Bitcoin Futures

Cryptocurrency Futures Prices Futures Exchange Comparison Exchange Chicago Mercantile Exchange (CME) ICE/US 5-Day Average Volume 7,284 1,199 Contract Size 5 Bitcoin 1 Bitcoin Margin / Maintenance $109,088/99,171 N/A Tick Size 5 points ($25.00 per contract) 1 point ($2.50 per contract) Future Unit Value $5 $2.50 Trading Hours 5:00p.m. – 4:00p.m. (Sun-Fri) (Settles 3:00p.m.) CST 7:00p.m.…

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Covered Strangle

Goal To earn leveraged income from modestly bullish price action in the underlying stock. Explanation Example of covered strangle: (long stock + short OOM call + short OOM put) Buy 100 shares XYZ stock at 100.00 Sell 1 XYZ 105 call at 1.40 Sell 1 XYZ 95 put at 1.20 A covered strangle position is…

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Beginner’s Guide to Call Buying

The popular misconception that 90% of all options expire worthless frightens investors into mistakenly believing that if they buy options, they’ll lose money 90% of the time. But in actuality, the Chicago Board Options Exchange (CBOE) estimates that only about 30% of options expire worthless, while 10% are exercised, and the remaining 60% are traded out…

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