Crypto Options

Options Trading — Defined Risk, Unlimited Upside

Buy calls and puts on BTC, ETH and more. European-style options with cash settlement and no early exercise.

$3.2B
24h Volume
$8.7B
Open Interest
200+
Active Contracts
54%
Implied Volatility (BTC)

Options involve significant risk and are not suitable for all investors. Please ensure you understand the risks before trading.

Expiry:
Covered Call

Hold spot + sell call. Earn premium income while capping upside.

Max Risk: Low
Max Reward: Limited
Protective Put

Hold spot + buy put. Insure against downside while keeping upside.

Max Risk: Limited
Max Reward: Unlimited
Straddle

Buy call + put at same strike. Profit from big moves in either direction.

Max Risk: Limited
Max Reward: Unlimited