What factors should I consider when using an options calculator for my Bitcoin trades?

1 answers

• May 08, 2022 · 3 years ago
  When using an options calculator for your Bitcoin trades, it's important to consider the implied volatility. This will give you an idea of the market's expectation of future price movements and can help you assess the potential profitability of your options. Additionally, you should take into account the time decay, as options lose value over time. It's also crucial to compare the strike price of the options with the current price of Bitcoin to determine the potential profit or loss. Lastly, make sure to factor in the fees associated with using the options calculator and the trading platform. By considering these factors, you can make more informed decisions and improve your Bitcoin trading strategy.
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