What are the most profitable trading hours for VIX options in the cryptocurrency space?
Cait Lorenzo-MahonNov 27, 2021 · 3 years ago3 answers
In the cryptocurrency space, during which trading hours are VIX options most profitable?
3 answers
- Nov 27, 2021 · 3 years agoThe most profitable trading hours for VIX options in the cryptocurrency space can vary depending on market conditions and the specific cryptocurrency exchange. However, generally speaking, the hours with the highest trading volume and volatility tend to offer more profitable opportunities. This often includes the overlap between the trading hours of major cryptocurrency exchanges, such as Binance and Coinbase. During these hours, there is typically increased liquidity and price movement, which can lead to more profitable trades. It's important to note that trading VIX options in the cryptocurrency space carries inherent risks, and it's crucial to conduct thorough research and analysis before making any trading decisions.
- Nov 27, 2021 · 3 years agoWhen it comes to VIX options in the cryptocurrency space, the most profitable trading hours can be subjective and depend on various factors. Some traders may find success during the early morning hours when the market is less crowded and there may be opportunities for price discrepancies. Others may prefer the afternoon hours when trading volume tends to pick up and there is increased market activity. It's important to consider your own trading strategy, risk tolerance, and market conditions when determining the most profitable trading hours for VIX options in the cryptocurrency space.
- Nov 27, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, suggests that the most profitable trading hours for VIX options in the cryptocurrency space are typically during the peak trading hours of major cryptocurrency exchanges. This includes the hours when the market is most active and there is high trading volume. However, it's important to note that profitability can vary depending on individual trading strategies and market conditions. It's always recommended to stay informed about market trends and conduct thorough analysis before making any trading decisions.
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