FTX MOVE Contracts | Profitable Mechanics explained

What are MOVE contracts?

MOVE contracts are a unique derivative offered on the trading platform known as FTX.

In contrast to futures contracts, MOVE contracts reflect the absolute change of Bitcoin's price over a time before the contract expiration date. They have advantages and drawbacks that a player may weigh against his open futures positions.

Disclaimer

You have learned in school, on television, or on YouTube how to visualize atoms, protons, neutrons, electrons, etc.

This model is entirely inaccurate, yet we use it because it helps us visualize the specifics of these abstract subjects.

Consider everything in this article to be an oversimplification to assist you with more advanced reading about options trading (MOVE contracts are basically options straddles)