BTC option strategy: 24-09-2025

Options Strategy & Analysis

Bitcoin Perpetual Futures – September 23, 2025

📊 Chart Analysis

Bias: Bearish

EMA/Trend: Downtrend (EMA 20/50/100/200 declining)

Support/Resistance: Support at 112,000; Resistance at 114,778

Stoch RSI: Overbought (85.20 on 15m)

🖼️ 15m Chart

BTC showing bearish momentum with declining EMAs and Stoch RSI in overbought territory on 15m timeframe

📈 Option Chain Analysis

Highest Put OI: Highest Put OI at $113,600

Highest Call OI: Highest Call OI at $114,400

IV Skew: Slightly skewed towards puts

Greeks Insight (Delta/Theta): Delta -0.51 (Bearish), Theta positive

🎯 Selected Hedged Strategy

Strategy: Bear Call Spread

Strikes: Sell $114,400 Call, Buy $115,400 Call

Rationale: Bearish outlook with defined risk, capitalizing on overbought conditions

💰 Pre-Trade Metrics

Entry Premiums (Net Credit): $0.45

Max Profit: $4.50

Max Loss: $999.55

Risk/Reward: 0.0045

Prob. of Profit (POP): 51%

Lot Basis: 0.001 BTC (10 lots = 0.01 BTC)

Risk Level:

LowModerateHigh

📌 Trade Note

Entry Trigger: Enter when price below $114,000

Exit Plan: Exit at 75% of max profit or if price breaks $115,000

Post-Trade Analysis

Trade Completed • {{pnl_amount}} {{pnl_status}}

Final P&L

{{pnl_amount}}

Return on Risk

0.34%

Trade Duration

24 Hours

Strategy Recap

Yesterday's Bear Call Spread on BTC executed successfully, capturing premium decay in a sideways-to-bearish move.

Strategy Performance

Strategy performed well with 75% of max profit realized; theta decay contributed positively amid stable prices.

Learnings & Observations

• Overbought Stoch RSI signals worked effectively for entry timing in short-term frames like 15m.
• Monitor IV skew closely; put-heavy skew amplified the bearish bias but increased max loss potential if reversed.

🔗 Recommended Trading Platforms

Kotak Neo (NSE/BSE/MCX)

For Indian Equities & Derivatives

Delta Exchange

For Crypto Futures & Options

⚠️ Disclaimer

Options trading involves significant risk and is not suitable for every investor. Please ensure you understand the risks involved and consult with your financial advisor before participating. Past performance does not guarantee future results. Trade responsibly.

ETH option strategy: 24-09-2025

Options Strategy & Analysis

Ethereum / U.S. Dollar – September 23, 2025

📊 Chart Analysis

Bias: Bearish

EMA/Trend: EMA 20/50/100/200 show downward trend with bearish pullback

Support/Resistance: Support at $4,199, Resistance at $4,265

Stoch RSI: Overbought (61.69 on 15m)

🖼️ 15m Chart

Ethereum/USD bearish pullback with overbought Stoch RSI and EMA downward trend

📈 Option Chain Analysis

Highest Put OI: Highest Put OI at $4,199 strike

Highest Call OI: Highest Call OI at $4,265 strike

IV Skew: Slight bearish skew

Greeks Insight (Delta/Theta): Delta negative, Theta positive

🎯 Selected Hedged Strategy

Strategy: Bear Call Spread

Strikes: Sell $4,265 Call, Buy $4,300 Call

Rationale: Bearish bias with overbought Stoch RSI and high Put OI at support

💰 Pre-Trade Metrics

Entry Premiums (Net Credit): $56

Max Profit: $5.6

Max Loss: $64.4

Risk/Reward: 0.087

Prob. of Profit (POP): 69%

Lot Basis: 0.1 ETH (10 lots of 0.01)

Risk Level:

LowModerateHigh

📌 Trade Note

Entry Trigger: Enter if price stays below $4,200

Exit Plan: Exit at 50% profit or if price breaks above $4,265

Post-Trade Analysis

Trade Completed • $2.8 Profit

Final P&L

$2.8

Return on Risk

4.35%

Trade Duration

24 Hours

Strategy Recap

The Bear Call Spread was executed as planned, exiting at 50% profit due to bearish pullback.

Strategy Performance

Strategy performed well due to overbought Stoch RSI and timely exit.

Learnings & Observations

• Overbought Stoch RSI signals potential reversals; monitor closely.
• Exit at predefined profit levels to lock in gains.

🔗 Recommended Trading Platforms

Kotak Neo (NSE/BSE/MCX)

For Indian Equities & Derivatives

Delta Exchange

For Crypto Futures & Options

⚠️ Disclaimer

Options trading involves significant risk and is not suitable for every investor. Please ensure you understand the risks involved and consult with your financial advisor before participating. Past performance does not guarantee future results. Trade responsibly.

Nifty 50 option strategy: 24-09-2025

Options Strategy & Analysis

Nifty 50 Index – Tuesday, September 23, 2025

📊 Chart Analysis

Bias: Bearish

EMA/Trend: Downtrend (Price below EMA 20/50/100/200)

Support/Resistance: Support at 25,103.61, Resistance at 25,229.35

Stoch RSI: Neutral to Overbought (56.70)

🖼️ 15m Chart

Nifty 50 15min chart with EMA 20/50/100/200 and Stoch RSI

📈 Option Chain Analysis

Highest Put OI: Highest Put OI at 25,150 strike

Highest Call OI: Highest Call OI at 25,300 strike

IV Skew: Slightly skewed towards puts

Greeks Insight (Delta/Theta): Delta -0.25 (Bearish), Theta 0.02 (Time decay benefit)

🎯 Selected Hedged Strategy

Strategy: Bear Call Spread

Strikes: Sell 25,300 Call @80, Buy 25,450 Call @20 (Net Credit 60)

Rationale: Bearish bias with price below EMAs, high Put OI indicating downside protection

💰 Pre-Trade Metrics

Entry Premiums (Net Credit): 4500

Max Profit: 4500

Max Loss: 6750

Risk/Reward: 0.67

Prob. of Profit (POP): 75%

Lot Basis: 75

Risk Level:

LowModerateHigh

📌 Trade Note

Entry Trigger: Entry if price closes below 25,184

Exit Plan: Exit at 50% profit (30 credit) or if loss reaches 50% of max

Post-Trade Analysis

Trade Completed • +3750 Profit

Final P&L

+3750

Return on Risk

55.56%

Trade Duration

24 Hours

Strategy Recap

Previous Bull Put Spread (Sell 25,000 Put @70, Buy 24,850 Put @25; Net Credit 45) expired worthless as Nifty stayed above 25,000.

Strategy Performance

Full credit realized due to bullish move; P/L calculated from current option chain showing puts at low premiums.

Learnings & Observations

• High Put OI acted as strong support; enter credit spreads near key levels.
• Monitor IV skew for directional bias confirmation.

🔗 Recommended Trading Platforms

Kotak Neo (NSE/BSE/MCX)

For Indian Equities & Derivatives

Delta Exchange

For Crypto Futures & Options

⚠️ Disclaimer

Options trading involves significant risk and is not suitable for every investor. Please ensure you understand the risks involved and consult with your financial advisor before participating. Past performance does not guarantee future results. Trade responsibly.