In the past two weeks, driven by positive influences such as Binance Launchpool and Deribit’s upcoming launch of BNB options, the price of BNB has surged from a short-term low of $471.3 to a high of $616 early this morning, representing an overall increase of over 47%. The current price is around $602.
Market sentiment is generally optimistic, especially with Binance founder CZ expected to be released at the end of this month. Therefore, we could consider selling BNB put options expiring this Friday.
Trade Structure
Sell 1x BNB-27SEP24-580-P @ $2.75
Est.APR：🔥54.1%
Go to Coincall to trade BNB options now!
👉👉 https://www.coincall.com/options/BNBUSD
Disclaimer
This information is for reference only and does not constitute trading advice. Investors should conduct their own research before making any trading decisions.
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