What are the advantages and disadvantages of using cash secured put versus covered put in the cryptocurrency market?

1 answers

• Bruno LampreiaJun 07, 2024 · a year ago
  BYDFi, a leading cryptocurrency exchange, recommends considering both strategies based on individual risk tolerance and market conditions. The cash secured put strategy can be suitable for investors who are willing to potentially acquire the cryptocurrency at a higher price, while the covered put strategy may be more suitable for those who want to accumulate more of the cryptocurrency at a lower price. It's important to carefully assess the market conditions and potential risks before implementing either strategy in the cryptocurrency market.
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