Share chat records in the group (how to use Greek value to open hedging orders and lock in profits): Q: Can this option be liquidated early? It is not recommended to level it in advance, Short selling is better than early liquidation to hedge and ensure returns Option early liquidation means you have changed your earliest plan It's better not to change a plan, and closing a position depends on depth and slippage. Next, let's combine the orders we opened with yesterday's orders, Tell me how to use Greek value hedging to lock in returns. And retain the possibility of obtaining unlimited profits We have opened a call option for 0.2 BTC using 120U here Leverage ratio of 82 times How to lock in the profit of 97u without closing the position? Is it an empty 0.2 BTC? no, it isn't. You only need to open 0.2 times 0.796, which is 0.179 BTC. 0.796 here is the delta in the Greek values in Figure 1. So your profit of 96u is locked in. If the price of the currency falls, the profit from short positions will offset the loss of your options. On the contrary, the profit of the price up option can also cover the loss of short orders. In extreme situations So even in illiquid exchanges, open interest options can be used to hedge and lock in profits in advance. In addition, in extreme market conditions, if the coin price continues to decline and falls below the spot price of the call option, the call option will no longer incur additional losses. However, hedging contracts can still bring unlimited returns. What I'm talking about here is quite simple. If you need to self-study, please search for "Delta Hedge" or "Delta Neutral Hedge". Afterwards, I will also introduce various option strategies based on practical experience every day.