Thanks for the reply! Will keep an eye on the evolution of options here. I sell a lot of put options in traditional stocks and indices - as credit spreads
I don’t like selling calls as it is betting against the long-term market trend and I don’t want to get called away, I want the options to expire worthless. Puts I have been doing for 4 years or so now and have always managed to roll out and/or down fairly easily when the underlying asset has dipped a bit too far
Not sure I would want to get into it with bitcoin - I guess the premiums would be huge, but would take some serious monitoring given the volatility.
Still, will be interesting to see how it evolves. Maybe it is as simple as buying and staking some coins - OKCash, Smartcash etc - I have a small amount of each and enjoy the volume appreciation as well as the price appreciation
Cheers