#Bitcoin has been holding around 52,000 for several days.
Looking at the charts, we see that this area acted as resistance in September and December 2021. 📉
We also know that US markets will be closed on Monday in observance of a holiday, and BTC ETF inflows won’t resume until Tuesday. 🤔
Based on this information, if we believe BTC will stay below 52,000 for the next few days, we could either:
Sell a 2-day call spread or buy a 2-day put spread.
Here’s an example of the short call spread on DeVol:
🔴 2024-02-18, CALL, 51,857
🟢 2024-02-18, CALL, 52,043
Max gain < 51,857
Breakeven = 51,932
Max loss > 52,043
Here’s an example of the long put put spread on DeVol:
🟢 2024-02-18, PUT, 51,671
🔴 2024-02-18, PUT, 51,302
Max gain < 51,303
Breakeven = 51,500
Max loss > 51,672
#DeFi, #Options, #NFA
Looking at the charts, we see that this area acted as resistance in September and December 2021. 📉
We also know that US markets will be closed on Monday in observance of a holiday, and BTC ETF inflows won’t resume until Tuesday. 🤔
Based on this information, if we believe BTC will stay below 52,000 for the next few days, we could either:
Sell a 2-day call spread or buy a 2-day put spread.
Here’s an example of the short call spread on DeVol:
🔴 2024-02-18, CALL, 51,857
🟢 2024-02-18, CALL, 52,043
Max gain < 51,857
Breakeven = 51,932
Max loss > 52,043
Here’s an example of the long put put spread on DeVol:
🟢 2024-02-18, PUT, 51,671
🔴 2024-02-18, PUT, 51,302
Max gain < 51,303
Breakeven = 51,500
Max loss > 51,672
#DeFi, #Options, #NFA
#Bitcoin has been trading sideways for over a week. 📉📈
Looking at the daily chart we see that short term resistance is at 53,000 & support is at 50,800. 🛡️
At-the-money implied volatility for the 2024-02-22 expiration is 50.
If you believe BTC will stay range bound within the next two days, you could simultaneously sell a call spread & a put spread on DeVol, collecting both premiums.
🟢 2024-02-22, PUT, 50,587
🔴 2024-02-22, PUT, 50,782
🔴 2024-02-22, CALL, 52,977
🟢 2024-02-22, CALL, 53,181
This four-legged option strategy is called an iron condor, & it will be profitable if the price stays between 50,709 and 53,049 by expiration in less than 2 days.
Max gain > 50,783 & < 52,978
Breakeven = 50,709 & 53,049
Max loss < 50,588 & > 53,182
#DeFi, #Options, #NFA
Looking at the daily chart we see that short term resistance is at 53,000 & support is at 50,800. 🛡️
At-the-money implied volatility for the 2024-02-22 expiration is 50.
If you believe BTC will stay range bound within the next two days, you could simultaneously sell a call spread & a put spread on DeVol, collecting both premiums.
🟢 2024-02-22, PUT, 50,587
🔴 2024-02-22, PUT, 50,782
🔴 2024-02-22, CALL, 52,977
🟢 2024-02-22, CALL, 53,181
This four-legged option strategy is called an iron condor, & it will be profitable if the price stays between 50,709 and 53,049 by expiration in less than 2 days.
Max gain > 50,783 & < 52,978
Breakeven = 50,709 & 53,049
Max loss < 50,588 & > 53,182
#DeFi, #Options, #NFA
Advantages of the Bull Call Spread
A bull call spread is constructed by buying one call option and selling another call option further out of the money.
It’s a bullish strategy, similar to simply buying a call, but the max you can earn is limited to the width of the spread minus the amount you pay for the spread. The max you can lose is the price you pay for the spread.
Call Spread Pros:
🟢 A bull call spread has a higher chance of breaking even and being profitable than buying a call by itself.
🟢 Bull Call spreads have a much higher return potential.
🟢 The call spread will have much less exposure to losses from the passage of time.
Call Spread Cons:
🔴 The bull call spread has limited profitability if the price of the underlier blasts off to the moon before expiration.
Final Verdict - The Bull Call spread is better than simply buying a call.
DeVol is the only crypto options platform that allows you to trade #Bitcoin call spreads, or any type of multi-leg strategy, in a single execution.
A bull call spread is constructed by buying one call option and selling another call option further out of the money.
It’s a bullish strategy, similar to simply buying a call, but the max you can earn is limited to the width of the spread minus the amount you pay for the spread. The max you can lose is the price you pay for the spread.
