Option Wheel
A rules-based, controlled-risk options-income strategy on a core asset — systematically selling options to harvest steady premium, with disciplined strike selection that keeps risk defined and protects your average entry.
Turn idle crypto into steady income — without ever giving up custody. Disciplined, hedged strategies run inside your own exchange account. You keep the keys; we run the strategy and can never withdraw your funds.
Packed Capital is a non-custodial crypto asset manager. It runs disciplined, hedged options-income strategies — Option Wheel and Hedged Grid — inside the client's own exchange account, so assets never leave the client's custody. Packed has a restricted, trade-only sub-account and cannot withdraw funds. Target yield is 20–25% per year.
Honest framing: market-neutral-leaning income with capped upside in exchange for protected downside — more than holding, far less risk than trading. Capital at risk; targets are objectives, not guarantees.
The whole model is built so your funds never leave your custody. Packed operates through a restricted sub-account — trade access only, never withdrawal.
Packed can trade on your balance, but can never move your funds. Your assets never leave your account.
Your capital stays in your own account on Deribit or Binance. Nothing is ever transferred to Packed.
You open a trade-only sub-account with restrictions. Packed can place trades but is technically unable to withdraw funds.
Packed runs Option Wheel or Hedged Grid on your balance, targeting steady income with hedged downside — while you keep full custody.
Where Packed sits between two things you already understand — passively holding, and actively trading.
Qualitative comparison of approaches, not a performance claim. Capital is at risk in every column.
We've been running and refining these strategies since 2018 — with our own capital in them before any client's. No borrowed track records, no hype numbers. The wave is the whole idea: calm, continuous, compounding motion instead of candlestick gambling.
If something isn't here, ask us directly — we reply to every request personally.
Tell us a little about your holdings and which strategy fits. We onboard a limited number of accounts and reply to every request personally.