Analyze the quantities to assess the depth of the market at various price levels. These order books are managed by centralized exchanges, which act as intermediaries between buyers and sellers. Examples include traditional gold trading online stock exchanges like the New York Stock Exchange (NYSE) and online crypto platforms like Coinbase or Binance. Centralized order […]
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What is Fungibility?
Because listed options are considered fungible goods, it is possible to close out positions by taking offsetting positions. For example, if you sell (write) a call option, you can close out the position by buying a call with the same underlying asset, expiration date, and strike price—their components are can you buy bitcoin with debit […]