Trade 4. Buy-The-ETH-Rotation: ETH-BTC Binary Call Option

Trade 4: Buy-The-ETH-Rotation: ETH-BTC Binary Call Option

There has been a growing narrative that the halving effect on the BTC price has been brought forward this time due to the ETF news. This perspective suggests that the halving is already priced in, and now might be a good time to rotate into ETH and alts. This is especially relevant as anticipation for an ETH ETF grows. Position for a potential rebound of the cross from its current 3-year low.

ETH-BTC Binary Call Option:

Maturity: 1 month

Spot Reference: 0.05 BTC

Strike: 0.06 BTC

Premium: 100k USD, paid upfront

Payoff:

•⁠ ⁠if ETH-BTC >= 0.06 at maturity, receive USD 1 million (10x return);

•⁠ ⁠if ETH-BTC < 0.06, receive 0 (you lose the premium)