What are some key metrics to include in an options trading log for Bitcoin and other cryptocurrencies?

1 answers

• driwnMar 06, 2021 · 4 years ago
  At BYDFi, we recommend including the following metrics in an options trading log for Bitcoin and other cryptocurrencies: 1. Option strategy: Whether it's a covered call, straddle, or butterfly spread. 2. Open interest: The number of outstanding option contracts. 3. Volume: The number of options traded during a specific period. 4. Bid-ask spread: The difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept. 5. Historical price data: The price movements of the underlying cryptocurrency. 6. Market sentiment: The overall attitude of traders towards the market. These metrics can provide valuable insights into market trends, liquidity, and trading opportunities.
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