After learning about options I tried Binance Options (BNB - 5 mins - Call ). My premium was 2.3848 USDT and I lost 1.7 USDT (Even though market went in my way time ran out). I just wanted to try and understand how they works. After clicking diferrent time frames my thought was is it almost impossible to make profit in Binance Options. Even Break Even prices are so high that market need to make huge swings to be profitable it's like Binance is guaranteed to profit from the traders.
Am I wrong ?
Then how can I make profitable trades in Options?
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