When you first start trading options you can sometimes need reminding of some of the details. This is particularly true if you’re new to Bitcoin options as you are using the asset itself as collateral which changes some of the calculations.
We’ve put together a cheat sheet you can use as a quick reference guide to options that covers:
- The difference between puts and calls
- Profit and loss
- Maximum gain and loss
- The difference between buying and selling
- Breakeven prices