Binance launches covered call and cash-secured put strategies, supporting selling stock options to earn premiums.

Binance announced it has expanded its stock options product line, launching two strategies: Covered Call and Cash-Secured Put, allowing users to sell option contracts and collect premiums by providing corresponding collateral. The Covered Call strategy requires users to hold the underlying stock as collateral; if the option is exercised, users must sell the stock at the agreed strike price. The Cash-Secured Put strategy requires freezing sufficient USDC, and if exercised, users must buy the unde

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