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This simple Bitcoin options strategy lets traders profit while also hedging their bets

by Cointelegraph By Marcel Pechman

December 1, 2021

in Bitcoin

This simple Bitcoin options strategy lets traders profit while also hedging their bets

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Bitcoin (BTC) $ 108,496.07 1.61%

Ethereum (ETH) $ 2,507.26 0.27%

Tether (USDT) $ 1.00 0.01%

XRP (XRP) $ 2.38 1.22%

BNB (BNB) $ 671.93 3.59%

Solana (SOL) $ 170.87 1.85%

USDC (USDC) $ 1.00 0.01%

Dogecoin (DOGE) $ 0.230213 2.66%

Cardano (ADA) $ 0.760922 2.94%

TRON (TRX) $ 0.26688 1.42%

Lido Staked Ether (STETH) $ 2,506.92 0.43%

Wrapped Bitcoin (WBTC) $ 107,913.91 1.42%

Sui (SUI) $ 3.90 0.69%

Chainlink (LINK) $ 15.94 2.37%

Wrapped stETH (WSTETH) $ 3,016.89 0.20%

Avalanche (AVAX) $ 22.85 1.99%

Hyperliquid (HYPE) $ 27.94 7.67%

Stellar (XLM) $ 0.29107 1.51%

Shiba Inu (SHIB) $ 0.000015 2.13%

Hedera (HBAR) $ 0.196842 1.88%

LEO Token (LEO) $ 8.84 0.73%

Bitcoin Cash (BCH) $ 405.76 3.75%

Toncoin (TON) $ 3.07 0.29%

Litecoin (LTC) $ 96.13 2.48%

Polkadot (DOT) $ 4.75 2.49%

Monero (XMR) $ 390.00 12.23%

USDS (USDS) $ 1.00 0.00%

WETH (WETH) $ 2,503.07 0.32%

Bitget Token (BGB) $ 5.20 0.92%

Wrapped eETH (WEETH) $ 2,672.55 0.14%

Pi Network (PI) $ 0.834158 11.86%

Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.09%

Pepe (PEPE) $ 0.000013 2.03%

Ethena USDe (USDE) $ 1.00 0.04%

Coinbase Wrapped BTC (CBBTC) $ 108,497.07 1.65%

WhiteBIT Coin (WBT) $ 30.24 0.01%

Bittensor (TAO) $ 439.43 5.98%

Aave (AAVE) $ 248.24 3.89%

Uniswap (UNI) $ 6.16 4.95%

Dai (DAI) $ 1.00 0.00%

NEAR Protocol (NEAR) $ 2.83 2.45%

Aptos (APT) $ 5.21 1.87%

OKB (OKB) $ 52.16 0.10%

Jito Staked SOL (JITOSOL) $ 205.41 1.72%

Ondo (ONDO) $ 0.968239 2.90%

Kaspa (KAS) $ 0.111742 2.66%

BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%

Cronos (CRO) $ 0.096956 0.68%

Tokenize Xchange (TKX) $ 35.96 0.26%

Ethereum Classic (ETC) $ 18.88 3.04%

This simple Bitcoin options strategy lets traders profit while also hedging their bets

Bitcoin hits new highs in the absence of ‘unhealthy’ leverage use — Will the rally continue?

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