Crypto Options Trading

There are numerous benefits of trading Crypto Options on StormGain. With Crypto Options, you have the opportunity to expand your portfolio. You can use Crypto Options to hedge and improve risk management. You also stand the chance of making exponentially more profit than you would trading traditional cryptocurrencies.

Speculation is a perfectly legitimate strategy of aiming for a significant gain quickly while willing to take a bigger risk. This is another approach from that of a long-term investor, and Crypto Options could be a helpful tool in a speculator’s arsenal.

You can either use:

• Long Call = Buying a Call Crypto option
• Long Put = Buying a Put Crypto option

For more details about these strategies please read here.

Yes, you can.

Crypto Options helps to hedge your portfolio by allowing you to maintain the relative price of your investment in the underlying asset, while reducing loss when the market goes against your “put” or “call” postions. Better yet, trading Crypto Options allows you to hold your crypto asset without actually trading the asset itself, and still make profit if price goes up or down, by buying a put or call option, depending on your bias in a given period.

There are several  major factors that determine the value of Bitcoin Option:

• The price of Bitcoin itself, of course.
• Market volatility is another key factor. Higher volatility of the underlying asset typically means a higher price for the associated Crypto Options.
• The expiration date: the more time there is until expiry, the more likely it is that the Option will reach or exceed its strike price.
• Finally, the supply and demand for specific Crypto Options will also influence its price.

Log into the StormGain platform. Select on the menu; “Trading”, and choose the “Options” section (in the web terminal, you need to click on the “plus” button, in mobile application scroll to “Options” ). They are listed as a subsection of the underlying asset with different types (Call and Put), expiry months, and strike prices.

Yes you can.

Crypto Options, by nature, have higher impulse movements than their underlying crypto assets, which makes them more volatile. Add the already volatile nature of cryptocurrencies, and you have an increased opportunity of making huge returns compared with trading traditional options alone.

Additionally, traditional cryptocurrencies are prone to extended periods of price consolidations, which can make trading them relatively less profitable at those times. Trading the more volatile Crypto Options during these periods allows you to earn more profit.

Leverage trading is available on StormGain for Crypto Options. Although it is important to note that Crypto Options are extremely volatile by themselves, even compared with traditional Crypto assets. Therefore, we advise that you be extremely cautious using leverage while trading Crypto Options.