This is the Binance Options trading interface for the $BTC /USDT pair.
Key Details:
Chart Timeframe: 1 Hour (1H) selected.
Current $BTC
Price: Around $7085.
Two primary options:
Buy Call: Predict BTC price will go up within the timeframe.
Buy Put: Predict BTC price will go down within the timeframe.
Quantity: The amount of BTC you want to use for the options trade (currently set to 0 BTC).
Premium: The cost of the option in USDT (currently 0 because quantity is 0).
Instructions:
1. Select Quantity: Adjust the amount of BTC using the +/- buttons.
2. Choose Direction:
Press Buy Call if you expect the price to rise.
Press Buy Put if you expect the price to fall.
3. Monitor Timeframe: You selected the 1-hour expiry; monitor accordingly.
Reminder:
Options trading carries high risk and is suitable for experienced traders. Always manage your risk properly.
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