Bitcoin (BTC) Options Strategy Report: 15-08-2025

Bitcoin Perpetual Futures

BTC

DeltaExchange

USD

• The 1-hour chart shows a recent downtrend followed by a slight recovery. Moving averages indicate a bearish short-term trend.
• Key support is around $118,000-$119,000, with resistance near $124,000-$125,000.
• Stochastic RSI is in the oversold region (around 5.04-12.75), suggesting a potential reversal.
• Elevated volatility is suggested by the sharp price movements.

22 Aug 2025 (7 days, 2 hours, 17 minutes remaining)

$118,729.4

Relevant strikes: $115,000 to $120,000, with highest OI at $117,500.

Implied Volatility (IV) varies, with higher IV for OTM puts.

• Sell a Call at $120,000 (premium ~$121.50)
• Buy a Call at $122,000 (premium ~$60.80)
• Position Size: 10 lots (contract size 0.001 BTC)

• ~$6.07
• ~$12.39
• $120,060.7

• Enter if spot stays below $120,000 with Stoch RSI showing signs of recovery.
• Exit at 50-70% profit or 3-5 days pre-expiry.
• Stoploss at 1.5-2x credit loss or if price breaches $121,000.

Ethereum (ETH) Options Strategy Report: 15-08-2025

Ethereum

ETH

DeltaExchange

USD

• Bullish reversal on 15-min and 1H charts, with a longer-term uptrend on 1D and 1W charts.
• Shorter EMAs aligning upward, supporting the short-term bullish momentum.
• 1-week chart shows overbought conditions at 94.19, suggesting caution.
• High volatility with a recent price spike.

22 Aug 2025 (7 days, 23 hours remaining)

$4,638.02

Call at $4,650 (OI 4600, IV 63.3%), Put at $4,650 (OI 124.31K, IV 63.8%)

Delta near 0.5 for $4,650 strikes, indicating a balanced risk/reward.

• Sell $4,650 Call at $191.30
• Buy $4,700 Call at $144.00
• Sell $4,650 Put at $170.80
• Buy $4,600 Put at $219.50

• 1 contract (0.01 ETH)
• Net credit (adjusted for realism)
• Spread width ($50) minus net credit
• $4,650 $\pm$ net credit

• Align with bullish reversal, premium > 1/3 spread width.
• 50% max profit or 3 days before expiry.
• 1.5x credit loss or IV spike > 20%.