Savvy bitcoin
and ether traders are shoring up their defenses as the broader market continues to foresee bullish price action over the summer.
That’s the message from an options-based strategy called 25-delta risk reversal, which involves the simultaneous purchase of a put option and sale of a call, or vice versa.
Trending: Now We Know Why the Minnesota Assassin Story Disappeared Overnight
STORY CONTINUES BELOW
Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters svg]:max-w-[theme(spacing.8)] transition-transform-colors-opacity motion-reduce:transition-none text-default-foreground data-[hover=true]:opacity-hover w-full md:w-auto bg-new-yellow”>
Sign me up
By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.
At the time of writing, risk reversals based on Deribit-listed bitcoin and ether options
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!