Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.
Earning a living with Bitcoin is possible but I do not think that it is possible for everyone because you will need to handle in allot of them.
You will have to invest allot of money if you want to be able to to that.
Trading the altcoin could be good as long as the price of the altcoin and the bitcoin rises in the long term.