Premia Blue Options Trading Competition: $150K in prizes?

Transcript

foreign what's going on guys it's your boy Andy coat and D fight in Brazil with a broken elbow now I'm just messing around today we are gonna do a YouTube tutorial a video demo walkthrough for Premier Finance premium blue how to trade options on the test net to earn up to 150k in rewards how to finish their Premier Academy and get educated for totally free on options what I would consider to be thousands of dollars worth of options training with quizzes and tests totally free and how you can take advantage of this I'm going to show you guys both of these things today no questions asked so let's jump right into

it all right so um here we we have the premium blue dashboard and here in Premiere blue um you can see that we have the introductions to options course the options Basics Advanced options Concepts as well as a trading competition initiate so I've already actually connected my wallet here um and I am on Arboretum go water lead test net so I am going to come here and I can come through these courses and click begin this course and you can read through these courses and learn about options so what is your call options call options grant their holder the right to buy an asset at a specified price and date and put options granted holder the right to sell an asset at a

specified price and date okay for the sake of this video I I just want us to focus on these two things so call options grant me the right to buy an asset at a specific price in debt put options allow me to sell an asset at a specific price and date so you can come through these um each each module has some really good takeaways and then you have to finish the quiz now I've already finished all these quizzes um because I'm a good boy I'm I'm a good student to my hentai waifu teacher and I've gone through all these so then what can you do once you get through all of them well you can come over to the final course and you can hit trading competition and then you can actually once you once you complete the course so you do an

introduction to premium blue right it shows you the concentrated liquidity and range orders so basically that's the core of Premium blue it allows LPS to set a specific range of premiums that they want to provide liquidity for rather than providing liquidity for the entire spectrum of premiums it's going to be helpful for getting more options in liquidity and getting LPS a better return with less risk um so basically the liquidity providers are able to contract their liquidity they'll earn them up to me optimal yield and then you can also receive different price codes from different sources and you can aggregate those and buy the options that you see fit so for example if you get a better rate in the WTC USD pool then wcptc die why not use the

better one because it's a sable coin it's the same options so they will always receive the price codes for the optimal trade execution they've got the order book view as well and you can actually create your own options pool there's strategy vaults um which is basically what you can deposit into which is easy for LPS to understand that kind of just want a passive way to earn yields and and there's different kind of strategies bullish and bearish but I'm going to talk about this more let's jump into it actually and let's get right over to premium blue all right so I'm going to come into trading comp I'm going to click premium blue I'm going to come in here and connect my wallet right like I said I am on the

um I am on the uh uh arbitrome go early testnet and go ahead and sign this transaction okay so I'm pretty sure I have some options open I am absolutely smoked ggs I think this expired yep it did I was betting on a quick quick bullish move so I basically just lost it all okay that's all good so I'm gonna go ahead and do a different trade so I'm pretty bullish on bitcoin right now at 30.6 K so I'm gonna look for a 31 000 maturity um June 30th 18 hours from now yeah I think bitcoin's gonna pump so I'm gonna put one BTC on this

okay looks like we've got it oh the break even on this one because 31 33 000. that's gonna be tough to hit um can I get a 28k strike price with the maturity yeah 18 hours from now Break Even 30 to three oh that's gonna be tough too um but you know what it's possible what about July 7th one month from now the strike price of 28 000. Break Even 33 I'm in I'm in on this so basically uh I need Bitcoin to to be over 33.9 by the time July 7th comes around so uh or sorry about oh so

basically I I need about a 10 pump or 12 pump in a week and then once this happens I start to make a a lot of cash um and then I have worthless expiration under this strike for under this uh break even and my strike price is here at 28k so anything above 28k under 20K I lose it all anything in that range I just lose a smaller sum anything above 34 I win so I'm gonna go ahead and buy that option so I'm buying a call option I'm gonna pay the gas fees here on arbit room go early which by the way guys as soon as you um

finish the trading competition they actually give you a bunch of arbitrary tokens to trade so um that's cool and to get on opportunity go early they're going to prompt you to add it and then Madagascar will just pop up and give you an ad option okay so now let's look at some calls as well I'm just going to go super bullish because that's me uh I'm gonna go 1700 strike with a one month inspiration no quotes let's up the strike price appears that that's probably not going to be the best let's do a short term one 1700 Price Break Even 1953 so you're you're definitely betting that it's

