Options & Derivatives
Learn options fundamentals, core trading strategies and advanced multi-leg techniques for managing risk and reward.
Learning Path
Part 1 · Options Basics · 7 articles
When to Trade Options and Why Trade Options?
Beginner
5 minCall Options: A Cost-Efficient Way to Earn on Your Assets
Beginner
9 minPut Options: Effectively Manage Price Risk With This Tool
Beginner
14 minExplained: European vs. American Options
Beginner
2 minProfit and Loss Calculations for Call and Put Options
Beginner
4 minCommodity options: What makes them different from equity and crypto options
Intermediate
7 minOption Greeks: Important Symbols Every Trader Must Know
Advanced
10 minPart 2 · Options Core Strategies · 6 articles
What Is Implied Volatility in Crypto Options Trading?
Intermediate
9 minWhat is delta hedging & how does it work in crypto?
Intermediate
10 minBull Put Spread: An Excellent Way to Profit From Time Decay
Intermediate
9 minBear Put Spread: An Options Strategy To Try In Declining Markets
Intermediate
12 minHow to trade crypto options on Bybit
Intermediate
10 minExplained: Options vs. Perpetual Contracts vs. Futures Contracts
Intermediate
3 minPart 3 · Advanced Options Strategies · 4 articles
Straddle vs. Strangle Options: Which Strategy Suits You Better?
Intermediate
12 minIron Condor: A Flexible & Fixed-Risk Options Trading Strategy
Advanced
3 minDiagonal Spread: A Hybrid Strategy That Nets You Profit
Advanced
10 minTop options trading strategies to use with Bybit Portfolio Margin
Advanced
7 minPart 4 · Futures Fundamentals · 7 articles
How to Short Crypto: Profit During Crashes and Retracements
Beginner
15 minWhat are crypto derivatives: Your ultimate guide to understanding and trading
Intermediate
11 minWhat Is Margin Trading? (Definitive Guide to Trading on Margin)
Intermediate
13 minWhat is leverage in crypto trading?
Intermediate
14 minWhat Is Crypto Liquidation & How Do I Avoid It?
Intermediate
11 minMaintenance Margin: Optimizing Position Management Beyond Liquidation
Intermediate
5 minBybit Spot vs. Derivatives trading for beginners
Intermediate
9 minPart 5 · Futures Trading Strategies · 4 articles
How to Use Bybit Arbitrage to Achieve Funding Rate and Price Difference Arbitrage
Beginner
7 minBybit Spread Trading: Smart strategies for market swings
Intermediate
8 minFutures spread trading: Navigating price discrepancies for profit
Intermediate
10 minCrypto futures spread trades walkthrough: How to profit from gaps
Intermediate
8 minReady to trade derivatives?
Access options, futures and other crypto trading tools on Bybit.