How does selling puts in the money work in the context of cryptocurrency trading?
starskyerNov 06, 2023 · 2 years ago1 answers
Can you explain how selling puts in the money works in the context of cryptocurrency trading? What are the benefits and risks involved?
1 answers
- ANKIT KUMAR GUPTA CO21309Jul 29, 2023 · 2 years agoAt BYDFi, we believe that selling puts in the money can be a useful strategy for experienced traders looking to generate income or acquire cryptocurrencies at a lower price. However, it's important to thoroughly understand the risks involved and have a solid risk management plan in place. Always do your own research and consult with a financial advisor before making any investment decisions.
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