Call Spread Pros:
🟢 A bull call spread has a higher chance of breaking even and being profitable than buying a call by itself.
🟢 Bull Call spreads have a much higher return potential.
🟢 The call spread will have much less exposure to losses from the passage of time.
Call Spread Cons:
🔴 The bull call spread has limited profitability if the price of the underlier blasts off to the moon before expiration.
Final Verdict - The Bull Call spread is better than simply buying a call.
DeVol is the only crypto options platform that allows you to trade #Bitcoin call spreads, or any type of multi-leg strategy, in a single execution.
#Bitcoin continues to chop sideways.📉📈
DeVol Analytics shows that implied volatility is higher than realized vol by 33 points. 🤯
Volatility is known to cluster, so selling vol could be a good short term strategy.
The daily chart shows resistance at 53,000 and support at 50,800. 🛡️
Based on this info, the team executes a multi-leg options strategy known as a butterfly spread on Crypto Options Action. The trade profits if BTC stays between 50,432 & 52,830 by expiration on 02/24. Max profit is at 51,631. ⏱️
#DeFi, #OptionsTrading, #NFA
DeVol Analytics shows that implied volatility is higher than realized vol by 33 points. 🤯
Volatility is known to cluster, so selling vol could be a good short term strategy.
The daily chart shows resistance at 53,000 and support at 50,800. 🛡️
Based on this info, the team executes a multi-leg options strategy known as a butterfly spread on Crypto Options Action. The trade profits if BTC stays between 50,432 & 52,830 by expiration on 02/24. Max profit is at 51,631. ⏱️
#DeFi, #OptionsTrading, #NFA
YouTube
Bitcoin trades rangebound while TradFi rips higher! Will BTC break to the upside or downside?
The team decides to take advantage of the sideways price action by executing a delta neutral option strategy on DeVol. The trade, known as a butterfly spread, will be profitable if Bitcoin stays within a price range by expiration in less than two days.
…
…
#Bitcoin surges higher! 📈
Check out this week’s episode of Crypto Options Action where we
review last week’s successful short butterfly strategy, then dive into the charts & vol surface to plan a new options trade on DeVol.
With resistance at around 65K, & buying pressure high due to the spot ETF, the team decides to execute a 60,404 / 64,405 call spread that expires on 03/01. ⏱️
Max profit is above 64,406
Breakeven is at 61,389
Max loss is below 60,405.
#DeFi, #OptionsTrading, #NFA
Check out this week’s episode of Crypto Options Action where we
review last week’s successful short butterfly strategy, then dive into the charts & vol surface to plan a new options trade on DeVol.
With resistance at around 65K, & buying pressure high due to the spot ETF, the team decides to execute a 60,404 / 64,405 call spread that expires on 03/01. ⏱️
Max profit is above 64,406
Breakeven is at 61,389
Max loss is below 60,405.
#DeFi, #OptionsTrading, #NFA
YouTube
Bitcoin surges higher! How long before it breaks out to new all time highs?
The team reviews last week's successful short butterfly strategy, studies the Bitcoin charts & vol surface, and executes a new multi-leg option trade on the DeVol platform.
None of the content in this video should be considered financial advice. As always…
None of the content in this video should be considered financial advice. As always…
#Bitcoin is closing in on new highs! 📈
The 60 day skew is showing that calls are more expensive than puts, which means the sentiment over the longer term is bullish.
However, if you believe the previous all time high will act as resistance in the short term, you could buy an 03/06 BTC put spread on DeVol.
🟢 2024-03-06, PUT, 67,754
🔴 2024-03-06, PUT, 67,359
This strategy will be profitable if the price stays below 67,540 by expiration.
Max gain < 67,360
Breakeven = 67,540
Max loss > 67,754
#DeFi, #Options, #NFA
The 60 day skew is showing that calls are more expensive than puts, which means the sentiment over the longer term is bullish.
However, if you believe the previous all time high will act as resistance in the short term, you could buy an 03/06 BTC put spread on DeVol.
🟢 2024-03-06, PUT, 67,754
🔴 2024-03-06, PUT, 67,359
This strategy will be profitable if the price stays below 67,540 by expiration.
Max gain < 67,360
Breakeven = 67,540
Max loss > 67,754
#DeFi, #Options, #NFA
We’re only in week one of testing the previous all time high. How long before #Bitcoin breaks out with conviction? 🤔
In Nov/Dec of 2020 it took BTC 3 weeks to print a proper new high. 📈
In Jan/Feb of 2017 it took BTC 2 months to break out to new highs. ⏱️📈
If you think resistance will hold for at least a few more days, then buying an 03/08 put spread on DeVol could be the move.
