Options
Crypto options are for everyone seeking lower costs and risk when trading digital assets. Let us help you simplify the differences between this derivatives product and the rest. From trading strategies to contract explanations, we've got you covered.
Total Articles
75
Implied volatility explained: What IV means for options
Implied volatility reflects expected price movement magnitude, not direction. Learn how IV affects option values and how to interpret it on Bybit.
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Delta hedging: How to size and rebalance a hedge
Learn how delta hedging offsets directional exposure, size a simple option hedge, rebalance it as delta changes and understand the remaining risks.
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Understanding options pricing: What drives premiums
Learn how option premiums reflect intrinsic and extrinsic value, what moves a model price, and why live bids and asks can differ from that estimate on Bybit.
Option Greeks explained: Delta, gamma, theta and vega
Learn what delta, gamma, theta and vega measure, how they affect an option position, and why Greeks are estimates rather than promises of profit.
How to trade crypto options on Bybit
Learn the basics of crypto options trading and how to trade options on Bybit.
Bull call spread: A strategy for a moderate price rise
Learn about the bull call spread options trading strategy, its benefits and limitations, and how to trade it on Bybit.
Bybit Perp Options: Strategies for equity exposure
Explore Bybit Perp Options strategies for US equity exposure, including directional trades, spreads, volatility trading and risk management.
Butterfly spread: A defined-risk options strategy explained
Designed to profit from different levels of volatility, the butterfly spread and its variations are suitable for intermediate/advanced traders.
Covered call: Earn premium while capping upside
Learn how a covered call works, how strike and expiry shape the payoff, and how Bybit pairs a long futures position with a short call.
Straddle vs. strangle options: Two ways to trade volatility
Learn about the straddle and strangle options strategies, their key characteristics and the way to trade them on Bybit.
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