Which options contracts are commonly used by cryptocurrency traders?

3 answers

• Dec 18, 2021 · 3 years ago
  Cryptocurrency traders commonly use call options, put options, and covered calls. Call options give traders the right to buy a cryptocurrency at a predetermined price, put options give them the right to sell a cryptocurrency at a predetermined price, and covered calls involve selling call options on cryptocurrencies that traders already own. These contracts can be used to profit from expected price movements and generate income from premiums received for selling options.
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• Dec 18, 2021 · 3 years ago
  Cryptocurrency traders commonly use call options, put options, and covered calls. Call options give traders the right to buy a cryptocurrency at a predetermined price, put options give them the right to sell a cryptocurrency at a predetermined price, and covered calls involve selling call options on cryptocurrencies that traders already own. These contracts can be used to profit from expected price movements and generate income from premiums received for selling options.
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• Dec 18, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers a wide range of options contracts for cryptocurrency traders. Some of the commonly used contracts include call options, put options, and covered calls. These contracts provide traders with the flexibility to profit from expected price movements and generate income from selling options. It's important for traders to carefully consider their trading strategies and risk tolerance before engaging in options trading.
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