BOSS · Bible of Options Strategies System
Every options strategy, priced live on real crypto markets
58 strategies from the classic options book, each built from today's BTC and ETH options on Deribit, OKX and Bybit: its payoff, its Greeks, what it really costs to trade, and a plain-language explanation of how it works.
- Live data from 3 venues
- Free to learn, no account
- Read-only: no trading
- Not investment advice
The market right now
Open the Dashboard →Deribit, live. Implied volatility and basis at a constant 30 days, realized volatility over the last 7.
Start from your view
All strategies by direction →Pick what you expect the market to do: these are the simpler strategies for it, the ones with a limited maximum loss first.
The price will go up
The price will go down
It will stay in a range
It will move a lot, either way
What you can do on BOSS
New to options?
Take the five-minute guided tour, or start with the basics below. Every explanation uses today's market.
Get Started →- What is an option?An option is a contract that gives its buyer the right, but not the obligation, to buy or sell an underlying asset at a fixed price (the strike) on a fixed date (the expiry), in exchange for a price paid up front (the premium).
- Calls and putsA call is the right to buy the underlying at the strike and gains when the price rises; a put is the right to sell it at the strike and gains when the price falls; each can be bought (long) or sold (short), which gives the four basic positions every strategy is built from.
- DeltaDelta is how much an option's price is expected to change for a $1 move in the underlying: a call's delta runs from 0 to 1, a put's from −1 to 0, and an at-the-money option sits near ±0.5.
- Implied volatility (IV)Implied volatility is the volatility of the underlying that, plugged into an option pricing model, reproduces an option's market price: the market's price for expected movement, which includes a risk premium, quoted as an annualized percentage.
Watchlist
Strategies you're tracking, saved right in this browser.
Questions
All questions →What is BOSS?
BOSS (Bible of Options Strategies System) is a live reference for options strategies: 58 classic strategies, each built from today's BTC and ETH options on Deribit, OKX and Bybit, with its payoff, Greeks, breakevens and real cost to trade, and a plain-language explanation of how each one works.
Who is it for?
For anyone learning or trading crypto options. Newcomers can follow the Get Started guide and read the concept articles; experienced traders use the strategy pages, the Scanner and the Dashboard to compare structures and venues on live numbers.
Is anything here investment advice?
No. BOSS shows prices and explains how strategies work; it never tells you what to buy or sell, and nothing on the site is a recommendation. Options can lose money quickly. See the Disclaimer for the full terms.