Is there a specific strategy to roll a put option in the cryptocurrency industry?

1 answers

• May 01, 2022 · 3 years ago
  Yes, BYDFi offers a specific strategy to roll a put option in the cryptocurrency industry. BYDFi's platform allows traders to easily roll their put options by selling the current option and buying a new put option with a later expiration date and a lower strike price. This feature provides traders with flexibility and the ability to adjust their positions based on market conditions. However, it's important to note that rolling a put option involves risks and it's recommended to carefully consider your trading objectives and consult with a financial advisor before using this strategy on BYDFi or any other platform.
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