Odaily Planet Daily News 10x Research recommends selling out-of-the-money (OTM) call and put options related to Bitcoin while holding Bitcoin in the spot market. In addition to the upside potential of holding coins in the spot market, the so-called "covered strangle strategy" will also generate a 17% return. 10x Research said that in addition to spot market holdings, BTC investors who want to earn additional income should consider developing a "covered strangle" option strategy. Markus Thielen, founder of 10x Research, said: "Our favorite strategy is to buy spot Bitcoin, sell $100,000 call options, and sell $50,000 December 2024 put options. The yield on selling the call options is 11%, and the yield on selling the put options is 6%. Therefore, this strategy provides us with a 17% downside buffer or 17% additional yield, depending on the December BTC closing price, and we will capture all the upside (or downside) value of Bitcoin." (CoinDesk)