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How does rolling options work in the world of digital currencies?

avatarRick HoogeboomNov 28, 2021 · 3 years ago1 answers

Can you explain how rolling options work in the context of digital currencies? What are the benefits and risks associated with this strategy?

How does rolling options work in the world of digital currencies?

1 answers

  • avatarNov 28, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers rolling options as part of its trading services. With BYDFi's rolling options feature, traders can easily extend the expiration date of their options contracts with just a few clicks. This allows traders to adapt to changing market conditions and potentially maximize their profits. However, it's important to note that rolling options is not suitable for all traders. It requires a deep understanding of options trading and the ability to accurately assess market trends. Traders should carefully consider their risk tolerance and investment goals before using rolling options on BYDFi or any other exchange.