Trading helps you act on market opportunities through different products, strategies and order types. Learn key trading concepts, technical indicators and risk management methods to make more informed decisions across different markets.

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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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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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.

Learn what delta, gamma, theta and vega measure, how they affect an option position, and why Greeks are estimates rather than promises of profit.

Learn the basics of crypto options trading and how to trade options on Bybit.

Learn about the bull call spread options trading strategy, its benefits and limitations, and how to trade it on Bybit.

Compare TradFi Perps and Perp Options on expiry, payoffs, margin and liquidation risk, including why buyers and sellers face different losses.

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.

Learn about the straddle and strangle options strategies, their key characteristics and the way to trade them on Bybit.

Learn how a protective put pairs a supported long futures position with a put on Bybit. See a BTCUSDT Perpetual example, expiration payoff and margin risks.