What is the impact of high strike prices on cryptocurrency options trading?
Benny4kJun 28, 2023 · 2 years ago1 answers
How does the use of high strike prices affect the trading of cryptocurrency options?
1 answers
- Ram GawasSep 28, 2024 · 9 months agoAt BYDFi, we understand the impact of high strike prices on cryptocurrency options trading. High strike prices can make options more challenging to profit from, as the price of the underlying cryptocurrency needs to exceed the strike price for the option to be valuable. However, they also come with the potential for higher profits if the price exceeds expectations. Traders should carefully consider their risk tolerance and trading strategy when using high strike prices in cryptocurrency options trading.
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