Future market outlook and operational strategies Some people say that a bear market has come, but emotionally and logically, I really don't believe that this round will end like this. So, assuming it hasn't really ended yet, what should we do next? I looked through the "high selling" records of the past month and found a clear trend: From opening at a price of 4650 on October 5th to today's 3475 (subscription price), ETH has fallen by approximately 1200 in the past month, approaching 26%. In a scenario of sustained decline, the probability of a high put (selling a call option) being exercised is very low (there have only been two times in the past month, one of which was when the price was entered incorrectly). But if we expect a significant upward trend in the next one or two months, what are the differences? one ️⃣ The problem of bullish selling in a bull market In theory, we should not go against the trend. For example, one cannot sell bullish in a bull market or bearish in a bear market. In this way, your fixed income may not be able to cover the potential losses at all. That is to say, in a bull market, if you sell bullish, you will receive fixed income, but if you sell too early, it will lead to serious short selling. Even compared to the HOLD strategy of doing nothing (yes, HOLD is also a trading strategy). Vice versa. two ️⃣ Reduce revenue expectations One key point for option sellers is to avoid being exercised as much as possible. The annual interest rate displayed in dual currency investment can be considered to be directly proportional to the probability of being exercised. The higher the yield, the greater the probability of being exercised. In this way, in an expected bull market, you should choose a lower annual interest rate to avoid being exercised. You can calculate it like this: Assuming an annual interest rate of 365%, that means a daily return of 1%. Once ETH (or a target of your choice) rises by more than 1% on the same day, it means you have lost money. Use this method to remind yourself not to be too greedy for excessively high APY. three ️⃣ Enhance spot returns instead of gambling Holding spot goods and participating in "high selling" should be used to enhance the returns of spot goods, not to participate in some kind of gambling with one's own small E or big cake. Deep down, you don't want to sell your stock so early, nor do you want to sell it at such a low price. Some tracks are more suitable for gambling because the potential returns may be extremely high, but in this "dual currency investment" track, stability is still the main focus. The above.