BTC Options Strategy – 25 Nov 2025
Bitcoin / USD – Delta Exchange (Expiry: 26-Dec-2025)
📊 Market Bias & Chart Summary
Bias: Bearish
Trend: Price below all major EMAs (20/50/100/200) on 1H & 4H
Stoch RSI (15-min): Oversold → possible short-term bounce
Key Support (Put OI): $88,000 → $87,000
Key Resistance (Call OI): $88,000 → $89,000
IV Level: Moderately High (good for credit strategies)
🎯 Recommended Strategy
Bear Call Spread (Credit)
Sell 88,500 CE | Buy 89,000 CE
Rationale: Bearish trend + high Call OI at 88k–89k + positive theta decay
💰 Payoff & Risk Metrics (100 lots × 0.001 BTC)
Net Credit Received
$45
Max Profit
₹3,825
Max Loss
₹4,165
Risk Level:
📌 Trade Management
Entry Trigger: BTC stays below $88,200 on 15-min close
Stop Loss: Close if BTC crosses above $88,600
Take Profit: 50–60% of max profit (₹1,900–₹2,300)
Exit Before: 2–3 days to expiry if still open
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Disclaimer
Options & crypto derivatives carry high risk. Trade only with capital you can afford to lose. This is not financial advice.