🚀 DOGEUSDT shows +3% for the day, and RSI (14) is close to 54 – the perfect moment for a straddle!
📊 Data:
- Current price: $0.19008 (EMA20: 0.18759, EMA50: 0.18942)
- 24h range: $0.18437 - $0.19748
- Volume for 24h: 7.05B DOGE (1.35B USDT)
🎯 Why straddle?
1. Volatility: IV (implied volatility) of DOGE options reaches up to 170% (strike $0.2100).
2. Events: News or market movements are expected – DOGE often reacts sharply.
3. Technique: Price between EMA20 and EMA50 – a breakout is possible in either direction.
📌 Example strategy (option 25-06-13):
- Buy CALL ($0.1900) – strike $6.5550, IV 103.17%.
- Buy PUT ($0.1900) – strike $6.9550, IV 105.30%.
- Goal: Sharp price increase/decrease after exiting consolidation.
💡 Risks:
- Decrease in volatility (time loss).
- Commissions and spreads – choose liquid strikes.
📢 Your turn!
Are you ready to catch the DOGE movement? Share your forecasts in the comments!
Important: This is an educational example, not investment advice! Trade carefully.