🟢 2024-03-08, PUT, 67,156
🔴 2024-03-08, PUT, 66,690
This strategy will be profitable if the price stays below 66,899 by expiration.
Max gain < 66,691
Breakeven = 66,899
Max loss > 67,156
#DeFi, #Options, #NFA
In Nov/Dec of 2020 it took BTC 3 weeks to print a proper new high. 📈
In Jan/Feb of 2017 it took BTC 2 months to break out to new highs. ⏱️📈
If you think resistance will hold for at least a few more days, then buying an 03/08 put spread on DeVol could be the move.
🟢 2024-03-08, PUT, 67,156
🔴 2024-03-08, PUT, 66,690
This strategy will be profitable if the price stays below 66,899 by expiration.
Max gain < 66,691
Breakeven = 66,899
Max loss > 67,156
#DeFi, #Options, #NFA
#Bitcoin is knocking on new all time highs! 📈
On the new episode of Crypto Options Action, Jordan & JC study the price charts and vol surface in order to profit from the volatility.
The team thinks a breakout to new highs is less likely to happen over the weekend due to the lack of buying pressure from the spot ETF over the weekend, and the fact that in previous cycles BTC has taken a minimum of a few weeks to make new highs.
The 2 day implied vol on the DeVol platform is currently lower than on other platforms, which means buying options is cheaper than it should be.
Given this info, and the fact that BTC could still break out with conviction at any moment, they decide to execute a long butterfly spread that expires on 03/10.
🔴 2024-03-10, PUT, 66,425
🟢 2024-03-10, PUT, 68,792
🟢 2024-03-10, CALL, 68,792
🔴 2024-03-10, CALL, 70,931
Max profit is below 66,426 & above 70,931
Breakeven is 67,410 & 70,175
Max loss is 68,792
#DeFi, #OptionsTrading, #NFA
On the new episode of Crypto Options Action, Jordan & JC study the price charts and vol surface in order to profit from the volatility.
The team thinks a breakout to new highs is less likely to happen over the weekend due to the lack of buying pressure from the spot ETF over the weekend, and the fact that in previous cycles BTC has taken a minimum of a few weeks to make new highs.
The 2 day implied vol on the DeVol platform is currently lower than on other platforms, which means buying options is cheaper than it should be.
Given this info, and the fact that BTC could still break out with conviction at any moment, they decide to execute a long butterfly spread that expires on 03/10.
🔴 2024-03-10, PUT, 66,425
🟢 2024-03-10, PUT, 68,792
🟢 2024-03-10, CALL, 68,792
🔴 2024-03-10, CALL, 70,931
Max profit is below 66,426 & above 70,931
Breakeven is 67,410 & 70,175
Max loss is 68,792
#DeFi, #OptionsTrading, #NFA
YouTube
Bitcoin is knocking on new all time highs! When will it breakout?
The team studies the BTC price charts and vol surface in order to execute a short duration, multi-leg option trade that seeks to take advantage of the volatility.
None of the content in this video should be considered financial advice. As always, do your…
None of the content in this video should be considered financial advice. As always, do your…
The battle between the #Bitcoin bulls & bears is raging! 📉📈🥊
On the weekly chart, the 69K resistance level is holding so far.
If you think BTC will stay range bound between 66K & 70K within the next two days, you could express this opinion on DeVol by creating a multi-leg option strategy called an iron condor.
🟢 2024-03-17, PUT, 65,941
🔴 2024-03-17, PUT, 66,384
🔴 2024-03-17, CALL, 69,565
🟢 2024-03-17, CALL, 70,032
Max gain > 66,384 & < 69,566
Breakeven = 66,204 & 69,747
Max loss < 65,942 & > 70,032
#DeFi, #Options, #NFA
On the weekly chart, the 69K resistance level is holding so far.
If you think BTC will stay range bound between 66K & 70K within the next two days, you could express this opinion on DeVol by creating a multi-leg option strategy called an iron condor.
🟢 2024-03-17, PUT, 65,941
🔴 2024-03-17, PUT, 66,384
🔴 2024-03-17, CALL, 69,565
🟢 2024-03-17, CALL, 70,032
Max gain > 66,384 & < 69,566
Breakeven = 66,204 & 69,747
Max loss < 65,942 & > 70,032
#DeFi, #Options, #NFA
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