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BTCMOVE: Scalp long volatility

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Market is boring, bitcoin doesn't move, so, on the one hand I can only wait for some movement and react to it after, but on the other hand I can react on the waiting of the movement itself (or no movement), i.e long / short volatility.

I think there should be some kind of strong movement soon, so I've decided to long BTCMOVEWK0501 contract (straddle) on FTX with strike at $7483.

Hope to catch 10% movement, invalidation - falling 4-5% below, I follow the position closely.

Hit the "LIKE" button and follow to support, thank you.

Information is just for educational purposes, never financial advice. Always do your own research.
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It seems not the best entry point -\ Bought some more, average 356.0
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Wow! Thx BTC, +45%, didn't expect that much, but it turned out well. As you can see if the market is going sideways - not necessary to trade the chop, just long/short volatility.

syot kilat
Beyond Technical AnalysisBitcoin (Cryptocurrency)cryptocryptotradingFTXlongvolatilitymoveoptionsstraddleVolatility

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