Trading options allows investors to bet whether the price of the best-known cryptocurrency will reach a certain level at a set point in time, and looking at one of the most popular trades on the books, a sharp rally in 2019 is unlikely. “We have a $10k September expiry, which is currently priced with a 5 delta,” said Goh, speaking about one of the larger trades in the options market.
That was probably “a bullish trade that was made last year when investors were still discussing the short-term possibility of making new highs,” said Goh. But, according to options traders,
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