hort Call on BTC (Short-Term)
Entry: Sell 1 BTC Call @ $120,000 strike, August expiry (~4 weeks)
Premium Collected: ~$1.5K–$2K (~0.013 BTC)
Thesis: BTC is facing resistance in the $118.9K–$120K zone. While overall trend is bullish, short-term momentum may stall at new highs. A short call captures time decay, profiting if BTC consolidates or retraces.
Risks: Unlimited if BTC rallies strongly above $120K. Consider hedging with a long call at $125K strike.
Target: Keep the entire premium if BTC <= $120K at expiry.
Entry: Sell 1 BTC Call @ $120,000 strike, August expiry (~4 weeks)
Premium Collected: ~$1.5K–$2K (~0.013 BTC)
Thesis: BTC is facing resistance in the $118.9K–$120K zone. While overall trend is bullish, short-term momentum may stall at new highs. A short call captures time decay, profiting if BTC consolidates or retraces.
Risks: Unlimited if BTC rallies strongly above $120K. Consider hedging with a long call at $125K strike.
Target: Keep the entire premium if BTC <= $120K at expiry.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.