Call Spread in BTC -55$ Spread
Sideways View on BTCUSDT
Trade:
Sell Call Spread – BTC – 38400 – 38600 – 30 November expiry at 55$
Stop Loss: Spread Premium of $110
Target: Spread Premium of $0
Max Profit: 555/BTC
Max Loss : 555/BTC
Rationale:
Following an impressive surge in BTC, we observed a retracement from the 38000 levels, leading to a dip in BTC’s value to 34900. This selling pressure successfully breached key demand/support zones, particularly around 35600, and price is back at resistance level again.
Enhancing the probability of this scenario, there is notable open interest (OI) in the $38,500 call options.
Trade:
Sell Call Spread – BTC – 38400 – 38600 – 30 November expiry at 55$
Stop Loss: Spread Premium of $110
Target: Spread Premium of $0
Max Profit: 555/BTC
Max Loss : 555/BTC
Rationale:
Following an impressive surge in BTC, we observed a retracement from the 38000 levels, leading to a dip in BTC’s value to 34900. This selling pressure successfully breached key demand/support zones, particularly around 35600, and price is back at resistance level again.
Enhancing the probability of this scenario, there is notable open interest (OI) in the $38,500 call options.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.