Here’s how multi-leg options allow traders to profit from $2K Ethereum price
Cointelegraph
Published Feb 21, 2021 05:15PM ET
Updated Feb 22, 2021 07:20PM ET
This week Ether (ETH) price finally broke through the $2,000 level as aggressive institutional inflow through Grayscale Investments products and declining exchange reserves signaled that buying pressure was increasing.
While many traders are skilled at using perpetual futures and the basic margin investing tools available on most exchanges, they may be unaware of additional instruments that can be used to maximize their gains. One simple way, albeit expensive, is buying Ether call option contracts.
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Written By: Cointelegraph
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