What is the impact of option strike on the price of cryptocurrencies?

1 answers

• Nov 24, 2021 · 3 years ago
  At BYDFi, we understand the importance of the option strike price in the context of cryptocurrencies. The strike price can have a significant impact on the price of digital assets, as it determines the level at which the option can be exercised. When the strike price is set at a level that is close to the current market price, it increases the likelihood of the option being exercised. This can create additional buying pressure, which can drive up the price of the cryptocurrency. On the other hand, if the strike price is set at a level that is significantly higher or lower than the current market price, it can reduce the chances of the option being exercised, which can have a temporary impact on the price of the cryptocurrency.
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