Crypto Options Traders Are Still Shorting Bitcoin Volatility

“Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now,” one trader said. Crypto traders typically short volatility by selling or writing call/put options.

Source: https://www.coindesk.com/markets/2023/08/07/crypto-options-traders-are-still-shorting-bitcoin-volatility/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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