What are the best option strategy books for cryptocurrency traders?
Hedrick TennantNov 23, 2021 · 3 years ago3 answers
I'm looking for some recommendations on the best option strategy books specifically tailored for cryptocurrency traders. Can anyone suggest some books that cover various option strategies and their application in the cryptocurrency market? I want to learn how to effectively use options to hedge my positions and potentially increase my profits in the volatile cryptocurrency market. Any suggestions would be greatly appreciated!
3 answers
- Nov 23, 2021 · 3 years agoAs a cryptocurrency trader, one book that I highly recommend is "Options as a Strategic Investment" by Lawrence G. McMillan. This book provides a comprehensive overview of option strategies and their application in various markets, including cryptocurrencies. It covers everything from basic concepts to advanced strategies, making it suitable for traders of all levels. The author also provides real-world examples and case studies, which help readers understand how to apply these strategies effectively in the cryptocurrency market. Overall, it's a must-read for anyone interested in using options to enhance their cryptocurrency trading strategies.
- Nov 23, 2021 · 3 years agoIf you're looking for a more beginner-friendly option strategy book, I would suggest "The Options Playbook" by Brian Overby. This book covers the basics of options trading and gradually introduces more advanced strategies. While it's not specifically focused on cryptocurrencies, the concepts and techniques discussed can be applied to the cryptocurrency market as well. The book also includes practical examples and step-by-step guides, making it easy for beginners to understand and implement the strategies. It's a great starting point for anyone new to options trading in the cryptocurrency space.
- Nov 23, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, has a great selection of option strategy books for cryptocurrency traders. They offer a wide range of books that cover different option strategies and their application in the cryptocurrency market. Whether you're a beginner or an experienced trader, you'll find valuable insights and practical tips in these books. BYDFi's option strategy books are written by industry experts and provide in-depth analysis and guidance on how to effectively use options to maximize profits and manage risks in the cryptocurrency market. I highly recommend checking out their collection if you're serious about improving your option trading skills in the cryptocurrency space.
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