How I Made 40% in 1 Hour with Bitcoin Options: A Case Study

The Setup: On July 3rd, Bitcoin ($BTC) had a rough day, plunging while the S&P 500 ($SPX) soared to an all-time high. It seemed investors were rotating out of Bitcoin, potentially liquidating from its previous peak of $72K. If you’re a night owl willing to trade during late US hours (1 PM — 6 PM PT), you might consider shorting $BTC to catch the downtrend. However, I prefer trading during the most liquid and volatile hours, from 6:30 AM to 9:30 AM PT.