A lookback call option allows traders to buy bitcoin at its lowest price during a specified period, offering a strategic advantage over traditional call options. This type of option is particularly appealing at times of low implied volatility, providing a 'perfect entry' for a slightly higher premium, Orbit Markets said. If bitcoin prices do not drop, the lookback call still offers a favorable entry point, but the buyer risks losing the initial premium if prices fall below the strike price. Imagine you're a bitcoin bull, confident prices will rally, but anticipating a pullback first. Like many people, however, you are...