
You can have the right direction on bitcoin:native. The timing perfect. The market move exactly what you expected. But the strike you pick can still make or break your trade. Let me show you why. #LearnkaroCryptoKaro A strike price is the level where your option becomes profitable. Think of it like a finish line you think bitcoin:native will cross the price by this date." Pick the wrong finish line same race different outcome. Let's say bitcoin:native is trading at ₹78,000 right now on CoinDCX. You're bullish you expect bitcoin:native to rally. But here's where it gets tricky you pick the ₹79,000 strike or the ₹80,000 strike same direction completely different trades. First Difference ₹79,000 call (1 day expiry) Premium ₹2,500 ₹80,000 call (1 day expiry) Premium ₹1,200 The ₹79,000 is 2x more expensive. Why It's closer to current price higher odds of finishing in the money. Market charges more for those odds. Here's where it matters ₹79,000 strike breakeven at ₹81,500 (₹79,000 + ₹2,500 premium) ₹80,000 strike breakeven at ₹81,200 (₹80,000 + ₹1,200 premium Want to be profitable? bitcoin:native needs to cross these lines.The ₹79,000 strike needs a bigger move to even break even. Here's the kicker for ₹79,000 strike: bitcoin:native needs to move from ₹78,000 to ₹81,500 = ₹3,500 move needed For ₹80,000 strike: bitcoin:native needs to move from ₹78,000 to ₹81,200 = ₹3,200 move needed. The "cheaper" premium actually needs more total movement to profit. You see ₹1,200 premium (cheaper) you assume it's the easier trade. But no the ₹80,000 strike needs bitcoin:native to move ₹3,200. The ₹79,000 strike needs bitcoin:native to move ₹3,500. What looks cheaper isn't always easier. Now assume bitcoin:native does exactly what you expect Rallies to ₹82,000 ₹79,000 strike profit: ₹82,000 - ₹81,500 (breakeven) = ₹500 profit ₹80,000 strike profit:₹82,000 - ₹81,200 (breakeven) = ₹800 profit. The further strike pays more but look what it needs. ₹79,000 strike: Cheaper premium, lower breakeven, but capped profit (₹500 max in our scenario) ₹80,000 strike higher premium, higher breakeven, but open-ended profit (₹800 in our scenario, could be ₹2,000 if bitcoin:native rallies harder) which one's better, depends on your expected move. If you expect bitcoin:native to rally to ₹81,000 ₹79,000 strike wins (₹500 profit vs ₹0). If you expect bitcoin:native to rally to ₹82,000: ₹80,000 strike wins (₹800 profit vs ₹500). If you expect bitcoin:native to rally to ₹83,000: ₹80,000 strike crushes it (₹1,800+ profit vs ₹500). Start thinking "what move do I actually expect, and which strike captures that move best" Cheap premium doesn't equal good trade. It equals lower probability + lower reward. Expensive premium = higher probability + confined payoff (until it breaks past breakeven). Pick the closer strike if you expect a small move. You want lower breakeven and higher probability. Pick the further strike if you expect a big move. You want unlimited upside and can afford the premium. Your expected move → Strike choice simple. The strike you choose matters just as much as getting the direction right. You could be right on direction and still pick a strike that doesn't profit. Strike selection = Matching your bet to your conviction. It's the one that best matches your expected move. Close strike = Safer, confined reward. Far strike = Riskier, unlimited reward. Pick based on your market view not on premium price. Open CoinDCX Options pick any bitcoin:native or $ETH. Compare two nearby strikes Drop: → Strike 1 premium + Strike 2 premium → Your expected move → Which strike you'd pick and why let's see how you're thinking. The strike gap is where precision happens most traders miss it. Master it, and you're not just trading direction—you're trading conviction with the right precision tool.
