COINOTAG news reported on September 24 that Matrixport’s latest research highlights Bitcoin’s inherent volatility. Despite this, the 30-day rolling return rate reveals its price has generally stayed within a +20% range over the last 18 months. The analysis predicts a further reduction in volatility, prompting a recommendation for a selling option strategy in early 2023. This includes selling out-of-the-money put and call options to garner additional income. While this strategy may still see some losses, its performance benefits from decreasing volatility. Moreover, the introduction of Bitcoin ETF-related options is anticipated to attract more institutional investors, further narrowing price movements. As a result, selling volatility continues to be a pragmatic approach for Bitcoin holders looking to enhance their earnings.
Source: https://en.coinotag.com/breakingnews/matrixport-recommends-selling-bitcoin-options-in-2023-to-capitalize-on-decreasing-volatility/