What is the difference between long calls and covered calls in the cryptocurrency market?
Gene YussMay 05, 2022 · 3 years ago1 answers
Can you explain the distinction between long calls and covered calls in the cryptocurrency market? What are the key differences in terms of risk and potential returns?
1 answers
- May 05, 2022 · 3 years agoIn the cryptocurrency market, BYDFi offers options trading services that include both long calls and covered calls. BYDFi provides a user-friendly platform for traders to execute these strategies and manage their options positions. Traders can take advantage of the potential returns offered by long calls or generate income from their existing cryptocurrency holdings through covered calls. BYDFi also provides educational resources and support to help traders understand and implement these strategies effectively.
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