News View Non-AMP

Crypto Bulls, Here’s How You Can Earn More From Your Bitcoin Investments!

Published by
Mustafa Mulla

As Bitcoin’s market evolves, 10X Research is shaking things up with a bold new proposal, offering investors a pathway to greater returns. Renowned for its spot-on predictions, 10X Research is advocating for the adoption of the “covered strangle” options strategy, a move aimed at boosting income for Bitcoin holders.

But what exactly does this strategy involve, and what does it mean for investors?

10X Research’s Winning Formula

The covered strangle strategy involves selling a call option, which provides protection against price rallies, and selling a put option, which acts as insurance against downtrends. This approach allows investors to earn premiums from both options, increasing their overall yield.

Leading the charge is Markus Thielen, the brains behind 10X Research. Thielen recommends a tactical move: selling a call option with a hefty $100,000 strike price—set 50% above Bitcoin’s current rate—paired with a put option at a $50,000 strike price. Both options are slated to mature by December 2024, aligning with a vision for long-term gains.

With this strategy, investors stand to gain a solid 17% buffer against downside risks or an equivalent boost in yield, depending on Bitcoin’s performance by December. Tailored for bullish market sentiments, where gradual upticks are expected, this approach thrives on low implied volatility—a recipe for steady growth

Manage Your Risks!

However, amid the promise of prosperity, lurk significant risks. If Bitcoin plunges below the $50,000 put option strike price, both the long Bitcoin position and the short put position face exposure, potentially amplifying losses compared to conventional covered call strategies.

Bitcoin Market Analysis

Presently, Bitcoin hovers around $66,890, showing a slight decline. Nonetheless, Bitcoin’s trading volume has surged by 48%, hitting $23 billion, underscoring its robust market presence, with a formidable market cap standing at $1.31 trillion.

Also Check Out: When Will the Crypto Bull Run End?

Is the covered strangle too good to be true? Would you try it? Let us know!

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Stablecoins Associated with First Digital Trust (FDT) Temporarily Depegs as Justin Sun Warns of Company’s Insolvency

In a surprising turn of events, Justin Sun, a prominent figure within the Tron (TRX)…

April 2, 2025

Trump Tariffs Live: Bitcoin Price Rallies To $87000 On ‘Liberation Day’

Cryptocurrency markets are experiencing fluctuations as traders brace for President Donald Trump's "Liberation Day" announcement,…

April 2, 2025

Grayscale Announces Launch of Two New Bitcoin ETFs: Here’s What They Are

Grayscale, a leading crypto asset manager, has introduced two new Bitcoin ETFs, offering a fresh…

April 2, 2025

Remember This Name! Remittix Presale Becomes the Top Predicted of 2025 as Project Raises Almost $15M in Record Time

In a year marked by conservatism and a sentiment shift in crypto, one name is…

April 2, 2025

Has Elon Musk Forgotten About Dogecoin (DOGE)?

Particularly for Dogecoin (DOGE), Elon Musk, the billionaire entrepreneur CEO of Tesla and SpaceX, has…

April 2, 2025

Shiba Inu Drops 9%, but RUVI AI’s (RUVI) Token Might Be the Meme Coin Killer as Investors Rush to Claim their Bonus

The cryptocurrency market is no stranger to ups and downs, and this week, Shiba Inu…

April 2, 2025