This simple Bitcoin options strategy lets traders profit while also

For traders who are undecided on ‘s (BTC) move, the “long condor with call options,” or the “iron condor” options strategy, yields optimal results with very low risk. This strategy offers protection down to $53,500, which would be a 7% downside move from the current $57,600, and returns a positive outcome up to $67,500.

Options markets provide more flexibility to develop custom strategies. Unlike futures, there are two separate instruments available. The call option gives the buyer upside price protection, while the protective put option offers the opposite.