Bitcoin Options Market Suggests Short Strangle Strategy for Stability

Bitcoin (BTC) showed low volatility in August, trading between $95,000 and $125,000. According to 10x Research, a "short strangle" strategy is recommended for the upcoming month.

Current BTC price around $113,000
Sell September expiry put near $95,000
Sell September expiry call near $125,000
Strategy captures premium if BTC stays within defined range
Implied volatility exceeds realized volatility, indicating options are overpriced

This approach mirrors selling insurance against price fluctuations, with maximum profit achievable between $95,000 and $125,000. Previous short strangle recommendation yielded 3.5% return. However, significant risks exist, especially with sudden volatility spikes, necessitating ongoing position monitoring.