3 strategies to combat crypto market volatility with options trading

Options when used correctly can help you combat crypto market volatility and even profit from it. I am going to share 3 strategies that professionals use daily. Sell call options to enhance earnings and mitigate against losses. Buy Puts to protect your assets and reduce the cost of hedging. Collar (Sell Call + Buy Put) is an easy way to reduce those costs significantly. To build a collar, you should sell a call above market price and buy a put below the market price to protect the assets from downside risk.