Options and Other Derivatives
8 min readarticleIncludes quiz · 3 questions
Options give the right, not the obligation, to buy (call) or sell (put) Bitcoin at a set price by a date. They can hedge risk or generate income but are complex.
Simple definitions:
- •Call: Right to buy.
- •Put: Right to sell.
- •Premium: Price paid for the option.
- •Strike: Agreed price.
- •Expiry: Last day the option is valid.
Test Your Knowledge
This lesson includes a 3-question quiz (passing score: 75%).
Quiz functionality available in the mobile app.