TLDR
Options when used correctly can help you combat crypto market volatility and even profit from it. I am going to share 3 strategies that professionals use daily. Sell call options to enhance earnings and mitigate against losses. Buy Puts to protect your assets and reduce the cost of hedging. Collar (Sell Call + Buy Put) is an easy way to reduce those costs significantly. To build a collar, you should sell a call above market price and buy a put below the market price to protect the assets from downside risk.via the TL;DR App
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Written by AdrianTan_Sparrow | Professional proprietary trader of 8 years; CIO of Sparrow, leading options trading platform