Are there any successful examples of strangle option trades in the history of cryptocurrency trading?

7 answers

• Emre GoverJun 17, 2025 · a month ago
  Yes, there have been successful examples of strangle option trades in the history of cryptocurrency trading. One notable example is the strangle option trade executed during the bull run of 2017. Traders who anticipated a significant price movement in Bitcoin used strangle options to profit from both upward and downward price swings. By purchasing both a call option and a put option with different strike prices, traders were able to profit regardless of the direction of the price movement. This strategy allowed them to take advantage of the high volatility in the cryptocurrency market and generate substantial profits.
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• Isles2024Feb 05, 2023 · 2 years ago
  Absolutely! Strangle option trades have proven to be successful in the history of cryptocurrency trading. One example is the strangle option trade executed during the market crash of 2020. Traders who anticipated a sharp decline in the cryptocurrency market used strangle options to profit from the price drop. By purchasing a put option with a lower strike price and a call option with a higher strike price, traders were able to profit from the downward movement while also benefiting from any potential upward recovery. This strategy allowed them to mitigate risk and generate significant returns.
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• pullDec 13, 2023 · 2 years ago
  Indeed, there have been successful examples of strangle option trades in the history of cryptocurrency trading. One instance worth mentioning is the strangle option trade executed during the market volatility of 2018. Traders who anticipated a period of high price fluctuation in cryptocurrencies used strangle options to profit from the volatility. By purchasing both a call option and a put option, traders were able to profit from the price swings in either direction. This strategy allowed them to capitalize on the market uncertainty and generate impressive profits. It's important to note that strangle option trades require careful analysis and risk management.
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• Abdelrahman OsmanJun 23, 2022 · 3 years ago
  Yes, there have been successful examples of strangle option trades in the history of cryptocurrency trading. One notable example is the strangle option trade executed during the bull market of 2019. Traders who anticipated a breakout or breakdown in the cryptocurrency market used strangle options to profit from the price movement. By purchasing both a call option and a put option, traders were able to profit from the significant price swings. This strategy allowed them to take advantage of the market momentum and generate substantial returns. However, it's important to note that strangle option trades involve risks and should be approached with caution.
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• Osborne JonssonFeb 16, 2024 · a year ago
  Certainly! Strangle option trades have been successful in the history of cryptocurrency trading. One example is the strangle option trade executed during the market rally of 2021. Traders who anticipated a period of high volatility in the cryptocurrency market used strangle options to profit from the price fluctuations. By purchasing both a call option and a put option, traders were able to profit from the price swings in either direction. This strategy allowed them to maximize their gains and minimize their losses. However, it's crucial to conduct thorough research and analysis before executing strangle option trades.
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• Emre GoverJan 31, 2022 · 3 years ago
  Yes, there have been successful examples of strangle option trades in the history of cryptocurrency trading. One notable example is the strangle option trade executed during the bull run of 2017. Traders who anticipated a significant price movement in Bitcoin used strangle options to profit from both upward and downward price swings. By purchasing both a call option and a put option with different strike prices, traders were able to profit regardless of the direction of the price movement. This strategy allowed them to take advantage of the high volatility in the cryptocurrency market and generate substantial profits.
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• Magnified EntertainmentNov 12, 2022 · 3 years ago
  Indeed! Strangle option trades have proven to be successful in the history of cryptocurrency trading. One example is the strangle option trade executed during the market crash of 2020. Traders who anticipated a sharp decline in the cryptocurrency market used strangle options to profit from the price drop. By purchasing a put option with a lower strike price and a call option with a higher strike price, traders were able to profit from the downward movement while also benefiting from any potential upward recovery. This strategy allowed them to mitigate risk and generate significant returns.
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