What are the benefits of selling cryptocurrency options after hours?

3 answers

• May 01, 2022 · 3 years ago
  Selling cryptocurrency options after hours can be beneficial because it allows you to take advantage of market movements that occur outside of regular trading hours. This means that you have the opportunity to react to news or events that may impact the price of the underlying cryptocurrency before the market opens or after it closes. By selling options during these times, you can potentially profit from these price movements and increase your overall returns.
  464

  232
• May 01, 2022 · 3 years ago
  One of the benefits of selling cryptocurrency options after hours is the reduced competition. Since not all traders are active during these times, there may be less liquidity and fewer participants in the market. This can create opportunities for you to negotiate better prices or find more favorable terms when selling options. Additionally, the reduced competition can also lead to lower transaction costs, as there may be less demand for options during off-peak hours.
  471

  157
• May 01, 2022 · 3 years ago
  At BYDFi, we believe that selling cryptocurrency options after hours can provide unique advantages for traders. By taking advantage of after-hours trading, you can potentially access a wider range of trading opportunities and increase your chances of finding profitable trades. However, it's important to note that trading after hours also comes with its own risks and challenges. It's crucial to stay informed about market developments and have a solid trading strategy in place to mitigate these risks and maximize your potential profits.
  540

  135