Bitcoin surges, beware of weekend pullbacks, selling options requires re-examining the biggest pain point next week
This week, the biggest pain point of Bitcoin options is 62,500, and the biggest pain point next week is 63,000. The current price is 66,000. Can the positive CPI data support it until Friday afternoon? Keep a reserved attitude.
At present, it is recommended to sell calls from 70,000 to 72,000 next week on highs, and use spot for delta neutral hedging.
The overall US economic situation and US stock situation are not very conducive to Bitcoin's upward breakthrough. Therefore, the logic of continuing to maintain sideways consolidation has not changed.
Wait until the exact interest rate cut news is released, and then look at the breakthrough of the new high.
At the same time, the cottage did not follow Bitcoin's strong rise, and the weak state is obvious. You can also sell calls above the Bollinger upper rail and wait for the landing news of the aunt ETF.
There will be news of ETF approval on the 23rd and 24th of this week, and it is a market consensus that it is highly likely to fail. Beware of the dealer taking the opportunity to speculate on the decline on the same day.
Halfway through May, the time value of the sideways market is very attractive, but the risk of a surge is also very high. Be cautious when selling options, do not sell naked, and be sure to hedge.
I wish you all enjoy the benefits of the bull market, avoid the risks of the bull market, and make money steadily. $BTC $ETH #对冲交易 #冰火岛