Hedging

WTI crude oil has moved sharply lower as traders react to signs of possible progress in Iran-US negotiations. Yet high open interest, Middle East uncertainty, and recent intraday reversals suggest the selloff may not be a simple one-way trade.

Bybit has introduced options trading for Tether Gold, expanding access to a new way to hedge and speculate on gold prices. The products are settled in USDT and backed by Orbit Markets for liquidity support.