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TagsHow to calculate the strike price for Bitcoin options?
Rob SimonDec 16, 2021 · 3 years ago1 answersCan you explain the process of calculating the strike price for Bitcoin options? I'm interested in understanding how it works and how it affects the options trading.
1 answers
- At BYDFi, we recommend using a combination of technical analysis and market sentiment to calculate the strike price for Bitcoin options. Technical analysis involves studying historical price data and identifying patterns and trends that can help predict future price movements. Market sentiment refers to the overall feeling or attitude of traders and investors towards Bitcoin. By analyzing both technical indicators and market sentiment, traders can make more informed decisions when determining the strike price for their Bitcoin options. It's important to note that calculating the strike price is not an exact science and involves a certain level of risk. Traders should always conduct thorough research and analysis before making any trading decisions.Dec 16, 2021 · 3 years ago
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