What you're copying
The desk runs two BTC option-strangle programs. When it opens or closes a leg, your connected account mirrors it automatically. Here's how each one works.
The desk buys an out-of-the-money call and put on BTC at the same time. It profits when BTC makes a big move in either direction (or when volatility rises).
- Upside β gains can be large if BTC swings hard; you're long volatility.
- Risk β the premium paid is the most a leg can lose. Time decay works against the position while BTC stays calm.
- Best when β a large move is expected but the direction isn't.
The desk sells an out-of-the-money call and put, collecting premium up front. It profits when BTC stays range-bound and the options expire cheap.
- Upside β steady premium income in calm, sideways markets.
- Risk β this is a short option position: a sharp BTC move can cause losses larger than the premium collected. Size conservatively.
- Best when β BTC is expected to trade in a range with falling volatility.
Proportional (default) β each copied leg scales to your balance versus the desk's, so you take the same relative exposure. Fixed β every leg opens at a contract size you set (0.01β5.00 per leg) regardless of balance. You choose per program on the Account page.
Stopping a program closes its open positions first, then turns copying off β you're never left holding a leg the desk has already exited.
π See the live track record on Performance Β· π Sign in with Google to connect a program and start copying.
Educational summary only β not financial advice. Options carry risk, including loss of capital. Copy only what you can afford to lose.