Ethereum (ETH) Options Strategy : 16-08-2025

Ethereum Perpetual Futures

ETH

DeltaExchange

USD

• The 15-minute chart shows a decline from ~$4,472.55 to $4,423.19.
• A bearish trend is evident on the 1-hour chart with EMAs showing a downward crossover.
• The 1-day chart shows a price drop to $4,423.19, with Stochastic RSI at 39.04, nearing oversold territory.
• Longer-term bearish trend visible on the 1-week chart, with Stochastic RSI at 90.89 indicating a correction from earlier overbought conditions.

22 Aug 2025

$4,423.19

Relevant strikes: $4,450 (Call Sell) and $4,500 (Call Buy).

Sell Call at $4,450 (Premium ~$140.10), Buy Call at $4,500 (Premium ~$116.04).

• Sell a Call at $4,450 strike (premium ~$140.10)
• Buy a Call at $4,500 strike (premium ~$116.04)
• Position Size: 1 contract

• $24.06 (Net Credit)
• $25.94
• $4,425.94

• Enter if spot remains below $4,450 and 15-min Stochastic RSI confirms oversold (<40).
• Exit at 50-70% profit (~$12-$16) or if price approaches $4,450, within 3-5 days pre-expiry.
• Stoploss at 1.5-2x credit loss (~$36-$48) or if price breaches $4,500.

Bitcoin (BTC) Options Strategy : 16-08-2025

Bitcoin Perpetual Futures

BTC

DeltaExchange

USD

• The 1-day chart shows a recent downward trend, with the spot price at $117,449.0.
• Key support is around $107,373.7, with resistance near $117,449.0 and $124,000.
• The Stochastic RSI is at 51.49, suggesting a neutral to slightly overbought condition.
• Implied volatility is moderate, ranging from 28.2% to 30.8%.

22 Aug 2025

$117,449.0

Relevant strikes: $117,500 and $118,000.

Sell Call at $117,500 (Mark Price $260.65), Buy Call at $118,000 (Mark Price $402.02).

• Sell a Call at $117,500 strike (premium ~$260.65)
• Buy a Call at $118,000 strike (premium ~$402.02)
• Position Size: 1 contract

• -$141.37 (Net Debit)
• $500 - Net Debit
• $117,500 + Net Debit

• Enter if spot remains below $117,500 with Stoch RSI trending down.
• Exit at 50% max profit or 3 hours pre-expiry.
• Stoploss at 1.5x credit loss or if price breaches $118,000.