Traders who aren’t sure about’sBTCThe “long condor strategy with call options” or “iron condor options strategy”, yields the best results and has very little risk. The strategy provides protection to as low as $53,500. This is a 7% decrease from current $57,000. It also returns positive outcomes up to $67,000.

Option markets offer more freedom to create custom strategies. Two separate instruments are available, unlike futures. Protective put and call options provide buyers with upside price protection.