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Are there any VIX index options available specifically for Bitcoin?

avatarLindholm McCaffreyDec 26, 2021 · 3 years ago3 answers

Are there any volatility index (VIX) options available that are specifically designed for Bitcoin?

Are there any VIX index options available specifically for Bitcoin?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are VIX index options available specifically for Bitcoin. These options allow traders to speculate on the volatility of Bitcoin prices. By purchasing VIX index options, traders can profit from the expected changes in Bitcoin's volatility without directly owning the cryptocurrency. These options provide a way for traders to hedge their positions or take advantage of market volatility. It's important to note that VIX index options are separate from Bitcoin options, which are based on the price of Bitcoin itself.
  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, there are currently no VIX index options available specifically for Bitcoin. The VIX index, also known as the fear index, measures the expected volatility of the stock market. While there are options available for trading Bitcoin, they are not based on the VIX index. Traders can still use other strategies to speculate on the volatility of Bitcoin prices, such as trading Bitcoin futures or using options based on the price of Bitcoin itself.
  • avatarDec 26, 2021 · 3 years ago
    Yes, BYDFi offers VIX index options specifically designed for Bitcoin. These options provide traders with a way to profit from the expected changes in Bitcoin's volatility without directly owning the cryptocurrency. BYDFi's VIX index options are a popular choice among traders looking to hedge their positions or take advantage of market volatility. Traders can easily access and trade these options on the BYDFi platform, making it a convenient option for those interested in Bitcoin volatility trading.