03-09-2026, 06:00 PM
A Practical Guide to Crypto Options
A Practical Guide to Crypto Options
This guide is for you if:
You want to earn yield from BTC, ETH, XRP instead of just holding
You are new to options and don’t know where to start
You want a clear and repeatable, step-by-step framework you can follow
You are focused on long-term, consistent income
![[Image: IMG_0363.JPG]](https://images.squarespace-cdn.com/content/v1/68f4d3816634a05e21828f07/73f5d658-5adc-40d0-9d84-745570bb09ba/IMG_0363.JPG)
![[Image: PDF+1+1.png?format=750w]](https://images.squarespace-cdn.com/content/v1/68f4d3816634a05e21828f07/c523627b-bbfe-4204-9c9d-8260f3b7ba57/PDF+1+1.png?format=750w)
Inside the PDFs you’ll learn:
How to:
Identify the right market conditions for selling options
Choose proper strikes and expirations based on probability, not guesswork
Understand settlement before they happen
Manage risk in a structured, professional way
Apply the framework consistently over time
Guide includes:
3 PDFs, total: 65 pages
Illustrated, real-world examples
Beginner-friendly explanations
![[Image: PDF+2.png?format=750w]](https://images.squarespace-cdn.com/content/v1/68f4d3816634a05e21828f07/d933470e-cc44-45f0-8cf5-29aca2371c2b/PDF+2.png?format=750w)
What’s Inside the PDFs
Furthermore, you will learn from these PDFs:
How to define market bias using 3 objective tools
When to sell puts vs calls
How delta affects premium
How cash settlement really works (with BTC examples)
How to size positions safely
Real trade examples with numbers
![[Image: PDF+3.png?format=750w]](https://images.squarespace-cdn.com/content/v1/68f4d3816634a05e21828f07/57f739df-0049-44ed-8dcf-b054c00bc5d3/PDF+3.png?format=750w)
What You’ll Learn Inside the Options Guide
Part 1 – The Strategy Selection Framework
(The Decision Engine Behind Every Profitable Trade)
This is where most traders fail — they jump into trades without understanding the volatility and risk environment.
In this section, you’ll learn how to think like a professional options seller:
How to analyze the volatility environment — and use it to your advantage instead of being trapped by it
Multiple practical tools to measure and interpret volatility
How to read the market environment and match it with the right strategy
A structured framework to assess the current risk environment
A repeatable decision process that removes emotional trading
Part 2 – Cash-Secured Puts .
(Build Consistent Income With a Structured Approach)
This is a complete, practical step-by-step guide to executing Cash-Secured Puts in crypto markets.
You’ll learn:
A clear overview of how the strategy truly works
How to select the right expiration date based on your experience and risk tolerance
How to choose strike prices strategically — not randomly
How volatility influences strike selection (and how to use it properly)
How to select the correct margin type
How to calculate profitability before entering the trade
A professional Pre-Trade Checklist to avoid costly mistakes
Real numerical settlement examples on Deribit
Real numerical settlement examples on Bybit (USDT options)
This section transforms you from “selling puts” to executing a structured income strategy.
Part 3 – Covered Calls .
(Turn Your Spot Holdings Into Cash Flow)
If you already hold BTC or ETH, this strategy allows you to generate additional yield on top of your position.
Inside this practical guide, you’ll discover:
How Covered Calls truly generate income
How to select expiration dates based on your goals and experience
How to choose strike prices strategically
How to integrate volatility into your strike selection
How to calculate profitability and understand payoff scenarios
A professional Pre-Trade Checklist to avoid costly mistakes
Real settlement examples on Deribit
Real settlement examples on Bybit (USDT options)
This is not theory.
It’s a structured execution framework.
Code:
https://www.edwardkaycrypto.com/guideA Practical Guide to Crypto Options
This guide is for you if:
You want to earn yield from BTC, ETH, XRP instead of just holding
You are new to options and don’t know where to start
You want a clear and repeatable, step-by-step framework you can follow
You are focused on long-term, consistent income
![[Image: PDF+1+1.png?format=750w]](https://images.squarespace-cdn.com/content/v1/68f4d3816634a05e21828f07/c523627b-bbfe-4204-9c9d-8260f3b7ba57/PDF+1+1.png?format=750w)
Inside the PDFs you’ll learn:
How to:
Identify the right market conditions for selling options
Choose proper strikes and expirations based on probability, not guesswork
Understand settlement before they happen
Manage risk in a structured, professional way
Apply the framework consistently over time
Guide includes:
3 PDFs, total: 65 pages
Illustrated, real-world examples
Beginner-friendly explanations
![[Image: PDF+2.png?format=750w]](https://images.squarespace-cdn.com/content/v1/68f4d3816634a05e21828f07/d933470e-cc44-45f0-8cf5-29aca2371c2b/PDF+2.png?format=750w)
What’s Inside the PDFs
Furthermore, you will learn from these PDFs:
How to define market bias using 3 objective tools
When to sell puts vs calls
How delta affects premium
How cash settlement really works (with BTC examples)
How to size positions safely
Real trade examples with numbers
![[Image: PDF+3.png?format=750w]](https://images.squarespace-cdn.com/content/v1/68f4d3816634a05e21828f07/57f739df-0049-44ed-8dcf-b054c00bc5d3/PDF+3.png?format=750w)
What You’ll Learn Inside the Options Guide
Part 1 – The Strategy Selection Framework
(The Decision Engine Behind Every Profitable Trade)
This is where most traders fail — they jump into trades without understanding the volatility and risk environment.
In this section, you’ll learn how to think like a professional options seller:
How to analyze the volatility environment — and use it to your advantage instead of being trapped by it
Multiple practical tools to measure and interpret volatility
How to read the market environment and match it with the right strategy
A structured framework to assess the current risk environment
A repeatable decision process that removes emotional trading
Part 2 – Cash-Secured Puts .
(Build Consistent Income With a Structured Approach)
This is a complete, practical step-by-step guide to executing Cash-Secured Puts in crypto markets.
You’ll learn:
A clear overview of how the strategy truly works
How to select the right expiration date based on your experience and risk tolerance
How to choose strike prices strategically — not randomly
How volatility influences strike selection (and how to use it properly)
How to select the correct margin type
How to calculate profitability before entering the trade
A professional Pre-Trade Checklist to avoid costly mistakes
Real numerical settlement examples on Deribit
Real numerical settlement examples on Bybit (USDT options)
This section transforms you from “selling puts” to executing a structured income strategy.
Part 3 – Covered Calls .
(Turn Your Spot Holdings Into Cash Flow)
If you already hold BTC or ETH, this strategy allows you to generate additional yield on top of your position.
Inside this practical guide, you’ll discover:
How Covered Calls truly generate income
How to select expiration dates based on your goals and experience
How to choose strike prices strategically
How to integrate volatility into your strike selection
How to calculate profitability and understand payoff scenarios
A professional Pre-Trade Checklist to avoid costly mistakes
Real settlement examples on Deribit
Real settlement examples on Bybit (USDT options)
This is not theory.
It’s a structured execution framework.