CRYPTO NEWS - Bitcoin Back at $ 57000 | Crypto Market is Waiting for New Gains
CRYPTO NEWS - Bitcoin Back at $ 57000 | Crypto Market is Waiting for New Gains
00:12 Intro
01:45 Crypto News
02:17 Bitcoin News
03:48 Crypto Marken News
05:15 Bitcoin Back at $ 57000
07:06 Outro
For traders who are undecided about bitcoin (BTC) movement, the "long condor with call options" strategy, or iron condor options strategy, gives optimal results at very low risk. This strategy provides protection of up to $53,500, which is 7% of the current $57,600 level, and yields positive returns of up to $67,500.
Options markets provide great flexibility to develop customized strategies. Unlike futures, there are two separate instruments. A call option gives the buyer protection against price appreciation, while a protective put option offers the opposite.
This "long condor" strategy is set to expire on December 31 and uses a slightly bullish range. The same basic structure can be applied to other periods or price ranges, although the number of contracts may require some adjustment.
Bitcoin was trading at $57,600 when pricing occurred, but a similar result can be achieved starting at any price level. The minimum contract size depends on the derivatives exchange, but you should stick to the suggested ratio to keep the overall structure of the strategy.
The first trade requires the purchase of a 0.54 contract of $52,000 call options to create positive exposure above that price level. Then, to limit profits above $56,000, the trader needs to sell 0.50 call option contracts on BTC.
To further limit profits above $64,000, another 0.45 call option contracts must be sold. To complete the strategy, the trader needs to protect against a price increase above $70,000 by buying 0.41 call option contracts if the price of bitcoin rises sharply.
#bitcoin #btc #crypto
00:12 Intro
01:45 Crypto News
02:17 Bitcoin News
03:48 Crypto Marken News
05:15 Bitcoin Back at $ 57000
07:06 Outro
For traders who are undecided about bitcoin (BTC) movement, the "long condor with call options" strategy, or iron condor options strategy, gives optimal results at very low risk. This strategy provides protection of up to $53,500, which is 7% of the current $57,600 level, and yields positive returns of up to $67,500.
Options markets provide great flexibility to develop customized strategies. Unlike futures, there are two separate instruments. A call option gives the buyer protection against price appreciation, while a protective put option offers the opposite.
This "long condor" strategy is set to expire on December 31 and uses a slightly bullish range. The same basic structure can be applied to other periods or price ranges, although the number of contracts may require some adjustment.
Bitcoin was trading at $57,600 when pricing occurred, but a similar result can be achieved starting at any price level. The minimum contract size depends on the derivatives exchange, but you should stick to the suggested ratio to keep the overall structure of the strategy.
The first trade requires the purchase of a 0.54 contract of $52,000 call options to create positive exposure above that price level. Then, to limit profits above $56,000, the trader needs to sell 0.50 call option contracts on BTC.
To further limit profits above $64,000, another 0.45 call option contracts must be sold. To complete the strategy, the trader needs to protect against a price increase above $70,000 by buying 0.41 call option contracts if the price of bitcoin rises sharply.
#bitcoin #btc #crypto
