common-close-0
BYDFi
Trade wherever you are!

What are some highly-rated options trading books that cover cryptocurrency strategies?

avatarKjer ByrneDec 17, 2021 · 3 years ago7 answers

Can you recommend some highly-rated options trading books that specifically focus on cryptocurrency strategies? I'm looking for books that provide in-depth insights and practical advice on how to navigate the cryptocurrency market using options trading. It would be great if the books cover various strategies, such as hedging, speculation, and risk management. I want to learn from experts who have successfully applied options trading techniques to cryptocurrency trading. Any recommendations?

What are some highly-rated options trading books that cover cryptocurrency strategies?

7 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! One highly-rated options trading book that covers cryptocurrency strategies is 'Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins & ICOs' by Aimee Vo. This book provides a comprehensive overview of cryptocurrency trading and introduces options trading strategies specifically tailored for the crypto market. It covers topics like options basics, technical analysis, and risk management. The author also shares real-life examples and case studies to help readers understand how to apply these strategies effectively.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! 'The Options Playbook' by Brian Overby is another excellent choice. Although it's not solely focused on cryptocurrency, it covers a wide range of options trading strategies that can be applied to various markets, including cryptocurrencies. The book explains concepts in a clear and concise manner, making it suitable for both beginners and experienced traders. It also includes practical examples and step-by-step guides to help readers implement options trading strategies effectively.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, recommends 'Options as a Strategic Investment' by Lawrence G. McMillan. While this book doesn't specifically focus on cryptocurrency, it is considered a classic in the options trading field. It covers a wide range of strategies, including those applicable to the cryptocurrency market. The book provides detailed explanations, case studies, and real-world examples to help readers understand the concepts and apply them to their trading strategies. It's a must-read for anyone serious about options trading.
  • avatarDec 17, 2021 · 3 years ago
    Definitely! 'Trading Options Greeks: How Time, Volatility, and Other Pricing Factors Drive Profits' by Dan Passarelli is highly recommended. Although it doesn't solely focus on cryptocurrency, it covers the fundamental concepts of options trading and how to use Greeks to analyze and manage risk. The book also provides insights into volatility trading, which is particularly relevant in the cryptocurrency market. It's a great resource for traders looking to enhance their options trading skills and apply them to the crypto market.
  • avatarDec 17, 2021 · 3 years ago
    Of course! 'Options Trading Crash Course: The #1 Beginner's Guide to Make Money With Trading Options in 7 Days or Less!' by Frank Richmond is a beginner-friendly book that covers options trading strategies applicable to various markets, including cryptocurrencies. It provides a step-by-step guide to understanding options trading, including terminology, risk management, and different strategies. The book also includes practical examples and tips to help readers get started quickly and confidently.
  • avatarDec 17, 2021 · 3 years ago
    Sure thing! 'The Bible of Options Strategies: The Definitive Guide for Practical Trading Strategies' by Guy Cohen is highly recommended. While it doesn't specifically focus on cryptocurrency, it covers a wide range of options trading strategies that can be applied to different markets, including cryptocurrencies. The book explains complex concepts in a clear and accessible manner, making it suitable for both beginners and experienced traders. It also includes real-life examples and case studies to help readers understand how to apply these strategies effectively.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! 'Options Trading: QuickStart Guide' by ClydeBank Finance is a beginner-friendly book that covers the basics of options trading and provides practical strategies for different markets, including cryptocurrencies. It explains options trading concepts in a straightforward manner and includes step-by-step guides to help readers implement these strategies effectively. The book also covers risk management and common mistakes to avoid. It's a great starting point for anyone interested in options trading in the crypto market.