cashsecuredput

Binance adds stock options strategies: earn premiums, not stablecoin yield

Binance announced today the launch of Covered Calls and Cash-Secured Puts.

First, let’s be clear: these are stock options—not cryptocurrency options, and not principal-protected investments.

Both strategies can earn premiums, but in exchange, you take on an obligation to fulfill the contract.

① Covered Call: Hold shares, then sell a call

If you’re assigned, you must sell the shares at the strike price. If the share price surges, your upside is limited; if it plunges, the premium can offset only part of your loss on the shares.

“Covered by shares” does not mean “the share price can’t fall.”

② Cash-Secured Put: Set aside funds, then sell a put

Binance currently uses $USDC as collateral for this strategy, locking up enough funds to buy the shares.

If you’re assigned, you must buy the shares at the strike price—even if the market price has fallen further. Receiving a premium does not mean the strategy has made an overall profit.

Here, USDC is the funds set aside to fulfill the contract, not the source of the premium. That income comes from taking on an options obligation.

Why does this matter?

It brings stock strategies and the use of stablecoin funds together on one platform, but it can also lead people to mistake “receiving cash” for “making a profit.”

More important than comparing premium amounts are these three considerations:

▪️ If assigned, are you truly willing to buy or sell the shares at that price?
▪️ After fees and accounting for the collateral tied up, are the terms worthwhile?
▪️ Do you understand the expiration date, bid-ask spread, and risk of early assignment?

American-style options can be assigned before expiration, so you can’t just set an expiration reminder and forget about them. Buying back the option to close the position early may also cost more than the premium you originally received.

The product is available only to users who meet regional and account eligibility requirements. More tools mean more choices—not less risk.

When you look at premium-earning strategies, do you focus on the income first, or first ask yourself, “Could I accept the assignment outcome I’d least want to happen?”

#Binance #股票選擇權 #CoveredCalls #CashSecuredPut #RiskManagement

Accumulation Strategy: The Cash-Secured Put

Title: Being paid to wait to buy Bitcoin at a discount? 💵🎯

​Content:

The Cash-Secured Put strategy allows you to generate income while setting purchase limits below the current price.

​🔄 The principle:

​You choose the price at which you would like to buy an asset (e.g., BTC below its current price).

​You sell a Put at this Strike and you lock up an amount equivalent to it in Stablecoins.

​You collect the premium immediately.

​If the price does not reach your level, you keep the premium. If it does reach it, you buy your assets at your desired price while keeping the premium you received!

​#CashSecuredPut #IncomeStrategy #SmartInvesting #BinanceOptions

Selling Cash-Secured Puts (a “Put”) is the best “rent collection + bargain-hunting” model when you believe in a stock but think the current price is too expensive.

Take SPCX as an example.
I don’t want to chase at the current price, but I’m willing to get in around $60.

So I sell:
SPCX 2027/6/17 $60 Put

Sell price: $4.70
Time to expiration: 315 days
Strike price: $60
Breakeven point: $55.30
One contract corresponds to 100 shares:
Cash secured: $6,000
Option premium received: $470
If the broker allows collecting U.S. Treasury yields around 4%

Simple annualized return: about 13%

That’s why I like this strategy:
If the stock goes up, I collect rent (premium). If it goes sideways, I still collect rent. If it drops to my ideal price, I buy at a low cost.

But there’s only one condition:
This must be a stock I would genuinely be willing to hold long-term anyway.

Selling Puts is not a guaranteed principal-protected investment.
Its risk is: if the fundamentals worsen and the share price crashes, I still have to buy the shares at the agreed price.

#SPCX #SpaceX #美股期权 #现金担保Put #CashSecuredPut ＃U.S. Treasury ＃options income strategy ＃bargain-hunting strategy $BNB $BTC $ETH