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.K. 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)