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Do you have a specific #Bitcoin market opinion youβd like to express, but arenβt sure how to do it?
With the EZ Build window, DeVol will automatically create a multi-leg #options trade based on a market environment of your choosing:
π Up Market
π Down Market
βοΈ Sideways Market
You can also use sliders to adjust the payoff diagram, & increase or decrease the quantity. π€
With the EZ Build window, DeVol will automatically create a multi-leg #options trade based on a market environment of your choosing:
π Up Market
π Down Market
βοΈ Sideways Market
You can also use sliders to adjust the payoff diagram, & increase or decrease the quantity. π€
What is the EZ Build window?
Itβs a tool on DeVol that allows you to automatically express a specific market opinion.
For example, if you think #Bitcoin will continue to trade sideways, you could express this view in three simple steps:
1) Select Range in the EZ Build window
2) Adjust the left sliders to select the Strikes you think the price will land in by expiration
3) Adjust the right slider to select the Quantity
Thanks to EZ Build, youβll learn how to manually build multi-leg #options and trade like a pro. π€
Itβs a tool on DeVol that allows you to automatically express a specific market opinion.
For example, if you think #Bitcoin will continue to trade sideways, you could express this view in three simple steps:
1) Select Range in the EZ Build window
2) Adjust the left sliders to select the Strikes you think the price will land in by expiration
3) Adjust the right slider to select the Quantity
Thanks to EZ Build, youβll learn how to manually build multi-leg #options and trade like a pro. π€
#Bitcoin has been trading in a range between 61K and 73.8K for over a month.
However, the short term momentum over the past two days is up. π
If you think BTC will continue moving higher over the short term, you could buy a call spread on DeVol that expires in 2 days.
With a call spread, if youβre wrong about the trade, the max you can lose is less than if you bought a single call.
π’ 2024-04-06, CALL, 68,434
π΄ 2024-04-06, CALL, 68,957
Max gain > 68,957
Breakeven = 68,647
Max loss < 68,435
#DeFi, #Options, #NFA
However, the short term momentum over the past two days is up. π
If you think BTC will continue moving higher over the short term, you could buy a call spread on DeVol that expires in 2 days.
With a call spread, if youβre wrong about the trade, the max you can lose is less than if you bought a single call.
π’ 2024-04-06, CALL, 68,434
π΄ 2024-04-06, CALL, 68,957
Max gain > 68,957
Breakeven = 68,647
Max loss < 68,435
#DeFi, #Options, #NFA
#Bitcoin stays range bound! ππ
On the new episode of Crypto Options Action, Jordan & J.C. study the price charts & vol surface in order to build a new options trade.
The BTC 2-day at-the-money IV is 42, which is very low. This means the cost for buying puts & calls is cheap.
Based on this information, the team decides to execute a short butterfly spread on DeVol that expires 04/07. If the price of BTC moves up or down by a little over $1,000 by expiration in less than 2 days, the trade will be profitable.
π΄ 2024-04-07, PUT, 65,770
π’ 2024-04-07, PUT, 67,459
π’ 2024-04-07, CALL, 67,459
π΄ 2024-04-07, CALL, 69,192
Max profit is below 65,771 & above 69,192
Breakeven is 66,385 & 68,535
Max loss is 67,460
#DeFi, #OptionsTrading, #NFA
On the new episode of Crypto Options Action, Jordan & J.C. study the price charts & vol surface in order to build a new options trade.
The BTC 2-day at-the-money IV is 42, which is very low. This means the cost for buying puts & calls is cheap.
Based on this information, the team decides to execute a short butterfly spread on DeVol that expires 04/07. If the price of BTC moves up or down by a little over $1,000 by expiration in less than 2 days, the trade will be profitable.
π΄ 2024-04-07, PUT, 65,770
π’ 2024-04-07, PUT, 67,459
π’ 2024-04-07, CALL, 67,459
π΄ 2024-04-07, CALL, 69,192
Max profit is below 65,771 & above 69,192
Breakeven is 66,385 & 68,535
Max loss is 67,460
#DeFi, #OptionsTrading, #NFA
Devol
DeVol: Sign up now and experience the difference
Low-cost, lightning-fast, and fully collateralized solutions for cryptocurrency options trading and liquidity provision.
Less than 10 days until the #Bitcoin halving. β³
An analysis on the tailwinds behind BTC & the path forward for #Solana. π
https://decentralparkcapital.substack.com/p/the-weekly-277
An analysis on the tailwinds behind BTC & the path forward for #Solana. π
https://decentralparkcapital.substack.com/p/the-weekly-277
Decentral Park Research
The Weekly 277
The Market 14 days until the Bitcoin Halving. The Fixed Range Volume Profile since BTC broke out of the $52k range to its new ATH in late February has centered around $68k, a level similar to the previous ATH reached in November 2021. BTC is entering a priceβ¦
#Bitcoin is approaching the top of the sideways channel itβs been in for weeks.
Will it break out to new all time highs over the next few days, or will a move higher again be rejected? ππ
If you think BTC will fall, but youβre not sure how to express this opinion with options, DeVol has you covered.
Select βLowerβ in the EZ Build window & DeVol will automatically build a low-cost options strategy that expresses your market view. π€
Will it break out to new all time highs over the next few days, or will a move higher again be rejected? ππ
If you think BTC will fall, but youβre not sure how to express this opinion with options, DeVol has you covered.
Select βLowerβ in the EZ Build window & DeVol will automatically build a low-cost options strategy that expresses your market view. π€
Devol
DeVol: Sign up now and experience the difference
Low-cost, lightning-fast, and fully collateralized solutions for cryptocurrency options trading and liquidity provision.
The geopolitical events over the last few days have caused #Bitcoin historical volatility to spike in the near term. 1 day implied vol has also moved higher. π
This could be a good opportunity to sell vol, & collect a juicy premium, with a Short Iron Butterfly spread on DeVol.
If BTC stays between 61,975 and 65,321 by expiration in less than one day, the trade will be profitable.
π’ 2024-04-16, PUT, 60,929
π΄ 2024-04-16, PUT, 63,648
π΄ 2024-04-16, CALL, 63,648
π’ 2024-04-16, CALL, 66,487
Max profit is at 63,648
Breakeven is 61,975 & 65,321
Max loss is below 60,930 & above 66,488
#DeFi, #OptionsTrading, #NFA
This could be a good opportunity to sell vol, & collect a juicy premium, with a Short Iron Butterfly spread on DeVol.
If BTC stays between 61,975 and 65,321 by expiration in less than one day, the trade will be profitable.
π’ 2024-04-16, PUT, 60,929
π΄ 2024-04-16, PUT, 63,648
π΄ 2024-04-16, CALL, 63,648
π’ 2024-04-16, CALL, 66,487
Max profit is at 63,648
Breakeven is 61,975 & 65,321
Max loss is below 60,930 & above 66,488
#DeFi, #OptionsTrading, #NFA