US stocks and cryptocurrencies are both pulling back. Want to hold but worried about further losses? Don't be forced to choose between "holding on" and "selling." OKX Simplified Options allows you to buy put options for your positions, setting a protective price to insure your holdings. - If the price falls below the protective price at expiration → The option will cover any further losses. - If the price doesn't fall below the protective price at expiration → You only paid the premium, and your position remains intact.