Trade Idea: ETH Catch-Up
As Bitcoin's momentum pushes toward the 100k mark, ETH remains significantly below its all-time high. This opens a potential opportunity for a catch-up play, especially for those anticipating that some wealth generated from BTC's rally will spill over into ETH and the broader crypto ecosystem.
ETH Binary Call Option
Current ETH Price: 3150
Strike Price: 4000
Expiration Date: Dec 27
Cost: $12.5 per $100 payout (12.5% premium)
How It Works
If ETH is ≥ 4000 on Dec 27, you receive $100.
If ETH is < 4000, you receive $0.
Max Loss: Limited to the initial $12.5 premium
Max Return: 8x if ETH >= 4000 at expiry
(not investment advice)