Cryptocurrency Q&A
Can you sell options on Deribit?
Can you sell options on Deribit?
Chiara
Mon Sep 30 2024
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5 answers
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Hello there, I have a quick question regarding trading on Deribit. I'm curious if it's possible to sell options on this platform? I've been exploring various options trading strategies and Deribit seems like a popular choice among traders. However, I'm still unsure if I can actively sell options on the platform. Could you please clarify this for me? Your insight would be greatly appreciated.
5 answers
Davide
Wed Oct 02 2024
The video titled "Trade example – Put option sell (short) - Deribit Options Course Basics" by Deribit on YouTube, uploaded on December 10th, 2021, demonstrates a fundamental aspect of options trading, specifically selling a put option.
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Moonshadow
Wed Oct 02 2024
The process begins with the trader inputting the desired quantity of the put option they wish to sell. This step is crucial as it determines the scale of the trader's exposure to the market.
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charlotte_wilson_coder
Tue Oct 01 2024
After confirming the quantity, the trader verifies the price at which they intend to sell the put option. This ensures that the trade is executed at a favorable price, aligning with the trader's strategy.
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Luigia
Tue Oct 01 2024
With the quantity and price confirmed, the trader proceeds to click the "sell" button, initiating the trade. This action triggers the order confirmation screen, which serves as a final checkpoint before the trade is executed.
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Federica
Tue Oct 01 2024
The order confirmation screen is a vital safety net, allowing traders to review all the details of their trade before it goes through. It ensures that no errors have been made and that the trade aligns with the trader's intentions.
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