What are advanced bitcoin options trading strategies?

There are many advanced Bitcoin options trading strategies for experienced Bitcoin options traders with multiple positions and contracts in play to balance their risk. These include the covered call, protective put, long call spread and long put spread, to name just a few.

Where can I buy bitcoin options?

Numerous digital asset exchanges provide crypto derivatives, including Bitcoin options, on their platforms. Notable examples include Bybit, Deribit, and OKX. There, you will find BTC options contracts with various strike prices and expiration dates, giving crypto traders the flexibility to execute complex options trading strategies.

What are bitcoin options & how do they work?

As opposed to buying and holding Bitcoin, Bitcoin options give you the leverage to take speculative positions (i.e., upward or downward) on BTC's price movement. Considering how volatile the cryptocurrency asset is, Bitcoin options open up an avenue for investors and traders to speculate the asset's price at a fraction of the cost.