The world of crypto options trading is rapidly evolving, and Binance's Options RFQ (Request for Quote) platform is one of the latest tools empowering sophisticated traders to execute large or complex trades with flexibility and precision. Unlike traditional order books, RFQ allows you to negotiate custom options contracts directly with market makers — ideal for hedging, speculation, or structured strategies.
In this article, we explore 10 powerful trading strategies that you can execute on Binance Options RFQ to optimize your trading edge.
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1. Directional Bets with Calls or Puts
The most basic yet effective strategy — buying call options if you expect a price increase or put options if you're bearish. With RFQ, you can request custom strikes and expiries, tailoring exposure to your market outlook and time horizon.
🔹 Use case: You anticipate Bitcoin will break out above $70,000 in the next two weeks — request a short-dated call option just out-of-the-money.
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2. Covered Call Writing
Hold spot BTC and sell a call option above current price. If the price stays below the strike, you keep the premium; if it rallies past the strike, your BTC is sold at a profit.
🔹 Why RFQ? You can negotiate premiums for large size without slippage, ideal for portfolio managers and OTC desks.
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3. Protective Put
Own spot crypto but worried about downside? Buy a put option to hedge. This limits your downside while allowing upside participation.
🔹 Pro tip: Customize expiry and strike based on your risk tolerance using RFQ's flexibility.
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4. Straddle
Buy a call and a put with the same strike and expiry — a bet on volatility, not direction. Profitable if the asset moves significantly in either direction.
🔹 Best when: A major news event or economic decision is imminent. You can request non-standard expiries to align with the event.
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5. Strangle
A cheaper alternative to a straddle: buy a call and put with different strikes. You're betting on a big move but can tolerate some range before payoff.
🔹 Why RFQ? Flexibly define strike spreads and expiries — something order books rarely support with precision.
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6. Iron Condor
A range-bound strategy: Sell a strangle (short call and put) and buy protection further out-of-the-money. You profit if the price stays in a narrow range.
🔹 Benefit of RFQ: Execute multi-leg, structured trades in one quote request — reduces execution risk and slippage.
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7. Calendar Spread
Sell a near-term option and buy a longer-term one with the same strike — profit from time decay of the front leg.
🔹 Ideal for: Traders who expect low volatility short-term, but want longer exposure. RFQ lets you specify custom time spreads across expiries.
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8. Butterfly Spread
Combines calls (or puts) with three different strikes to benefit from low volatility. You profit most if the asset expires near the middle strike.
🔹 Why use RFQ? Simplify complex setup by quoting the entire butterfly in one package, rather than building it piece by piece.
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9. Vega Play: Buy Long-Dated Options
If you expect implied volatility to rise, buying longer-dated options (even without a strong directional view) can be lucrative — this is a play on vega, or the sensitivity to volatility changes.
🔹 Advanced use: Use RFQ to negotiate lower implied volatility on long-dated options during periods of market calm.
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10. Custom Structured Products
This is where RFQ shines: Create your own synthetic instruments — e.g., zero-cost collars, volatility knockouts, or multi-leg strategies — with parameters tailored to your needs.
🔹 Use case: A DeFi project wants to hedge treasury exposure with a structured collar. With RFQ, they can quote the entire product in one deal, off-exchange.
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Final Thoughts
Binance Options RFQ is not just for whales — it's a versatile tool for any trader looking to execute more nuanced, flexible strategies. Whether you're hedging a portfolio, speculating on price moves, or building structured products, the RFQ platform opens a new realm of possibilities in crypto derivatives.
