An OTM requires a very large rise in the price of the cryptocurrency to be profitable. If a large enough move in the underlying cryptocurrency occurs, an OTM call can deliver a much higher percentage profit than an ITM or ATM call. If the cryptocurrency price falls dramatically, the loss on the OTM call will be smaller than on an ATM or ITM call. However, a big move in the cryptocurrency price is less likely than a smaller move, and OTM options will expire worthless if the move in the cryptocurrency isn't big enough. An example of an OTM CALL option would be where you buy a WBTC $50,000 strike price CALL option, and the current market price for WBTC is $40,000. An example of an OTM PUT option would be where you buy a WBTC $50,000 strike price PUT option, and the current market price for WBTC is $70,000