gm Siren community!
New proposed tokenomics for the SIREN token is out! Siren will be migrating from SI to the new SIREN token. This upgrade is designed to power the future of our protocol
Read more for all the details! ⤵️
🚀 @SirenProtocol is revolutionizing decentralized crypto options with unmatched capital efficiency, a broad range of assets, flawless execution of complex strategies
🌟 BNB is live, with more altcoins coming soon! Get rewarded as an early user with their new points program!
trading options within crypto.
options trading is not new by any means in the investing/trading world.
Options trading was first introduced 50 years ago and is used primarily in the stock market. However, slowly but surely options are making their way in the crypto world.
Now, what are options?
imagine having the ability to capitalize on the price movements of cryptocurrencies, like Bitcoin or Ethereum, without actually owning them. Options trading allows you to do just that!
trading crypto options provides you with the opportunity to speculate on the future price direction of cryptocurrencies and potentially profit from both rising and falling markets.
With crypto options, you can employ different strategies to suit your trading goals and risk tolerance.
To trade options I personally use the @sirenprotocol platform. I was lucky enough to be selected to test their beta platform and I must say I absolutely love it.
Siren stand out to the rest due to their unique features such as portfolio margins & even your pre made strategy options.
They plan to launch the public mainnet very very soon, so keep your eyes peeled.
Siren's @SeaFi_SIREN@mertishana discussed the future of decentralized options trading with @ZeusCrypto_ in our last twitter spaces 🕹️
🎧 Listen to the full replay to The State of Siren 👇
https://t.co/QlnEPWvSRQ
🔊 Introducing $ARB Options 🔊
The first of many altcoin markets to join the Siren Flow roster, $ARB contracts are now available to trade!
This marks a major accomplishment for Siren, paving the way for integrating countless other assets. 🧜♀️
UI Upgrade ⚡ Introducing 1 Click Strategies 🖱️
The power of options lies in the hyper-customization of exposure and risk management, allowing traders to express their exact market views.
Select any of 32 strategies to automatically find the contracts needed to execute them. 🧜♀️
Siren Flow Technical Series Part 3 🔥
How can market makers construct a practical delta hedge?
Our Quantitative Lead walks through the process of adjusting a simple Black-Scholes delta to better fit real market conditions.
https://t.co/siVnrLSm7I
What happens when 4 of the most innovative @arbitrum protocols get together on a Space?
@Possum_Labs (host)
@JonesDAO_io@EthosReserve@sirenprotocol
Come find out next Wednesday 1/24 @ 17:00 UTC.
The way markets are trading today you'd think the ETF was already approved, looks like you guys were on the right track with this poll last week.
Shaping up to be the most exciting week for options traders in a while, and trust us, it's even better on-chain. 😉
Options Strategies 📖 Level: Intermediate
Bullish on an asset but want to lower the costs of buying calls?
Consider using a Bull Debit Spread. Here's a quick intro to the strategy. ⬇️
MEV is an under-addressed issue in the world of on-chain options, and Siren is the first protocol (to our knowledge) to prevent such vulnerabilities.
Combined with dynamic delta hedging this will strengthen the case for LPing in Siren's unified pool, benefitting traders as well.
With markets trending up and ETF expectations looming, many traders are using different types of call spreads to create their desired exposure.
Strategies like the ratio spread shown here benefit immensely from Siren Flow's capital efficient portfolio margin system. 🧜♀️