Placer un CALL & un PUT OPTION sur DELTA EXCHANGE!

Takeaways

• 😀 The tutorial demonstrates how to use call and put options on a cryptocurrency trading platform, specifically focusing on Solana.
• 😀 Delta is the platform used for trading options on various cryptocurrencies, offering unique advantages not found on centralized exchanges.
• 😀 A key feature of Delta is the ability to trade options on multiple cryptocurrencies like Bitcoin, Solana, Ethereum, and more.
• 😀 A mock trading feature is available on Delta, allowing users to practice with virtual money and test strategies without real financial risk.
• 😀 When buying a call option, you're speculating on the price of an asset (e.g., Solana) going up. The maximum loss is limited to the amount paid for the option.
• 😀 The risk of buying a call option is limited to the cost of the contract, so you cannot lose more than what you invested.
• 😀 When placing a limit order for a call option, there's a risk of not getting executed if the price doesn't reach your set limit.
• 😀 Once a call option is bought, it can be resold for a profit if the price of the asset increases, potentially making the option more valuable.
• 😀 The process for selling a call option includes ensuring the 'reduce only' option is selected to avoid accidentally shorting more contracts.
• 😀 A put option is used to hedge against price declines or speculate on the price of an asset (e.g., Solana) going down, with the risk being limited to the price paid for the option.
• 😀 To manage risk when using options, users are encouraged to monitor price levels and set limit orders for when they want to sell their options, such as at a predetermined price.