LIVEBruceHanX
@Square-Creator-78b888902
Options trader, 1000x game
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Bitcoin One Step Away From New Highs as U.S. Election Looms
Overview
1. In the market, BTC surged past 73k on Tuesday amid rising momentum in the U.S. election and strong inflows into Bitcoin spot ETF, bringing it within reach of its all-time high. Currently, BTC is priced around $72,000, with ETH trading near $2,650.
2. BTC DVOL has risen to 59, while ETH DVOL is close to 63. BTC front-end implied volatility surged in anticipation of the election, with an expected 7% move. Skew term structures have steepened, as front-end call skew reduces as the bullish outcome gets priced in, while longer-term call skew remains steady, indicating a positive outlook.
3. Regarding altcoin implied volatility, SOL’s weekly IV has increased to 83, DOGE’s weekly IV has surged to 130, and ORDI’s weekly IV is near 124. This week, the top 3 most popular altcoin options traded on Coincall were "Buy BNB-29NOV24-715-C," "Buy DOGE-29NOV24-0.200-C," and "Buy XRP-8NOV24-0.57-C."
4. This Friday, approximately $2.37 billion in crypto options are set to expire. Among them, BTC options have a notional value of $2.01 billion, with a Put/Call Ratio of 0.9 and a max pain price of $69,000; ETH options have a notional value of $353 million, with a Put/Call Ratio of 0.66 and a max pain price of $2,550.
Trade Idea
Trump's recent media appearances and endorsements from figures like Elon Musk have boosted bullish sentiment in BTC and altcoins like DOGE, which rose 18.5% this week. Consider buying call options on altcoins with low implied volatility and delayed price action to capitalize on this momentum.
Buy 10,000x XRP-8NOV24-0.55-C @ $0.0075
#OptionsTrading #Elections2024
Overview
1. In the market, BTC surged past 73k on Tuesday amid rising momentum in the U.S. election and strong inflows into Bitcoin spot ETF, bringing it within reach of its all-time high. Currently, BTC is priced around $72,000, with ETH trading near $2,650.
2. BTC DVOL has risen to 59, while ETH DVOL is close to 63. BTC front-end implied volatility surged in anticipation of the election, with an expected 7% move. Skew term structures have steepened, as front-end call skew reduces as the bullish outcome gets priced in, while longer-term call skew remains steady, indicating a positive outlook.
3. Regarding altcoin implied volatility, SOL’s weekly IV has increased to 83, DOGE’s weekly IV has surged to 130, and ORDI’s weekly IV is near 124. This week, the top 3 most popular altcoin options traded on Coincall were "Buy BNB-29NOV24-715-C," "Buy DOGE-29NOV24-0.200-C," and "Buy XRP-8NOV24-0.57-C."
4. This Friday, approximately $2.37 billion in crypto options are set to expire. Among them, BTC options have a notional value of $2.01 billion, with a Put/Call Ratio of 0.9 and a max pain price of $69,000; ETH options have a notional value of $353 million, with a Put/Call Ratio of 0.66 and a max pain price of $2,550.
Trade Idea
Trump's recent media appearances and endorsements from figures like Elon Musk have boosted bullish sentiment in BTC and altcoins like DOGE, which rose 18.5% this week. Consider buying call options on altcoins with low implied volatility and delayed price action to capitalize on this momentum.
Buy 10,000x XRP-8NOV24-0.55-C @ $0.0075
#OptionsTrading #Elections2024
BTC Above 100k by Year-End?
With BTC above 73k and pushing towards prior highs, the key 100k milestone is back in sight. For investors expecting a continued bull run post-U.S. election and through year-end, a simple binary call option offers attractive risk-reward.
The Trade
Buy a 100k BTC binary call option expiring on December 27 for just 8.5% (with BTC currently at 73k). Here’s how it works:
Cost: $8.5 upfront per $100 payout
Payout: If BTC >= 100k on Dec 27, you receive $100; if BTC < 100k, you receive 0.
Max Loss: Limited to the initial $8.5 premium
Max Return: 10.75x if BTC >= 100k at expiry
This trade is ideal if you believe the probability of BTC hitting 100k is higher than the market’s current implied 8.5% chance.
For those bullish on SOL, a year-end 275 binary call option is also available at 9% premium.
(not investment advice)
#BTCBreak71K #OptionsTrading
With BTC above 73k and pushing towards prior highs, the key 100k milestone is back in sight. For investors expecting a continued bull run post-U.S. election and through year-end, a simple binary call option offers attractive risk-reward.
The Trade
Buy a 100k BTC binary call option expiring on December 27 for just 8.5% (with BTC currently at 73k). Here’s how it works:
Cost: $8.5 upfront per $100 payout
Payout: If BTC >= 100k on Dec 27, you receive $100; if BTC < 100k, you receive 0.
Max Loss: Limited to the initial $8.5 premium
Max Return: 10.75x if BTC >= 100k at expiry
This trade is ideal if you believe the probability of BTC hitting 100k is higher than the market’s current implied 8.5% chance.
For those bullish on SOL, a year-end 275 binary call option is also available at 9% premium.
(not investment advice)
#BTCBreak71K #OptionsTrading
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
Options Market Update 10/25
Volumes and sentiment have picked up materially in October while the US election looms on the horizon. Trump is gaining momentum in the polls (or is it just polymarket) and BTC sits on huge levels.
TRADE IDEA
Buy BTC and Sell a 27-Dec 90k Call / 55k Put for Zero Premium (Collar, spot ref 68000)
Payoff is asymmetric at nearly 2:1 with 22k of upside and 13k of downside
Implied rates have blown out higher pushing futures up and giving this better entry
Skew for Calls is bid (4 vols over Puts) on a perceived victory by Trump
Best of all: zero premium for the hedge and zero exposure below 55k
TRADE IDEA
Buy a 15-Nov 60k BTC Digital Put for 23.0% (spot ref 68000)
Nice hedge for anything but a Trump victory over the election
Vols are low and protection is cheap for the uncertainty
Trade pays out nearly 4.5x with spot under 60k
#OptionTrading #BTCOptions
Options Market Update 10/25
Volumes and sentiment have picked up materially in October while the US election looms on the horizon. Trump is gaining momentum in the polls (or is it just polymarket) and BTC sits on huge levels.
TRADE IDEA
Buy BTC and Sell a 27-Dec 90k Call / 55k Put for Zero Premium (Collar, spot ref 68000)
Payoff is asymmetric at nearly 2:1 with 22k of upside and 13k of downside
Implied rates have blown out higher pushing futures up and giving this better entry
Skew for Calls is bid (4 vols over Puts) on a perceived victory by Trump
Best of all: zero premium for the hedge and zero exposure below 55k
TRADE IDEA
Buy a 15-Nov 60k BTC Digital Put for 23.0% (spot ref 68000)
Nice hedge for anything but a Trump victory over the election
Vols are low and protection is cheap for the uncertainty
Trade pays out nearly 4.5x with spot under 60k
#OptionTrading #BTCOptions