#Beginnersguide #option #OptionTrading #Option2Trade #market_tips
1. What Are Binance Options?
Binance offers European-style options — you can only exercise them at expiration. They are cash-settled, and currently available for Bitcoin (BTC) and some altcoins
2. Prerequisites
Create a Binance account and verify your identity (KYC).
Fund your Futures Wallet with USDT or crypto.
Enable Options Trading from the Derivatives tab.
3. Key Terms You Need to Know
Call Option: Bet the price will go up.
Put Option: Bet the price will go down.
Strike Price: Target price of the asset.
Premium: Fee you pay to buy the option.
Expiry: Time the option ends (e.g., 5 min, 1 hr, 1 day).
4. How to Place a Trade
1. Go to the Binance App or Website.
2. Navigate to Derivatives > Options.
3. Choose the asset (e.g., BTCUSDT).
4. Select:
Call or Put
Strike Price
Expiration Time
5. View the Premium and Max Profit/Loss.
6. Enter the amount and confirm your trade.
5. Monitor and Exit Your Position
You can sell before expiry to take profit or cut losses.
Or let the option expire — Binance will auto-settle.
6. Risks to Keep in Mind
Binance Options have high time decay (lose value fast).
Short-term expiration = high volatility.
You can lose 100% of the premium paid.
7. Tips for Beginners
Start with small amounts.
Use Call options in a bullish market, Puts in a bearish market.
Stick to long options only (don’t sell options as a beginner).
Watch the order book, implied volatility, and BTC price movement.
