BTC Option: Capturing the Range
Sideways View on BTCUSDT
Trade:
Sell 36600 Call option of 9 November expiry @ $95
Sell 34600 Put option of 9 November expiry @ $75
Stop Loss: P-34600 = $150
C-36600 = $190
Target: $0 premium in both legs
Max Profit: 1170/BTC
Max Loss: 1170/BTC
Rationale:
BTC appears to be trading in a tight range, hovering between the support level at 34,300 and the resistance level at 36,000, which suggests a sideways trend in the short term.
Adding to our odds, our analysis of Open Interest (Oi) data on November 9 th reveals a balanced occurrence of both call and put options being written, contributing to a neutral market sentiment.
Trade:
Sell 36600 Call option of 9 November expiry @ $95
Sell 34600 Put option of 9 November expiry @ $75
Stop Loss: P-34600 = $150
C-36600 = $190
Target: $0 premium in both legs
Max Profit: 1170/BTC
Max Loss: 1170/BTC
Rationale:
BTC appears to be trading in a tight range, hovering between the support level at 34,300 and the resistance level at 36,000, which suggests a sideways trend in the short term.
Adding to our odds, our analysis of Open Interest (Oi) data on November 9 th reveals a balanced occurrence of both call and put options being written, contributing to a neutral market sentiment.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.