Greeks.live: The cryptocurrency market sentiment is divided, with options trading mainly focusing on contracts expiring on February 16th
Macro analyst Adam from Greeks.live posted on the X platform, stating that market sentiment is diverging. Some traders expect to break through the $96,000-$98,000 range, while others remain bearish and continue to sell call options. The price fluctuates within the $95,000-$96,000 range while the S&P 500 index hits a historical high. Options trading strategy:
Traders actively roll over bullish option spreads and bearish positions to collect premiums with a primary focus on contracts expiring on February 16th.
It's worth noting that despite being in an environment of low volatility at 36%, there is still significant trading activity selling call options in the $98,000-$99,000 exercise price range with an expiration date of February 16th.
The strategy includes balancing short-term premium collection with long-term positions expiring in March/April/June as protection.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Jeffrey Huang increases 25x ETH long position to $13.2 million, liquidation price at $3,321.4
CITIC Securities: The AI narrative has only affected the market slope, not the trend
Machi Big Brother increases 25x ETH long positions, current holdings exceed $13 million
