You may have heard the phrase “not your keys, not your coins” uttered in the cryptocurrency industry before. The keys being referred to here are private keys — a secret number used in cryptography — which may be used to verify ownership of an address on a blockchain, as well as sign tran

A cryptocurrency’s spot price refers to the price at which a coin or token may be immediately bought or sold. While spot prices may vary from exchange to exchange, the largest cryptocurrencies’ spot prices are generally similar.Spot prices are not to be confused with futures prices, whic

Collars are options strategies used to defend against large losses at the expense of big-gain potential. They are also commonly called hedge wrappers or risk-reversals and are created when a trader — who is already long a cryptocurrency — simultaneously buys a put option and writes a call option. Bo

A strangle is an options strategy that involves the investor or trader holding both call and put options for the same cryptocurrency — in our case — with the same expiration date but different strike prices. A strangle is similar to a straddle strategy, in that both strategies involve holding both c

A straddle is an options strategy in which both a put option and a call option are purchased with the same strike price and the same expiration date. It is a neutral options strategy that offers profit potential in the event that the price of the underlying cryptocurrency — in our case — moves drama

Covered calls are oft-used and conservative options strategies primarily used to generate income through price premiums. Market participants who utilize covered calls generally do so because they believe a cryptocurrency’s price is unlikely to see a substantial price increase in the short term