A crypto put option contract is a financial derivative that gives the holder the right, but not the obligation, to sell a specific amount of a cryptocurrency at a predetermined price within a certain time frame. It allows investors to hedge their risks or speculate on the potential decline in the price of the underlying cryptocurrency.
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answers
MichaelSmith
Sat Feb 01 2025
To capitalize on this potential market movement, you decide to enter into a put option contract.
CryptoVanguard
Sat Feb 01 2025
It grants the holder the specific right to sell a cryptocurrency at a predetermined strike price.
SamsungShineBrightness
Sat Feb 01 2025
This right can be exercised on or before the expiry date of the contract.
DigitalDuke
Sat Feb 01 2025
Consider the following scenario: On June 1st, 2024, you possess a certain level of market insight.
Giulia
Sat Feb 01 2025
Based on your analysis, you foresee a significant decline in Bitcoin's price in the
NEAR future.