You were right about BTC going up… BUT YOUR OPTIONS TRADE STILL LOST. Why? 🧐
Because getting the direction right is only part of the trade.
Two things can still decide the result: your strike and your expiry.
🔹 Strike — the price level your trade is measured against.
Example:
BTC is at $60,000 and you choose a Call with a $62,000 strike.
BTC can go up to $61,500 — and you were right about the direction — but it still did not reach your strike.
🔹 Expiry — the time your trade ends.
Example:
You think BTC will rise this week, but choose a 1-day expiry.
BTC rises on Day 3, exactly as you expected — but your trade already ended on Day 1.
That’s how you can be right about the market, but wrong about the trade.
Getting these two things clear helps you choose a trade that actually matches your market view — instead of losing because of the wrong strike or expiry.