Binance Lists Sell-Side Options Strategies Covered Call and Cash-Secured Put

PANews October 15 news, according to an official announcement, the Binance platform has officially launched two sell-side (Short) options income strategies: Covered Call and Cash-Secured Put. It is reported that both strategies only accept limit orders, and the delivery and settlement of the underlying stocks are custodied on behalf of Binance users by brokerage infrastructure service provider Alpaca. Regarding trading hours, they correspond to regular U.S. stock market trading hours and some delayed closing sessions. In addition, users must pass the Options Suitability Quiz and sign the relevant risk agreement before participating.