Totally understand why everyone’s got the options bug after seeing dcfgod’s position.
I’ve dropped a few bite-sized options-trading guides in the past, and it’s been wild watching options turn into a legit contender to perps and memes (wen options,
@fomo /
@seyong?)
I’m trading on
@paradex and
@DeriveXYZ right now. If you’re torn between the two, this is the simplest way to think about it:
➥ Derive
→ Built around options, with perps mainly as a hedging tool.
→ Portfolio margin nets correlated exposures, so you often post less collateral.
→ RFQ/block flow lets you price an entire multi-leg structure in one request.
→ Cross-asset collateral via standard margin accounts.
➥ Paradex
→ Zero trading fees on eligible retail orders.
→ Your positions, P&L, and liq levels aren’t broadcast to the public.
→ Retail-only liquidity aiming for tighter quotes.
→ Perps, spot, and dated options under one roof.
NFA. DYOR.
Just bought 8600 5000/7000 ETH call spreads for march 2027
Basically if ETH is below 5k by then we lose $238k
But if ETH goes anywhere higher, we make all the upside on 8,600 ETH
At $6k that's $8.3M profit
At $7k that's $17M profit
1x downside, 71x upside.
Perps could never provide this because
- to get 8.6k eth exposure I'd need like $4M in collateral (5x perp)
- Even with a 5x perp if eth dips to just 1.9k I'd be liquidated and lose it all before the expire
- If funding rates are 10% it would cost me over $1M in funding fees to hold the position until late march
Instead I paid $238k all in and never need to spend another cent
ty for the copy trade
@koolkrypto223
it just took 10 minutes on the
@DeriveXYZ RFQ system
note: dcf cap holds drv (and these spreads)
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