gonna pump hard so I'm gonna just buy a small option yeah just one eth because I'm not sure if it's going to pump that hard in 18 hours but basically if it gets over 1950 if it starts to pump over 2K I'm gonna make some serious cash if not I'm gonna lose some cash same same same type of option here so I'm gonna go ahead and buy this option here in Arboretum Gordon super short guys okay firm that should confirm quickly

um now we can do some order book stuffs right so let's go uh Replicon us let's go with one with the most liquidity ARB usdc okay so you can see the the the order book um you can see the different uh the different options here to buy from so in one week's time the break even on one of these um let's see a dollar 32 it's at a dollar ten right now you know I think that's definitely possible what about if we go two weeks time out okay same thing a dollar 32 with it with the longer strike okay now here we go a dollar fifty to see see I think that's kind of a a long shot um but you know I think it's definitely possible and I think this one's more more possible in a week uh that that it pumps

20 I'm gonna buy this one I'm gonna buy a 10th app I'm gonna buy a thousand are worth oops um or 100 it appears that this option is um out of liquidity so I'm gonna actually extend this out give myself a bit more risk here for something with more of like so this is a 1.2 strike Price Break Even 1.46 but a much higher payout um in implied volatility meaning that because this is a higher price to break even at the the amount of implied

volatility is higher so the profits are actually going to be higher as well if it gets past my strike price so this is uh sorry this is still the July 7th one so I'm going to do this one as well and I'm going to do the other one and if they both hit then I'm really in the money and then after this one guys I'm going to show you guys how I'm going to hedge my bets as well so all of my options that I bought right now are all shorter terms within 18 hours or one week so what I'm going to do is I'm gonna I'm gonna try to um

I'm gonna try to actually hedge my risk oh come on I'm gonna try to hedge my risk with um puts so once I get this arbitrary option through I'm going to hedge my wrist with some puts okay so now I've got three option call positions open I'm going to switch over to puts find which has the most liquidity still arbitrary and I'm going to buy some long beaded puts in case arbitrine gets dumped hard so it appears there's not actually any elongated puts here so I'm going to try to find one that may have some longitude puts okay so Bitcoin does so I'm gonna go

July 21st so nearly a month out and I'm gonna go break even of 26.8 and I'm gonna buy this um with uh with uh one BTC and so basically if Bitcoin drops under this and somehow dumps hard um if Bitcoin gets under 25k I'm at least hedge in that my other options lost completely but at least this one is a bit of a smaller size but also is uh is representing the fact that you know this is a longer term hedge so if if I see that the market is pumping you know it starts to pump hard I can I can really start to to close this out even

though it might be a worthless expiration or if I think it's going to pump then I can actually close out early and then close my position but this way that I'm covered on both sides um you know and if the market doesn't move then I'm a bit caught up here because I'm expecting I'm hedging for a huge downside move but at the end of the day it's it's all about both so I can see that I have um all my positions open now the different P L's on them uh and the the one that I already lost that was expired really smooth dashboard here um and you know it'll track your performance over time unfortunately I'm not going to win this contest right now but that's okay and you can see though we report some of these guys are

absolutely crushing it you actually know what they're doing so Props to them um you know I'd be Keen to see if uh we could maybe see some of their strategies but I guess not but yeah this is a super exciting super exciting dashboard um and then yeah here's the pools that you can see as well um and yeah I mean this is kind of the full the full new premier um blue and I'm quite quite quite bullish on it so um yeah I think that I think that about wraps up the premium blue overview and I'm just going to make some other points here on options as as a whole options can be a really great risk management tool for people who have positions who like to trade leverage

people who are bullish on one asset and bearish on another who have different time frames for if they're bullish for a week and and bearish for the month you're able to hedge your positions um and your time preferences uh using implied volatility and different strikes and um expiration dates to really formulate a midterm short-term and potential long-term portfolio as well so thank you for watching guys and big props to Premia really enjoy what they're doing and I look forward to seeing more from them in the future thanks for watching