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Binance Adds CoveredCall and Cash-SecuredPut Stock Options Strategies

Users can back options contracts with stock or USDC collateral and collect premiums when they sell them.

By Enna Lee
Published
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Gold rings frame a stock certificate and stacked collateral discs / TokenPost.ai
Gold rings frame a stock certificate and stacked collateral discs / TokenPost.ai

Binance has added two options-selling strategies to its stock-options offering, giving users additional ways to sell contracts backed by stock or USDC and collect premiums.

The strategies are named CoveredCall and Cash-SecuredPut. Users who sell contracts through the offering can use stock or USDC as collateral and earn premiums from the sales.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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