGM can earn from the buy put position before the expiry date. The risk and reward ratio is the greatest because when the price is up we earn from the premium but when the price is down we earn from the bearish market.
Bull Put Spread
Conclusion, max loss is $374 and the max profit is $626. Well…..What do you think? I think it is fine with 1 to 2 Risks and Rewards ratio.
What are the rules can be applied moving forward in 2022?
To buy call when bullish in options trading and to buy put when it is bearish because in options versus futures trading, you do not have to pay for thefunding rates which can cost a lots when the holding period is too long in futures, which is more than 6 months for example when you don’t know how to trade with funding rates and earn interest. In options trading is more cost efficient and cost effective. Options is best when you do short term trading and not long term investment. Futures is best for short and medium term trading and also not for long term investment.
Would like to start with bearish strategies first because the current market is in bear mode. When it is bearish market, DGM can buy put with expiry date that is based on the support and resistance lines at 4hr. Follow by sell put for a week expiration so that we can trade multiple sell put trades whenever it is possible for us.
Conclusion, max loss is $158 and max profit is $1342 USD. Good?
Well the bullish strategies is opposite of the bearish, DGM can buy call with expiry date that is based on the support and resistance lines at 4hr. Follow by sell call for a week expiration.
Conclusion, max loss is $76 and max profit is $1924 USD. Good?
DGM does not prefer vertical spreads or credit spreads on the same expiry date.
Which crypto assets to keep between ETH, BTC and USDC/USDT?
When it is bearish, DGM can keep USDC or USDT. When it is bullish, DGM can keep BTC, ETH, SOL, or MATIC for the purpose of staking them. DGM is buying ETH/BTC pair when it is bullish market and selling the same pair to BTC or USDC/USDT when it is bearish or sideway trends. Auto grid bots can also be applied when we have sideway trends.
What to do when you are waiting for the price to play out?
DGM is gaming & learning after the trading and staking are taken care of it by itself.
Get secure and private access to crypto exchangers from your country:
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Placed an order on 29JUL2022 at the strike price of 22500 for BTC and reaping the reward today before the options is expired with the profit around $419 USDC.
What is the bearish or recession proof income that DGM deploy? The answer for DGM is buying shorts continuously again and again to meet monthly income expectation. George Soros is a short-term speculator. He makes massive, highly-leveraged bets on the short position trading strategies direction of the financial markets.
The current market is just like ATM machines which are splitting out USD every month when DGM is working on it…Alternatively, auto bots can also be deployed to meet similar expectation nowadays.
Get secure and private access to crypto exchangers from your country:
A good VPN service provides you a secure, encrypted tunnel for online traffic to flow. Nobody can see through the tunnel, get their hands on your online data, or find your real IP address and location. Decentralized VPN (dVPN or DPN) is the best VPN if you’re looking for peace of mind when on public Wi-Fi. Securely access personal information or work files, encrypt your crypto exchanges connection, block Ads, and keep your browsing history and online identity private. Enjoy online free, privacy and security with the additional VPN benefits. For example, access Bybit or Binance from your country which has restricted access. Decentralized VPN (DPN).
Alternatively, you can also go for DEX wallet..with a decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, or any other intermediary. Visit OKX Exchange for a DEX wallet solution today!
Trading is the best business
First, what is the business like?
First choose the model, then inquiry, purchase, logistics, warehousing, sales, after-sales, and handling of cargo damage, and finally buy low and sell high to earn profits.
Of course, it's a successful business.
Entrepreneurs, that is, newcomers to the business field, are overwhelmingly unable to complete this process.
Take the selection of models as an example. Newbies in business only have vague guesses about potential customer groups, which are often very far from the actual needs of the market, and only have unrealistic fantasies about the products to be sold. So, basically, neither the product nor the market, this first step will filter out half of the newbies.
Well, even with a keen eye, the best-selling product was selected at once, and the inquiry link is about to come. In fact, it is estimated that half of the novice businessmen do not know where to buy a certain product. If there is no acquaintance to bring one, they can basically only be deceived everywhere, and there will be no less detours to take. It was difficult to find a dealer, because the initial purchase volume was far from enough, and it was almost impossible to get a good purchase price, but there was no way, and I had to recognize it. Even the smallest purchase threshold may not be enough for a novice businessman.
Even if funds are raised, when purchasing, you must beware of getting shoddy defective products, or products that are about to expire. There is no need for dealers to give you the best products for newcomers.
Even if the procurement is smooth, you have to contact freight, shipping, and air transportation. If it is a cross-border business, it has to stand the test of customs, reporting, sampling, and scheduling, each of which requires professional knowledge.
Even if the logistics is smooth, there will be warehousing problems immediately, and this is a labor-intensive link, all kinds of people, everyone has different ideas, in the warehouse, in the warehouse, out of the warehouse, and infrastructure, electricity, network, security, monitoring , fire danger, etc., can not be bypassed.
Even if the warehousing is smooth, the sales link can stop more than half of the entrepreneurs. How to increase the passenger flow? TV commercials, or internet marketing? Membership Points Boost Repeat Customers? The salespeople you can hire are basically not the gods of sales, but come to mess around. How can you ask them to sell your products when the products are highly homogenized? How to train, will it really produce a little effect? How to assess performance and establish a reward and punishment system to really stimulate the initiative of salespeople?
Even if the sale goes well, the salesman is very capable, eloquent and rhetorical, so there will be no less potential after-sales disputes, such as the problems of the product itself, the loss of expectations after exaggerating the sale, and consumer complaints that cannot be completely avoided no matter what you do. The risk of prosecution, this may be the most troublesome, unavoidable, and most worthy of a smile!
Even after the sale, it can be handled smoothly, but you have to deal with unsalable products, damaged goods and expired products. You have no choice but to throw them away. This is an inevitable and unavoidable loss.
Go through hurdle after hurdle, and if there's anything left, it's your profit.
As experienced entrepreneurs know, I haven’t talked about a lot of processes, such as political and business relations, legal affairs, finance, taxation… Each of them is enough to give you a headache.
And what about transactions? Buy low and sell high, or sell high and buy low, how simple.
However, this simplicity is just a simple process, and does not require warehousing, logistics, management, after-sales, etc., and is by no means simple in the sense of difficulty.
That is to say, the transaction is very simple in terms of the process. Just click to buy and then click to sell, but in the end, there are very few people who actually buy low and sell high, because in the sense of difficulty That said, it's not simple at all.
Between buying one by one and selling one by one, a lot of learning, research, analysis, review, and planning are required.
That is, before victory, a process is also required, but it is mostly intangible and intellectual and executive.
When it comes to good news, if you spend the time you would have spent on selection, inquiry, procurement, logistics, warehousing, sales, after-sales, and damage to goods, you can use it to study, study, analyze, review, and plan. Over time, your business will be huge. Probability can.
That's when you realize that trading is really the best business.