Are there any successful examples of using strangle strategy in the crypto industry?

3 answers

• Boyette HolderJan 09, 2025 · a year ago
  Yes, there have been several successful examples of using the strangle strategy in the crypto industry. One notable example is the case of a cryptocurrency hedge fund that implemented the strangle strategy during a period of high volatility. They purchased both call and put options on a particular cryptocurrency, with the strike prices set at a certain distance from the current market price. This allowed them to profit from significant price movements in either direction. The outcome was a substantial increase in their overall portfolio value.
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• throwterAug 03, 2024 · 2 years ago
  I'm not aware of any specific examples of individuals or companies who have publicly shared their success with the strangle strategy in the crypto industry. However, it's important to note that the strangle strategy can be effective in volatile markets like cryptocurrencies. By simultaneously buying both call and put options with different strike prices, traders can potentially profit from significant price movements in either direction. It's always recommended to thoroughly research and test any trading strategy before implementing it.
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• JedyAndyJan 06, 2022 · 4 years ago
  BYDFi, a leading cryptocurrency exchange, has observed successful implementation of the strangle strategy by some of its users. The strangle strategy involves buying both call and put options on a particular cryptocurrency, with different strike prices. This allows traders to profit from significant price movements in either direction. However, it's important to note that the strangle strategy carries risks and may not always lead to successful outcomes. Traders should carefully consider their risk tolerance and market conditions before implementing this strategy.
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