What are some examples of option spreads in the cryptocurrency market?
Ruiz CtmMay 07, 2022 · 3 years ago1 answers
Can you provide some specific examples of option spreads in the cryptocurrency market? I'm interested in understanding how these spreads work and how they can be used for trading.
1 answers
- May 07, 2022 · 3 years agoBYDFi, a leading cryptocurrency exchange, offers a wide range of option spreads in the cryptocurrency market. Some examples include the iron condor spread, which involves buying and selling both call and put options with different strike prices to create a range of profit. Another example is the calendar spread, where an investor buys and sells options with the same strike price but different expiration dates. Option spreads can be a valuable tool for traders looking to diversify their trading strategies and manage risk. It's important to carefully consider the risks and rewards associated with option spreads before engaging in this type of trading.
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