This is just futures with high leverage. You would most likely lose all your capital before you can make 20x in 30 minutes.
Options in general are always high leverage mostly due to the time factor.
I guess you can make alot of money with this when BTC is moving with volume but usually its moves very slow.
Some options, depending on the strike price, can provide high leverage. A deep in-the-money call might not provide any leverage at all. I'm not sure 'time factor' had anything to do with leverage of the position, per se.
The key is that option strategies can be used to profit from any type of market. Options can help you profit from a flat market, if you place your bets accordingly. THAT is the primary utility of options - you can tailor your risk/reward exposure. Leverage can be had via futures or buying margin. Only options allow one to shape their risk/reward profile in the way they do.