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Crypto Options Traders Are Still Shorting Bitcoin Volatility

“Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now,” one trader said. Crypto traders typically short volatility by selling or writing call/put options.”Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now,” one trader said. Crypto traders typically short volatility by selling or writing call/put options.[#item_full_content]

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Omkar Godbole