What is the impact of high strike prices on cryptocurrency options trading?
Athul NairMay 07, 2022 · 3 years ago1 answers
How does the use of high strike prices affect the trading of cryptocurrency options?
1 answers
- May 07, 2022 · 3 years 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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