𝗛𝗼𝘄 𝘁𝗼 𝗲𝘅𝗲𝗰𝘂𝘁𝗲 𝗟𝗼𝗻𝗴 / 𝗦𝗵𝗼𝗿𝘁 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 𝗼𝗻 𝗧𝗲𝗿𝗺𝗠𝗮𝘅 👇 📈 𝗕𝘂𝗹𝗹𝗶𝘀𝗵? 𝗕𝘂𝘆 𝗮 𝗖𝗮𝗹𝗹 Pay a fixed premium for upside exposure. Max loss = premium. No liquidation. 📉 𝗕𝗲𝗮𝗿𝗶𝘀𝗵? 𝗕𝘂𝘆 𝗮 𝗣𝘂𝘁 Profit if price falls. Risk is
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