Options Strategy & Analysis (Fresh)
ETH/USD – January 20, 2026
📊 Chart Analysis
Bias: Bearish
EMA/Trend: Price below key EMAs, breakdown from higher levels (Downtrend)
Support/Resistance: Support @ $3,100 | Resistance @ $3,200–$3,300
Stoch RSI: Lower Zone (Oversold potential after drop)
🖼️ 15 Min Chart
Sharp drop visible with price below EMAs, potential oversold bounce but bearish momentum.
📈 Option Chain Analysis
Expiry Date: ~9 days left (nearest)
Highest Put OI: $3,100 (Strong Support)
Highest Call OI: $3,000–$3,100 area (Resistance near spot)
IV Skew: Bearish skew (Puts active near spot)
🎯 Selected Hedged Strategy
Strategy: Bear Call Spread
Strikes: Sell $3,150 Call • Buy $3,200 Call
Rationale: Bearish bias + time decay benefit • Collect premium if ETH stays under ~$3,150
💰 Pre-Trade Metrics
Entry Premiums (Net Credit): $0.25 per lot
Total Net Credit (100 lots): $25 → ₹2,125
Max Profit: ₹2,125
Max Loss: ≈ ₹4,229
Risk/Reward: ≈ 2 : 1
Prob. of Profit (POP): ~68%
Lot Basis: 100 lots of 0.01 ETH (Delta scale)
Risk Level:
📌 Trade Note
Entry Trigger: Enter if price rejects $3,150 or holds below $3,120
Exit Plan: Exit at 50% profit (~₹1,060) or if price breaks above $3,150 (stop loss area)
🔗 Recommended Trading Platform
⚠️ 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.
