Although the strategy was heavily inclined on long side but because of proper hedge it is giving 1% return despite price being fallen 3% from opening of the trade. Options can help you to manage risks efficiently.
BTC weekly strategy
moving sideways with downward bias, if crosses 60k then can see a spike towards 65k
Buy 16th april 58K call 2 qty
Sell 16th april 62k call 4 qty
Sell 16th april 58k put 0.5 qty
Sell 30000 USD BTC
Keep a trigger order of 125000 USD BTC buy at 61K
Margin 1 coin
Listened to the Tetranode UpOnly podcast and it hardened my believe that ETH is going to win the smart contract space.
I am not bullish on any of the $eth killers. The projects on these chains are analogous to the random community stores adding BCH payments.
.@DeribitExchange's John Jansen tells #CDTV that its volatility index is similar to the VIX, which is often called the "fear index."
He shares more about the product and its effect on bitcoin.
Watch the full segment, presented by @NexoFinance: https://t.co/BNpAV8NJu0
1) Split BTC flows, as Apr 50k Puts added fast 500+ on screens during spot liquidations, but Apr16 60k Call bought via blocks x500 on spot lows/attempted bounce.
Implied vols unmoved - 1wk 65% IV, Dvol 80%, so no real concern exhibited, and Put skew only very fractionally firmer.
Update on strategy..
Still sitting on 7% gains..
That's the beauty of trading options..
I think it's better to book profits at this point of time with this weekly position..
Will post new strategy for next week soon..
BTC Strategy on Deribit
You can do this with 1 coin
Buy 3 Qty Call @ 52000 9th April at 0.06
Sell 4 Qty Call @ 68000 30h April at 0.026
Sell 40000 USD BTC Perpetual at around 52000
Sell 1 Qty Put @ 48000 30th April at 0.05
Update on Strategy...
Sitting on around 10% profit on this one...
Still scope to get more if BTC crosses 60k..
If BTC starts drifting below 57k then can be closed with some gain..
@nishoutofwater Trade with only options to manage your risk properly and still make decent gains using leverage. Only trade on BTC and ETH.
Follow my account to get calls on various option strategies
I just made over a million dollars on my $KSM long. Thank you @Grayscale !!! !!!
Now letโs change some lives!
Iโm going to be giving away $100k $BTC in 24 HRS ๐๐๐
ONE
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THOUSAND
Post your address and retweet to be valid.
WINNER DRAWN LIVE WITH RT PICKER โ โ โ
@benjamincowen ETH looking good..
Strategy on Deribit for next couple of week position...
Buy 16th April 1800 Call @ 0.065 - 5 Qty
Sell 30th April 2240 Call @ 0.032 - 10 Quantity
Margin Required - 2 Coins..
Profit potential of 8 to 10% in next 1 week if ETH moves near 2000-2100
@IncomeSharks ETH looking good..
Strategy on Deribit for next couple of week position...
Buy 16th April 1800 Call @ 0.065 - 5 Qty
Sell 30th April 2240 Call @ 0.032 - 10 Quantity
Margin Required - 2 Coins..
Profit potential of 8 to 10% in next 1 week if ETH moves near 2000-2100
@DaanCrypto ETH looking good..
Strategy on Deribit for next couple of week position...
Buy 16th April 1800 Call @ 0.065 - 5 Qty
Sell 30th April 2240 Call @ 0.032 - 10 Quantity
Margin Required - 2 Coins..
Profit potential of 8 to 10% in next 1 week if ETH moves near 2000-2100
@CryptoWendyO ETH looking good..
Strategy on Deribit for next couple of week position...
Buy 16th April 1800 Call @ 0.065 - 5 Qty
Sell 30th April 2240 Call @ 0.032 - 10 Quantity
Margin Required - 2 Coins..
Profit potential of 8 to 10% in next 1 week if ETH moves near 2000-2100
@nebraskangooner ETH looking good..
Strategy on Deribit for next couple of week position...
Buy 16th April 1800 Call @ 0.065 - 5 Qty
Sell 30th April 2240 Call @ 0.032 - 10 Quantity
Margin Required - 2 Coins..
Profit potential of 8 to 10% in next 1 week if ETH moves near 2000-2100
ETH looking good..
Strategy on Deribit for next couple of week position...
Buy 16th April 1800 Call @ 0.065 - 5 Qty
Sell 30th April 2240 Call @ 0.032 - 10 Quantity
Margin Required - 2 Coins..
Profit potential of 8 to 10% in next 1 week if ETH moves near 2000-2100
The value of #BTC and #ETH has gone up so much that every #sats is important.. Dont lose them by taking highly leverage trades and trade with #OptionsTrading on @DeribitExchange with proper hedge and cover your risk
@zhusu