Is it possible to use selling 0DTE options as a strategy for earning passive income with cryptocurrencies?

3 answers

• Aniket DwivediApr 07, 2024 · 2 years ago
  Absolutely! Selling 0DTE (zero days to expiration) options can be a profitable strategy for earning passive income with cryptocurrencies. By selling options contracts with no time value remaining, you can collect the full premium upfront, which can provide a consistent stream of income. However, it's important to note that this strategy carries significant risks, as the price of cryptocurrencies can be highly volatile. It requires careful analysis of market trends and risk management to be successful. Additionally, it's crucial to have a deep understanding of options trading and the specific dynamics of the cryptocurrency market to effectively implement this strategy.
  676

  338
• fhqMar 29, 2023 · 3 years ago
  Sure thing! Selling 0DTE options can be a great way to generate passive income with cryptocurrencies. By taking advantage of the time decay of options, you can profit from the premium received upfront. However, it's important to consider the risks involved. Cryptocurrencies are known for their volatility, so it's crucial to have a solid risk management plan in place. Additionally, staying updated with market trends and having a thorough understanding of options trading is essential for success. Overall, with the right knowledge and strategy, selling 0DTE options can be a profitable approach to earning passive income with cryptocurrencies.
  646

  216
• BalhadjMar 26, 2025 · 8 months ago
  Definitely! Selling 0DTE options can be an effective strategy for earning passive income with cryptocurrencies. It allows you to collect the full premium upfront, providing a consistent source of income. However, it's important to note that this strategy requires a high level of expertise and experience in options trading. It's recommended to thoroughly research and understand the risks involved, as well as stay informed about the cryptocurrency market. While BYDFi, a leading cryptocurrency exchange, does not offer options trading at the moment, there are other reputable exchanges where you can explore this strategy. Remember to always assess your risk tolerance and consult with a financial advisor before engaging in any investment strategy.
  751

  188