Em, r, is one of the biggest option tes in crypto. Can you describe what an option is and how it works? "In practice, in practice, there's no like, oh, i'm not going to exercise" If you're in the money, you get exercised, and if you're not in the money,you don't.
Today, I’m sitting down with Su Zhu, my friend and co-host, and Josh, of Orthogonal Trading.
Josh is one of the biggest and most experienced options traders in crypto and joined us for a very interesting and wide-ranging conversation. Together, we touched on topics like
how options work
differences between options and futures
Different strategies for using them in crypto
as well as what Josh thinks about options trading platforms in Defi
Resources:
https://www.optiontradingtips.com/options101/payoff-diagrams.html
https://www.payoffcharts.com/
https://www.investopedia.com/trading/getting-to-know-the-greeks/
Orthogonal Trading https://twitter.com/OrthoTrading
Su Zhu https://twitter.com/zhusu
Hasu https://twitter.com/hasufl
Our homepage and mailing list https://uncommoncore.co/podcast/