YouTube video by Kosta Ouzas titled "Bitcoin’s Price Discovery: What’s the Next Range?"; this excerpt contains an informal trading-advice segment recommending buying deep out-of-the-money put options (cheap, long-dated, ~1 year) to hedge or profit if Bitcoin undergoes a large correction (speaker mentions a hypothetical ~50% drop). The content mixes market-range discussion with practical option strategies.
Right now, you know, if, if we see something like close to 150, 160, I think the major action to take is maybe to buy some options, you know, some put options very far off, you know, very far away from the money. Something that you can buy very, very cheap. And, and we can discuss when we arrive here some of the possibilities that we have ahead of us. But now we have all these tools. You buy some options at a very low price because you are predicting something like one year ahead of time. We go down all the way, 50% of the price. Imagine we have a 50% correction. Probably that option is going to be sold very cheaply.
