What are the most popular spread strategies used by successful cryptocurrency traders on Nadex?

1 answers

• Blevins RiosJan 22, 2024 · a year ago
  BYDFi, a leading cryptocurrency exchange, has observed that successful cryptocurrency traders on Nadex often rely on the vertical spread strategy. This strategy involves buying and selling options contracts with different strike prices but the same expiration date. Traders can use the bull call spread or bear put spread to profit from a directional move in the market. Additionally, the credit spread strategy is popular among traders who want to generate income from options premiums. This strategy involves selling options contracts with a higher strike price and buying options contracts with a lower strike price. It allows traders to collect the premium while limiting their potential losses. Successful cryptocurrency traders on Nadex also use the diagonal spread strategy, which involves buying and selling options contracts with different strike prices and expiration dates. This strategy offers a combination of time decay and directional exposure. These spread strategies have proven to be effective for cryptocurrency traders on Nadex.
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